How Etcho is aiming to help save the planet through conscious investing
Etcho wants to increase people’s knowledge and awareness of the global impact of their investments.
Europe
FNZ set to acquire German wealthtech provider Diamos
The acquisition will equip FNZ with additional wealth management product and service solutions.
Belgium’s Puilaetco taps Abbove for digital wealth planning platform
Abbove hopes to expand into six countries including the UK if the Belgium pilot proves a success.
Europe fintech funding round-up: Ark Kapital, Credix and Nokkel
A handy round-up of the recent funding endeavours of fintech companies across Europe.
ClearBank hires Andrew Barker as new chief revenue officer
Barker brings more than 25 years’ worth of experience in the technology space to the role.
New challenger bank in the UK – StreamBank
StreamBank intends to be a partner for property professionals looking for bridging or development finance.
B2C2 names ex-Morgan Stanley exec as new CEO, EMEA
Thomas Restout says he aims to help the firm “accelerate expansion”.
Swiss digital bank Alpian partners Visa for new debit card
Alpian has plans for a full public rollout by the end of this year.
Compliance regtech SteelEye raises $21m Series B funding
SteelEye claims the $21m Series B marks the largest raise by a European regtech firm in 2022.
Open Banking Expo to host its flagship European event this fall in Amsterdam
This year’s event will take place in Amsterdam on 30 September.
Blockchain trade finance platform Contour snaps up we.trade assets
The move forms part of Contour’s plans to launch a digital open account trade finance offering.
Credit Suisse sells global trust business to Butterfield and Gasser Partner
Both deals are expected to close in H1 2023.
ICMA names Georgina Jarratt as head of fintech and digitalisation
Jarratt has 30 years’ worth of experience across financial services, telco and utilities.
Kani Payments appoints Dan Clappison as COO to boost expansion
Clappison joins from Virgin Money, having also previously worked at TSYS and Newcastle Building Society.
St James’s Place taps AML regtech Napier for customer screening solution
Napier offers an AI-led platform for AML and trade compliance.
Banking hubs set to open in 13 locations across UK
The increase in shared banking hubs comes as retail banks continue to pull out of the country’s high streets.
UK’s Paysend appoints Wilhelm Rohde as group CFO
Rohde joins from Swisscard, a joint venture between American Express and Credit Suisse.
European Investment Bank appoints new group chief digital officer
In her new role, Christie will lead digital transformation, information and technology services for the bank.
DeFi for the masses — crypto investment platform Solvo readies for launch
Solvo will offer investments, savings, crypto buying and selling as well as a card for payments.
Finland’s Findynet Cooperative nabs €3m grant to build digital ID network
The self-sovereign identity network will ensure interoperability between digital wallets from different vendors.
ING and CCV app turns mobile phones into payment terminals
The app will be tested by Dutch department store HEMA from mid-September in three of its stores.
African challenger Kuda cuts 5% of workforce
Kuda says cuts were made across growth, marketing and product departments in the company.
US fintech Carta snaps up UK counterpart Capdesk
Together, the firms also have plans to expand into new markets such as India and Singapore.
Momentum Metropolitan taps Duco for no-code data automation solution
Momentum went live with Duco’s platform as part of a wider data automation strategy.
Danish fintech start-up Moneyflow lands €250m in debt financing
Moneyflow says the facility will help accelerate the rollout of its embedded finance services.
ING to shut down Yolt’s open banking operations
ING says it evaluated all options and concluded it is “not feasible to achieve its ambitions with Yolt”.
Europe fintech funding round-up: Justhome, Ryft and SageWealth
A fintech funding round-up featuring three start-ups from Europe.
Gavin Kelly appointed as Bank of Ireland interim CEO
Kelly joined Bank of Ireland in 2007 and was appointed chief executive of its Retail Ireland division four years ago.
Zepz appoints former Bill.com exec Mark Lenhard as group CEO
Lenhard has 20 years’ experience in the payments space.
UK parliamentary group on challengers calls for financial services “big bang”
The APPG says reforms in the sector could support the government’s levelling-up agenda.
Darlington Building Society taps LexisNexis to help fight fraud
The firm will look to utilise LexisNexis’ RiskNarrative platform.
Jupiter Fund Management looks to sell its stake in Starling Bank
The firm’s stake in the UK challenger bank is approximately 10%.
Oxbury Bank lands £25m in Tier 2 capital funding
The capital facility will enable the bank to lend an additional £250m to British agriculture firms through to 2023.
Railsr appoints former Mastercard chair Rick Haythornthwaite as first chairman
Haythornthwaite currently chairs Ocado and the AA and previously chaired energy firm Centrica.
Meniga names Simon Shorthose as new CEO
Shorthose takes over from co-founder Georg Ludviksson, who remains a shareholder of the company.
Q&A: How SEBx aims to “reinvent banking inside the bank”
Christoffer Malmer, head of SEBx, discusses the Nordic bank’s BaaS venture with FinTech Futures.
UK fintechs Finexos and Wombat land funding
Finexos has raised £695,000 and Wombat has raised £4.2 million.
Poland’s BLIK mobile payment system goes international with Viamo acquisition
Viamo provides peer-to-peer (P2P) and business payment services in Slovakia.
Fana launches to unite enterprises, charities and consumers on one platform
UK-based Fana is now preparing to launch a seed funding round.
Nationwide partners Moneyhub for open banking payments tech
Moneyhub’s open banking PIS technology allows savers to add money to accounts from day one.
