Fintech News
The latest Fintech industry news and
The Fintech Power 50 announcements from our ecosystem.
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Form3 and Barclays has announced that it has enabled access to the SEPA Instant payment scheme for FinTechs, with Ebury as the launch client.
Form3, the leading cloud-native, payment technology provider, and Barclays, a leading provider of financial services to regulated payment institutions, have announced a combined directly connected access solution to the SEPA Instant payment scheme with Ebury as launch...
Airstar Bank Launches Pilot Trial of Virtual Banking Service
Airstar Bank Limited (“Airstar”), one of Hong Kong’s new virtual banks, today announced the launch of a pilot trial which is conducted within the Fintech Supervisory Sandbox (“FSS”) of the Hong Kong Monetary Authority (“HKMA”). The pilot trial will offer innovative...
DLA Piper advises fintech company Scivantage in its sale to Refinitiv
DLA Piper represented Scivantage, a digital wealth management technology company, in its sale to Refinitiv US LLC, a global provider of financial markets data. Scivantage’s primary solutions include digital wealth management offering Wealthsqope, a digital client...
State of the Industry: Global financial services players yet to align on key issues of collaboration, innovation and cybersecurity
Exclusive research from Barclays Corporate Banking reveals the contrasting views of nearly 2,000 financial services leaders from across the globe on the key drivers of collaboration, innovation and cybersecurity More than two-thirds of businesses identify...
Open Banking Expo prepares delegates for consumer-directed finance rollout
Open Banking Expo returns to Toronto on June 9, 2020 to prepare delegates for likely legislative action as a result of the second phase of the Government’s Open Banking consultation. The agenda is now live at https://www.openbankingexpo.com/toronto/#agenda. This...
FinTech Alliance launches Mentoring Hub to boost UK FinTech talent
FinTech Alliance has launched the latest feature on its fast-growing platform: the FinTech Alliance Mentoring Hub. The hub aims to connect leaders in the financial services and technology fields with budding entrepreneurs and those hoping to move up the career...
2019 Women in FinTech Powerlist
Innovate Finance, the independent industry body that represents and advances the global FinTech community in the UK, today published its Women FinTech Powerlist. Launched in 2015, the Women in FinTech Powerlist has increasingly attracted a global audience, resulting...
Finastra powers retail banking innovation with four new fintech apps on FusionStore
Finastra today announced the launch of four new retail banking apps on FusionStore, the firm’s app marketplace. Built during Finastra’s first appathon in North America, at the tail end of last year, the apps – which provide innovative saving, spending control and...
LATEST NEWS
Conviction Completes Pre-Series A Funding Round for Konsentus
Conviction Investment Partners, today announced that it has managed and completed pre-series A financing for Konsentus, a provider of Regulatory Technology (RegTech) solutions for open banking. Conviction led the multi-million pound investment after recognising...
DLA Piper advises Bessemer Venture Partners in Series B financing of Alloy
DLA Piper advised Bessemer Venture Partners in the Series B financing of Alloy, a technology company that helps banks make better identity and risk decisions using a single API service and software-as-a-service (SaaS) platform. Alloy leverages data to enable financial...
Meniga joins Nexi Open
The world's number 1 fintech in digital financial management solutions joins Nexi's ecosystem dedicated to Open Banking Nexi's partner banks will be able to offer innovative financial management services to individuals and small businesses, integrating them into...
Contis Brings International Payments To 1m Account Holders With Currencycloud Partnership
Leading European payments provider, Contis, has partnered with Currencycloud, the leader in providing B2B embedded cross-border solutions, to make international payments available for over 1 million accounts. This partnership allows end-customers to convert Sterling...
Flybits using mimik’s Hybrid Edge Cloud platform to offer financial sector next generation of personalization by leveraging edge computing & confidential computing
mimik Inc., a pioneering Hybrid Edge Cloud company, and Flybits, the world’s leading experience design platform for the financial sector, today announced their strategic partnership. Flybits will be using and advancing mimik’s Hybrid Edge Cloud platform to offer its...
Form3 raises $33 million In strategic investment round with new investors Lloyds Banking Group, Nationwide Building Society and VC 83North.
Form3, the leading cloud-native payment technology provider for banks and regulated fintechs is moving into its next phase of growth and development with the completion of a strategic equity investment round of $33m. Following its Series B funding round in November...
Lanistar chooses W2 to power its new banking alternative
W2 partners with Lanistar, ahead of its polymorphic debit card launch that will revolutionise how customers manage their money. W2, the leading provider of real-time digital solutions for global regulatory compliance, announced today that it has joined forces with...
Contis enters RBS Capability and Innovation Fund bid seeking £35 million for disruptive SME growth strategy
Leading payments provider, Contis, has applied for two grants from the RBS & BCR Alternative Remedies Package, totalling £35 million. Unlike most applicants who will deploy funds through a single brand, Contis is taking a completely different approach. The...
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