SBI acquires cryptocurrency trading firm B2C2
B2C2, a UK-based cryptocurrency institutional market maker, announced it was acquired by SBI Financial Services, an SBI Holdings subsidiary.
Zilch scoops $30m equity round as customer numbers quadruple
London-based Zilch has closed its oversubscribed Series B funding round with an additional $30m equity top-up.
Curve and Plaid team up to bring open banking to UK customers
Smart banking platform Curve has joined forces with Plaid to help people manage their money. The Curve app allows people from the UK to spend from multiple bank accounts using a single debit card. It aims to give customers a better insight into their spending behaviour and more control over their finances. The London fintech startup will use Plaid’s Open Banking platform and database to connect accounts from banks such as Monzo, Starling, Barclays and HSBC. App users will be able to see the balances from all their connected accounts which will be refreshed automatically when they open the app. Curve hope that this will encourage people to make better […]
Paymentology joins API Exchange to support financial inclusion in Asia
Payment processing platform Paymentology has joined APIX, a global open-architecture platform supporting financial inclusion and innovation.
Admiral Financial Services to adopt open banking through Credit Kudos partnership
Admiral Financial Services has selected Credit Kudos to provide Open Banking data to initially help with income verification.
UK/Spain fintech Nebeus launches cryptocurrency rental service “Crypto Renting”
UK/Spain-based fintech Nebeus announced on Monday the launch of its new product, Crypto Renting. Nebeus describes Crypto Renting as a unique product in the fintech and crypto industries that allows cryptocurrency owners to get passive earnings from their crypto without selling it. “Crypto Renting, from Nebeus, works like any other rental service: any Nebeus’ user who owns Crypto can rent their Bitcoin and Ethereum to Nebeus, who will pay a monthly rent, or even a daily one, for its use. Nebeus users who decide to rent their Crypto in a Crypto Renting program will receive a monthly rent payout for their Crypto, similar to property owners who receive rent from […]
Yapily finds Open Banking is top priority for UK banks in 2021
New data released by Yapily has revealed how open banking connectivity has become a top priority UK banks as we head into 2021.
Lloyds to licence invoice financing technology from Satago
Lloyds Banking Group is to run a six month trial of an invoice financing platform from Satago Financial Solutions, with a five-year commercial contract for the product on the line. As part of the pilot, Lloyds Bank will be extending financing to its customer base utilising Satago’s digital cashflow management and invoice financing platform. Satago will be paid a recurring fee for each customer of the Bank that utilises the technology. Sinead McHale, CEO of Satago, says: “Lloyds’ brand and reach, combined with our technology and speed of execution, is a great example of how established banks and innovative Fintech companies can work together to deliver better outcomes for SMEs.” […]
