GoCardless Joins Tech Unicorns as It Secures USD312 Million to Accelerate Growth in Open Banking
- 3 years 4 months ago
- Open Banking, Payments, Banking
New investment by Permira’s Growth Opportunities fund and BlackRock Private Equity Partners values GoCardless at USD2.1 billion Investment follows a fast start in open banking and will be used to double down on account-to-account payments and build a global ‘bank pay’ network to rival cards
Nordigen Joins Forces With Simbase in Pursuit of Prompt, Automated Accounting Processes
- 3 years 4 months ago
- Open Banking
Freemium open banking platform,
Open Banking Could Save Sme Online Retailers Over £19,000 a Month in Transaction Fee Savings, According to New Report
- 3 years 4 months ago
- Open Banking
SME retailers currently spend £22k on average a month on transaction fees Open Banking technology could reduce these fees by 90%, according to new research from Yolt Other innovations for UK retailers include instant refunds and fraud reduction
TrueLayer expands into Sweden Appointing Karl Hagner as Country Manager
- 3 years 4 months ago
- Open Banking, People Moves
TrueLayer, Europe’s leading open banking platform, today announces its expansion into Sweden with the appointment of former Adyen executive Karl Hagner as its Country Manager. A highly experienced commercial manager, with a focus on payments in ecommerce, Stockholm-based Karl will define and manage commercial strategy in the country, alongside TrueLayer’s Chief Revenue Officer Max Emilson.
Open Banking Remains Top Priority for UK Banks, Yapily Data Reveals
- 3 years 4 months ago
- Open Banking
Today, new data released by Yapily — the leading open banking infrastructure provider — reveals that UK banks have continued to invest in open banking technology as user adoption grows. The data, which analyses the average open banking API response times across 10 of the UK’s top traditional banks, reveals that 100% have improved their response speed between 2020 and 2021, in some cases by up to 37%.
Subaio Chooses Open Banking Firm Aiia to Automate Creditworthiness for Financial Institutions
- 3 years 4 months ago
- Open Banking, Payments
Today, Subaio chose European open banking leader, Aiia, a Mastercard company, to enable a smarter way for assessing creditworthiness through Subaio’s new whitelabel offering. With access to open banking, the solution will help financial institutions, banks, leasing companies and more assess consumers’ creditworthiness automatically.
Ayoconnect Raises $15m Series B to Scale Indonesia’s Largest Open Finance Api Platform
- 3 years 4 months ago
- Fundraising News, Open Banking, Payments
Tiger Global led the heavily oversubscribed round, joined by PayU and Alto Partners Ayoconnect is Indonesia’s leading open finance platform with more than 4,000 embedded finance products and 500 million annual API hits More than 200 customers use Ayoconnect’s APIs, serving some of the largest financial institutions, tech unicorns, and traditional companies as well new and up-and-coming startups
Nubank Appoints ex-Tink UK Head Rafa Plantier
- 3 years 4 months ago
- Open Banking, Banking
Digital bank Nubank has hired Rafa Plantier from Open Banking platform Tink as head of strategy and business development. Plantier confirmed that he will continue to be based in London in his new role at Brazil’s Nubank. In a LinkedIn post, Plantier wrote: “I’m thrilled to be joining Nubank as head of strategy and business development – leading an incredibly talented group of people spread across all of its business units and supporting its long... more
Tink Appoints Tom Pope as New UK Head
- 3 years 4 months ago
- Open Banking, People Moves
Tink, Europe’s leading open banking platform, has appointed Tom Pope to lead its UK office. Joining Tink in June 2021 as Head of Payments and Platforms, Tom will now lead both the London office and the global payments business for the open banking platform. Prior to Joining Tink, Tom ran product strategy and new product management for FIS and was Head of Growth and Commercialisation for Worldpay.
TrueLayer Expands Its Open Banking Platform to Austria, Belgium, Denmark, Finland and Portugal
- 3 years 4 months ago
- Open Banking, Payments
TrueLayer, Europe’s leading open banking platform, today announced further expansion of its connectivity, adding Austria, Belgium, Denmark, Finland and Portugal, for open banking data (AIS) and payments (PIS). It has also increased connectivity in existing markets including the Netherlands and Spain, and as a result, added hundreds of new banks across a total of 16 European markets.
Tuum Announces €15 Million Series a Round, Amid Shift in How Banks Approach Core Banking Transformation
- 3 years 4 months ago
- Fundraising News, Open Banking
The funding round will enable the next-generation core banking platform – formerly known as Modularbank - to continue investing in product innovation, strengthen its EU and UK presence, and prepare for expansion outside of Europe
Doconomy and Salt Edge: Merging Impact Tech and Open Banking for a Sustainable Future
- 3 years 4 months ago
- Open Banking
Doconomy, a Swedish world-leading impact tech provider for banks, SMEs, and corporates, joined forces with Salt Edge, a leader in offering open banking solutions, to use data aggregation and transaction categorisation services to speed up introduction of climate functionality to the European market.
Tink Launches 'income Check' in the UK to Simplify Income Verification
- 3 years 4 months ago
- Open Banking
The solution enables businesses to use real-time current account data to verify income in minutes rather than days. Through open banking technology, incoming payments are categorised to give a clear view of income streams over more than 12 months The UK launch follows the successful rollout of Tink’s Income Check in seven European countries
