Tag: PayTech News Europe
Mambu Acquires Numeral to Boost Payment Solutions and Expand Market Reach
Mambu Acquires Numeral: Dutch core banking technology provider Mambu has acquired French paytech Numeral to enhance its payment...
Cardstream Appoints Gurinder Sumra as CFO to Drive Growth
UK-based paytech Cardstream has named Gurinder Sumra as its new chief financial officer (CFO).
With over 30 years...
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...
Trust Payments Appoints Laurence Booth as New CEO to Drive Growth
Trust Payments, a leading London-based paytech company, has appointed Laurence Booth as its new CEO.
Booth, who had...
Klarna IPO, New York Stock Exchange, fintech news, Klarna valuation, BNPL IPO
Swedish buy now, pay later (BNPL) leader Klarna has officially announced its decision to pursue its initial public...
American Express to acquire UBS’s 50% stake in Swisscard, becoming sole owner
Acquisition Details: American Express (Amex) will buy UBS’s 50% stake in Swisscard AECS, making Amex the sole owner....
Klarna sells UK loan portfolio to hedge fund Elliott Advisors in £30bn deal
Klarna has signed an agreement with a subsidiary of Elliott Advisors (UK) Limited to sell “substantially all” 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...
Nexi Group lands €220m financing from the EIB
Nexi Group Secures €220M Financing: Italian paytech Nexi Group received €220 million in funding from the European Investment...
Solaris to “discontinue major parts” of EMI business
Solaris Discontinues Major EMI Operations: German embedded finance platform Solaris announced it will discontinue significant parts of its...
BIS’ Project Agorá to commence design phase with private sector participants confirmed
Project Overview: Project Agorá, led by the Bank for International Settlements (BIS), aims to explore how tokenisation can...
Form3 bags $60m Series C extension with new investor British Patient Capital
Form3 closes a $60 million Series C extension with British Patient Capital as a new investor.
Funding will...