Company recognised as a transparent and reliable vendor that supports security operations aligned with XDR’s vision

ThreatQuotient™, a leading security operations platform innovator, today announced that Frost & Sullivan has presented ThreatQuotient with the 2021 Best Practices Competitive Strategy Leadership Award for excelling in Extended Detection and Response (XDR). Frost & Sullivan strictly reserves this recognition for companies at the forefront of innovation and growth in their respective industries and believes that ThreatQuotient will emerge as a transparent and reliable vendor that supports security operations aligned with XDR’s vision.

ThreatQuotient’s security operations platform, ThreatQ, takes a data-driven approach to simplifying detection and response through high fidelity data management capabilities and near-endless integration options and capabilities. ThreatQ’s open integration architecture empowers customers to embrace XDR by fusing together disparate data sources, systems and teams through its innovative DataLinq Engine™. This adaptive engine imports and correlates external and internal data; curates and analyses data for decision making and action; and exports a prioritised data flow across the infrastructure for accelerated detection and response.

“ThreatQuotient is proud to be recognised by Frost & Sullivan as a leader in the XDR market,” said John Czupak, President and CEO, ThreatQuotient. “XDR is generating a tremendous deal of interest from security operations professionals and is becoming one of the most discussed topics in the cybersecurity industry. We approach XDR differently, as a destination towards which the market is evolving, not necessarily as a silver bullet solution. ThreatQuotient’s platform supports a wide range of use cases, from threat detection, investigation and response, making security operations more efficient and effective.”

Frost & Sullivan’s extensive and ongoing analysis on the XDR space, coupled with stringent award criteria, identified ThreatQuotient as a leading vendor-agnostic solution that aggregates data from a wide range of security controls (e.g., endpoint, cloud, network), enabling security teams to detect, investigate, and respond to threats in a faster and more holistic manner. ThreatQuotient earned the 2021 Frost & Sullivan Global Competitive Strategy Leadership Award in XDR for strong overall performance in all categories: strategy effectiveness and execution, competitive differentiation, executive team alignment, stakeholder integration, price and performance value, customer purchase and ownership experience, and customer service experience.

Mikita Hanets, Frost & Sullivan industry analyst, added, “In contrast to most early XDR offerings, the ThreatQ Platform enables security operations teams to ingest data from a wide array of security controls, whether they are from a single vendor or multiple providers. The company has an extensive list of out-of-the-box integrations that allow ThreatQuotient’s customers to start benefiting from those partnerships in a matter of minutes.”

According to the Frost & Sullivan award write-up, ThreatQuotient’s security operations platform already outperforms most early XDR offerings by enabling the correlation of threat data, integrating with a wide range of third-party solutions, and taking a data-driven approach to automation. Positioned as a company that will power the industry evolution towards the XDR vision, this recognition comes on the heels of two major product updates announced in 2021

What does it take to be successful in business? Why do some people succeed in business, while others stutter, stumble and fail? Successful entrepreneurs come in all forms, shapes and sizes. They don’t particularly fall into any specific categories that make them special. That’s why a healthy, strong and positive mindset is the most powerful asset a business owner will ever have. Successful entrepreneurs will always find a way to beat their inner demons so they can thrive.

Simac Konkader, expert business coach at ActionCOACH Slough, spent 20 years of his career in corporate consultancy, transforming teams and implementing effective systems. He is now passionate about paying back to others in his community. In April 2021, he launched ActionCOACH Slough, providing business coaching to those from Slough to Belsize and the surrounding areas. Simac has recognised the potential when teams are coached to be at their very best and is determined to make his own mark on the prosperity of local business.

Simac wants to share the top 5 demons business owners face and how they can overcome them:

Fear – Fear exists because of failure. The less we know about the outcome of something, the more afraid we are. That’s why the fear of failure is the biggest fear of all when it comes to starting a business or when you are in the middle of a major challenge in a well-established business. Successful entrepreneurs get afraid, but they don’t let the fear stop them. When you’re bold and take positive action in the face of fear, you put yourself in control of the situation and fear will almost always take a backseat. Ever heard “if you fail to plan, you plan to fail”? Setting goals and planning can help to stave off your fears.

Perfectionism – When it comes to business and entrepreneurship, getting started is always better than being perfect. Most people want to have all boxes ticked before they start a business. They want to raise enough capital to rent an office, hire staff and build a great looking website. They want to start at the perfect time and want to start big, or not start at all. There will never be a perfect time to start a business – the key to defeating perfection is to start where you are, use what you have and do what you can.

