Retail Sector Set to Account for Almost half of Embedded Finance Market
New report from Mambu and AWS forecasts embedded finance is worth $3.5 trillion to the retail sector amid Buy Now Pay Later boom
Global Payments Leader, Credorax, Rebrands as ‘Finaro’
Rebrand focuses on ongoing commitment to brilliantly simple payments and customer-centric service in a complex ecommerce world Leading smart payments provider and merchant acquiring bank, Credorax, has today announced its new company identity, Finaro.
YouTrip, a Neobank in Southeast Asia, Raises US$30 Million to Accelerate Growth in B2C and B2B Space
- 3 years 9 months ago
- Banking
YouTrip's transaction volume has rebounded to pre-COVID levels, driven by strong traction in cross-border e-commerce transactions and return of travel spending. Exponential growth is expected in upcoming months following the opening of more Vaccinated Travel Lanes in Singapore and progressive return of SEA travel. The latest funding will be used to scale the neobank's product offerings, including venturing into the B2B payments space, and... more
Alternative Investment Exchange Announces Integration With UMB Fund Services’ Systems
- 3 years 9 months ago
- Investment, Asset Management, Wealth Management, Alternative Finance
Alternative Investment Exchange (AIX), an alternative investment technology firm that makes it easier for wealth managers and fund sponsors to do business in alternatives, announced the development of a direct data connection with
nCino’s Commercial Banking Solution Ranked “Best-in-Class” by Aite Group for Third Consecutive Time
- 3 years 9 months ago
- Banking
Customer feedback and product innovation drive nCino as a top technology vendor in the 2021 Impact Matrix
Enterprise Capital Funds are Helping to Close the ‘equity gap’ by Increasing the Availability of early-stage Equity Finance to High Potential UK Companies, British Business Bank Interim Evaluation Report Reveals
- 3 years 9 months ago
- Banking
The latest Enterprise Capital Funds (ECF) programme Interim Evaluation Report reveals: · 63% of companies invested in by an ECF supported fund were either seed or start-up, and 25% were early-stage – helping to close the early-stage ‘equity’ gap · 388 UK-based companies funded by the programme between 2011-2019 created almost 8,000 jobs and generated £2.2bn in additional sales · Companies backed by ECFs grew very quickly, with... more
British Patient Capital Announces €30m Commitment to Partech Growth II
- 3 years 9 months ago
- Banking
British Patient Capital has made a €30m commitment to Partech Growth II, which announced its final close today at €650m. Partech is one of the most active tech-specialist venture capital firms in the world, and this latest fund is one of the largest growth funds in Europe. It aims to back between 12 and 15 digital scale-ups, investing between €20m and €70m in each business across sectors such as enterprise software, consumer, healthcare,... more
Multi-currency and FX “business-critical” for 94% of Fintechs post-pandemic
New insights from ClearBank demonstrate industry demand for accessible and competitive multi-currency offering
Developer to Begin Build at Eco-friendly Retirement Village After Bank Backing
- 3 years 9 months ago
- Banking
Development set to begin at eco-friendly retirement village with more than 200 units Shawbrook Bank supports developer with £17 million development loan Five-fold increase in retirement living accommodation required to meet needs of ageing population Work is set to start on a sustainable residential project for the over-55s in Burnham-on-Crouch, Essex, after property developer Burnham Waters Ltd., secured a £17 million loan from Shawbrook Bank.
Eight Out of 10 Advice Professionals would Recommend Financial Planning as a Career, Reveals Dynamic Planner
- 3 years 9 months ago
- Banking
-Dynamic Planner unveils first Spotlight Report: Growth, opportunity and sustainability – the financial advice market in 2021’ -New annual study finds that advice industry is facing into the future with confidence
Post-crisis Customer and Employee Expectations Driving New Digital Transformation Priorities for Banking & Financial Services Leaders
New research unveils that transitioning communications and processes from physical to digital while reducing costs and supporting changing working models top the list of FS priorities
IFIN wins first prize in EFICA Awards 2021
- 3 years 9 months ago
- Islamic Finance
IFIN (“Islamic Finance Initiation Network”) the first of its kind fintech, stands out with its state-of-the-art solutions for the Islamic finance industry and wins the Ethical Finance Initiative Award at the annual EFICA Awards 2021 held on Wednesday 24 November at JW Marriot Marquis, Dubai and organized by Abu Dhabi Islamic Bank (“ADIB”), a leading Arab financial institution, and Refinitiv, a London Stock Exchange Group business.
Bankera Becomes a Member of an International Association Against IBAN Discrimination
- 3 years 9 months ago
- Transaction Banking, Money Transfers, Banking
Although bank transfers in the Single Euro Payments Area, or SEPA, take the same amount of time regardless of the country where the account is issued, some companies don't want to go through the extra trouble and refuse to serve customers from other countries entirely. So Lithuanian fintech company Bankera, together with several other fintech companies operating in the EU, has joined an international initiative to fight the IBAN discrimination.
British Business Investments Announces £7m Commitment to FOLK2FOLK
- 3 years 9 months ago
- Investment, Banking
British Business Investments, a wholly-owned commercial subsidiary within the British Business Bank group, today announces a £7m commitment to FOLK2FOLK, a specialist marketplace lender for rural and regional smaller businesses.
BOB Financial, NPCI and JCB Partner to Launch Bank of Baroda Credit Cards on RuPay Platform
- 3 years 9 months ago
- Payments, Credit Cards, Banking
Beginning with the Easy and Premier variants, the BoB-RuPay Credit Cards are set to offer a host of benefits to the customers
