Fintech industry consists of technology-based financial services and related goods. Companies in the fintech industry areengaged in providing end-to-end process financial services and solutions toautomate financial transactions over the internet. Services provided by the fintech companies range from traditional banking services such as payment services and fund transfers to technologically advanced banks such as Neo […]
Square, the globally trusted software, payments, and hardware solution for businesses of all sizes, today announces an Early Access Programme in Ireland, offering exclusive access to an integrated suite of tools to seamlessly sell in-person and online. This limited-space programme is now seeking SMEs across Ireland who want access to the only comprehensive solution of […]
As Covid-19 kept consumers around the world at home, nearly everything from groceries to gardening supplies was purchased online. According to Mastercard’s latest Recovery Insights report, this amounted to an additional $900bn being spent in retail online around the world in 2020. Put another way: in 2020, e-commerce made up roughly £1.50 out of every […]
La Banque Postale has entered into a partnership with the fintech Ebury to offer its SME customers an open banking solution to support their international activities. This initiative illustrates La Banque Postale’s ambition to be a major banking partner for French companies by adopting an innovativemodel resulting from collaboration with tech players. In order to […]
Barclays today announced the launch of a suite of new products for BARX FX that further enhances its electronic capabilities and strengthens its FX offerings for clients. The suite of new products marks Barclays’ latest milestone in enhancing its electronic trading platform, BARX. Corporate and institutional clients can now leverage BARX Book for FX, Barclays’ […]
United Trust Bank (UTB) and proptech provider Aprao have announced a collaborative relationship to promote the benefits of digital solutions in the development finance sector. As a leading specialist bank providing funding to SME housebuilders and developers, UTB receives high volumes of enquiries and appraisals submitted in a wide variety of formats. Aprao is an […]
A Cash Against Documents transaction orchestrated by Saudi-based ITFC was successfully completed between SOFITEX and Louis Dreyfus Company (LDC), using an electronic bill of lading issued by the CMA AGM Group, a world leader in shipping and logistics, through Bolero’s digital trade finance platform for the first time. The transaction concerned a cotton shipment originating […]
Despite nearly three million British consumers using open banking services and the recent news that HMRC has now adopted Open Banking payments, many businesses are holding back from implementing the technology due to concerns around the cost of storing and protecting customer data, seemingly unaware of the option to partner with established service providers that […]
Butter, the London based fintech platform that started life as the UK’s first Buy Now Pay Later (BNPL) travel agency, has just closed a £15.8m funding round to accelerate the rollout of its responsible open-banking based BNPL shopping app. Butter has raised £15.8m via BCI Finance, the credit arm of London based venture builder Blenheim […]
New-to-market payment solutions provider Monavate has secured seed funding of £5m from a major US institutional investor, signalling one of the largest seed funding rounds for a UK fintech in the last 12 months. Monavate provides a technology-enabled, compliance and card scheme sponsorship platform, that simplifies the way companies create, manage and grow financial products. […]
