DNA Payments partners with Ecospend for Open Banking payments
The partnership will bring Ecospend’s innovative Open Banking payments service to DNA Payments Group portfolio of 30,000 merchants.
TrueLayer raises US$70m to build the world’s most valuable Open Banking network
TrueLayer, Europe’s leading open banking platform, today announced it has secured a US$70m Series D investment round led by new investor Addition. The latest raise reflects the growing demand for its open banking-based services and marks another significant milestone for TrueLayer on its mission to open up finance, building an open banking network that brings together payments, financial data, and identity to redefine how people spend, save, and transact online. Existing investors, including Anthemis Group, Connect Ventures, Mouro Capital, Northzone, and Temasek, also participated, with a significant increase to the company’s valuation. Additional investors in the round include Visionaries Club, Surojit Chatterjee (CPO Coinbase), Zack Kanter (CEO Stedi), Daniel Graf […]
LendInvest taps Credit Kudos to boost its lending decisions
Credit Kudos will deploy its credit referencing tools to help LendInvest provide a more secure service and make better, more informed lending decisions.
UK BNPL FinTech Butter closes £15.8 million in funding
UK FinTech platform Butter has closed a £15.8 million funding round to accelerate the rollout of its responsible open-banking based BNPL shopping app.
Curve and Equifax forge partnership
Equifax UK has signed an exclusive agreement with Curve to deliver comprehensive verification and ID solutions to its new personal finance product.
Revolut seeks to join U.S. Online Banking rush with new license
Revolut has asked U.S. regulators for a banking license in a effort to capture more of the country’s switch to online financial services.
New payment platform BOPP launches, giving power back to UK businesses and consumers
New payment platform BOPP uses Open Banking to facilitate immediate, secure payments directly from one bank account to another.
Fintern taps AI and Open Banking to enter consumer loans market
Fintern is aiming to shake up the market for low-value consumers loans with the launch of credit technology that bypasses credit scores.
