Majority Acquisition of Pensions Fintech Cushon by NatWest Group Completes
- 2 years 9 months ago
- Personal Finance
NatWest Group has today completed its acquisition of a majority shareholding in workplace savings and pensions fintech, Cushon. In February 2023, NatWest Group agreed to acquire 85% of Cushon for £144m, with 15% retained by Cushon management. This acquisition was subsequently approved by the FCA in May.
Delta Capita Appoints George Collier as Global Head of CLM Sales
- 2 years 9 months ago
- People Moves
Delta Capita, the Financial Services division of Prytek, a leading global Capital Markets consulting, managed services and technology provider has welcomed George Collier as its new Global Head of CLM Sales. Based in London, George will be responsible for leading the CLM sales with a priority on technology-enabled sales and business development. He will be working closely with the global sales and marketing teams.
XONAI Raises $3.5M to Reduce Data Infrastructure Operational Costs at Enterprise Scale
- 2 years 9 months ago
- Fundraising News
XONAI, a cloud optimization solution helping organizations reduce data infrastructure costs, announced today it has closed $3.5 million in Seed funding.
ePay Summit Europe 2023 Ignites Innovation and Collaboration in the Payments and eCommerce Industry
- 2 years 9 months ago
- Payments
ePay Summit Europe, held in central London on 17th May 2023, marked another successful edition of the premier conference dedicated to the payments and eCommerce industry. The event, now in its third year, enables leading banking professionals, e-payment solution providers and leading retailers, to network, learn from each other, and strengthen partnerships and establish new connections.
Magic Receives $52M Strategic Funding Round led by PayPal Ventures
- 2 years 9 months ago
- Fundraising News
Magic, the leading wallet-as-a-service (WaaS) provider, today announced it has raised $52 million in a strategic funding round led by PayPal Ventures, with participation from Cherubic, Synchrony, KX, Northzone, and Volt Capital. The new round brings the total raised to more than $80M.
Vartana Announces $20M Series-B Round of Funding
- 2 years 9 months ago
- Fundraising News
Vartana, the B2B sales closing and financing platform, today announced it has raised $20M in Series B funding led by commerce & fintech growth firm Activant Capital, with participation from Mayfield and Audacious Ventures. This growth investment comes on the heels of the company’s $12M Series A round, announced in January 2023.
Quona Capital’s 2022 Impact Report Reveals Global Portfolio Companies’ Progress on United Nations Sustainable Development Goals (SDGs)
- 2 years 9 months ago
- Investment
Quona Capital, a venture capital firm investing in innovative fintech startups in emerging markets, has released its
Banking for a Greener Future – Tandem Bank Reports Transformational Year in 2022
- 2 years 9 months ago
- Banking
Tandem Bank is further cementing its position as one of the nation’s go-to banks for those looking to save, borrow and spend a little bit greener, as it reports its business performance for 2022. With a transformational year, the bank has surpassed a number of financial milestones: • Underlying operating profit of £4.5m – breaking into underlying profitability for the first time in bank’s history
Wolters Kluwer TAA Appoints Bas Kniphorst as Executive Vice President and MD
- 2 years 9 months ago
- People Moves
Wolters Kluwer Tax & Accounting (TAA), a leading global provider of software, integrated workflow solutions, and information for tax, accounting, audit, and compliance professionals, today announced the appointment of Bas Kniphorst as Executive Vice President and Managing Director for TAA Europe, effective June 1. Kniphorst was previously Vice President and Managing Director of Wolters Kluwer Legal & Regulatory (LR), Benelux.
BPC and Ellipse Partner on Integrating EVC Dynamic Security Code Technology into SmartVista to Provide Enhanced Security During E-commerce Transactions
- 2 years 9 months ago
- Payments
BPC, one of the world’s leading payment solution providers, today announced an enhanced partnership with the pioneering fintech company, Ellipse World, Inc. (Ellipse). The partnership will focus on bolstering security measures and privacy for customers by integrating EVC® (Ellipse Verification Code), Ellipse's dynamic card security code/CVV/CVC technology into BPC's acclaimed SmartVista platform to provide EVC processing services.
Tink will Embed Ecolytiq’s Solution into its Platform to Scale Sustainability Services Across Europe
- 2 years 9 months ago
- Open Banking
Tink, Europe’s leading open banking platform, and ecolytiq, a climate engagement solution, are collaborating to incorporate financial and sustainability-focused coaching into a seamless experience. By combining the power of money management tools with climate education tools, Tink will make it possible for new and existing customers to plug in sustainability-based services – with the ability to scale across markets.
Adyen Set to Free Millions in Daily Cash Flow for Customers with Faster Payout Services
- 2 years 9 months ago
- Payments
Adyen, the global financial technology platform of choice for leading businesses, today announces the launch of Payout Services. This offering enables Adyen's customers to payout acquired funds in the preferred method of their affiliated users or partners with increased velocity, and represents Adyen’s commitment to keeping their customers’ needs at the core of their product development.
Payhawk Launches New Enterprise Plan Reinventing Spend for Multinational Enterprises
- 2 years 9 months ago
- Payments
Payhawk today announced the launch of its new “Enterprise Plan”, alongside new product features and a partnership with Microsoft - a provider of leading Enterprise Resource Planning (ERP) software.
Smart Lenders Asset Management Passes the $2 Billion Lending Milestone and Strengthens its Position as European Leader in the Sector
- 2 years 9 months ago
- Asset Management
Founded by Erich Bonnet in 2014, Smart Lenders AM specialises in Crowdlending, an alternative lending model that competes with traditional banks. This model provides faster access to credit while generating considerable savings for borrowers as well as improved returns for investors.
Gen Z are Leading Payment Landscape Shift with Cash-reliant Nations Opting for Digital Alternatives
- 2 years 9 months ago
- Payments
The concept of a cashless society is becoming a reality, with digital payments becoming increasingly popular among Gen Z with Gen X following suit, says Lanistar.