Lack of belief – You must have a strong and positive mindset to survive the stormy seas of business ownership. A strong belief in the vision and potential of your business is one of the key things investors will look for before they invest their money, while customers will look at whether your values fit with theirs before buying from you. Set out your vision, mission and values for your business from the outset and let them guide you on your path to growth.

Procrastination – Procrastination will rob you of a resource that you can never replace - time lost can never be regained. Procrastination makes you feel like you have a lot of time, which is why we continue to delay, defer, postpone and avoid taking action on our business dreams. There are two main reasons for procrastination – we are afraid to take action and we are stuck in our comfort zone. Because we don’t want to confront our fears, we simply avoid the decision or action and push it forward into the future. The key to defeating procrastination is to always have a sense of urgency. If you have a non-negotiable goal, you can avoid procrastination.

Indecisiveness – Often business owners will put off making tough decisions. The best way to deal with tough decisions is to seek advice from a trusted advisor (who’s also an expert in your area), review your options and then listen to your ‘gut’ to make your move. Once you’ve made your educated decision, move on it as quickly as possible with complete confidence. You won’t always make the right decisions, but you can have peace of mind knowing you made the best decision possible with the information you had available. The life of a business owner can be a lonely one without a mentor or coach as a trusted sounding board.

Synechron Inc., a leading digital consulting firm for financial services, is expanding its Insurance Service practice as it announces the successful certification of more than 105 individuals across their US and India locations in the Retirement Plan Fundamentals (RPF) educational program. Offered by the American Society of Pension Professionals & Actuaries (ASPPA), the preeminent national organization for retirement plan professionals, this RPF certification reinforces Synechron’s capabilities in Retirement Plan Platform services, strengthening their already impressive BFSI credentials and reaffirming their commitment to building capabilities and talent.

With their cutting-edge InsurTech accelerators and the recently announced partnership with Unqork, Synechron is well on its way to accelerate digital initiatives for Insurance services. These RPF certifications allow Synechron professionals to further nuance their expertise in the end-to-end retirement plan market, its plan administrative processes, requirements, intricacies, and best practices. To develop deep domain knowledge across the technical spectrum, Synechron has ensured that the certification covers business analysts, technical delivery leads, developers, project managers, quality assurance analysts, as well as solution and technical architects within their insurance services practices. This specialized knowledge combined with professional development and industry standard certification perfectly aligns with Synechron’s major focus on upskilling its teams and investing in talent.

In addition to enhancing Synechron’s insurance industry domain knowledge and expertise, these milestone achievements will certainly reap manifold benefits for their impressive array of insurance business clients. Following its early successes, Synechron has made the RPF course and certification mandatory for all new hires within the insurance solutions business.

The professional RPF certification process follows an intensive educational track that includes six rigorous modules focusing on the fundamentals of the retirement industry. The training covers topics ranging from the Lifecycle of a Plan, Contributions, Distributions and Loans to Testing and New Business. This self-paced professional learning track is taught through downloadable study guides, online interactive practice activities and resources, along with separate module assessments.

Remarkably, Synechron has achieved this rare feat of RPF Certification for a 100+ individuals within a six-month time frame. This is testament to Synechron’s commitment to providing best-in-class insurance solutions, forming key alliances and partnerships with top digital-first insurance industry technology providers, continuing to attract and upskill top technology talent, and building capabilities across all global offices.

Mihir Shah, Managing Director, Head of Europe, Middle East and APAC at Synechron said, “Synechron has a strong and growing presence in the Insurance services industry and these RPF certifications further enhance our credentials. The advantage of this having been achieved by 100+ individuals across our insurance teams is that it has enabled Synechron’s techno-functional experts to develop a very nuanced and strategic understanding of the changing insurance landscape. This is critical as it allows us to supplement our existing deep domain expertise with even more forward thinking, competitive and resilient solutions for our clients. We appreciate all of our RPF-certified professionals who continue to upskill and deliver unmatched services to our clients.” He added, “This specialized domain knowledge paves the way for our teams to innovate new retirement plan processes and provide critical solutions to insurance business challenges.”

