Nuvei Agrees to Acquire Licensed Payment Institution in Brazil
- 5 months 1 week ago
- Payments
Nuvei Corporation, the Canadian fintech company, today announces that it has entered into a definitive agreement to acquire Pay2All Instituição de Pagamento Ltda. a licensed Payment Institution authorized by the Central Bank of Brazil. This strategic milestone is expected to enhance Nuvei's capabilities in the Brazilian market and reinforces its commitment to the Latin American region.
Banking and Financial Services Taskforce Delivers SME Action Plan to Boost UK Economic Growth
- 5 months 1 week ago
- Banking
The SME Finance Taskforce, a group of leading banks, alternative lenders, fintechs, accountancy software providers, payment schemes, credit reference agencies and industry bodies, has developed an action plan to energise the UK economy. The plan will speed up lending and access to finance for 5.5 million SMEs, which employ 60% of the private-sector workforce and deliver over 50% of UK economic turnover.
Overstretched Britain: One in Four Have Fallen into Troubling Financial Behaviours
- 5 months 1 week ago
- Personal Finance
More than a quarter (27%) of the UK public has fallen into troubling patterns with their finances, with many having engaged in risky financial behaviour over the last year, according to new research from Moneyhub.
FinTech Connect 2024
- 5 months 1 week ago
- FinTech StartUps
The Global FinTech Ecosystem. Connected. Join us as FinTech Connect welcomes world leading Fintechs, Financial Institutions, Challenger Banks, Merchants, Scale-Ups and StartUps, Investors, Accelerators and Media to the ExCeL, London on the 4th-5th of December.
ThinCats Secures £75m Mezzanine Funding From CPP Investments
- 5 months 1 week ago
- Fundraising News
The facility is the latest line of funding secured by ThinCats and reflects the credit quality of the UK mid-sized businesses ThinCats targets its lending. CPP Investments’ funding forms part of the £700m private warehouse launched in September 2023. That facility was one of the largest, dedicated funding lines with a non-bank lender for mid-market SMEs and currently has deployed £440m.
Lloyds Banking Group Appoints Rohit Dhawan as Group Director of AI and Advanced Analytics
- 5 months 1 week ago
- People Moves
Lloyds Banking Group has appointed Rohit Dhawan as Director of AI. He will report to Ranil Boteju, the Group’s Chief Data and Analytics Officer.
Fingerprint Cards AB (publ) Appoints David Eastaugh as Chief Strategy and Technology Officer
- 5 months 1 week ago
- People Moves
Fingerprint Cards AB (Fingerprints) today announced the appointment of David Eastaugh as the company’s Chief Strategy and Technology Officer. He will assume his position on August 19, 2024.
Trust Payments Accelerates Past £1bn+ Milestone in Monthly Processing Volumes Thanks to Diversified Portfolio
- 5 months 1 week ago
- Payments
Trust Payments, a global leader in customer commerce solutions, has surpassed the £1bn+ milestone in monthly processing volumes for the first time in its five-year history. The company reached over £1bn+ volume in July 2024, driven by the company’s diversified technology portfolio spanning payments, commerce and data.
Missouri Central Credit Union Selects Bankjoy’s Award-Winning Digital Banking Platform & Online Account Opening Solution
- 5 months 1 week ago
- Digital banking
Missouri Central Credit Union has chosen US-based banking tech vendor Bankjoy to upgrade its digital banking capabilities. The credit union will utilise Bankjoy’s digital banking platform to boost digital engagement and improve the digital experience for customers, and will also deploy the company’s Online Account Opening solution in a push to acquire and onboard new members.
Thredd Adds Brian Kieley as Chief Client Officer to Drive Further Client Programme Success
- 5 months 1 week ago
- People Moves
Thredd, the global next-generation payments platform, today announced that Brian Kieley has joined the organisation as Chief Client Officer effective immediately. Kieley will lead the client success function globally, including teams across the UK, Europe, APAC and U.S. regions.
Chase and DoorDash Announce Expansion of Partnership to Include New Grocery Benefits for Chase Sapphire and Other Consumer Branded Cards
- 5 months 1 week ago
- Banking
Chase, the largest credit card issuer in the U.S., announced an extension and expansion of its partnership with DoorDash, the premier local commerce platform. Starting today, Chase Sapphire and other eligible Chase cardmembers will receive recurring benefits on orders from grocery, convenience, and non-restaurant stores on DoorDash.
iLex Raises $7M to Expand Next-Gen Loan Distribution Solutions
- 5 months 1 week ago
- Fundraising News
iLex, a leading fintech developing the next-generation distribution platform for syndicated loans, today announced the addition of $2.5 million to its pre-Series A round. This brings iLex’s total pre-Series A round to $7 million and total capital raised to date to $11 million. The investment will be used to advance its product roadmap, including the launch of a new primary syndication solution, and accelerate platform adoption in EMEA and APAC.
Tallinn Fintech Mifundo Lands €2.5 Million for Cross-Border Lending Revolution
- 5 months 1 week ago
- Fundraising News
Estonian fintech Mifundo has made history by becoming the first fintech to receive full funding from the European Innovation Council (EIC) Accelerator, securing €2.5 million in grants and investment.
Vilnius-Based BoBo Secures €6.5 Million for Instant Large-Scale Cross-Border Transactions
- 5 months 1 week ago
- Fundraising News
Bourgeois Boheme, a fintech company targeting the next generation of successful entrepreneurs, has closed a €6.5 million seed round led by Graphit Lifestyle.
TreviPay’s Joel Campbell Named ‘CFO of the Year’ by Kansas City Business Journal
- 5 months 1 week ago
- Data
TreviPay Chief Financial Officer Joel Campbell has been named as the 2024 CFO of the Year by the Kansas City Business Journal. The annual CFO of the Year award program recognizes financial professionals in the Kansas City region for outstanding performance in their roles as corporate financial stewards. The winners will be honored during an awards event today at Loews Kansas City Hotel.
