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Tag: Open banking

TrueLayer Cuts Workforce Amid Profitability Push and $50M Funding Boost

Workforce Reductions: TrueLayer, an open banking payments company based in London, laid off 71 employees—roughly 25% of its...

UK Government Unveils Strategy to Boost Financial Services Growth and Innovation

Driving Competitiveness in Finance: The new Labour government, led by Chancellor Rachel Reeves, announced plans to reform financial...

UK Government Unveils Plans to Boost Growth and Competitiveness in Financial Services

The UK government, led by Chancellor Rachel Reeves, has announced a strategic plan to enhance growth and competitiveness in...

Bank of New Zealand Acquires BlinkPay to Boost Open Banking Solutions

Bank of New Zealand (BNZ) has acquired Auckland-based open banking fintech BlinkPay to expand its leadership in New...

Konsentus Chosen to Drive Open Banking API Standards for Bank of Namibia

UK-based regtech Konsentus has been selected by the Bank of Namibia to establish API guidelines as part of...

Santander UK enters open banking payments partnership with Token.io

Santander UK, a subsidiary of Banco Santander, has partnered with Token.io to enhance its open banking infrastructure. The...

Banked buys open banking paytech Waave to drive Pay by Bank solution in Australia

Banked, a UK-based fintech, has acquired Waave, a Sydney-based open banking paytech company. The acquisition is aimed at...

UK credit card start-up Yonder secures £23.4m in fresh funding

Funding Raised: £23.4 million. Lead Investors: RTP Global and Repeat (formerly Jigsaw VC), with additional support from LocalGlobal,...

Visa prepares for 2025 launch of Visa A2A in UK

Visa A2A will launch in the UK in 2025, offering account-to-account (A2A) payments for greater consumer control and...

Leeds Credit Union partners LendingMetrics and Singlify for new loan decisioning platform

New Platform Introduction: Leeds Credit Union is launching a new loan decisioning platform in collaboration with LendingMetrics and...

UK challenger Zopa taps ClearScore’s D•One for open banking-powered credit assessments

Zopa Expands Partnership with ClearScore Group for Open Banking Technology Key Highlights:Partnership Expansion:Parties Involved: Zopa (UK digital bank)...

Adfin wants to fix bill payments for sole traders and small companies

Company Overview:Name: Adfin Type: Fintech startup Location: UK Founders: Tom Pope (CEO) and Ciprian Diaconasu (CTO) Funding:...