Industry news
The funding round was led by Alfvén & Didrikson, with participation from existing investors, including Industrifonden.
The new API-enabled feature will reduce the admin involved in manually distributing funds across multiple institutions.
This is the first year Symcor is headlining Canada’s flagship Open Banking Expo.
The regulators made the announcement as part of the next steps for UK Open Banking.
The deal has been approved by the UK and Norway’s financial regulators, respectively.
Fiona Bradshaw has more than 25 years’ experience in payments and transaction banking, most recently at HSBC.
Alexis Rog, founder and chief executive officer of Sikoia, called the partnership “a key milestone” for the mortgage industry.
George Parks Davie joins Brite from Klarna, where he oversaw the development of its Open Banking platform.
Trustly has upgraded its payment technology ‘Pay N Play’ which harnesses its proprietary data engine, Azura.
Nikhil Rathi, chief executive of the FCA, wrote to Prime Minister Keir Starmer, outlining how the regulator will support the UK’s economic growth.
