November 15, 2023 @ 9:49 am By Omar Faridi  |  

Over eight in ten SME finance experts (83%) believe that high street banks are reducing their appetite to fund the UK’s 5.5m small and medium-sized businesses, according to iwoca’s latest Q3 2023 SME Expert Index. The analysis shows that “the drop in lending is set… Read More

 Tagged europe, financial services, fintech adoption, fintech trends, iwoca, research, Research Study, small businesses, smbs, sme's, survey, uk, united kingdom

November 15, 2023 @ 9:07 am By Omar Faridi  |  

N26 announced an important extension to its product portfolio with the launch of a flexible Instant Savings account. From today, customers in Germany can “benefit from up to 2.6% interest p.a. with transparent conditions, and without deposit limits or additional costs involved.” The overnight savings… Read More

 Tagged berlin, digital banking, digital financial services, europe, financial services, fintech adoption, fintech trends, germany, n26, savings, valentin stalf

November 15, 2023 @ 8:33 am By Omar Faridi  |  

Investment platform Lightyear announces the launch of Spanish stocks. Lightyear has connected with Madrid and Barcelona stock exchanges in order “to offer Spanish investors the chance to buy into the IBEX 35, where 35 of Spain’s biggest companies are listed.” Recent data shows that investment… Read More

 Tagged barcelona, investment platform, london, madrid, stock exchanges, stocks, uk, united kingdom

November 15, 2023 @ 7:38 am By Omar Faridi  |  

Defacto, the instant, embedded B2B lending platform, has raised an additional €10 million from new investor Citi Ventures and existing investors Northzone, Headline and Global Founders Capital to bolster its Series A funding. This investment will be used “to transform Defacto’s instant lending platform into… Read More

 Tagged b2b, citi, citi ventures, embedded finance, financial services, global founders capital, headline, investment round, northzone

November 14, 2023 @ 11:38 pm By Omar Faridi  |  

Fnality – the Fintech bringing together the safety and institutional quality of central bank money with the innovative functionality and resilience of blockchain technology – announced a £77.7m Series B funding round. This investment round was reportedly led “by Goldman Sachs and BNP Paribas, with… Read More

 Tagged blockchain adoption, distributed ledger technology, dlt, fintech adoption, fintech trends, fnality, frank la salla, funding round, innovation, investment round, rhomaios ram

November 14, 2023 @ 9:07 pm By Omar Faridi  |  

Nubank (NYSE:NU), which claims to be one of the largest digital financial services platforms in the world, announces the launch of a metrics panel, also known as a block explorer, for Nucoin. The focus is to provide transparency “to the information related to the digital… Read More

 Tagged block explorer, brazil, digital financial services, digital tokens, digitalization, fernando czapski, latam, latin america, nubank, nucoin

November 14, 2023 @ 8:12 pm By Omar Faridi  |  

The partnership will bring the Biometric Checkout Program to the Asia Pacific region, expanding reach across the globe In an everchanging digital environment, merchants and consumers are “looking for more seamless, secure, and innovative checkout experiences.” Now, the trusted technology that “uses your face to… Read More

 Tagged ajay bhalla, apac, asia pacific, biometrics, digital transactions, mastercard, nec corporation

November 14, 2023 @ 8:05 pm By Omar Faridi  |  

US-headquartered equity management Fintech Carta is reportedly announcing another round of layoffs. As first reported by Fortune, three workers have stated that San Fransisco-headquartered Carta is currently going through a restructuring process for the third time in 2023. The two other layoff announcements had been… Read More

 Tagged carta, layoffs, united states, us

November 14, 2023 @ 4:46 pm By Omar Faridi  |  

Revolut has reportedly raised the fees of its premium plans as certain paying members now gain access to subscriptions for a range of digital apps like ClassPass and Tinder. The financial super app provider stated that it is the first time it has updated the… Read More

 Tagged banking, europe, financial super app, fintech adoption, fintech trends, revolut, tara massoudi, uk, united kingdom

November 14, 2023 @ 3:30 pm By Omar Faridi  |  

Fintech TrueAccord explains why not having the right collection partner can “equate to missed recovery opportunities tomorrow.” TrueAccord looks into what makes the end of the year such an important time “to evaluate your current collections partner.”  TrueAccord comments on why firms need to evaluate… Read More

 Tagged debt collection, digital commerce, e-commerce, financial services, fintech adoption, fintech trends, online spending, spending, trueaccord, united states, us