Tag: Barclays

DailyPay, the trailblazer in the on-demand pay sector, has secured a staggering $175m. This financial infusion is a blend of a $75m equity round and a $100m increase in an existing secured credit facility, with the additional financing generously provided by banking giant Citi.

HSBC has reportedly entered the race to acquire Tesco Bank, joining other high street lenders like Barclays and Lloyds Banking Group.

Wefox, the InsurTech powerhouse based in Germany, has successfully secured a substantial investment to the tune of $55m.

In the quest for financial empowerment in underserved communities, technology is emerging as a powerful catalyst for change. Rather than continuing to ignore the need to include financially illiterate communities, industry leaders are urging for wide-spread regulatory changes to break down the barriers to entry for the pariahs of the financial world.

Barclays has announced the appointment of Denise Wong as their Head of Sustainable and Impact Banking for the Asia Pacific region. 

DMALINK, a renowned name in the FinTech realm, recently celebrated a significant milestone. The firm successfully concluded its crowdfunding campaign on the Seedrs platform, raising an impressive £437,404, a feat even more commendable considering it exceeded their initial target of £425,010.

Barclays has recently announced the appointment of James Edmonds as Global Head of Sustainable Project Finance.

TP24, an innovative FinTech firm offering flexible revolving business credit, has successfully raised £345m in a debt funding round. The round was significantly bolstered by notable UK entities, Barclays Bank Plc (Barclays) and M&G Investments.

Key mobile banking download stats as of June 1st 2023: • Revolut was the most downloaded mobile banking app in 2022 with 3.31m downloads • Combined...

Zurich-based Teylor, a leading European small-to-medium enterprises (SME) lender, has successfully secured a significant financing agreement with Barclays, M&G Investments, and other undisclosed investors.