Tiffany Hanks, Director of Education Sales at American Retirement Association said, “We are pleased to offer our RPF Certification program as an outstanding way to educate the retirement plan industry’s broad array of professional participants the fundamentals of today’s retirement plan marketplace. We are equally delighted that Synechron has seen the value in our program and chosen to include that as part of its focus on upskilling its technical talent teams.” She added, “The availability of this program as part of a well-rounded educational curriculum is an essential element of our commitment to develop educational initiatives that meet the need for deeper and broader knowledge opportunities for retirement plan professionals in this complex field, no matter their career ambitions.”  

Currencycloud, the experts simplifying business in a multi-currency world, announced today the appointment of Mark Ledsham as the firm’s new Chief Operations Officer (COO), and Neil Drennan as its new Chief Technology Officer (CTO).  

Previously CEO of XE.com, Ledsham will take responsibility for scaling the global payment company’s underlying compliance and payment infrastructure as the firm continues to grow internationally. Previously CTO at 10X Future Technologies, Drennan has also held roles at BBC Worldwide, Amazon and Virgin Media. He will take on responsibility for the build and development for Currencycloud’s platform and supporting technology solutions. 

Ledsham said of the move: “I’m joining Currencycloud at an incredibly exciting stage in its growth trajectory. This made for a compelling opportunity: to work alongside the best in the business, serving many of the most important fintech and financial services companies in the world. I’m very much looking forward to working with the existing leadership team to build upon a truly global, industry-leading proposition”.   

A veteran business leader across financial services and technology, Ledsham joins Currencycloud from XE.com where he was CEO. Prior to joining XE.com, Mark held senior roles at international payment Fintech OFX, and financial services conglomerate Macquarie Group. Drennan joins from 10X Future Technologies where he was CTO, where he grew the engineering team to 330 from 80, and built a cloud native platform architecture using similar methods as we do at Currencycloud. 

Drennan commented on his new role: “Currencycloud has changed the face of cross-border payments using technology to deliver faster, more transparent and cost-effective solutions for its clients. I am looking forward to working with, and growing, the existing team to continue being at the forefront of the industry.”  

Mike Laven, Currencycloud CEO, said: “Mark and Neil are top-quality talent and we’re extremely pleased to welcome them aboard. These new roles will allow the business to focus on key areas of development as we aim to continue our ambitious growth plans.” 

Drennan’s role will allow Stuart Bailey to turn his attentions to accelerating product development as he takes on the focused role of Chief Product Officer (CPO). 

These senior appointments are the latest in a flurry of growth stories from the firm; the company has hired 100 new employees in the past 12 months and secured 100 new clients in the first half of the year, recently announced a brand refresh, launched a free 12-month start-up accelerator programme - the Bold Academy, and opened a new office in Singapore. The business also saw global monthly transaction volume grow to over $4bn in the first half of 2021: it has now processed over $100bn in transactions around the world since it was founded in 2012. Despite the impacts of the pandemic, the firm also saw 65% growth in revenue in H1 2021 compared to the same period last year.  

Acuant will provide KYC and Identity Verification tech for seamless, compliant financial solutions

Acuant, the leading global Trusted Identity Platform for fraud prevention and AML compliance, today announced a new partnership with Finaptic, Canada’s only end-to-end, white-label Banking-as-a-Service (BaaS) provider. As the company quickly expands, Finaptic will leverage Acuant’s fully automated technology for Onboarding with Know Your Customer (KYC) and Document Verification to meet Anti-Money Laundering (AML) regulation and compliance standards.

Finaptic is a leading end-to-end banking-as-a-service (BaaS) provider that combines the power of a traditional banking platform with the flexibility of a modern technology stack to create better customer experiences. Located in Canada, Finaptic’s platform allows companies across all major industries to easily offer value-added, fully compliant banking products to their customers and build brand loyalty. Real time, event-driven technology allows its partners to embed a full-range of banking products into their own branded user experiences.

“At Finaptic, our purpose-built platform incorporates cybersecurity, regulatory compliance and data privacy by design, bringing the trust and security which Canadians expect in banking. Our modern, flexible platform is designed to deliver the next generation of banking experiences through the client’s preferred distribution point,” said David Furlong, co-founder and CEO of Finaptic. “We are very pleased to announce this partnership with Acuant; leveraging Acuant’s technology allows us to securely onboard clients remotely while seamlessly meeting compliance needs.”

To provide Finaptic’s partners the most trusted customer experience, Acuant is collaborating with Finaptic to provide its best-of-breed technologies customized to their use case and level of risk. Finaptic is leveraging Acuant’s fully automated KYC and Identity Verification for fast, secure and robust identity proofing.

