Former Tesla Fintech Head Spins Off Aspiration's Consumer Financial Brand to Serve Growing Demand for Climate-Friendly Financial Products
- 8 months 2 weeks ago
- Infrastructure
In response to the growing demand for climate-friendly financial services, fintech and sustainability industry veteran Tim Newell has reached an agreement with climate finance company Aspiration Partners, Inc., to spin off Aspiration's green consumer financial services brand into a new standalone company.
Zero Circle and Epic River Launch Alliance to Accelerate Green Financing
- 8 months 2 weeks ago
- Infrastructure
Epic River and Zero Circle today unveiled an alliance to integrate their digital platforms, aiming to accelerate the process of securing green financing. This collaboration brings together Epic River's lending-as-a-service platform, which connects financial institutions with unique and local community lending opportunities, and Zero Circle's green finance marketplace, designed to streamline access to green capital for mid-tier organizations.
Nium Expands Regional Footprint in Asia; Signs Partnership MOU with Indonesian Payments Infrastructure Leader, Artajasa
- 8 months 2 weeks ago
- Infrastructure
Nium, the global leader in real-time cross-border payments, today announced it will sign a partnership Memorandum of Understanding (MOU) with Artajasa, one of Indonesia's leading payment infrastructure companies. Artajasa operates the switching services banks and fintechs use to facilitate fast, secure, and reliable electronic transactions.
BMO Launches Greener Future Financing Program to Help U.S. Businesses Build Climate Resilient Operations
- 8 months 3 weeks ago
- Infrastructure
BMO today announced the launch of its Greener Future Financing program in the United States – its first climate financing program to help small and medium-sized businesses build future-ready, climate-resilient operations.
Oracle Cloud Service Enables Banks to Manage Climate Change Risk Across Portfolios
- 8 months 3 weeks ago
- Infrastructure
Earth Day -- Financial institutions are under increased pressure from regulatory bodies to understand their environmental footprint and that of the companies they finance or invest in, otherwise known as financed emissions. To help banks better assess climate risk Oracle today announced Oracle Climate Change Analytics Cloud Service.
Klarna and Milkywire Open Global Biodiversity Fund to Other Companies
- 8 months 3 weeks ago
- Infrastructure
Klarna, the AI-powered global payments network and shopping assistant, and Milkywire, an environmental impact platform, have launched a new fund to open to tech and finance companies which want to invest directly in impactful projects to contribute to global biodiversity targets but don’t know where to start.
Beyond Banking: Tandem Bank Announces New Commitment to Local Causes
- 8 months 3 weeks ago
- Infrastructure
Tandem, the UK’s greener, digital bank has announced it has transformed its charity partnerships program in 2024 with a bold commitment to support five charities across its offices. The bank also wants to encourage genuine involvement rather than just financial support and will, therefore, provide employees two days of paid volunteering annually. It will also target 1 million minutes of volunteering by 2026. Five causes close to home,... more
Pioneering Initiative Launches to Accelerate Disability Inclusion in Fintech
- 8 months 4 weeks ago
- Infrastructure
Project Nemo, a pioneering disability inclusion initiative launches today, urging the fintech industry to better serve the UK’s largest minority and accelerate disability inclusion efforts.
BNY Mellon Collaborates with Accenture to Drive Accelerated Growth for Clients
- 8 months 4 weeks ago
- Infrastructure
BNY Mellon, the global financial services company, is collaborating with Accenture, a leading professional services company, to modernize financial services offerings with an initial focus on data management and analytics product development and delivery. The companies will use leading technologies to unleash the power of data at new speed to help their joint clients drive accelerated growth.
EQT to Sell Rimes, a Global Leader in Enterprise Data Management Solutions for the Investment Industry, to Five Arrows
- 9 months 1 day ago
- Infrastructure
EQT is pleased to announce that EQT Mid Market Europe ("EQT"), together with its co-shareholders, has agreed to sell Rimes to the Five Arrows Long Term Fund and Five Arrows Principal Investments (together "Five Arrows"). Five Arrows is the alternative assets arm of Rothschild & Co.
UK FinTech Companies See 15% Decline In Funding In Q1 2024, Hit By A Significant Decline In Seed-Stage Investments
- 9 months 1 day ago
- Infrastructure
Tracxn, a leading global SaaS-based market intelligence platform, has released its Geo Quarterly Report: UK FinTech Q1 2024. The report, based on Tracxn’s extensive database, provides insights into the UK FinTech space.
Adyen and UNICEF Launch Partnership to Accelerate Progress for Children Worldwide
- 9 months 2 days ago
- Infrastructure
Adyen, a global financial technology company, and UNICEF, announced today the launch of a global partnership, in pursuit of a shared, innovative vision to shape brighter futures for children worldwide. Rooted in a commitment to advance the Sustainable Development Goals, the partnership utilizes Ayden’s leading financial technology to provide a seamless way to generate funds at scale and accelerate progress for children everywhere.
Atom Bank and County Durham Community Foundation Launch Fund to Promote Higher Education Access in the North East
- 9 months 2 days ago
- Infrastructure
Atom bank, the UK’s first app-based bank, in partnership with the County Durham Community Foundation (the Foundation), has today launched the Atom Futures Fund. The Fund aims to encourage and support sixth form students from low-income backgrounds or those who are in the care system to apply to Russell Group universities.
Empower Enters Into an Agreement to Acquire Petal
- 9 months 3 days ago
- Infrastructure
Empower Finance, Inc. has entered into a definitive agreement to acquire Petal, a consumer credit card and financial technology company headquartered in New York, and completed its acquisition of Cashalo, a consumer credit and lending company headquartered in the Philippines. Empower is a leader in alternative credit underwriting and a pioneer in financial product innovations for underserved consumers in the U.S. and Mexico.
allpay Limited Achieves Mastercard Sustainability Badge
- 9 months 4 days ago
- Infrastructure
allpay Limited is proud to announce its attainment of the Mastercard Sustainability Badge, positioning the company at the forefront of environmentally conscious practices.
