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.
MyIdentity selects Armalytix’s technology to create proof of wealth solution for the property market
Armalytix selected to be a provider for the government-backed MyIdentity scheme to help create a digital record of identification and source of funds.
Tink research finds 88% of consumers abandon payments with friction
Open banking platform Tink reveals sky-high expectations for seamless, secure payment transactions, without friction.
CellPoint and Continuum partner to bring new payment orchestration capabilities to expanded segments
CellPoint Digital announces a strategic partnership to expand its successful relationship with Continuum Commerce.
Wirex Wallet launches NFT functionality and new payment methods
The Wirex Wallet, hailed as the world’s first mass-market non-custodial wallet, has expanded its next generation features and functionality.