“We are excited to partner with Finaptic and provide exactly what they are looking for,” said Yossi Zekri, President and CEO at Acuant. “They value the strength of our platform and that they are able to customize solutions to meet their individual use cases, all while being managed via a single API and a single contract. We look forward to their continued growth and success as their trusted partner.”

·         In its first year after becoming a digital “lifestyle” community, imagin has received more than 500,000 new users.

·         According to Smartme Analytics data, imagin is the leading digital financial services app among major neobanks and fintech companies.

·         The community has strengthened its commitment to sustainability through imaginPlanet: the “imaginers” have managed to offset 50 tons in CO2, collect 200 kilograms of plastics, and add 40,000 people to the cause of saving on food waste.

imagin, the digital services and lifestyle platform driven by CaixaBank, Spain´s leading retail bank, has celebrated its first anniversary since its launch as a new digital community concept, adding more than 500,000 new users and reaching a total balance of 3.1 million imaginers. This represents a growth rate at new highs of 20% in a single year. In the band of users over 18 years of age, specifically, growth during this first year has reached over 30%.

This data strengthens imagin's leadership as a digital financial services player. In its first year after the new app was launched to market, the platform ranks as a leader among the top neobanks and fintech companies, with a 15.2% share of active users and a score of 83 out of 100 for mobile performance in the neobanking sector in Spain, as the latest Smartme Analytics study shows. Smartme Analytics Mobile Performance Index monitors financial application usage and values performance on the basis of variables such as number of active users, daily usage time, interaction, and exclusive use frequency.

As well as growing in new users, imagin has also increased the loyalty of those who were already imaginers. During the last year, upwards of 60% of imagin users enter the app more than 3 times a week. A significant figure of volume of activity is the 23 million app accesses recorded in July 2021 in a single month, marking an all-time record of use of the app. At the operational level, use of Bizum through imagin has doubled in the last year, with an average of 4.2 million transactions per month, and mobile payment has catapulted 400% compared to 2020.

According to data from imagin, the most common customer profile is that of a young person with an average of 26 years of age, residing in a large city and operating in a digital environment. At the regional level, 32% of connections to the imagin app are made from the Community of Madrid and 29% from Catalonia.

imagin’s growth comes in response to the user loyalty boosting strategy arising from the creation of digital, financial and non-financial services, which, unlike traditional banking, do not necessarily involve somebody registering as a banking customer. During the past year, a plethora of digital content and services has been launched on the platform that have attracted a great deal of interest among the imaginer community, based on five major subject areas: sustainability (imaginPlanet), music (imaginMusic), video games (imaginGames), trends (imaginCafé) and technology (imaginShop).

Solid commitment to sustainability

Among the imaginer community, sustainability is one of the fields that kindles the most interest, interaction and involvement of users. Through imaginPlanet, this year, imagin has implemented a full line of sustainability-based products, services, agreements and initiatives that create a positive impact for the planet and society as a whole. As a result of such actions, imaginPlanet has succeeded in boosting tree plantations to offset upwards of 60 tons of CO2, collecting 200 kilograms of plastics and more than 40,000 imaginers have joined in saving on food waste through the partnership with “Too Good To Go”.

Initiatives in this area this year include the success of the imaginPlanet Challenge, the programme of entrepreneurship ideas to combat climate change, featuring over 700 participants, and two projects, eCoDeliver and Kidalos, which seek boost the sustainability of the parcel carrier sector and the consumption of toys, respectively.

This commitment to sustainability, which is part of imagin's strategy and is conveyed to its entire business model, has earned the platform a B Corp certification in November last year. This guarantees the company's compliance with the highest standards of social and environmental performance, public transparency and corporate responsibility to balance economic benefit with social purpose.

A year of successful initiatives

Besides supporting environmental causes, one of the most important projects this year and which has had the greatest impact on the imagin community is the recent launch of imaginChangers, the program that enables imagin users to take part in digital volunteering actions through their mobile devices and support charity projects with financial donations.

In June, imaginGames, in partnership with LVP (Mediapro Group), launched the amateur eSports circuit “imagin Arena Masters”, while the imaginMusic content area held several concerts this year over streaming that have been viewed by thousands of imaginers via the digital channels.

