UK FinTech Tide adds accrual-based accounting to platform
UK-Based FinTech Tide has added an accrual-based accounting tool to its digital business finance platform.
JPMorgan’s Chase set to disrupt European online banking landscape
JPMorgan (JPM.N) is set to broaden its horizons by introducing its online bank, Chase, to Germany and other countries within the European Union.
Nordea bolsters Nordic presence with Danske Bank’s Norwegian personal customer business acquisition
Nordea, a leading Nordic universal bank, has struck a deal with Danske Bank, a significant Danish financial institution.
Monzo eyeing expansion with potential Lunar acquisition
As the digital banking landscape continues to evolve, British-based Monzo Bank has entered preliminary discussions about a potential acquisition of the Nordic lender, Lunar Group. This information was relayed by an anonymous source privy to the ongoing talks.
Turkish neobank Papara swallows Rebellion, emerging as Europe’s newest FinTech unicorn
Papara, the leading Turkish neobank, has announced its acquisition of Rebellion, a popular Spanish challenger bank. This major acquisition, the first of its kind for Papara, propels the company's valuation to over $1bn, elevating it into the coveted ranks of FinTech unicorns in Europe.
Capital Union Bank unveils cutting-edge eBanking platform with Avaloq
Capital Union Bank, a Bahamas-based pioneering financial institution, has announced the launch of its new online banking platform (eBanking) in collaboration with leading WealthTech provider, Avaloq.
Santander CIB aligns with Komgo, boosting digital transformation
Santander Corporate & Investment Banking (Santander CIB), a premier global bank specialising in trade finance, has joined hands with Komgo, the foremost multi-bank trade finance network worldwide, through a strategic equity investment.
Zopa Bank gears up for expansion with new CTO and COO
Zopa Bank, a digital banking powerhouse, has announced the appointment of Peter Donlon and Kate Erb as their new Chief Technology Officer (CTO) and Chief Operations Officer (COO) respectively.
Italian FinTech, illimity Bank, secures €50m from EIF for SMEs’ sustainable and digital transformation
Established Italian FinTech, illimity Bank, which focuses on providing innovative and sustainable solutions to small and medium-sized businesses (SMEs), is celebrating a substantial financial boost.
American Express and Plaid initiate customer-focused digital banking upgrade
New York-based financial services corporation, American Express, and data network firm, Plaid, have announced a customer-permissioned data sharing agreement set to enhance digital finance options.