Lending Club hires PayPal head of credit to lead it into new sectors

Lending Club is hiring Steve Allocca PayPal global head of credit as its president as the lender continues to move away from the scandal that overturned its fortunes last year.

Rio Ferdinand-backed Sokin unveils subscription payments platform in UK, Europe

London-based PayTech firm Sokin has introduced the first subscription-based global payments solution in the UK and European markets.

Tinkoff launches first Russian digital buy now pay later platform

Moscow-based digital bank Tinkoff has introduced the Dolyame.ru the country first buy now pay later (BNPL) platform.
MANGOPAY names its new chief technology officer

MANGOPAY names its new chief technology officer

MANGOPAY, a European payment solution provider, has named Ronen Benchetrit as its new chief technology officer, following the acquisition by Advent International.

Rapyd to acquire payments firm Valitor for $100m

US payments network Rapyd is set to purchase Icelandic company Valitor from Arion Bank in a $100m deal.

Blockchain startup Libra hires former Siemens chief risk officer

Blockchain and smart contracts company Libra has hired Siemens former chief risk officer (CRO) Dr Gerard Brennan as its director of audit technology.

Drake-backed FinTech Aspiration set for IPO through SPAC merger

Sustainable FinTech platform Aspiration is set to go public through a $2.3bn merger with special purpose acquisition company InterPrivate III Financial Partners.

Vivid Money bags $60m Series B to expand across Europe

Berlin-based challenger bank Vivid Money has raised $60m from a Series B funding round led by Greenoaks.
PayMongo appoints new CEO

PayMongo appoints new CEO

PayMongo has appointed its COO Isabel Ridad as its acting CEO, following Francis Plaza stepping down from the position.
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CreditEase expands VC team for FinTech investments

Chinese peer-to-peer lending firm CreditEase is expanding its VC team with the hire of the former global CIO at Standard Charter Bank, Anju Patwardhan.

News Stories

medius-strengthens-spend-management-offering-through-ai-powered-expensya-acquisition

Medius strengthens spend management offering through AI-powered Expensya acquisition

Medius, an eminent provider of accounts payable (AP) automation based in Stockholm, Paris and Tunis, has disclosed plans to acquire Expensya, an expense management software enterprise.
C6 Bank launches Brazil's first automatic carbon calculator

C6 Bank launches Brazil’s first automatic carbon calculator

C6 Bank, a progressive Brazilian financial institution, has taken a significant step towards sustainable banking by introducing the country's first automatic carbon footprint calculator product.
digital-trade-finance-platform-mitigram-bags-11m-eyeing-accelerated-growth

Digital trade finance platform Mitigram bags $11m, eyeing accelerated growth

Stockholm-based Mitigram, delineated as the pioneering force in the realm of digital platforms dedicated to global trade financing, has raised $11m in fresh funding.
Payrails scales FinOps with $14.4m funding led by EQT Ventures

Payrails scales FinOps with $14.4m funding led by EQT Ventures

Payrails, a Berlin-based FinTech firm providing a robust payment operating system for global platforms, announced today its successful fund-raising effort.
lendingstandard-accelerates-with-a-6-7m-boost-in-funding

LendingStandard accelerates with a $6.7m boost in funding

LendingStandard, a Kansas City-based startup, has secured $6.7m in a fresh funding round. 

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