November 28, 2023 @ 4:14 pm By JD Alois  |  

The Subcommittee on Digital Assets, Financial Technology, and Inclusion, part of the House Financial Services Committee, has announced a hearing addressing innovation in financial services. The hearing is entitled: “Fostering Financial Innovation: How Agencies Can Leverage Technology to Shape the Future of Financial Services” The hearing… Read More

 Tagged house financial services committee

November 28, 2023 @ 10:57 am By JD Alois  |  

CapitalOS is reporting $39 million in funding as the startup exits stealth mode. According to a statement issued by the company, the capital infusion is a combination of both debt and equity capital. CapitalOS did not provide a breakdown. The funding was led by Group… Read More

 Tagged capitolOS, dovi frances, group 11, matan goldschmidt, Nir Dremer

November 28, 2023 @ 9:20 am By JD Alois  |  

Lendable has added recurring payments to its platform by leveraging the services of TrueLayer, according to a company statement. TrueLayer is an Open Banking provider and Lendable providers loans to consumers. TrueLayer said the new service was incorporated as Lendable leveraged its Account Information Services… Read More

 Tagged lendable, mariko beising, online lending, open banking, truelayer, uk, united kingdom

November 28, 2023 @ 8:01 am By Omar Faridi  |  

This year, Bitpanda Business claims that it has distinguished itself “as an essential platform for companies stepping into the world of digital investment.” With a 27% increase in the number of business clients using their services, Bitpanda has reportedly enabled “a diverse range of companies,… Read More

 Tagged austria, bitpanda, europe, sme's

November 28, 2023 @ 7:56 am By Omar Faridi  |  

Revolut, the financial global super app with over 35 million customers, has announced the appointment of Dan Teodosiu to the Board as a Non-Executive Director. Dan has over 30 years of experience “building and managing high-performing engineering and research teams, as well as scaling platforms… Read More

 Tagged banking, dan teodosiu, revolut, uk, united kingdom

November 28, 2023 @ 6:28 am By Omar Faridi  |  

LendInvest Mortgages, the UK’s platform for mortgages, has launched a new Buy-to-Let product suite “with bold reductions and larger loan sizes to support professional landlords around the UK.” LendInvest (LSE:LINV) is supporting landlords “with up to 30bps off across its range of two, five and… Read More

 Tagged btl, buy-to-let, lendinvest, sophie mitchell-charman, uk, united kingdom

November 28, 2023 @ 1:08 am By Omar Faridi  |  

Crastorehill, a company majority owned by Finch Capital, Europe‘s growth investor, has successfully acquired open banking players “as part of their buy-and-build strategy.” This move positions Crastorehill as “the 100% shareholder of Qwist (formerly finleap connect) and ndgit, harnessing their complementary strengths to lead the… Read More

 Tagged acquisition, europe, financial services, finch capital, finleap, open banking

November 28, 2023 @ 12:51 am By Omar Faridi  |  

Nium, the firm enabling real-time global payments, and Jeonbuk Bank (JB Bank), aSouth Korean financial institution, have announced a partnership. Together, they will offer the country’s first global remittance service “targeted at the 2.5 million non-Korean residents that live in South Korea.” The service will… Read More

 Tagged anupam pahuja, apac, asia pacific, banking, jeonbuk bank, mena, nium, payments, remittances, south korea

November 27, 2023 @ 10:28 pm By Omar Faridi  |  

Ubank says tha tcontinues to innovate for the digital generation. Ubank is announcing a new, upcoming app and service features “to help the digital generation reach their financial goals sooner.” Ubank, Australia’s digital bank, is continuing “to serve Australia’s tech-savvy demographic.” With strong customer growth… Read More

 Tagged australia, Business Expansion, digital bank, financial services, ubank, virtual banking

November 27, 2023 @ 9:09 pm By Omar Faridi  |  

Xero, the global small business platform, has released a new report revealing Singapore’s accounting and bookkeeping sector is undergoing significant transformation, “driven by technology innovation and shifting client expectations.” Xero’s State of the industry report “surveyed 300 accountants and bookkeepers working in Singaporean practices to… Read More

 Tagged accounting, bookkeeping, digital technology, financial services, innovation, insights, research, Research Report, singapore, small businesses, southeast asia, xero