Tag: Open Banking

Chilean FinTech startup Fintoc, which specialises in instant payments via APIs, has successfully raised $7m in a Series A funding round. The investment is earmarked...

Trustly, a prominent payments company, has recently announced a significant initiative aimed at propelling business growth throughout Europe.

GoCardless, a leading bank payment company, has entered into an agreement to acquire Sentenial, which operates globally under the Nuapay brand, from EML Payments Limited, pending regulatory approval.

Cheddar, a pioneering FinTech company known for its innovative rewards applications, has unveiled its latest product aimed at alleviating the financial pressures of the cost of living crisis for consumers in the UK.

Mastercard, a global leader in payment technology, has launched an open banking-powered solution which seamlessly integrates into consumer banking applications for financial institutions.

SAVIS, one of Vietnam's foremost providers of digital capabilities and a critical technology services supplier to the financial sector, has joined forces with Konsentus, a global leader in open banking advisory services and trust infrastructure.

Key Lending Tech investment stats in 2023: • European Lending Tech deal activity totalled at 43 transactions in 2023, a 45% decrease from 2022 • European...

Zūm Rails, a Montreal-based company at the forefront of integrating open banking with instant payments, has successfully concluded its Series A funding round, securing $10.5m CAD.

OpenPayd, a pioneering global payments and Banking-as-a-Service (BaaS) platform, has entered into a strategic partnership with TrueLayer, Europe's premier open banking payment network. This collaboration aims to bolster OpenPayd's instant payment solutions across the UK and Europe, enhancing the payment experience for their global clientele.

In recent months open banking has gained serious traction and customers are no longer hesitant to embrace it. With the long-term debate surrounding open banking seemingly settled, a handful of RegTech industry experts gave their views on the growth of the offering.