Fueled by Growth, Global Fintech Adyen’s New Office in Downtown San Francisco
- 8 months 1 week ago
- Infrastructure
Adyen, the global financial technology platform of choice for leading businesses, has signed a new sublease to a 150,000-square-foot office building at 505 Brannan Street. The lease will extend through December 2032, subject to all appropriate regulatory approvals, and Adyen’s new office will span all six floors of the building.
Rothesay Acquires £6 Billion Scottish Widows Bulk Annuity Portfolio From Lloyds Banking Group
- 8 months 1 week ago
- Infrastructure
Rothesay, the UK’s largest pensions insurance specialist, today announces that it has agreed to acquire the c.£6 billion Scottish Widows in-force bulk annuity portfolio from Lloyds Banking Group. The business to be transferred covers the pension benefits of c.42,000 people.
Tide Set to Launch in Germany
- 8 months 2 weeks ago
- Infrastructure
Tide, the UK’s leading business financial platform, is to launch in Germany, with the country becoming Tide’s second market outside of the UK, following the successful start of its operations in India in 2022.
Klarna Reveals 2023 Sustainability Progress: 25% GHG Emissions Reduction, $24.5M for Planet Health, and a Surge in Conscious Shopping
- 8 months 2 weeks ago
- Infrastructure
Klarna, the AI-powered global payments provider and shopping assistant, today announced its significant sustainability achievements from the past year. In 2023, saw a significant uptick in the use of its features that provide consumers with information about the sustainability efforts of merchants and promote conscious shopping, contributing to 4.75 million purchases from more conscious brands.
Lloyds Banking Group and Low Carbon spark 10-year Power Purchase Agreement
- 8 months 2 weeks ago
- Infrastructure
Lloyds Banking Group has signed a corporate Power Purchase Agreement (PPA) with global renewable energy company, Low Carbon.
PensionBee Announces Proposed US Expansion
- 8 months 3 weeks ago
- Infrastructure
PensionBee Group plc, a leading online pension provider, today announces it has entered into an exclusive, non-binding term sheet with a large, US-based global financial institution in order to expand into the United States of America (‘US’). The US has the world’s largest Defined Contribution pension market, representing approximately 80% of the global total and $22.5 trillion in assets.
FinTech Wales Opens the Market at the London Stock Exchange to Mark St David’s Day
- 8 months 3 weeks ago
- Infrastructure
FinTech Wales, the independent membership association and champion of the FinTech and Financial Services industry in Wales, opened the market at London Stock Exchange - on St David’s Day – March 1st, 2024.
allpay cards Joins SPICA’s Closed Loop Recycling Project to Spearhead Sustainable Card Production
- 8 months 3 weeks ago
- Infrastructure
allpay cards, a pioneering entity in card manufacturing, proudly announces its collaboration with SPICA, an industry leader in the production of high-performance recycled and virgin PVC material. As the only card manufacturers in the UK with this set-up, this partnership marks a significant stride toward fostering sustainable practices within the card production industry.
Marqeta Exceeds $1 Billion in Single Day Total Processing Volume (TPV), Representing a New Era of Scale for the Company
- 8 months 3 weeks ago
- Infrastructure
Marqeta, the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today announced that its platform processed more than $1 billion in volume in a single day for the first time, a significant new milestone for the company.
Travelex Launches New Bureau at Westfield London
- 8 months 4 weeks ago
- Infrastructure
Travelex, the global travel money services business, has launched a new bureau at Westfield London, Europe’s largest shopping centre, further expanding its distribution network into major shopping centres.
United Fintech Secures Strategic Investments from BNP Paribas and Citi
- 8 months 4 weeks ago
- Infrastructure
BNP Paribas and Citi have become the first institutional investors in United Fintech Group Limited (“United Fintech”), a neutral Digital Transformation Platform, as part of a strategic investment round led by Citi.
Finnish Digital Neobank Opens in Sweden and Raises the Interest Rates on Fixed-term Deposits to a New Level
- 9 months 2 days ago
- Infrastructure
Saldo Bank, which is starting its operations in Sweden, offers an interest rate of as much as 5% for a year's deposit. "We want to increase fairness in fixed-term deposits," says Jarkko Mäensivu, the CEO of Saldo Bank. The digital neobank with a Finnish background, Saldo Bank, will lift the interest rate competition of the fixed-term deposits to a new level in Sweden.
NatWest and Cogo Launch SME Toolkit
- 9 months 4 days ago
- Infrastructure
Cogo and NatWest have launched a new easy-to-use toolkit to help SMEs meet increasing pressure on climate reporting.
Nuvei Launches Direct Local Acquiring in Colombia
- 9 months 4 days ago
- Infrastructure
Nuvei Corporation, the Canadian fintech company, announces today that it has launched direct local acquiring capabilities in Colombia, further expanding its presence in Latin America (LATAM) and strengthening its overall footprint in the region.
MoneyHero Group Anticipates Year-Over-Year Revenue Growth of at Least 60% in Singapore and 50% in Hong Kong
- 9 months 6 days ago
- Infrastructure
MoneyHero Limited, a market-leading personal finance aggregation and comparison platform in Greater Southeast Asia, today reported that, based on a preliminary and unaudited review, the Company anticipates year-over-year revenue growth of at least 60% in Singapore and 50% in Hong Kong for January 2024.
