UK Fintech Previse raises over £14 million in Series B funding
Previse (previ.se), announced that it has closed the first phase of its Series B financing.
Embedded payments platform Modulr has raises £83 million
Modulr, an embedded payments platform for digital businesses, announced that it has raised £83m in series C funding.
Ophelos and Plend partner to help improve financial inclusion
Debt resolution company Ophelos announce they have partnered with ethical consumer lender Plend to help improve financial inclusion.
ClearScore becomes significant enabler of Open Banking in the UK with 1.5 million sign-ups
With 1.5 million sign-ups, this puts ClearScore as one of the largest enablers of Open Banking in the UK, in just six months.
MarketFinance raises debt financing from Deutsche Bank to support £100m of new lending
MarketFinance today announced a debt raise from Deutsche Bank which the company will use to part fund up to £100m of lending.
The Credit Thing goes live with TrueLayer’s Open Banking recurring payments
The Credit Thing has implemented TrueLayer’s recurring payments API and made the first consumer Variable Recurring Payments transactions in the UK.
Australia’s Westpac to build new institutional banking platform with 10x Banking’s tech
Australian bank Westpac has commenced work on a new transactional platform for institutional clients and is looking to UK-based technology provider 10x Banking to provide the core technology. The two companies have signed a Letter of Understanding, building on an existing three-year partnership which launched Westpac’s leading Banking as a Service offering. Leveraging 10x Banking’s latest contemporary and cloud-native core technology, Westpac’s institutional clients will benefit from a new market-leading digital experience with access to advanced liquidity management, cash flow forecasting and real-time payments processing. Westpac Institutional Bank Chief Executive, Anthony Miller, says the bank wants to provide clients with the best possible transactional banking experience and is investing in […]
Temasek leads $160m Series D funding round in Thought Machine
Thought Machine has closed its series D funding round, led by Temasek, with participation from Intesa Sanpaolo and Morgan Stanley.