Besides the content offering itself, thanks to its open platform business model, imagin continues to commit to incorporating third-party products and technologies through partnerships with other fintech companies and start-ups. Over the past year, imagin has reached agreements to offer its users special experiences and benefits integrated into the app with partners such as Booking, Nike, Airbnb, Hoteles.com, TUI and Zalando, among others. Furthermore, imaging has integrated start-up technologies such as Earthly into its platform to help users offset their CO2 emissions; Aplanet, as a platform for the gamification of digital volunteering actions and financial donations; and Bankify, the “Like&Share” social component that encourages imaginers' interaction with the content available in the app, as well as interaction between different community users.

Digital financial services

At the financial level, the imagin application develops digital products offered to meet the saving and financing needs of users. In all cases, imagin has the key features for the digital native public: mobile only banking (the services are provided exclusively through the app, with no branches and no website, which solely fulfils an informative purpose), with no fees for the user and its own simple and clear language, especially suited to directly communicating with young people.

The imagin offering includes two further applications according to the age of users: imaginKids (intended for children from 0 to 11 years of age and highly focused towards financial education through games), imaginTeens (designed for adolescents between 12 and 17 years of age, with contents and services intended for young people who are beginning to require solutions for their first purchases and to start out in managing their personal finances).

• 26.08.2021 -- 11:37 am

Compass Plus is passionate about payments technology and architecting it properly for the needs of today and tomorrow. From start-ups and industry disruptors to recognised innovators and market leaders, its exceptional technology puts customers in the driving seat and ultimately in control of their payment ecosystems. The company delivers ground-breaking and industry-leading products and services with uncontested ease and proven time-to-market.

Being at the forefront of the decentralized finance industry, Unicrypt has developed disruptive products that boost the security of token circulation in DeFi projects. For creating the token locking feature, it has selected Platinum Software Development Company’s engineering team. Platinum plans to transfer the EVM-compatible solidity code (kindly provided by Unicrypt) into the Rust programming language. This partnership will help them expand their range of decentralized finance services and develop highly demanded utility tools for Solana-based projects.

Rich tech experience for ground-breaking results

Companies are making a great shift towards multi-blockchain technologies and Solana is one of the most convenient and functional environments for that. This time, the Unicrypt team has decided to develop a well-thought-through token-locking mechanism on Solana. Here’s where Platinum’s engineering experience and knowledge come into play. Together, the two companies will create an advanced token-locking technology that will power multiple services.

“We are proud to have been chosen by Unicrypt for developing the token locking technology for Solana blockchain. Unicrypt is a very promising startup with great ambitions that it plans to turn into highly applicable services. This collaboration will give us deeper insight into multi-blockchain technologies. We will dedicate our time to mastering the Rust code database since it holds enormous potential for blockchain tech”, said Anton Dziatkovskii, Platinum’s co-founder.

How will this solution serve customers? With the rapid development of DeFi, there’s a large number of market-making platforms and functions appearing on the Solana blockchain. It guarantees the safety and agility that the crypto community needs so much. Unicrypt is striving to develop and present its own solution on Solana. For this purpose, it will share the Rust code base with Platinum devs.

“We are glad to present Platinum Software Development Company, the guys helping us craft the Solana-based, token-locking mechanism. Since our ultimate goal is to create a comprehensive network of Solana-based services, we are eager to share our experience and to guide our partners through the Rust programming environment. Together with Platinum, we will present features that make DeFi a safer haven for investors”, commented the Unicrypt team.

HUBUC, an embedded financial services powerhouse for B2B SaaS, has partnered with Transact Payments, the experts in cards and payments, to provide physical cards to its business clients across UK and European Economic Area (EEA) markets.

HUBUC empowers forward-looking Software-as-a-Service (SaaS) brands to make their offering more versatile by plugging into the right infrastructure to embed financial services, such as improved reconciliation, expense and supply chain management, and wage advancement. The agreement with Transact Payments enables HUBUC to now issue products such as debit and credit cards to its growing base of business clients.

The partnership comes at a time of intense interest from businesses across the UK and the EEA in embedded financial services and its capabilities, especially in SaaS sectors like accounting, employee benefits, payroll and tax management. Further interest is also being driven by large corporate clients within industries like insurance and supply chain management. Such sectors are able to leverage embedded financial products to create new methods of monetisation, offering more versatile services, as well as improving the customer experience.

From a single API, HUBUC covers all compliance needs and provides access to cutting-edge fintech and banking partners, which enables businesses to offer their customers innovative financial services, increasing customer loyalty and enhancing user experience. HUBUC also ensures the highest level of financial security, from product features such as dynamic CVV codes on cards to ongoing Anti-Money Laundering monitoring drawing on the latest machine learning techniques.

