BaaS provider Mbanq reveals latest growth milestones
Mbanq has announced its growth milestones with new client platform launches, revenue growth, three new office locations, workforce expansion, and a strategic shift that has seen it strengthen its ‘as-a-service’ portfolio.
Customer service unicorn Glia buys AI chatbot Finn AI
Digital customer service unicorn Glia has acquired AI-powered chatbot platform Finn AI.
The impact of SaaS on financial crime prevention efficiency
SaaS adoption in the financial and insurance services sectors is projected to grow significantly, reaching more than $130bn by 2027, up from $54bn in 2022.
Curve warns customers of “temporary disruption” as it deals with the Wirecard fallout
Payment startup Curve has warned its customers that their services will be disrupted because of the Wirecard scandal having prompted the Financial Conduct Authority (FCA) to freeze all of the payment giant's assets.
Deutsche Bank acquires Quantiguous Solutions to support Open Banking development
Deutsche Bank has acquired India-based Quantiguous Solutions, an API solution developer for financial institutions.
Howden bags £500m to transform start-ups into underwriters
Howden Ventures has secured an impressive £500 million in insurance coverage, thanks to the backing of key industry players like Tokio Marine Kiln, Chaucer, and Liberty Specialty Markets.
Kroo lands full UK banking license
Digital neobank Kroo has secured a full UK banking license, ahead of its plans to launch personal current accounts.
Worldline UK&I links with Stabiliti for carbon offset payments
Stabiliti and Worldline UK&I, a global leader in payment and transactional services, have announced a strategic partnership.
Lemonade’s shares soared more than 138% in its first day of trading publicly
InsurTech Lemonade has started trading after a much anticipated initial public offering (IPO) and the debut has so far proven a hit.
Ascensus looks to make its seventh TPA company acquisition of 2018
Retirement savings technology developer Ascensus is set to make yet another acquisition, bringing its total for the year up to seven.