Funding Circle names Ken Stannard as non-executive director and chair designate
Stannard succeeds Andrew Learoyd, who has served as chair of Funding Circle since May 2016.
UK
The latest UK fintech news, resources and expert analysis from the leading intelligence provider for the worldwide fintech community.
B2B embedded finance platform Toqio appoints VP of technology
VP of technology, Yan Rocubert Paredes, joins Toqio in its home market of Spain.
SecuritEase snaps up Tiara Fintech Solutions to fuel UK expansion
The undisclosed deal includes Tiara, a CGT calculation engine and tax reporting system launched in 2021.
Samantha Seaton to step down as Moneyhub CEO after 8 years at the helm
Board chair Anne de Kerckhove will serve as interim executive chair during the CEO search.
UK paytech Thredd makes three senior appointments for product and APAC expansion
The hires include a new SVP of platform, VP of account management APAC, and VP of credit.
ICYMI fintech funding round-up: Sourcefin, Volume, Leap Financial, and Juicyway
A handy round-up of the recent funding endeavours of fintech companies across the globe.
UK fintech Delio names new chair and outlines 2025 strategy
Meyerowitz Singh currently serves as an NED at Platform One and a board member of Engage Smarter AI.
The Tipton and Coseley Building Society taps Mast to power mortgage operations
The Tipton, which lent £116 million in mortgages last year, will use the platform to modernise its mortgage processes.
Morgan Stanley taps Wise for corporate cross-border settlements
Morgan Stanley can now offer its corporate clients instant cross-border settlements through Wise Platform.
Chorley Building Society in front-to-back office tech overhaul with TCS
Chorley Building Society will implement the TCS Bancs core banking system.
UK fintech BVNK secures $50m in Series B funding round
BVNK previously raised $40 million in a Series A round in 2022.
Finova names Paraag Davé as CEO and Rowan Clayton as new CPO
Finova was acquired by Bain Capital Tech Opportunities (BCTO) in August.
FIS reportedly set to acquire UK-based fintech Demica for around $300m
Sky News reports that an official announcement on the deal is expected in the coming days.
Stenn Assets UK Limited and Stenn International Limited enter administration
The two units of Stenn Technologies entered administration on 4 December.
ICYMI fintech funding round-up: Brighty, Just, Finny, Prosper, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Shift4 buys UK paytech Card Industry Professionals
The deal adds to Shift4’s growing list of acquisitions this year.
Habib Bank AG Zurich selects nCino platform to power UK buy-to-let lending business
HBZ UK will deploy nCino’s Cloud Banking platform as part of the partnership.
Sweden’s Mynt plots UK expansion with €22m Series B
The round values Mynt, which reached profitability in September, at approximately €175 million.
Equals Group to be acquired by consortium of investors for £283m, paving way for Railsr merger
The deal will see Equals shareholders receive 140 pence per share.
TD Bank upgrades retail card business with Backbase Engagement Banking platform
Through the collaboration, TD Bank will leverage Backbase’s Engagement Banking platform.
Video: Highlights from FinTech Futures’ CMO roundtable and Christmas networking party
Check out the highlights video from the event held in partnership with FinTech B2B Marketing.
LexisNexis to acquire deepfake detector IDVerse for undisclosed sum
The transaction is set to close in early 2025, with IDVerse joining LexisNexis Risk Solutions Business Services.
UK’s FCA hires Colin Payne as new head of innovation
Payne joins the FCA from PwC, where he served as senior director, central banking and fintech product lead.
Mastercard settles collective consumer claim over UK card fees
The reported £200m settlement remains subject to the approval of the Competition Appeal Tribunal (CAT).
Ribbon launches financial services super-app for Indian diaspora in UK with Tribe Payments
Ribbon previously tapped Tribe Payments to launch in Gibraltar earlier this year.
Morgan Stanley-backed Sokin acquires Norway’s Settle for undisclosed sum
The UK-based fintech has gained Settle’s European EMI licence through the deal.
Revolut applies for New Zealand banking licence
Revolut is now in the assessment phase and says it will “collaborate closely” with the RBNZ throughout the process.
UK challenger Zopa lands £68 million in equity funding round
The funding follows Zopa’s £75 million raise in 2023.
Lloyds Bank expands merchant services to Paypoint UK SME network
The expanded partnership is expected to reach more than 60,000 SMEs in the UK.
Corpay buys cross-border solutions provider GPS Capital Markets, unloads POS business to PDI Technologies
The deal to acquire GPS Capital Markets was first inked in June this year.
Sandstone Technology selected to power Chetwood Bank’s new digital savings platform
Chetwood announced the platform when it rebranded from Chetwood Financial Limited last month.
WealthKernel embeds savings accounts with Griffin’s BaaS platform
Griffin’s BaaS platform was first made available to UK fintechs in September.
Fonepay partners Compass Plus Technologies to launch Nepal’s first virtual credit card
The launch comes after Fonepay received a domestic credit card scheme licence from Nepal’s central bank.
Video: Highlights from FinTech Futures’ Banking Tech Insights: Limitless Banking panel and networking event
Watch our highlights video from the FinTech Futures Banking Tech Insights event on 14 November.
9fin bags $50m in Series B funding round led by Highland Europe
9fin previously raised $23 million in a Series A+ round in 2022.
UK regtech Vixio names Christian Erlandson as new board chair
Erlandson succeeds Gehan Talwatte, who has served as the company’s chair for the last two years.
The UK’s proposed ESG ratings revolution: technology as the catalyst for compliance
With the FCA set to regulate ESG ratings providers in 2025, technology is emerging as a crucial enabler for compliance.
UK specialist mortgage lender Vida Homeloans secures full banking licence, rebrands as Vida Bank
Vida Bank will operate as a specialist mortgage bank offering residential and buy-to-let mortgages.
Deel boosts European payments infrastructure with acquisition of Atlantic Money
The move follows Deel’s acquisition of South Africa-based payroll and HR company PaySpace back in March.
UK fintech Offa acquires Bank of Ireland’s Alburaq Sharia-compliant home finance portfolio
The Bank of Ireland’s Alburaq portfolio includes over 350 home purchase plans.
