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Archive for June 2021

BlackRock backs ex-Barclays CEO’s fintech

By Ellie Duncan | 16 June 2021

10x Future Technologies has raised $187 million in a Series C financing round co-led by funds managed by BlackRock and Canada Pension Plan Investment Board.

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Credit Kudos unveils new decision engine

By Ellie Duncan | 16 June 2021

Assembly has been designed to help save lenders hours in manual underwriting and help them make faster lending decisions.

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Vivid Money rolls out top-up feature with Yapily

By Ellie Duncan | 16 June 2021

The new Open Banking-enabled feature will be available in Germany, France, Italy and Spain.

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Crypto investing platform closes $4.5m crowdfund

By Ellie Duncan | 15 June 2021

Change said that 50 private investors took part and that it will use the funding to expand into other markets in Europe and Asia.

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Insight: Transforming access to SME finance

By Chirag Shah | 15 June 2021

Chirag Shah, CEO of Nucleus Commercial Finance, writes about the potential for Open Banking to change the way SMEs access finance.

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US fintechs, banks cite data security as biggest Open Banking challenge

By Ellie Duncan | 15 June 2021

A new study by Envestnet Yodlee found that 66% of financial services providers plan to launch Open Banking initiatives within the next 18 months, and phase out screen scraping.

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BIS opens Innovation Hub in London

By Ellie Duncan | 14 June 2021

It is the fourth Innovation Hub Centre opened in the past two years, with plans to launch centres elsewhere in Europe and in Canada.

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Klarna valued at $45.6bn after latest fundraise

By Ellie Duncan | 11 June 2021
Klarna

The BNPL fintech has secured $639 million in equity funding, with SoftBank’s Vision Fund 2 leading the financing round.

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Konsentus Verify checks UK-RTS compliant certificates

By Ellie Duncan | 11 June 2021

UK-regulated TPPs must complete their migration from OBIE legacy certificates to UK-RTS compliant certificates by 30 June 2021.

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Enfuce brings carbon product to UK with Bud

By Ellie Duncan | 10 June 2021

The partnership deal between Bud and payments firm Enfuce will create a personalised carbon footprint for UK customers.

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