Klarna Hits 11 Million UK Customers as UK Revenue Soars 30% in Breakout 2024
- 1 day 4 hours ago
- Infrastructure
Klarna, the AI-powered payments and commerce network, crossed 11 million active customers and has doubled its merchant base in a year to 60,000, launching with names like Argos, eBay, Eurostar and John Lewis. The UK is now Klarna’s third-biggest market globally, with revenue up 30% in 2024 alone. It’s a major moment for the Swedish fintech giant as it cements its place in the British retail scene.
Prosper and Ideas Community Launch Partnership to Transform Entrepreneurs' Personal Finances
- 2 days 5 hours ago
- Infrastructure
Prosper, the zero-fee investment and savings platform, today announced a strategic partnership with Ideas Community, home of the UK StartUp Awards, to transform entrepreneurs' personal finances. The partnership launches with a survey of 900+ StartUp Awards 2024 finalists which reveals that while these entrepreneurs lead some of the UK's fastest-growing companies, 75% haven’t developed a more holistic approach to their wealth strategies that... more
TreasurySpring Finds Signs of ESG Retrenchment but Not Rejection in Annual Sustainable Finance Survey
- 2 days 6 hours ago
- Infrastructure
TreasurySpring, the global cash investment platform, has launched the latest iteration of its sustainable finance survey, conducted in collaboration with the London Stock Exchange [LSE] and The Association of Corporate Treasurers [ACT].
PEXA Receives FCA Approval for UK Sale & Purchase Product Launch
- 2 days 22 hours ago
- Infrastructure
PEXA, the world-leading digital property exchange platform, today announces that the Financial Conduct Authority (FCA) has approved its application to become an Authorised Payment Institution (API).
Danske Bank Partners With Position Green to Strengthen ESG Offering for Business Customers
- 3 days 1 hour ago
- Infrastructure
Even though the EU is set to make sustainability reporting requirements less comprehensive and reduce the number of companies required to report on ESG, it is still a good idea for many businesses to work strategically with ESG data and initiatives.
Finastra Launches Transformation Service to Support Multiple Messaging Standards, Including ISO 20022
- 3 days 5 hours ago
- Infrastructure
Finastra, a global provider of financial software applications, today announced the launch of its Transformation Service, supporting the translation of MT formatted messages to the new ISO 20022 MX messaging standard, among others. The Transformation Service is available to Finastra’s existing and new Financial Messaging customers looking to comply with Swift’s November 2025 deadline for the new cross-border payments and reporting plus (CBPR+)... more
Equifax UK Calls for Industry Collaboration to Tackle Financial Inclusion and Vulnerability
- 4 days 4 hours ago
- Infrastructure
Credit reference agency Equifax UK has called on the lending industry to unite in accelerating financial inclusion and tackling economic abuse, in an open letter to the industry published today. Drawing on analysis from its brand new 2025 Financial Health Report, Equifax has called for a collaborative effort to address the growing challenges facing UK consumers, including the £20bn unclaimed benefits gap, earlier debt engagement, and the spectre... more
FinMont Expands Into LATAM With New Office in Bogotá, Colombia to Support Regional Clients and Embrace Latin America’s Growing Market
- 5 days 1 hour ago
- Infrastructure
FinMont, the global payment orchestration platform purpose-built for the travel industry, is proud to announce the opening of a new office in Bogotá, Colombia. This move marks a major milestone in FinMont’s global expansion strategy, enabling the company to provide dedicated, on-the-ground support to its clients across Latin America and be an active part of the region’s fast-growing travel ecosystem.
Avaloq Opens New Office in Dubai to Drive Digital Transformation in Middle East Financial Services
- 1 week 2 days ago
- Infrastructure
Avaloq, a leader in private banking, wealth management and investment management technology, has inaugurated its new regional office in the Dubai International Financial Centre (DIFC). This strategic expansion follows the signing of InvestGB, the wealth and investment management arm of Gulf Bank, and the recent addition of another major client in the Gulf Cooperation Council (GCC) area.
PayPoint Partners with Uber and Deliveroo to Expand Digital Voucher Services for Retailers
- 1 week 2 days ago
- Infrastructure
PayPoint today announces a new partnerships with major brands, Uber and Deliveroo, to expand its digital voucher service for retail partners. The partnerships will see retailers across the PayPoint network now offering customers the option to purchase new digital vouchers.
Jarvis Releases Free Pension Tracing Tool to Help Recover Lost Funds
- 1 week 2 days ago
- Infrastructure
Jarvis, a pension fintech that empowers employees to actively plan for their retirement, has launched a free pensions tracing tool to help individuals recover lost or forgotten money from previous roles — offering a potential lifeline to the 3.3 million unclaimed pension pots in the UK.
Happy Money Named Best Lender for Paying Down Credit Cards by U.S. News & World Report
- 1 week 2 days ago
- Infrastructure
Happy Money, a leading consumer finance company, has been named a winner in the 2025 Money Awards by U.S. News & World Report, the global authority in rankings and consumer advice. The company was recognized as the “Best Lender for Paying Down Credit Cards.”
Fiserv Signs Definitive Agreement to Acquire Brazilian Fintech Money Money
- 1 week 3 days ago
- Infrastructure
Fiserv, Inc., a global leader in payments and financial technology, today announced it has entered into a definitive agreement to acquire Brazilian fintech Money Money Servicos Financeiros S.A. (“Money Money”). This transaction expands Fiserv’s services in Brazil, enabling small and medium-sized businesses (SMBs) to access capital that can be invested in the growth and maturation of their businesses.
DTCC Processes Record Volumes Across Services Amid Market Volatility
- 1 week 3 days ago
- Infrastructure
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced significant achievements in handling unprecedented market volatility, showcasing the firm’s robust technology infrastructure, resiliency, and risk management capabilities. During the recent market volatility, DTCC reached new peak values and volumes across platforms and services.
Juspay Establishes Asia Pacific Hub in Singapore
- 1 week 3 days ago
- Infrastructure
Juspay, a global leader in payment infrastructure solutions for enterprises and banks, has announced the opening of a new office in Singapore. This marks a significant milestone in the company's international expansion, reflecting its commitment to a growing customer base in Asia Pacific countries.
