The £3 billion deposits milestone was reached by Zopa Bank this week, and our clients have established a total of 150,000 new accounts to increase their savings rates in the current difficult economic climate. The goal of Zopa is to increase the productivity of the hundreds of billions of “zombie money” that are now inactive
Remitly Global, Inc. (“Remitly”), a leading provider of digital financial services for immigrants and their families in more than 170 countries around the world, today announced the successful completion of the acquisition of Rewire. , an Israeli money transfer service was announced earlier. financial services company. immigrant worker service platform, January 5, 2023. “Today marks
The fintech landscape is changing at breakneck speed, with more innovative products and services emerging every year. For companies that have launched fintech platforms and applications, it can be difficult to stay in touch with an ever-evolving industry while ensuring sustainable growth within their own platform. However, some steps can be taken to ensure that
FinTech Circular Economy Twig has announced the acquisition of Vybe technology, the leading UK youth banking provider. This new development follows the recent acquisitions of UK companies Loopster and Mobi. the market as Twig strives to be the right platform for the Gen Z market. “We are so excited to be taking this step forward
Bondsmith, the UK’s leading provider of savings and cash management solutions to the wealth management industry, has become a Prime Member of Visa, the world leader in digital payments, to continue its mission to improve the wealth management industry. Fintech and super apps are slowly gaining market share in the wealth management industry. As a
Titan Wealth Holdings is pleased to announce the acquisition of Telford Mann Group Limited. With a £750 million AUA and over £700 million in assets under management, Telford Mann is a company of Notary Public Financial Planners and Discretionary Investment Directors, originally licensed was founded by Moore Chartered Accountants in 1988. Based on Kettering, the
On the route to fixing important inefficiencies withinside the subject of conventional economic lending and borrowing, Credefi has done a primary milestone in its partnership with the TradFi behemoth Experian. Credefi has control to steady the rights to apply Experian’s formally recognized and official logo substances to place itself as ‘Credefi – Powered through Experian.’
The payment company FOMO Pay, which has its headquarters in Singapore, declared that it has earned its Business Identifier Code and joined SWIFT as an official member (BIC), also known as SWIFT Code: FOMPSGSG. This club marks a tremendous success for FOMO Pay in its pursuit to offer greater efficient, secure, and dependable price services.
Empaxis, a logistics and intermediary operations specialist for wealth and wealth managers, has announced a partnership with EXL, a leader in data analytics and operations and digital solutions. Combining Empaxis’ extensive expertise in intermediaries and back-offices with EXL’s proven capabilities in data, analytics and digital operations, this alliance will enable both companies extend their inheritance.
The emergence of Fintech has significantly boosted financial inclusion in the country. Powered by cutting-edge technology and seamless digital experiences, financial services can be easily accessed anytime, anywhere by simply using a smartphone. One of the products that are gaining popularity with individuals is the fully digital personal loan. More than 70% of official credit
Splitit, the only white label service that allows customers to pay in installments using the credit existing on their payment card at checkout, and Worldline, the world leader in payment services, announce the signing of entered into a partnership agreement with Worldline to provide card installment services with integrated payment solutions to Worldline’s vast network
In a rapidly changing business landscape, organizations need faster innovation and deployment cycles to meet customer needs and improve customer experience, resulting in good customer retention. than. When it comes to financial institutions, data security and transparent implementation are key to digitizing processes. Driving innovation by implementing the right automation solutions, financial institutions can increase
