Fintech

Nationwide Building Society has become the 35th deposit taker to join London-Based fintech Flagstone’s cash platform, in a deal that will open up a number of new savings products to Flagstone clients.

Funderbeam, the global funding and trading platform, has raised US$4.5 million in Series A funding, led by UK-based Accelerated Digital Ventures (ADV).

Mastercard’s mobile payments service ‘Pay by Bank app’ has entered into a strategic partnership with London payments, marketing and loyalty commerce platform, Yoyo.

A US fintech startup called Plaid, which operates a plaform for financial transactions and data transfer, said it’s opened up for business in the UK despite the uncertainty around Brexit.

US customer relationship management giant, Salesforce, has launched a $125 million Europe Trailblazer Fund to continue to fuel enterprise cloud startups.

Checkout.com, the global payment solutions provider, has raised $230m in what is Europe’s largest fintech Series A round ever, and globally the third largest fintech Series A round of all time.

Britain’s services sector returned to growth last month, according to the latest monthly data from IHS Markit/CIPS.

Innovate Finance, FinTech Scotland and FinTech North have come together to create a national network that will encourage innovators acrss the UK to connect and form multiple FinTech hubs and centres of excellence.

The annual Innovate Finance Global Summit (IFGS) returns to London today, taking over the Guildhall in the City of London for two days.

London-based challenger bank, iwoca, said it’s overtaken two banking powerhouses in the small business and entrepreneur funding market.

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