London
Central Bank Money Fintech Raises £77.7M in Series B from Banks and Clearing Houses
Fnality – a UK based fintech bringing together the safety and institutional quality of central bank money with the innovative functionality and resilience of blockchain technology – announced a £77.7m Series B funding round. This was led by Goldman Sachs
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HSBC Executes First Tokenised Physical Gold Trades
HSBC announced the first trades tokenising the ownership of physical gold held in HSBC’s London vault, using distributed ledger technology (DLT). HSBC has developed this capability by creating a ‘digital twin’ of an existing physical asset – specifically loco London
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Nuvei and American Express Collaborate
Pay with Bank transfer, powered by American Express (“PwBt”), announces it has selected Nuvei, the Canadian fintech company, as its first acquirer authorised to promote and sell PwBt’s Open Banking-enabled payment method. The innovative payment method enables consumers to complete
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Thought Machine Partners With Form3 to Bring Real-Time Payment Technology to Europe
Thought Machine, the cloud-native banking technology company, announced it has partnered with Form3, a cloud-native account-to-account platform, to add FedNow, TCH RTP and SEPA Instant Credit Transfer connectivity to Thought Machine’s payment platform, Vault Payments. This partnership brings together two
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Curve Launches World’s First Card to Offer Section 75 Protection on Debit Cards
Financial super app Curve, which consolidates all your debit and credit cards into one card and app, has just launched its first ever credit card in the UK. The new Curve credit card has all the bells and whistles of
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Nuvei and Esenda Collaborate to Offer E-Payments for Education Fees
Nuvei Corporation has partnered with Esenda, a UK-based independent school fee management field, to collaboratively unveil an online platform for tuition fee collection and income management. The collaboration works by fusing Nuvei‘s payment technology with Esenda’s detailed fee management system,
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TX Ventures Invests in UK Core Banking Platform Saascada
TX Ventures has invested in UK-based core banking platform SaaScada. This investment allows SaaScada to further expand its footprint across Europe. With the expansion of SaaScada’s sales and marketing functions following investment in 2022, SaaScada’s data-driven core banking brand has
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Onfido Appoints New CTO
Onfido, the global leader in automated identity verification, announced the appointment of Daniel Keller as Chief Technology Officer. Daniel brings over two decades of leadership experience to the company’s executive team alongside a track record of transforming and expanding tech-driven products
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UK Launches 1Bio GBP Growth Stage Fintech Fund
UK FinTech Growth Partners announced that it will launch the FinTech Growth Fund, the first investment fund of its kind focussed on supporting growth stage FinTechs as they scale. With backing for the initiative already secured from industry leaders Barclays,
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SumUp Secures New US$100 Million Credit Facility
Global fintech company SumUp announced today that it has entered into a US$100 million credit facility with Victory Park Capital (“VPC”), a global alternative investment firm specialising in private credit. The credit facility will enable SumUp to provide advance payments
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