FINBOURNE Partners with Kreos Capital, Securing a £30 Million Debt Facility to Fuel Future Growth Plans
- 3 years 6 months ago
- Fundraising News
FINBOURNE Technology today announces its partnership with market-leading debt provider, Kreos Capital, to secure up to a £30 million debt facility. The funding forms an extension to FINBOURNE’s Series A round (April 2021).
Tracxn Releases its Fintech UK Report: Total Funding into Fintech Startups falls by 13% in 2022
- 3 years 6 months ago
- FinTech StartUps
Tracxn, a leading global SaaS-based market intelligence platform, has released its Fintech UK Report. The report, based on Tracxn’s extensive database, provides insights into the UK’s Fintech space. The UK has been one of the top Fintech centres and has even been dubbed the global Fintech capital. In terms of startup funding, Fintech is the leading segment in the country.
IDEX Biometrics, Sentry Enterprises, and Infineon to Launch Biometric Access and Cold Wallet Card Solutions
- 3 years 6 months ago
- P-Cards
Sentry Enterprises has selected the IDEX Biometrics sensor solution and the SLC38 chip from Infineon Technologies to power their next-generation biometric identity platform. Sentry is the creator and maker of the SentryCardTM, a private biometric identity and security solution that operates at the edge, and the soon-to-be-released Sentinel biometric cold storage crypto wallet. The Sentry platform and capabilities compete horizontally across all...
Intellect Global Transaction Banking (iGTB) Identified as a Leader and ‘Best in Class’ Payment Platform Provider in Aite Payments Hub Matrix
- 3 years 6 months ago
- Payments
Intellect Global Transaction Banking (iGTB), the transaction banking arm of Intellect Design Arena, a cloud-native, future-ready, new-gen multi-product FinTech company for the world’s leading financial and insurance institutions, has been named as a leader and ‘Best in Class’ Payments platform by Aite-Novarica Group in a report that evaluates the overall competitive position of payments technology providers, focusing on stability, client...
Infibeam Avenues Ltd’s Payment Brand – CCAvenue Becomes India’s FIRST Payment Gateway Player to Process CBDC Transactions for Online Retail Payments
- 3 years 6 months ago
- Payments
Infibeam Avenues Ltd’s flagship brand -- CCAvenue, has become India’s FIRST payment gateway player to process Central Bank Digital Currency (CBDC) or Digital Rupee transactions for online retail merchants, among payment gateway players. It is an industry first where CCAvenue, has facilitated CBDC online transactions for one of India’s leading private sector banks, by processing their CBDC transaction, with an aim to strengthen India’s digital...
23 Million Adults Apply or Consider Applying for Financial Services Products Every Year
- 3 years 6 months ago
- Personal Finance
New research from Freedom Finance, one of the UK’s leading digital lending marketplaces, reveals the scale of demand for financial services products as more than two in five (43%) of UK adults – or around 23 million people – either considered or applied for at least one financial services product in the past year.
docStribute Partners with Penrith Building Society to Create a Sustainable Communication Platform for Members
- 3 years 6 months ago
- RegTech
London-based RegTech startup docStribute has joined forces with Penrith Building Society to make their best-in-class DLT solutions available to Penrith members.
ID-Pal Partners with Keystone Property Finance to Streamline the Client Onboarding Process for Mortgage Brokers and Borrowers
- 3 years 6 months ago
- Digital Identity
Global identity verification provider ID-Pal today announced a partnership with specialist buy-to-let lender Keystone Property Finance to enhance their digital onboarding process for both mortgage brokers and borrowers.
Bibby Financial Services Appoints Martin King to Head-up Corporate Sales and Partnership Strategy
- 3 years 6 months ago
- People Moves
The UK’s largest independent invoice finance provider, Bibby Financial Services (“BFS”) has appointed Martin King as Head of Corporate Sales, Strategy and Partnerships as it continues to grow its support for SMEs and advisors throughout the UK.
Kani Payments Strengthens Senior Team With New Chief Commercial Officer After Doubling Profits In 2022
- 3 years 6 months ago
- People Moves
Kani Payments, the global data reconciliation and reporting platform, today announces the appointment of Marc McCarthy as its new Chief Commercial Officer, following an exceptionally strong growth phase for the company, which saw them double profits in 2022.
Worldline Signs a Multi-year Deal with ING
- 3 years 6 months ago
- Banking
Worldline, a global leader in payments services, announces the extension of a partnership with ING Bank N.V., the Dutch international bank. Worldline will handle debit and credit card issuing and processing for ING across multiple countries, based on the signed agreement for multi-year period.
Globaleye Launches New Digital Platform to Revolutionize Wealth Management in UAE
- 3 years 6 months ago
- Wealth Management
International independent wealth advisory firm, Globaleye, today launched a new hybrid wealth management solution, offering both – digital-only and hybrid wealth advice. Globaleye 3.0 will address a gap within the region for efficient, highly personal, digital advice.
ADDX Lists Global Macro Hedge Fund Asia Genesis by Top Veteran Trader
- 3 years 6 months ago
- Trading Systems
Private market exchange ADDX has listed a global macro hedge fund by Chua Soon Hock, the Chief Investment Officer and fund manager behind the famed Japan Macro Fund (“JMF”).
Alipay and AlipayHK Cross-border Transactions Rebound During Chinese New Year as Travels Resume
- 3 years 6 months ago
- Payments
China’s outbound and inbound travels showed fast and resilient rebounds during the recent long holiday to commence the year of the Rabbit, as witnessed by the strong growth of popular cross-border digital payments. Between January 21 and 26, the year-on-year growth of outbound transaction volumes by Alipay users has surged by 150%, with the Hong Kong and Macao S.A.R.s being the most popular destinations for mainland consumers, based on the...
Five Priorities for Optimum Insurance Product Strategy & Profitable Growth
- 3 years 6 months ago
- Insurance
Cheaper, quicker, better the demands of an increasingly price-sensitive customer base are growing every year. Insurance products must be affordable, easy to purchase and offer value beyond simple protection if they are to attract the modern customer, but how can carriers achieve this whilst maintaining profitability? To answer this question, Reuters Events put together a quick 10-minute read on what's hot in product design and the implications...
