Lanistar agrees £150M valuation with fresh £15M VC funding
- 4 years 7 months ago
- Banking
London Lanistar, the hassle free banking alternative set to revolutionise how customers streamline their money, has today announced that it has agreed terms in its latest funding round, raising £15 million. Milaya Capital’s investment sees the VC value Lanistar at £150 million ahead of its winter 2020 launch, after agreeing terms to contribute £15 million in exchange for a 10% stake in the company.
Royal Bank of Scotland (RBS) Leverages Mphasis’ Testing Centre of Excellence to Support Business Alignment Objectives
Mphasis (BSE: 526299; NSE: MPHASIS), an Information Technology (IT) solutions provider specialising in cloud and cognitive services, has signed a multi-year deal with Royal Bank of Scotland plc, one of the largest international banking and financial services companies.
OpenPayd unveils crypto banking and payments proposition amid unprecedented sector growth
- 4 years 7 months ago
- Cryptocurrencies, Banking
OpenPayd, the API-led Banking-as-a-Service provider, today unveils its banking and payments solution for digital currency businesses. The proposition provides cryptocurrency businesses with access to a range of banking and payments networks, at a time when exchanges have been experiencing their highest trading volumes.
ezbob Submits Bid for Part of BCR’s £100m Pool E
- 4 years 7 months ago
- Alternative Finance
ezbob, an established technology provider that powers the digital SME lending arm of several UK banks has today announced that it has submitted its proposal for part of the BCR’s (Banking Competition Remedies) £100m Pool E.
CaixaBank to enable non-residents to open an account and apply for a mortgage online
- 4 years 7 months ago
- Banking
CaixaBank, Spain’s leading retail bank headed by chairman Jordi Gual and chief executive officer Gonzalo Gortázar, has become the country’s first bank to present two digital solutions to accompany and facilitate banking for Spain's non-residents. The new platform for digital on-boarding with the bank allows non-residents of Spain to sign up with HolaBank, the bank's program intended for the international community, in a digital way, from any... more
Paymentology eyes the Middle East as competition to attract digital-ready customers grows
- 4 years 7 months ago
- Banking
UK cloud-based payment processor, Paymentology announces the expansion of its Middle East operation to meet the projected growth of digital banking in the region. With the appointment of Ashkay Patel as General Manager for the Middle East, and additions to the current teams based at the Dubai office and 24/7 contact centre in Pakistan, Paymentology is positioned for rapid growth, particularly with Wirecard’s potential exit from the market.
Yolt helps users save on bills through partnership with flexible motor insurance provider By Miles
- 4 years 7 months ago
- Banking
Yolt, the smart thinking money app, has expanded its network of partners today, announcing a new in-app partnership with pay-by-mile car insurance provider,
Allica Bank launches 95-day notice account for personal savers
- 4 years 7 months ago
- Banking
Allica Bank – the business bank that seeks to empower small and medium sized businesses – has today announced the launch of a 95-day notice account for personal savers. It will offer a variable rate of interest, which currently sits at 1.10% AER. Accounts can be opened online with a minimum deposit of £1,000 and a limit of £250,000. They will also be protected by the Financial Services Compensation Scheme on up to £85,000. Savers can then manage... more
Path Solutions top IBS Islamic Sales League Table 2020
- 4 years 7 months ago
- Islamic Finance
Path Solutions, a global banking software provider, was announced by IBS Intelligence as the leader in the Islamic financial services sector in IBS Islamic Sales League Table (SLT) 2020. For the eighth year in a row, Path Solutions was recognized the undisputed leader in Islamic Banking with more new Islamic deals signed in 2019 than any of its industry peers. The company is part of the iconic IBSI Leadership Club 2020 for back office systems,... more
RBI publishes second edition of CEE Fintech Atlas
- 4 years 8 months ago
- Banking
Today, Raiffeisen Bank International (RBI) is launching the second edition of its CEE Fintech Atlas. It provides a profound overview of 19 fintech ecosystems in Central and Eastern Europe (CEE). Data on the size of the ecosystems, the most important fintechs, the largest investors as well as the readiness of the countries’ population for digital banking are not only updated. The CEE Fintech Atlas 2019 also has a focus on the hot topic of Open... more
Robocash Group runs pre-IPO round to launch its Philippine neobank
- 4 years 8 months ago
- Banking
Getting prepared for an initial public offering (IPO) on the Australian Stock Exchange (ASX) in December 2020, Singapore-headquartered Robocash Group opened a US$5 million pre-IPO funding round to finance the launch of its Philippines Neobank called Una Bank by September 2020.
Cognitive Credit and IHS Markit enter strategic alliance to collaborate on global credit data services
Cognitive Credit, the UK-based credit analytics software company, is pleased to announce a new alliance that brings best-in-class credit market data from IHS Markit to the Cognitive Credit application. Cognitive Credit currently provides institutional investors with real-time updated fundamental data and financial models generated by its proprietary data extraction technology, along with a suite of data analytics custom-designed for credit... more
Sopra Banking Software signs strategic partnership with Tink
- 4 years 8 months ago
- Open Banking, Banking
Sopra Banking Software (SBS), a global leader in digital banking and financing software, announces a strategic channel partnership with Tink, Europe’s leading open banking platform. Two European Fintech leaders in digital banking combine their technologies and expertise.
iProov to provide biometric technology to challenger bank Knab, part of AEGON
- 4 years 8 months ago
- Banking, Security, Compliance, Authentication Technology
Today, iProov is proud to announce that its technology is to be deployed by Dutch challenger bank Knab, to provide an effortless online biometric experience to its nearly 500,000 customers. Knab customers can now effortlessly authenticate themselves for a growing range of sensitive transactions using iProov’s patented Flashmark technology. The partnership with the online-only bank, which is owned by multinational life insurance, pensions and... more
FintechOS named the hottest FinTech Startup in Europe
- 4 years 8 months ago
- Banking, FinTech StartUps, IT Innovations
FintechOS, the global provider of technology for the digital transformation of banks, insurance companies and other financial services organisations, is this year’s hottest FinTech Startup, according to the Europas Awards, an event launched in 2009 by Techcrunch’s editor-at-large, Mike Butcher, to recognize and celebrate the innovation emerging from Europe’s burgeoning tech startup scene. The Awards were announced live on 25th June during an... more
