Zip completes acquisition of Czech BNPL firm Twisto
The move will grant Zip access to the EU market from its UK springboard.
Europe
Suits Me moves from Contis to PPS for BaaS
The UK alternative lender is expanding its services using the new platform.
Cybersecurity platform Immersive Labs acquires US start-up Snap Labs
“The two platforms are a natural fit,” says Snap co-founder Chris Myers.
ING’s Evelien Witlox recruited to head ECB’s digital euro project
Witlox will analyse pros and cons of a digital euro to reside with cash.
MasLife embarks on crowdfunding ahead of full launch of app
Combining financial and health wellbeing, the firm has a market valuation of £21.8m.
CaixaBank completes major systems integration with Bankia
The two banks have merged to become a €680 billion entity.
London BNPL firm Zilch worth more than $2bn following $110m Series C
The company plans a hiring spree in Miami, where its US headquarters are located.
Standard Chartered taps SAP for SaaS banking connectivity solution
SAP Multi-Bank Connectivity will enhance the transactional banking experience for corporates, the bank says.
UK checkout fintech Volume aims to simplify online payments
2021-founded company plans to target both commercial firms and challenger banks as customers.
ClearBank partners SME bank Recognise to provide Confirmation of Payee
CoP dramatically reduces the risk of fraud, says ClearBank CEO.
Bank of England to launch UK CBDC consultation in 2022
Following consultation and development phase, CBDC could launch in second half of this decade.
Aiimi wins £1.3m data analytics contract with FCA
Milton Keynes-based data firm wins regulator contract running until April 2024.
UK fintech MoneyBoss plans on P2P personal finance
Wealth management fintech combines social media with online learning and account aggregation.
Ebury partners Santander to help German SMEs trade globally
The partnership plans to offer a solution that streamlines cross-border trade.
Barclays shuffles executive team as new group CEO settles into role
C.S. Venkatakrishnan stepped into the top job following the departure of former chief Jes Staley.
Asset manager Abrdn confirms Interactive Investor takeover talks
Abrdn confirmed talks are taking place, but made clear nothing is finalised as yet.
Qualco acquires Neurosoft fintechs to boost supply chain offerings
TensorFin and Daedalus Technologies to be incorporated into the Qualco portfolio.
Appway hires Mark Holenstein as new chief operating officer
Onboarding and customer management firm picks up new C-suite hire.
Citi to take $1.5bn charge shuttering South Korean retail banking business
The charge related to the closure will affect the bank’s operations through the rest of 2021 and 2022.
Russian neobank Tinkoff appoints ex-Morgan Stanley exec as co-CEO
Pavel Fedorov joins Oliver Hughes from the company’s board of directors.
Standard Chartered to launch climate-focused savings app powered by Starling
Named Shoal, the platform leverages Starling’s Banking-as-a-Service offering.
UK neobank Monument given green light to launch by FCA and PRA
The neobank landed an authorisation with restriction (AWR) banking licence in October 2020.
FNZ acquires German commercial bank Fondsdepot
Wealth management vendor plans to build out the bank’s digital capabilities.
Metro Bank confirms takeover approach from US private equity group
Carlyle has until 2 December to put a formal offer in place for the UK bank.
Case study: Covery helps GlobalNetInt automate transaction monitoring
How Covery helped GlobalNetInt become one of the five most rapidly growing Lithuanian EMI institutions.
New UK paytech WondaPay launches deposit holding platform to help freelancers get paid
The FCA-regulated service releases payments when work has been completed.
Zopa hires former Monzo executive Robinson as new chief risk officer
Robinson spent two years with Monzo, and 15 years at Capital One.
Raisin Bank launches BaaS offering on Mambu’s cloud banking platform
German bank claims to be one of the first lenders entirely on the cloud in its home country.
BNPL giant Klarna acquires Nordic price comparison site PriceRunner
Firm aims to diversify its offering with price comparison platform acquisition.
BBVA enters open finance partnership with Italy’s Sella
The European multinationals will utilise open banking platform Fabrick.
Lloyds hires former HSBC man Boteju as new group chief data officer
Boteju says he is “super motivated” by his new employer’s message about building back.
German investing start-up Moonfare raises $125m in Series C round
The platform opens up access to private equity funds for individual investors.
Metro Bank director of technology departs after less than two years
Sailesh Panchal announced his departure on social media.
HSBC taps CloudBees to streamline software delivery
The bank hopes to address the challenges associated with software delivery at scale.
Standard Chartered nabs ING COO Louwhoff as new group CTO
Roel Louwhoff joins up with StanChart in Singapore after seven years at ING.
Sabadell confirms offer from Co-operative Bank for TSB
The Spanish bank says that its board has rejected the approach.
New UK fintech Cleva launches money management platform for carers
Carers can make purchases using a Mastercard-enabled card from selected digital wallets.
GB Bank secures restricted banking licence to focus on property and construction
New challenger bank plans to focus on the north of the UK and plans a large loan book.
Swiss fintech start-up Yokoy raises $26m in Series A round
The Swiss fintech plans to invest in tech development and global expansion.
UK Autumn Budget 2021: What does it mean for fintech?
Rishi Sunak announced an update to his spending plans this week. FinTech Futures seeks out the fintech benefit.
