London
Italian Banking Group Intesa Sanpaolo Invests £40 Million Into Thought Machine
Italian international banking group Intesa Sanpaolo has selected Thought Machine, the UK-headquartered core banking technology company, to power its new digital banking platform. In conjunction with this partnership, Intesa Sanpaolo has made a £40 million investment in Thought Machine to
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Instimatch’s UK Subsidiary Munix Partners With Goldman Sachs Asset Management
Instimatch Global along with its UK subsidiary Munix, the digital network for institutional money market borrowing and lending, is partnering with Goldman Sachs Asset Management’s (GSAM) Mosaic platform. The partnership aims to augment Munix’s core offering by adding access to
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FNZ Raises US$1.4 Billion, Now Valued at US$20 Billion
FNZ, a global wealth management platform, announced that it has secured US$1.4 billion in new equity funding from Canada Pension Plan Investment Board (CPP Investments) and Motive Partners. CPP Investments had committed to pouring in a total of US$1.1 billion.
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UK’s Crypto Index Series Pockets Seed Funding From coinIX and F10 Investment
German investment company coinIX and F10 Investment, the investment arm of fintech incubator F10, have jointly poured in seed investment into the Crypto Index Series (CIS). CIS is a UK startup that had successfully graduated from the F10 Incubation Programme
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Checkout.com Raises US$1 Billion Series D, Now Valued at US$40 Billion
Checkout.com, a London-based payments solutions provider, raised US$1 billion in its Series D funding round at a valuation of US$40 billion. The firm has more than doubled its valuation since its US$450 million Series C a year ago. Primary investors
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Biometric Startup iProov Announces $70M Investment
iProov, a leader in online biometric face authentication announced a $70 million (USD) growth investment from Sumeru Equity Partners. Headquartered in Silicon Valley, Sumeru invests in technology firms with the potential to change the world, with a particular emphasis on
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Meniga Appoints Gunter Saurwein as New COO
London-headquartered global digital banking solutions provider Meniga has appointed Gunter Saurwein as its new COO to drive growth and performance. Saurwein will be based out of Meniga’s Stockholm office, and will also act as the CEO’s deputy, the company said.
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Checkout.com Appoints Meta’s Former Exec Meron Colbeci as New CPO
Checkout.com has announced the appointment of Meron Colbeci as its Chief Product Officer. Colbeci is the former head of consumer product management at Meta’s fintech product group Novi, and was a senior product leader at SoFi and PayPal as well,
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Klarna and GoCardless to Power Bank Debit Payments in the US
Global buy now pay later (BNPL) solution provider Klarna has partnered with UK-headquartered account-to-account payments solution provider GoCardless. The partnership will enable Klarna to provide bank debit payments to over 21 million US customers, a statement from Klarna said. More
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FNZ Acquires Appway to Provide Personalised Financial Solutions at Scale
London-based wealth management platform FNZ Group has agreed to acquire Zurich-headquartered client onboarding and servicing solution provider Appway. The deal is expected to close early in Q1 next year. Financial terms of the acquisition were not disclosed. This acquisition of
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