Visa-backed Railsbank teams up with Plaid for embedded finance
Banking-as-a-Service platform Railsbank and Plaid have joined forces enabling companies in the UK to instantly accept bank payments within their app or website.
Lanistar finally secures FCA approval following earlier setback
UK FinTech Lanistar has secured Financial Conduct Authority (FCA) approval to operate as an Electronic Money Directive (EMD) agent of payments business Modulr.
UK retailers lost £39.4bn during lockdown due to surge in abandoned baskets
UK retailers have lost out on over £39.4bn in potential sales in the past 12 month, after the value of online abandoned baskets more than doubles since 2018.
Fly Now Pay Later tops its Series A to expand its Klarna-like offering in...
FinTech company that helps consumers spread the cost of their travel over a flexible duration Fly Now Pay Later raised a further £10m in Series A funding, bringing its total to £45m.
Pennyworth launches financial planning app on iOS, Android to follow
UK-based neobank Pennyworth has begun beta testing of the first version of its financial planning app on all iOS devices.
Pomelo joins forces with Mastercard to boost its payment offering for SMEs
Digital payments platform Pomelo partnered with Mastercard to build on the support it offers its business customers with an expanded range of products and services.
Indonesian FinTech Cermati.com said to close Series C funding round
Indonesia-based Cermati.com, which claims to make financial information more available, has reportedly closed its Series C.
Ex-Facebook, DBS Bank execs join $1.6m round of Singapore FinTech Few¢ents
Singapore-born FinTech that provides alternative monetisation solutions for digital publishers and creators Few¢ents landed $1.6m in seed funding.
San Francisco VC firm eyes Lithuanian FinTech investment
Venture capital startup Launchpad Capital is investing up to $35m in early-stage Lithuanian startups who are looking to break into the North American market.
Klarna bolsters UK presence with key regional market expansions
FinTech juggernaut Klarna has expanded its footprint in the UK with a new office in London and larger premises in Manchester.
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