Crezco closes seed round to build UK’s first open banking payment service aimed at...
Crezco, which claims to be the UK’s first open banking payment solution aimed at b2b invoice payments, has netted £3m in its seed round.
Over 100,000 banking jobs predicted to be lost in next five years to automation
Wells Fargo managing director Mike Mayo has claimed he expects automation to eliminate over 100,000 banking jobs over the next five years.
Majority of bankers see customer experience, not products as future of banking
A report published by Temenos has found four in five bankers believe financial institutions will look to discern themselves on customer experience rather than products or services.
Cocoon launches its leave compliance tool alongside Series A close
Cocoon has launched the first full-suite software solution that removes complex leave processes, alongside the close of its Series A funding round.
How WealthTech innovation is driving the rise of the neo-broker
A recent blogpost by Currencycloud has scrutinised how innovation in the WealthTech market is driving the rise of the neo-broker in wealth management.
Confidence in banks and bank branches remains high in the UK
A recent bi-annual study by Toluna has found that a majority of UK consumers still have strong confidence in banks and see bank branches as playing an important role.
FinTech-as-a-service platform Rize secures Series A funding
Rize, a self-stylised FinTech-as-a-service platform, has closed its Series A on $11.4m as it continues its mission of revisioning the financial world.
BNPL market gets new big player as Mastercard launches Installments
Mastercard has entered the buy now, pay later (BNPL) market after it unveiled flexible payment platform Installments in the US, the UK and Australia.
Aspire scores $158m in its Series B round
Aspire, a platform designed to help a business with all their financial needs, has reportedly collected $158m in Series B funding. The round was led...
BaaS platform Swan inks $16m funding to extend global footprint
Banking-as-a-service (BaaS) platform Swan has snared $16m in equity funding from venture capital firm Accel.