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Industry news

Enfuce collaborates with Visa for card issuing service

The new programme, powered by Visa, will mean that European fintechs can issue payment cards in eight weeks.

Revolut teams up with Clear Books

The new accounting partnership will allow Revolut business customers to set up draft payments directly from Clear Books ‘in a couple of taps’.

HSBC and ING lead funding round in Divido

The BNPL platform secured $30m in the Series B round and will use the proceeds to expand internationally.

Clim8 receives ‘media-for-equity’ investment

The sustainable investment platform and app has secured £2 million from Channel 4 Ventures, with a TV advertising campaign due later in 2021.

Belvo secures $43m in Series A funding round

New investors Future Positive, Kibo Ventures and FJLabs participated in the Latin American open finance platform’s fundraising.

Cushon raises £26m to acquire master trust

Augmentum Fintech led the fundraising, which will enable the workplace savings fintech to buy another master trust, following its acquisition of Salvus Master Trust in 2020.

Insight: Preventing payment fraud

Emma Lovell, CEO of the Lending Standards Board, writes about the increased risk of APP scams and what the industry can do to protect consumers.

Funding Circle partners Atom to lend £300m to SMEs

The lending partnership will deploy new funding to around 4,000 small businesses and follows announcement that Funding Circle has been accredited under the British Business Bank’s Recovery Loan Scheme.

XFW21 to focus on customers and society

This year Amsterdam FinTech Week will be run as an online-only event, with special guests including Jan Ceyssens of the European Commission and De Nederlandsche Bank’s Steven Maijoor.

Railsbank hires general manager for Australia

Ben Smith, who joins from WorldFirst, will focus on the strategic development of products and operations in the Australian market

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