Monese, the London-based #fintech that provides digital banking and remittance services to consumers and businesses across Europe, has raised $35 million from global banking giant HSBC.
Founded in 2013, Monese is one of several so-called “challenger” banks to emerge from the U.K. capital, serving customers with a range of online-only services including standard cash accounts, savings and international money transfers.
#digitalbanking #banking #money #investment #raisecapital #banks #london
Founded in 2013, Monese is one of several so-called “challenger” banks to emerge from the U.K. capital, serving customers with a range of online-only services including standard cash accounts, savings and international money transfers.
#digitalbanking #banking #money #investment #raisecapital #banks #london
TechCrunch
European neobank Monese nabs $35M from HSBC
Monese, the London-based fintech that provides digital banking and remittance services to consumers and businesses across Europe, has raised $35 million from global banking giant HSBC.
MoCA Financial, the leader in advanced digital account platforms featuring virtual cards and payment processing solutions, announced today that it has joined the newly launched Banking-as-a-Service (#BaaS) Association to further its commitment to support community banks.
#banking #banks #digital #community
#banking #banks #digital #community
BusinessWire
MOCA Joins Banking as a Service Association BaaS to further support community banks
MOCA Financial, the leader in advanced digital account platforms featuring virtual cards and payment processing solutions, announced today that it has
Temenos today announces that Bank Sinopac Ltd., one of Taiwan's largest banks, has selected Temenos to advance its digital banking capabilities.
Temenos digital banking solution on Temenos open platform for composable banking will enable Bank Sinopac Ltd. to differentiate in a crowded banking market with seamless and personalized digital banking experiences, helping it attract new customers and grow wallet-share.
#banking #share #digitalbanking #banks #taiwan #temenos #sinopac
Temenos digital banking solution on Temenos open platform for composable banking will enable Bank Sinopac Ltd. to differentiate in a crowded banking market with seamless and personalized digital banking experiences, helping it attract new customers and grow wallet-share.
#banking #share #digitalbanking #banks #taiwan #temenos #sinopac
Finextra
Taiwan's SinoPac selects Temenos
Temenos (SIX: TEMN) today announces that SinoPac, one of Taiwan's largest banks, has selected Temenos to advance its digital banking capabilities.
Finastra and Visa have partnered to develop a new banking-as-a-service (#BaaS) offering that will enable banks and financial institutions to offer faster cross-border payouts in multiple currencies and countries.
The service will add new functionality to Finastra’s Payments Hub and implement Visa Direct, which provides access to more than two billion accounts through push to account offerings.
#banking #payments #banks #bankingasaservice #finastra #visa #fintechnews
The service will add new functionality to Finastra’s Payments Hub and implement Visa Direct, which provides access to more than two billion accounts through push to account offerings.
#banking #payments #banks #bankingasaservice #finastra #visa #fintechnews
Technology Record
Finastra and Visa collaborate on banking-as-a-service offering
Finastra and Visa have partnered to develop a new banking-as-a-service (BaaS) offering that will enable banks and financial institutions to offer faster cross-border payouts in multiple currencies...
Swiss banking software provider Temenos has cut its targets for 2022 due to rising costs, banks delaying the signing of contracts and ongoing wider market uncertainty.
In its Q3 results, the firm revised its annual recurring revenue (ARR) guidance for FY 2022 from 18-20% to 17-18% and its software licensing growth from 16-18% to 0%.
#growth #banking #software #banks #temenos
In its Q3 results, the firm revised its annual recurring revenue (ARR) guidance for FY 2022 from 18-20% to 17-18% and its software licensing growth from 16-18% to 0%.
#growth #banking #software #banks #temenos
FinTech Futures
Temenos cuts 2022 guidance, CRO leaves after just seven months
Swiss banking software provider Temenos has cut its targets for 2022 due to rising costs, banks delaying the signing of contracts and ongoing wider market uncertainty.
