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Industry news

SME online retailers can save £19,000 a month on transaction fees – Yolt

Open Banking technology can help small and medium-sized online retailers save an estimated £19,000 by reducing transaction fees associated with payments providers.

Bunq introduces investing feature to app

Through a partnership with birdee, ‘Easy Investments’ allows Bunq’s users to invest.

Tribal secures $60m in Series B round for LatAm push

The B2B payments platform for emerging markets plans to use the latest proceeds to build out local teams in Brazil and Mexico, among other LatAm countries.

Barclays unveils new fintech initiatives in partnership with Rainmaking

The Rise Start-Up Academy, a virtual digital skills-building accelerator for early-stage fintechs, is the first of the initiatives to launch, with more planned for later this year.

TotallyMoney chooses Bud for Open Banking

The partnership aims to create ‘an easy way for people to understand their eligibility for credit products’.

Canada’s KOHO secures C$210m in Series D round

The Canadian fintech will use the proceeds to add to its headcount and expand its product range.

TrueLayer enters Sweden as European expansion continues

Karl Hagner, former Adyen exec, has been named as country manager for Sweden.

OBIE appoints Henk Van Hulle as its new CEO to strengthen governance

Previously at Post Office Ltd, Van Hulle has pledged that the OBIE “of today” and any future entity remains “culturally progressive” and “inclusive”.

Tapline teams up with Open Banking platform Nordigen

The collaboration will provide Tapline with data on business accounts, risk analysis and credit scoring.

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