Nucleus Commercial Finance lends £2bn to SMEs

The ‘milestone’ was reached after it lent more than £450 million to UK SMEs in 2020.

Goldman Sachs buys fintech GreenSky for $2.2bn

The acquisition is part of Goldman Sachs’ strategy to boost its consumer banking offering, Marcus.

Form3 secures $160m in funding round led by Goldman Sachs

The Series C fundraising ‘marks the beginning of a global rollout’ as Form3 eyes US market.

Monzo and Curve enter BNPL with ‘Flex’ products

Competition in the buy now, pay later market is increasing, after Monzo launched ‘Monzo Flex’ and Curve unveiled ‘Curve Flex’ on the same day.

Industry poised to commercialise VRPs as soon as banks support them

Token and Open Banking Expo have published the results of their joint survey on VRPs and sweeping, in light of the CMA’s recent decision.

Yapily establishes operations in France

The company has used its recent funding round to enter the country, where it has appointed Julien Lamour as country manager.

Australia’s Basiq names fintech Cape as flagship partner of startup launchpad

Basiq’s founder said that the partnership will ‘help realise Open Banking’s potential outside of retail banking’.

SVB partners Plaid for tokenised payments

The integration will facilitate instant account authentication and payments directly through SVB and Plaid.

DACH region accelerates contactless payment adoption

Three quarters of transactions are now contactless across Germany, Austria and Switzerland, helping the region catch up with the Nordics.

BNPL firm DivideBuy secures £300m investment

The lending facility from Davidson Kempner Capital Management includes a minority equity investment.