Affin Bank Group, one of the leading banks in Malaysia, has partnered with Aspire Systems, a global technology services firm, to lead its digital transformation journey.
#technology #digitaltransformation #banks #affin #bank #digitalbank
#technology #digitaltransformation #banks #affin #bank #digitalbank
The Manila Times
Malaysian bank partners with Aspire to accelerate digitalization
AFFIN Bank Berhad, one of the leading banks in Malaysia, has partnered with Aspire Systems, a global technology services firm, to lead its digital transformation journey.With rapid...
Temenos today announced that it has passed 850 customers with Temenos Infinity digital banking platform, successfully delivering implementations across client tiers and multiple geographies.
A raft of banks have gone live with Temenos Infinity from banks in Europe, Middle East and Africa such as Credem Banca, Suez Canal Bank and Arab Tunisian Bank ATB Bank to Virgin Money part of Bank of Queensland (BOQ) in Australia, BCP Peru in LATAM and a top tier bank in the U.S.
#temenos #clients #banks #cloud #product #digital #fintech #fintechnews
A raft of banks have gone live with Temenos Infinity from banks in Europe, Middle East and Africa such as Credem Banca, Suez Canal Bank and Arab Tunisian Bank ATB Bank to Virgin Money part of Bank of Queensland (BOQ) in Australia, BCP Peru in LATAM and a top tier bank in the U.S.
#temenos #clients #banks #cloud #product #digital #fintech #fintechnews
Temenos
Temenos Hits Milestone of 850 Clients on its Digital Banking Platform
Temenos Infinity offers composable digital banking solutions across customer tiers and geographies
Thought Machine, the cloud-native banking technology company, today announces it is powering Trust Bank Singapore, the first of Singapore’s cloud-native digital banks. Trust is a rapidly growing digital-only bank with an exceptional user experience built in the cloud.
#technology #railsr cloud #banking #digital #bank #userexperience #singapore #banks #fintech #fintechnews
#technology #railsr cloud #banking #digital #bank #userexperience #singapore #banks #fintech #fintechnews
BusinessWire
Trust Bank Selects Thought Machine to Power the First of Singapore’s New Wave of Digital Banks
Thought Machine, the cloud-native banking technology company, today announces it is powering Trust Bank, the first of Singapore’s cloud-native digital
The five digital banks licensed by the Monetary Authority of Singapore (MAS) are now members of the island state’s credit bureau. This brings the Credit Bureau Singapore Pte Ltd’s (CBS) members to 36.
The two full digital banks Grab and Singtel’s GXS Bank and Sea’s MariBank are required inter alia to submit consumer data related to credit reporting to CBS.
#data #digital #singapore #banks #bank #license #mas #grab #gxsbank #maribank #fintech #fintechnews
The two full digital banks Grab and Singtel’s GXS Bank and Sea’s MariBank are required inter alia to submit consumer data related to credit reporting to CBS.
#data #digital #singapore #banks #bank #license #mas #grab #gxsbank #maribank #fintech #fintechnews
Temenos has announced that it has signed an agreement to grant license rights to NdcTech, a wholly owned subsidiary of Systems Limited and one of its largest regional system integrators partners, to develop further and market the Temenos Country Model Banks on top of Temenos open platform for financial institutions in these seven Middle Eastern countries.
#banks #temenos #ndctech #license #integrator #fintech #fintechnews
#banks #temenos #ndctech #license #integrator #fintech #fintechnews
The Nation
Temenos signs agreement to grant license rights to NdcTech
LAHORE-Temenos (SIX: TEMN) has announced that it has signed an agreement to grant license rights to NdcTech, a wholly owned subsidiary of Systems Limited and
Japanese fintech SmartPay has launched a new service that will allow customers to pay for goods online in instalments, straight from their bank account.
SmartPay, which was founded in June 2021, is utilising Japan’s open banking ecosystem to connect consumers through a network of more than 60 partner banks across Japan.
