September 8, 2023 @ 12:16 pm By Omar Faridi  |  

Netcompany acquired a 20% stake in the Danish based Festina Finance – a provider of software for the Life and Pension industry with a customer base in Denmark and the Netherlands. The investment will accelerate the entry “into new markets for Festina Finance and enhance… Read More

 Tagged acquisition, denmark, europe, finance, financing, fintech adoption, fintech trends, netherlands, pensions, software applications, stake

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

Treyd, the Stockholm-headquartered Fintech that pays suppliers upfront on behalf of growing retail businesses, announces the completion of a $12 million (£9 million) extension of its March 2022 Series A funding. The extension funding brings the total investment in Treyd to $25 million (£20m). The… Read More

 Tagged antler, europe, financial servics, fintech adoption, fintech trends, funding, funding round, investment round, peter beckman, smbs, sme's, stockholm, sweden, treyd

September 8, 2023 @ 10:50 am By Omar Faridi  |  

Terra Quantum, a quantum technology firm, and HSBC (NYSE: HSBC) are partnering to explore hybrid quantum technology applications, according to a company statement. As quantum technology evolves, early adopters like HSBC are poised “to explore the potential benefits of increased efficiency, cost reduction, and a… Read More

 Tagged digital financial services, digital technology, digitalization, europe, financial services, hsbc, optimization, quantum, quantum technology, steve suarez, terra, uk, united kingdom

September 8, 2023 @ 9:42 am By Omar Faridi  |  

Executing on its global approach to building an end-to-end financial technology platform, Adyen’s UK banking authorization secures ongoing service levels for UK businesses. Adyen (ADYEN:AMS), the global financial technology platform of “choice” for businesses, announced that its UK branch has been “granted authorization as a… Read More

 Tagged adyen, authorization, compliance, europe, financial technology, finncial services, fintech adoption, fintech trends, mariette swart, uk, united kingdom

September 8, 2023 @ 8:43 am By Omar Faridi  |  

Digital bank Zopa has raised £75 million ($95m) in Tier 2 capital in order “to further accelerate its growth, supporting its vision to become Britain’s best bank.” The funding will ” fuel Zopa’s continuous growth and expansion.” It brings the total capital raised by Zopa… Read More

 Tagged banking, digital bank, europe, jaidev janardana, uk, united kingdom, virtual banking, zopa, zopa bank

September 8, 2023 @ 7:55 am By Tony Zerucha  |  

Koverly, a globally-focused fintech that integrates business-to-business buy now, pay later (BNPL) solutions into a digital payment platform, this week announced the addition of Ben Haddon as its vice president of credit and revenue. Haddon is expected to scale the company’s lending capacity to $70… Read More

 Tagged bnpl, fx, igor ostrovsky, koverly, koverlypay

September 8, 2023 @ 6:28 am By Tony Zerucha  |  

Global compliance technology solutions and services provider Sovos this week announced the addition of two technology industry veterans to its executive leadership team. Alice Katwan joins as president of revenue, and Eva Krauss returns as chief transformation officer. Both are new roles. In a statement,… Read More

 Tagged compliance software, sovos

September 8, 2023 @ 4:50 am By Tony Zerucha  |  

The American Fintech Council, an industry association representing fintech companies and banks, this week announced that EarnIn has become its newest member. EarnIn will join a growing group of diverse industry-leading earned wage access  companies. “EarnIn will add an important voice to a growing chorus… Read More

 Tagged american fintech council, earned wage access, earnin, Phil Goldfeder, ram palaniappan

September 7, 2023 @ 10:55 pm By Omar Faridi  |  

Mastercard (NYSE: MA) and Fintech Saudi have announced the signing of a memorandum of understanding during Seamless Saudi Arabia 2023 “to advance the growth and development of the Saudi Arabia fintech industry.” The announcement marks another step “towards powering an inclusive digital economy and advancing… Read More

 Tagged financial services, fintech adoption, fintech saudi, fintech trends, mastercard, memorandum of understanding, mena, mena region, middle east, MOU

September 7, 2023 @ 10:25 pm By Omar Faridi  |  

Finastra announced that LaserPro, its loan document preparation system used by more than 2,500 financial institutions, is now available in the cloud. This strategic launch of LaserPro in the cloud streamlines loan document compliance management capabilities “for financial institutions with a Software as a Service… Read More

 Tagged cloud, datos insights, david o’connell, financial institutions, financial services, finastra, lending, mitch lucas