Ignacio Javierre, Co-Founder & COO, HUBUC, said: “Embedded financial services is a driving force behind innovation across many industries, especially B2B SaaS with a non-fintech core. Debit and credit cards provide plenty of opportunities when it comes to expense management and employee benefits. Transact Payments is a valuable partner which enables us to provide those services in Europe and the UK."

Aaron Carpenter CEO, TPML said: “We’re delighted to have partnered with HUBUC to provide a smooth cardholder payment service to its business clients. It comes at a time when more and more businesses are waking up to the significant benefits offered by embedded financial services, making HUBUC’s innovative platform much sought after.”

• European HQ established in Dublin due to its position as a global centre for financial services innovation, thriving technology scene and access to skilled talent.

• HQ led by former WhatsApp and Facebook Executive, Joe Morley, TrueLayer’s Vice President and General Manager for Europe and new Chief Operating Officer for Europe, Leigh-Anne Cotter.

TrueLayer, Europe’s leading open banking platform, has announced it has been authorised by the Central Bank of Ireland (CBI) as a Payments Institution and established its new European headquarters in Dublin to support its rapidly growing client base across the continent.

The expansion marks another significant milestone for TrueLayer on its mission to open up finance, building an open banking network that brings together payments, financial data and identity to redefine how people spend, save, and transact online. Its API-first platform offers more than 90% coverage of all major European markets, and accounts for more than half of all open banking traffic in the UK, Ireland and Spain, processing billions of euros in payments.

TrueLayer’s choice of Ireland for its European HQ has been in part motivated by Dublin establishing itself as a European financial services centre and strategic hub for innovation, home to around 450 financial services companies, creating a sophisticated fintech and payments ecosystem. Additionally, the CBI has a strong track record as a regulator committed to delivering quality financial authorisation and supervision. 

The European HQ is led by Joe Morley in the role of General Manager for Europe, having joined the firm earlier this year to manage the authorisation process. The former WhatsApp and Facebook executive brings extensive payments, technical and commercial knowledge, having launched and managed the business APIs for the monetisation of both platforms in EMEA. Joe is leading the European management team from Dublin for all supporting functions, in addition to the in-market country managers that the company is actively hiring for.

Joining TrueLayer as its Chief Operating Officer for Europe is Leigh-Anne Cotter, who was previously head of Commerce and Payments Operations at WhatsApp. Leigh-Anne brings significant payments experience having also been part of the leadership team at one of Ireland’s most successful international companies, Realex Payments.

“Ireland has become the EU’s fintech centre of choice with the likes of Coinbase, Stripe, Remitly, Square and our clients, including Paysafe and Payoneer being based here. We are excited to be joining them, making Dublin our home from which to accelerate our European expansion and deliver our market-leading open banking services to banks, fintech firms and ecommerce platforms across the continent,” commented Joe Morley, CEO for TrueLayer Ireland and GM Europe. “The Irish domestic market is also evolving rapidly with our clients such as Revolut having rapidly established an impressive user base, supporting consumers and businesses with open banking-based services that improve their everyday lives. The future is incredibly exciting with open banking payments replacing cards as the primary payment method at the checkout for ecommerce firms of every shape and size.”

TrueLayer has expanded its services across 12 European markets, growing payment volumes by 600x, and adding hundreds of new customers across banks, fintech firms, ecommerce, trading, wealth management and iGaming. 

Francesco Simoneachi, CEO and co-founder of TrueLayer commented: “When we began our search for a European HQ, we wanted a location that mirrored much of what made the UK such an exceptional base for us -  a strong regulator, in an established global financial services centre that embraces fintech and digital innovation. Ireland was ideal, with the CBI’s regulatory regime broadly similar to the UK, and Dublin being a thriving centre for payments and ecommerce. The city has built an incredible reputation for financial services and offers the talent across engineering, product and payments that we will need to support our ambitious growth plans. We’re only the second firm to be authorised by CBI in 2021, so I’m incredibly proud of the team that worked on the application to make our European HQ a reality.”

This expansion is TrueLayer’s latest milestone in 2021, with the company expanding globally, establishing operations in APAC with an office in Australia and launching innovative services such as PayDirect. Today, more than 10,000 developers are actively building services and applications on the TrueLayer platform.