#fintech #banking #banks #network #bank #smartpay #japan #bnpl #fintech #fintechnews
SmartPay, which was founded in June 2021, is utilising Japan’s open banking ecosystem to connect consumers through a network of more than 60 partner banks across Japan.
#fintech #banking #banks #network #bank #smartpay #japan #bnpl #fintech #fintechnews
Fintechmagazine
Tokyo-based fintech Smartpay brings BNPL boom to Japan
Japanese fintech Smartpay is bringing the buy-now-pay-later (BNPL) revolution to Japan, where over 60% of transactions currently take place using cash
Open Banking solutions provider Salt Edge is expanding its business in the middle east by launching operations in the Hashemite Kingdom of Jordan.
The technology vendor aims to aid Jordanian banks and other local financial institutions by offering innovative solutions
#business #technology #banking #banks #middleeast #openbanking #fintech #fintechnews #saltedge
The technology vendor aims to aid Jordanian banks and other local financial institutions by offering innovative solutions
#business #technology #banking #banks #middleeast #openbanking #fintech #fintechnews #saltedge
Retail Banker International
Salt Edge launches in Jordan to offer open banking solutions
Salt Edge is expanding its business in the middle east by launching operations in the Hashemite Kingdom of Jordan.
Temenos today announced that it has expanded its Banking-as-a-Service (#BaaS) capabilities on Temenos Banking Cloud to meet the technology needs of organizations offering BaaS from licensed banks to specialist BaaS providers servicing brands or fintechs.
#banking #banks #cloud #technology #temenos #api #fintech #fintechnews
#banking #banks #cloud #technology #temenos #api #fintech #fintechnews
Temenos
Temenos advances platform capabilities to accelerate Banking-as-a-Service
Temenos is the banking platform of choice for embedded finance, enabling licensed banks and BaaS providers to offer BaaS to brands and fintechs
Bitpanda has launched an investment-as-a-service offering for crypto, allowing banks and fintech platforms to integrate trading services into their apps
European digital asset platform Bitpanda has launched an investment-as-a-service product for banks, fintechs and other platforms.
#fintech #digital #investment #trading #banks #bitpanda #Vienna #fintechnews
European digital asset platform Bitpanda has launched an investment-as-a-service product for banks, fintechs and other platforms.
#fintech #digital #investment #trading #banks #bitpanda #Vienna #fintechnews
Fintechmagazine
Bitpanda launches crypto 'investment-as-a-service' offering
Bitpanda has launched an investment-as-a-service offering for crypto, allowing banks and fintech platforms to integrate trading services into their apps
BRAC Bank Limited, one of the leading private banks in the country, announced Thursday that it is turning its digital banking app Astha into a super app.
The company introduced a new iteration of the app and added a bunch of diverse features under the name Astha lifestyle that includes video and music streaming, online learning, online travel services, Islamic content, bill payments, shopping, and several other services.
#payments #digitalbanking #banks #bank #travel #content #video #app #superapp #fintech #fintechnews
The company introduced a new iteration of the app and added a bunch of diverse features under the name Astha lifestyle that includes video and music streaming, online learning, online travel services, Islamic content, bill payments, shopping, and several other services.
#payments #digitalbanking #banks #bank #travel #content #video #app #superapp #fintech #fintechnews
Future Startup
BRAC Bank looks to turn its digital banking app Astha into a super app, Super app assumptions, and BRAC Bank’s strategic motivation…
BRAC Bank, one of the leading private banks in the country, announced Thursday that it is turning its digital banking app Astha into a super app.
Treasury Prime co-founder and CEO Chris Dean believes that the best outcomes for consumers will result from traditional banks and fintechs working together.
The banking-as-a-service startup has worked to build relationships with both banks and fintechs. And Dean believes Treasury Prime’s ability “to keep both sides happy” has contributed to its ability to grow its revenue by nearly 400% and accounts by more than 450% since it raised a $20 million Series B in May of 2021.
