As the UK economy continues to face challenges, small and owner-managed businesses are struggling to manage their finances, especially cash flow. Penny, a leading digital lender, is committed to providing access to finance for UK SMEs. Their latest solution, Penny Connect, is a partner integration solution that enables platforms to integrate with the Penny network and offer tech-driven invoice finance
Elyn, a French FinTech company, has raised $2.7 million in its pre-seed funding round. The investment was led by Headline and Sequoia Arc. The platform aims to provide customers with better flexibility and convenience in online shopping. Offering a unique “try-before-you-buy” option Elyn’s unique offering provides customers with the ability to try items before they have to pay for them.
In today’s digital age, marketplace businesses depend on frictionless payment experiences to boost user satisfaction and revenue. This is where MANGOPAY and PayPal come in, two industry leaders in the world of online payments. The strategic partnership between the two companies is not a recent development, but the latest announcement reveals a notable extension of this relationship, with enhanced functionality
In the realm of digital advertising, two companies reign supreme: Google and Facebook. These tech giants provide the means for marketers to reach their target audience through search and display ads or social media campaigns. Despite their extensive offerings, is it wise to depend solely on Google and Facebook? In this article, we will explore the potential addiction to these
The world of online payments is undergoing major changes with the introduction of open banking standards and best practices. Now, customers of Capitec Bank have the opportunity to make secure payments from their bank accounts with the help of Peach Payments and its new payment solution, Capitec Pay. This revolutionary integration of open banking with payment solutions promises to revolutionize
Financial technology has been growing rapidly in recent years, creating innovative solutions for the financial services sector. Among them is Treasury Prime; a cutting-edge company that is revolutionizing the way businesses access banking services. Treasury Prime’s platform offers a suite of APIs and financial products that allow businesses to access a network of sixteen banks, giving them access to a
Wells Fargo, one of America’s most well-known banks, recently announced the launch of their new digital platform, LifeSync. This comprehensive wealth management solution is designed to give users full access to up-to-date information on their net worth, portfolio performance, market indices, FICO scores and credit card reward balance. Michael Liersch, head of WIM Advice and Planning at Wells Fargo, explained
The concept of embedded finance, also known as open banking or platform banking, is revolutionizing the world of finance by providing a more streamlined customer experience. By seamlessly tying financial solutions into existing products and processes, companies are able to offer their customers a more comprehensive suite of financial services beyond their traditional offerings. This type of banking enables customers
Quantifind is a provider of advanced financial crime risk management technology that has recently secured a $23 million investment round led by DNS Capital with additional contributions from US Venture Partners, Valor Equity Partners, and S&P Global. This infusion of capital has allowed the firm to extend its reach into foreign countries, boost its global brand recognition, and improve its
A new report released by Kidbrooke has revealed the potential of wealth planning software to help insurance companies adhere to regulations, as well as monetise dormant customer segments in their existing books. The challenge of monetising these dormant customers is compounded by the issue of ‘orphans’ – customers who have lost contact with their IFA and no longer have access
Sprout, a UK-based platform for private investors to access venture capital funds, has recently announced the completion of its pre-seed funding round. The round was led by Digital Asset Capital Management and AngelHub, with other prominent backers such as Dhuna Ventures, Stacks Ventures, and Gossamer Capital also taking part. This $1m investment marks a major milestone for the company, which
Bain Capital Ventures and Altai Ventures have recently concluded the establishment of a new $53 million fund focused on fintech and InsurTech, a move that demonstrates their shared vision for building iconic companies and working closely with startup founders. The new fund is poised to tackle some of the major issues faced by the financial services industry, which is currently
