Tag: PayTech News Europe
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...
Form3 bags $60m Series C extension with new investor British Patient Capital
Form3, a UK-based paytech, raised $60 million in a Series C extension round.
British Patient Capital, a subsidiary...
Enfuce to launch dual-function E2 card in UK, France and Germany with Mastercard
Enfuce, a Finnish issuer processor, has partnered with Mastercard to expand its E2 card offering to Germany, France,...
McLEAR sunsets payment ring programme
Closure of RingPay Programme: McLEAR, a wearable tech company for payments, has announced the discontinuation of its flagship...
Revolut taps Visa Direct for cross-border business payments
Instant Card Transfer Launch: UK challenger bank Revolut is launching instant card transfer capabilities for its business customers...
Dutch paytech Adyen names Tom Adams as new CTO
New CTO Appointment: Tom Adams, a former executive at Cash App, has been appointed as the new CTO...