Paynetics lands UK EMI licence from the FCA
Paynetics was previously operating in the UK under the FCA’s Temporary Permission Regime.
Paynetics was previously operating in the UK under the FCA’s Temporary Permission Regime.
While the popularity of neobanks has surged in Western Europe, the Southeast remains relatively free of competition.
Nexo intends to file claims “for all financial and non-pecuniary damages suffered as a result of illegal actions”.
Both financial institutions are set to implement Backbase’s Engagement Banking Platform.
The extension follows an initial $112 million Series B raise three months ago.
ING acknowledges the claim, but cannot comment further at this time.
The start-up will focus on B2B services to help firms attract younger investors.
The fintech works with two major telcos in Bulgaria.
The round was led by N26-backer Earlybird.
Fibank customers will be able to move all accounts to My Fibank app.
Spyros Retzekas, COO at Qualco says agility is the key.
Romanian Libra Internet Bank is acting as local acquirer.
The tech enables contactless POS and ATM transactions.
The breach exposed full names, addresses, copies of ID cards, bank account numbers and property deed data.
Temenos’ T24 Transact and Infinity products to be rolled out in Cyprus, Luxembourg, Bulgaria and Serbia.
EXCLUSIVE. It is understood new tech will replace CSoft’s VCSBank.
A two-year project expected to see results a year in.