Industry news
New research by GoCardless found UK consumers are interested in using new technology that automatically moves their money from one account to another.
Curve customers will be able to make purchases via instant bank transfer, powered by TrueLayer’s VRP API.
The company, which provides banks and credit unions with an engagement banking platform, has secured backing from Motive Partners.
New joint research by Token and Open Banking Expo has found that 81% are “likely” to make an account-to-account payment in future.
JP Morgan Growth Equity Partners led the funding round, which comes less than a year after Codat’s Series B fundraising.
The latest funding round has been led by TDR Capital and will help the fintech offer automated lending by improving the accuracy of its transaction enrichment data.
The new payment feature will “give businesses the opportunity to accept and receive payments anywhere”.
The collaboration will see Yapily’s Open Banking platform integrated into OpenPayd’s embedded finance offering.
Tranch has launched on Yobotas’s our core banking platform for its UK business, following a funding round.
European Open Banking platform Tink and Revolut, the financial super app boasting more than 18 million customers worldwide, have entered into a strategic partnership for Open Banking technology.