#startup #banking #ceo #ceo #baas #investment #funding #fintech #fintechnews #banks
The banking-as-a-service startup has worked to build relationships with both banks and fintechs. And Dean believes Treasury Prime’s ability “to keep both sides happy” has contributed to its ability to grow its revenue by nearly 400% and accounts by more than 450% since it raised a $20 million Series B in May of 2021.
#startup #banking #ceo #ceo #baas #investment #funding #fintech #fintechnews #banks
TechCrunch
Proving that banking as a service is hotter than ever, Treasury Prime raises $40M Series C
Treasury Prime co-founder and CEO Chris Dean believes that the best outcomes for consumers will result from traditional banks and fintechs working together.
Digital bank Monzo Bank has launched its first ever instant-access savings account paying 3% interest.
Competition is ramping up in the easy-access market among digital banks and Monzo Bank is the latest to bring a 3% account to the table.
The instant access account has no minimum deposit and anyone with a Monzo Bank account can open it.
#digital #banks #bank #savings #account #deposit #fintech #fintechnews
Competition is ramping up in the easy-access market among digital banks and Monzo Bank is the latest to bring a 3% account to the table.
The instant access account has no minimum deposit and anyone with a Monzo Bank account can open it.
#digital #banks #bank #savings #account #deposit #fintech #fintechnews
Your Money
Monzo launches instant-access savings account paying 3% - Your Money
Digital bank Monzo has launched its first ever instant-access savings account paying 3% interest.
UK-based fintech firm Monzo Bank has been approached by several investment banks about a potential initial public offering (IPO), reported Business Insider.
People aware of the matter told the publication that the fintech has received offers from banks eager to handle a prospective IPO.
#fintech #business #investment #people #banks #bank #neobank #uk #monzo #ipo #fintechnews
People aware of the matter told the publication that the fintech has received offers from banks eager to handle a prospective IPO.
#fintech #business #investment #people #banks #bank #neobank #uk #monzo #ipo #fintechnews
Retail Banker International
Investment banks approach UK fintech Monzo for IPO
Monzo has been approached by several investment banks about a potential initial public offering (IPO), reported Business Insider.
ClearBank, a fintech company founded in 2015, has emerged as a formidable challenger to the Big Four clearing banks in the UK, with plans for expansion and profitability in the coming years.
ClearBank made history as the first UK player to enter the clearing bank market in 250 years, and has rapidly gained traction with its underlying technology for processing and settling cheques and transactions for other financial institutions.
#fintech #technology #banks #bank #clearing #clearinghouse #banking #uk #fintechnews
ClearBank made history as the first UK player to enter the clearing bank market in 250 years, and has rapidly gained traction with its underlying technology for processing and settling cheques and transactions for other financial institutions.
#fintech #technology #banks #bank #clearing #clearinghouse #banking #uk #fintechnews
Next Gen Hero
Fintech ClearBank Emerges as a Formidable Challenger to the Big Four Clearing Banks - Next Gen Hero
Clearbank has emerged as a formidable challenger to the Big Four clearing banks in the UK.
The new company is called XYB Limited, and will take over Monese’s client relationship with Investec.
Monese is the latest digital banking app to do just that, with news today that XYB Limited has been set up as a new subsidiary and brand to take over Monese’s client work.
#baas #digitalbanking #banking #xyb #monese #starling #uk #banks #fintech #fintechnews
Monese is the latest digital banking app to do just that, with news today that XYB Limited has been set up as a new subsidiary and brand to take over Monese’s client work.
#baas #digitalbanking #banking #xyb #monese #starling #uk #banks #fintech #fintechnews
AltFi
Monese joins Starling in creating a new subsidiary for banking-as-a-service push - AltFi
The new company is called XYB Limited, and will take over Monese’s client relationship with Investec.