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Archive for September 2021

Vyne raises seed funding of $15.5m

By Ellie Duncan | 24 September 2021

Hearst Ventures and Entrée Capital were among the investors that took part in the funding round.

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Singapore’s Spenmo secures $34m in Series A round

By Ellie Duncan | 24 September 2021

The investment was led by Insight Partners, whose principal Rebecca Liu-Doyle said the payments industry in Southeast Asia is ‘ripe for disruption’ and will join Spenmo’s board.

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Circle and Plaid integrate to speed up ACH payments

By Ellie Duncan | 24 September 2021

Plaid’s instant account verification means end users can directly connect their bank accounts to immediately start moving funds via ACH.

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Tink and Serrala join forces to improve bill payments

By Ellie Duncan | 24 September 2021

The channel partnership will bring Open Banking-powered payments to European billers.

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LUXHUB granted AISP and PISP licenses

By Ellie Duncan | 23 September 2021

The new licenses means that LUXHUB has become ‘Luxembourg’s first and only full-scope Open Banking enabler’.

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MarketFinance raises £280m as it becomes Recovery Loan Scheme lender

By Ellie Duncan | 23 September 2021

The debt and equity fundraise means that the lender will be able to lend immediately through the British Business Bank’s scheme.

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Temenos collaborates with Vodeno and Aion Bank

By Ellie Duncan | 23 September 2021

The strategic alliance aims to ‘capture the BaaS market opportunity in Europe’.

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TD Bank enters data access agreement with Envestnet Yodlee

By Ellie Duncan | 22 September 2021

Customers of the bank will be able to connect their finances digitally and securely.

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JP Morgan brings digital bank brand to UK

By Ellie Duncan | 22 September 2021

Chase, which is the largest consumer bank in the US, will offer UK customers a current account and rewards programme initially.

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Modulr hires Marca Wosoba to head up new Netherlands office

By Ellie Duncan | 22 September 2021

The UK-based company has an EU-wide expansion strategy that will be rolled out in 2022 and 2023.

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