OBE Chevrons Orange

Latest news

Siam Commercial Bank makes $100m investment in Akulaku

The Indonesian banking and digital finance platform will use the investment to help fund its expansion in Southeast Asia.

Yapily lists Open Banking solution on AWS Marketplace

Yapily’s first listing on the digital catalogue will expand its cloud offering.

Number of Open Banking UK users surpasses 5m

The latest data from the OBIE revealed that active users in the UK went from 4 million to 5 million in only four months.

TSB unveils Open Banking payments app for UK SMEs

The bank has partnered with Bankifi for the launch of the Revenu app, which aims to help TSB’s small business customers collect payments.

Nucoro appoints former Yapily CCO Matt Cockayne

He joined Nucoro, a wealthtech platform, in January this year in the role of chief revenue officer, having left Yapily in April 2021.

Lithuania’s ConnectPay partners with Salt Edge

Salt Edge’s solution will enable ConnectPay to offer Open Banking payments in Germany and the Netherlands.

Barclays calls for more robust regulation of BNPL products

Barclays calls for more stringent regulation of BNPL products following the release of new research which suggests the lack of consistent affordability assessments has led shoppers to take on more debt than they can afford to repay.

Banked completes $20m Series A funding round led by Bank of America

Banked has announced the completion of a $20 million Series A funding round led by Bank of America and Edenred Capital Partners.

Stitch raises $21m to build the future of Africa’s fintech

South Africa’s API fintech Stitch has raised $21 million in a Series A round led by New York’s Spruce House Partnership.

Buy Now, Pay Later

Santander enters Buy Now Pay Later space with its new Zinia platform

Spanish bank Santander is launching its own Buy Now Pay Later (BNPL) service in Europe with the roll-out of Zinia, a new consumer financing platform that allows shoppers to split their purchases over monthly interest-free instalments in online and physical stores. The app will initially be made available in the…