September 7, 2023 @ 7:50 am By Omar Faridi  |  

Funding Circle (LSE: FCH) has recently published its HY 2023 results, “covering the six months ended 30 June 2023.” The business delivered a solid financial performance in line “with expectations and the guidance it set in March for FY2023 and FY2025 remains unchanged.” Here are… Read More

 Tagged europe, financial services, funding circle, lisa jacobs, progress report, uk, united kingdom

September 7, 2023 @ 7:45 am By Omar Faridi  |  

The team at Perenna has issued a statement indicating their restrictions have been lifted by the Prudential Regulation Authority and Financial Conduct Authority. This means they can now offer fixed-rate mortgages in the UK. Unlike the US and other European countries, the UK market is… Read More

 Tagged europe, fca, financial conduct authority, mortgages, perenna, pra, prudential regulation authority, uk, united kingdom

September 6, 2023 @ 10:37 pm By Omar Faridi  |  

Airwallex, a global payments and financial platform for modern businesses, today announced the launch of “Airwallex for Startups”, a business readiness campaign “exclusively for Hong Kong entrepreneurs to support their global growth ambitions.” With the support of Hong Kong flagship incubators, and in collaboration with… Read More

 Tagged arnold chan, financial services, fintech adoption, fintech trends, hong kong, international payments, payments, small businesses, startups

September 6, 2023 @ 9:35 pm By Omar Faridi  |  

Uldis Tēraudkalns, CEO of Nexpay, a fintech scale-up providing business banking solutions for digital companies, recently shared his views and insights with CI. Licensed by the Bank of Lithuania and operating across Europe, Nexpay reportedly processes over €2.5 billion annually and has helped over 600… Read More

 Tagged bank of lithuania, banking, cross-border payments, digital financial services, digital technology, digitalization, europe, financial services, fintech adoption, fintrech trends, insights, interview, lithuania, nexpay, perspective, uldis teraudkalns, web 3.0, Web3

September 6, 2023 @ 9:26 pm By Omar Faridi  |  

Acquired.com, the UK payments specialist and payment initiation service provider, has launched an all-in-one Hosted Checkout solution in order “to equip merchants with the ability to offer all major payment methods, including Open Banking payments, via a single integration.” Hosted Checkout is “a pre-built, highly… Read More

 Tagged acquired.com, digital payments, europe, integration, mark johnson, open banking, payment initiation service provider, payments, uk, united kingdom

September 6, 2023 @ 9:17 pm By Omar Faridi  |  

Emirates NBD has announced it invested in Komgo, a software development and technology services company transforming the trade finance industry. The equity investment was “made by Emirates NBD‘s Innovation Fund, the bank’s corporate venture fund.” Emirates NBD’s corporate venture capital arm will “enable the Group… Read More

 Tagged ahmed al qassim, digital technology, emirates nbd, investing, investments, komgo, mena, mena region, middle east, software development, trade finance

September 6, 2023 @ 7:11 pm By Omar Faridi  |  

Wayflyer, the revenue-based financing and growth platform for eCommerce businesses, has announced that it has agreed to an off-balance sheet program that will purchase up to $1bn of assets from funds managed by investment management firm Neuberger Berman. The facility means that Wayflyer is able… Read More

 Tagged aidan corbett, digital commerce, e-commerce, financing, investment management, neuberger berman, revenue-based financing, wayflyer, zhengyuan lu

September 6, 2023 @ 1:27 pm By Omar Faridi  |  

Metro Bank has created dedicated online hubs both to support brokers who may be “working with a vulnerable client, and customers going through a period of vulnerability themselves.” The Bank has launched “a dedicated Vulnerable Customer page on its intermediary website to help brokers understand… Read More

 Tagged Customer Experience, cx, europe, financial services, metro bank, uk, united kingdom

September 6, 2023 @ 12:47 pm By Omar Faridi  |  

The Founders Arena WealthTech Accelerator, in strategic partnership with First Rate, Inc., SEI and the City of Arlington announced its first cohort, selecting Charityvest, InvestSuite, Lumiant.io, Manifest, Sora Finance and Tax Status in order “to participate in its inaugural accelerator program in Arlington, Texas.” As… Read More

 Tagged accelerator, arlington, charityvest, fintech adoption, fintech trends, investsuite, russ kliman, sei ventures, texas, united states, us, wealth technology, wealthtech

September 6, 2023 @ 12:14 pm By Omar Faridi  |  

Network International, the enabler of digital commerce across the MEA region, has announced a partnership with J.P. Morgan Payments in order “to strengthen the bank’s acquiring offering.” J.P. Morgan Payments currently “operates in over 160 countries and over 120 currencies and is one of the… Read More

 Tagged digital commerce, jpmorgan, jpmorgan payments, mena, mena region, middle east, network international