Santander UK introduces new cashflow app for UK SMEs

The CashFlow Manager app has been created together with fintech tomato pay and has begun rolling out to selected corporate and commercial banking clients.

Moneyhub gives white label clients access to payments system

The latest release from the platform means that all clients have access to Open Banking card-free payments.

Insight: Why Europe’s Open Banking API journey is not over

Token’s Nikita Septucha explains how Europe’s fragmentation challenges around APIs can be resolved through industry dialogue and potentially increased regulation.

TrueLayer hires general manager for France

Clement Boulais will work alongside chief revenue officer Max Emilson, helping to build on work with clients including Revolut.

Square to buy Afterpay for $29bn

The acquisition of the Australian business is expected to close in Q1 2022, with Square CEO Jack Dorsey citing the fintechs’ ‘shared purpose’.

EBA publishes responses to issues raised about APIs under PSD2

A sixth set of issues was raised by the participants of the working group, which has been tasked with identifying issues and challenges that market participants face during use of API interfaces.

US startup Landis raises $165m in debt and equity

The fintech, which helps renters reach home ownership, secured backing from Sequoia Capital, as well as actor Will Smith’s Dreamers VC and Jay Z’s Roc Nation’s venture investment arm.

Prime Trust secures $64m in first funding round

The Series A was led by Mercato Partners and comes as Prime Trust surpassed $100 million in annual revenue-run rate.

Data providers to participate in pensions dashboards testing

Aviva, Capita and Mercer are among seven organisations that have signed up to the initial test phase to help develop pensions dashboards.

Lloyds Banking Group to acquire Embark

The deal to buy the digital retirement and savings group will allow Lloyds to meet the ‘broader financial needs’ of its customers.