Industry news
The fintech, which helps renters reach home ownership, secured backing from Sequoia Capital, as well as actor Will Smith’s Dreamers VC and Jay Z’s Roc Nation’s venture investment arm.
The Series A was led by Mercato Partners and comes as Prime Trust surpassed $100 million in annual revenue-run rate.
Aviva, Capita and Mercer are among seven organisations that have signed up to the initial test phase to help develop pensions dashboards.
The deal to buy the digital retirement and savings group will allow Lloyds to meet the ‘broader financial needs’ of its customers.
The fintech has joined forces with Minna Technologies to enable enterprise clients to manage their subscriptions to services like Netflix and Spotify.
It has bought Spanish Open Banking provider MyValue Solutions with a capital injection from Claret Capital.
The buy-now-pay-later firm has acquired Stockholm-based APPRL, adding to its retailer support expertise.
The CMA9 will have six months to implement variable recurring payments, according to a letter from the CMA to the OBIE’s Imran Gulamhuseinwala.
The new partnership will see Lloyds Bank Commercial Banking use Mastercard’s Open Banking merchant payment solution to launch PayFrom Bank.
During the months of trying Aiia’s payment platform, Velliv experienced that customers preferred paying with their bank account.
