Russell Westbrook will help co-create a new impact platform aimed at underserved communities for the country’s only social-impact focused national digital bank Varo Bank, America’s first all-digital nationally chartered bank, today announced an extensive engagement with Russell Westbrook, nine time NBA All-Star, NBA MVP, entrepreneur, philanthropist, and designer. Mr. Westbrook
Internet company Opera is moving into financial services with the launch of Dify, an in-browser cashback service and digital wallet for online shopping.Launching first in Spain, the the initial version of the Dify app ships with a current account, a free virtual debit card issued by Mastercard, as well
A relative newcomer on the scene, Joompay was founded in 2019 in Windhof, Luxembourg. The company aims to develop the increasingly popular P2P payments model with simple, fast and secure transactions across the entirety of Europe. Also gaining momentum are card payments, particularly in the 12 months since the start of
Sopra Banking Software, leading partner of over 1,500 financial institutions across the world, announces the launch of its Marketplace aiming at accelerating modernisation and platformisation of banking and financial systems.This new Marketplace consolidates all offers provided by its partner FinTech. It will enable banks and financial institutions to leverage
Mollie, Amsterdam-based payment service unicorn, has announced its expansion into the UK market to help merchants with European growth post-Brexit. As a result, the Dutch fintech company has enhanced its service available to UK companies who can incorporate a variety of EU payment methods into their e-commerce websites. Appointed
GuardianCard – a fintech headquartered in Hull, UK, – has launched a virtual card created to safeguard the finances of vulnerable customers. The card, which provides a solution for vulnerable people open to financial abuse, was created following personal experiences of the fintech’s founders. Aiden McAllister and Nick Thompson
In normal circumstances, life as a small and medium-sized enterprise (SME) is far from straight forward. Throw in a year-long global pandemic, crippling recession and three national lockdowns, even the most buoyant of SMEs will find themselves struggling for financial breath. The UK government has so far, offered billions
While large venture funding rounds often grab the headlines, more tools continue to spring up to offer founders alternatives to what can be costly dilutive equity rounds. While venture debt, shred earning agreements (SEALs), simple agreement for future equity (SAFEs), and revenue-based financing all have proliferated in popularity to
Monument confirms £28 million fund raise
Monument, a digital banking startup for the well-heeled, has landed £28 million in new funding from existing backers and a trio of angel investors. Since inception, Monument has raised circa over £40m in funding, and it is now well placed to complete the build of its technological and operational capabilities and to be ready for launch in the Summer of 2021. The new investors in the firm are Eric Zinterhofer, of Searchlight Capital, entrepreneur Rakesh Loonkar and Harry Handelsman, founder and CEO of the Manhattan Loft Corporation. The startup, which is targeting people with between £250,000 and £5 million
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Based in Amsterdam with multiple offices around the world, PCN is a specialist leading supplier of executive recruitment, RPO services and headhunting in the fintech, payments, SaaS, eCommerce and Cyber security industry.