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Industry news

Winners of Open Banking Expo Awards 2021 show rapid pace of innovation

Awards founders predict unprecedented growth in Open Banking innovation over the next 12 months.

Insight: Ruling on VRPs is major Open Banking milestone

Yapily’s Rebecca Danks explains why VRPs for sweeping is just the starting point when it comes to unlocking Open Banking’s potential.

Germany’s Moss closes $29m Series A extension

The Berlin-based financial management platform secured funding from Peter Thiel’s Valar Ventures and confirmed it will be available in a second market before the end of 2021.

Revolut unveils earned wage access product Payday

The new feature will allow employees to withdraw a percentage of their income during the month and is intended to end dependence on short-term high-cost credit.

Open Banking Initiative Canada partners with Open Banking Expo

The not-for-profit organisation will work with Open Banking Expo to further boost the Open Banking and open finance community in Canada.

Starling Bank hires Damian Thompson from NatWest Markets

He joins the bank’s executive team as chief asset management officer.

Paysafe to buy SafetyPay in $441m deal

The acquisition, along with Paysafe’s purchase of PagoEfectivo, will help it scale in the Latin American region.

Amex and JP Morgan Private Capital back Plaid

The fintech announced the undisclosed investment as part of its Series D financing, with JP Morgan Private Capital joining existing investor Amex Ventures.

P2P lender Žltý melon and Salt Edge team up

The new Open Banking-enabled lending partnership will help to streamline the loan application process.

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