Category: Fintech

United Fintech announces new office in Madrid
August 02, 2022 BY Steffy Bogdanova

United Fintech opens a developer hub in Madrid

Erik Nordahl, CTO, United Fintech added: Our expansion in Madrid is a great strategic move, enabling us to continue to access top technology talent for our own initiatives, client projects, and to help scale our portfolio companies. The impact of our global sales force is resulting in increased activity for our portfolio companies and the…

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Equinix expands footprint in India with a fourth data centre
July 28, 2022 BY Steffy Bogdanova

Equinix net income reaches $216 million in Q2

In June this year, Equinix appointed Fidelma Russo and Jeetu Patel to its board of directors. Earlier this year, the digital infrastructure company expanded its global presence in  Chile and Peru. Next quarter outlook The company stated that for the third quarter of 2022, it expects a 1-2 % increase in revenue compared to Q2,…

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Australia
July 25, 2022 BY Steffy Bogdanova

Volt Bank returns all client deposits

Most of Volt’s clients initiated transfers to other banks. Now the bank has voluntarily transferred the balances of the remaining 441 customers, a total value of AU$113,073, to the National Australia Bank (NAB). The official announcement said: APRA closely monitored the return of deposits process, and formally approved the transfer of deposits to NAB using…

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July 13, 2022 BY Steffy Bogdanova

Illuminate Financial announces investment from Citi

Sandeep Arora, Head of Digital and Chief Investment Officer of Citi's Institutional Clients Group, said: Citi has a strong track-record of partnering with FinTechs to build digital solutions for our clients and believe this strategic investment will provide earlier visibility into new technologies and complement our direct investing program. Mark Beeston, Founder and Managing Partner…

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Cornerstone revenue
July 11, 2022 BY Steffy Bogdanova

Cornerstone FS sees strong revenue growth in H1 2022

Much of the gains were attributed to the Group’s Asia team that was brought on board in the second half of 2021. This change to majority direct revenue has had a positive impact on the Group’s gross margin. This is expected to rise 61% for the first half of 2022 from 38.1% for the same…

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First Derivative opens new office inPoland
June 21, 2022 BY Steffy Bogdanova

First Derivative announces a new office in Poland

David Collins, Managing Director, First Derivative, said: We have ambitious plans for Poland, and Łódź is the perfect location to expand our presence in engineering and strengthen our solutions Head of the Polish office To lead the new office, First Derivative has appointed Szymon Kaczmarczyk. Before he joined the company, he held a management role…

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Ziglu teams up with ClearBank to expand banking offering
June 08, 2022 BY Steffy Bogdanova

Ziglu teams up with ClearBank to expand banking offering

With this partnership, Ziglu’s end-customers can take advantage of safeguarded accounts that the ClearBank’s platform gives them. ClearBank payments are cleared in-house and funds, held securely at the Bank of England, are not used for investment purposes. According to the official announcement, the two firms are currently exploring a future phase of the partnership to…

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Stripe launches Stripe App Marketplace
May 25, 2022 BY Steffy Bogdanova

Stripe launches Stripe App Marketplace

Jon Fasoli, chief product and design officer at Mailchimp, added: Let’s say, for example, a business owner wants to automate a targeted message when a customer makes a purchase, sending them a specific discount offer to encourage repeat purchases. The Mailchimp app automatically syncs this customer’s information between Stripe and Mailchimp, streamlining their operations and…

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