Starling Group Achieves Third Year of Profitability
- 7 months 10 hours ago
- Infrastructure
Starling Group today publishes consolidated results for Starling Bank, Engine by Starling and Fleet Mortgages, for the year ending 31 March 2024. The results show a third year of profitability for the Group, driven by strong growth in revenue, deposits, active customers and customer transactions. The UK digital banking group reports a 54.7% increase in pre-tax profits to £301.1m. Revenue grew by 50.6% to reach £682.2m, while total deposits were... more
Capchase Expands to Ireland, Bringing Non-Dilutive Financing to SaaS Startups
- 7 months 1 day ago
- Infrastructure
Capchase, the revenue acceleration platform for Software-as-a-Service (SaaS) companies, today announced it has expanded its services to Ireland. The company now operates in seven European markets, with a total of nine countries across the globe. The expansion comes at a time when venture capital funding in Europe fell by more than 45% in 2023 compared to the previous year.
Citi Launches Citi Real-Time Funding for Corporate Clients, Expanding Its Real-Time Treasury Suite
- 7 months 2 days ago
- Infrastructure
Citi today announced the launch of Citi Real-Time Funding (RTF), the latest addition to its real-time treasury suite of solutions for corporate clients. Citi Real-Time Funding is now available in Australia, Hong Kong and the United Kingdom, with plans to expand to additional markets later this year.
Adyen Strengthens Commitment to Canadian Market with New Office Opening and Notable Leadership Hire
- 7 months 5 days ago
- Infrastructure
Today, Adyen, the global financial technology platform of choice for leading businesses, announced the opening of its own office in Toronto. The new Toronto office will serve as the company's Canadian headquarters, underscoring Adyen's commitment to sustained growth in the Canadian market. As part of Adyen’s ongoing commitment to growing in Canada, Adyen is also pleased to welcome Ilona Fagyas to its leadership team as its new Head of Sales... more
Enfuce Partners with Síminn Pay to Launch Innovative Commercial Cards with Carbon Footprint Tracker
- 7 months 6 days ago
- Infrastructure
Issuer processing powerhouse Enfuce today announces a groundbreaking partnership with Síminn Pay, the fintech arm of Síminn, the largest telecom service provider in Iceland. Enfuce is launching a new, virtual commercial card programme for Síminn Pay, equipped with a CO2 calculator by climate action platform Deedster, to help its commercial clients reduce their carbon footprints.
Thredd Collaborates with Discover® to Expand Network Access
- 7 months 1 week ago
- Infrastructure
Thredd, a rapidly expanding next-generation global payments platform, today announced on the Money20/20 Europe stage its collaboration with Discover Global Network. This strategic development is in direct response to demand from Thredd’s client base who are looking for flexibility when creating new card programmes, particularly for those who need the option for cross-border card issuance.
Bank of England Unveils King Charles III Banknotes
- 7 months 1 week ago
- Infrastructure
Banknotes bearing King Charles III's portrait will debut on June 5, 2024. They'll retain the current designs of all denominations (£5, £10, £20, and £50), with no alterations except for the addition of the new portrait.
Rapid Finance Enhances Lynx Platform with Cloud-Based Rules Engine to Enhance SMB Lending
- 7 months 1 week ago
- Infrastructure
Rapid Finance, a leading small business banking platform specializing in providing customized financing solutions, announced today the availability of its cloud-based rules engine as part of its recently enhanced, award-winning AI fraud detection platform, Lynx.
Cogo Urges Banks to Join the Climate Race
- 7 months 1 week ago
- Infrastructure
The rate of climate change since the mid-20th century is unprecedented. This rate of change is even more rapid recently, with the decade between 2011-2020 being the hottest on record. However, as many of the world's largest banks meet at Money2020 in Europe this week, it is questionable whether banks are responding at the same necessary pace.
FinTech Industry Unites Behind Project Nemo
- 7 months 1 week ago
- Infrastructure
Today, Project Nemo announces that support from across the FinTech industry is enabling the disability inclusion initiative to exhibit at Money20/20, to bring more awareness of the need to serve the UK’s largest minority better.
Klarna Announces Profitable Start to 2024 as It Sets the Stage for a Year of Innovation and Growth
- 7 months 1 week ago
- Infrastructure
Klarna, the AI-powered global payments network and shopping assistant, today reported its Q1 2024 financial results, revealing another profitable quarter and continued growth outpacing ecommerce.
Verifone and Pennies Reach Milestone of £6 Million Raised for Charities via Micro-donations on Payment Devices
- 7 months 1 week ago
- Infrastructure
Verifone, the payments architect shaping ecosystems for in-person and online commerce experiences, and Pennies, the award-winning fintech charity working to grow and protect micro-donations, are delighted to announce they have facilitated more than £6 million in charitable donations since first partnering in 2011.
Moneyhub Launches New Carbon Counter API ‘Recipe’, Unlocking the Ability to Give Customers an Overview of the Carbon Footprint of Their Financial Transactions
- 7 months 1 week ago
- Infrastructure
Moneyhub, the market-leading data and payments platform, has partnered with leading carbon measurement companies to launch its latest API ‘Recipe’, Carbon Counter, empowering businesses to deliver real-life insights to their customers into the environmental impact of their financial behaviours. The Recipe combines Moneyhub’s Open Banking and Open Finance API connections to ensure plugging into existing systems and solutions is quick, easy and... more
Fast-Growing Fintech Carmoola Joins Zuto Marketplace to Reach Even More Car Buyers
- 7 months 2 weeks ago
- Infrastructure
Carmoola, the car finance fintech, has widened access to its lending products by joining Zuto’s marketplace of trusted lenders. The partnership will enable Carmoola to reach customers on multiple channels via the Zuto platform.
HPS Expands Global Reach and Capabilities in Digital Banking and Payment Software with Acquisition of CR2 Limited
- 7 months 2 weeks ago
- Infrastructure
HPS, a leading global provider of payment software and solutions, is pleased to announce that it has agreed to acquire CR2, a prominent digital banking and payments software company headquartered in Dublin, Ireland.
