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/payments

Danish POS startup Flatpay raises €45 million

Danish fintech POS startup Flatpay has moved into Unicorn territory with a €45 million investment led by Dawn Capital with participation from Copenhagen's Seed Capital.

/retail

CFIT advances open finance pilots for consumers and SMEs

The UK Centre for Finance, Innovation and Technology (CFIT) is to build two working prototypes of open finance applications for providing financial advice to vulnerable consumers and to speed up credit assessments for SME loan applications.

/retail

10x to build Centres of Excellence in the UK, US and India with Deloitte

Core banking vendor 10x Banking has enlisted Deloite to target credit unions, building societies and mutual banks in the US and UK.

/payments

Canada's real-time payment system won't launch before 2026

The launch of Canada's oft-delayed Real-Time Rail (RTR) payments system will now not happen until at least 2026, with new tech partners IBM and CGI brought in to the process.

/startups

Ex-N26 staffers raise €35m for embedded finance startup

Finmid, a German financial infrastructure provider targeting B2B marketplaces, has emerged from stealth with €35 million in early-stage equity funding.

/retail

Fintech leads the way for UK technology investment

Fintech is back on top as the UK’s most-funded startup sector according to new analysis from HSBC Innovation Banking and Dealroom.

/crypto

Crypto.com makes major hiring push

After significant layoffs in 2022 and 2023, crypto exchange Crypto.com is embarking on a hiring spree that could add 1400 staffers to its headcount.

/markets

Zopa CEO quashes IPO speculation

Jaidev Janardana, CEO of Zopa, has blamed the media for the UK fintech sector’s focus on valuations.

/cloud

Romania's Salt goes live with Starling's SaaS platform

Romanian digital bank Salt has gone live on Starling's SaaS platform Engine, onboarding 100,000 customers in its first two weeks.

/inclusion

Project Nemo launches disability inclusion campaign

Project Nemo, a not-for-profit disability inclusion campaign, was launched yesterday during UK Fintech Week.

/markets

BoE forecasting held back by out-of-date tech - Bernanke

The Bank of England has been heavily criticised by a former chairman of the US Federal Reserve for relying on outdated technology for its economic forecasts.

/startups

Report calls for more support for female founded fintechs

UK startups outside of London should have more than one founder, ensure gender diversity and join an accelerator, according to the findings of a recently published report.