A Dublin-based social payments outfit founded by former Facebook and Wonga staffers Charles Dowd and Clive Foley has raised €25 million in a Series A funding round led by private investment trust, Swiss Privée.
Fidor Solutions has lured ABN Amro's EVP for IT Geert Ensing to take on the role of chief information officer as it steps up its international expansion strategy.
The Brexit cloud may loom large but, for now, the UK remains at the centre of Europe's financial technology scene, home to nearly two thirds of the firms that make it into this year's FinTech50.
Digital only Atom Bank has put plans to open a current account on ice as it faces up to a slew of new regulations set to land over the course of the next year.
Five of the eleven startups graduating from Startupbootcamp's 2017 Indian accelerator programme have secured pilots with bank sponsors RBL and Icici.
Finextra and the Euro Banking Association have selected 15 of Europe's most promising startups to present their ideas to banking delegates attending EBAday 2017, the continent's leading payments and transaction banking event.
P2P pioneer Zopa has raised £32 million in funding to help support the build-out of the company’s technology infrastructure and product range in preparation for the submission of its bank licence application later this year.
Yolt, a money management app backed by Dutch banking giant ING, has launched in the UK in open beta.
Bank of Montreal is bidding to strengthen its fintech partnership ties with the launch of a second four-month accelerator programme with the DMZ incubator at Ryerson University.
Two Australian fintech associations have welcomed a commitment by the country's securities regulator to step up research and investment in technologies that could help ease the compliance burden for new companies entering financial services.
© Finextra Research 2017