Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Company update/people

Ubiquity expands exec team to support UK and US growth

Ubiquity, a leading global business process outsourcer for industry innovators, today announces the following three executives have joined its world-class team to support business development across the U.S. and expand its footprint in the U.K. and Europe: Brad Richardson as chief sales officer; John Goodale as executive director, head of Europe; and Leonel de Oliveira as executive director of finance, Europe.

02 June 2023

Company update/people

Iliad Solutions appoints Kevin Emery as Chief Commercial Officer

Iliad Solutions, a global leader in payments testing, has announced the appointment of Kevin Emery as Chief Commercial Officer. Kevin will oversee commercial activities globally, responsible for sales and marketing in existing markets, and new market development.

02 June 2023

News/people

Puneet Chandok, head of AWS India and South Asia resigns -TechCrunch

Head of Amazon Web Services in India and South Asia, Puneet Chandok, has resigned.

02 June 2023

News/people

Exclusive: Nordic Capital scoops up payments veteran Mohit Agnihotri

Nordic Capital has announced the appointment of technology and payments veteran Mohit Agnihotri as a new partner for the European private equity firm that recently raised its EUR 9 billion Fund XI.

26 May 2023

Company update/people

Etcho appoints Mike Reed as new CIO/COO

Mike Reed joins Etcho's mission to seamlessly connect wealth with values.

26 May 2023

Company update/people

Bank of Ireland appoints Áine McCleary as chief customer officer

Bank of Ireland has today announced the appointment of Áine McCleary as Chief Customer Officer (CCO). Reporting to the Group CEO in a newly-created Group Executive Committee role, the CCO will be an advocate for the customer across the entire Group.

12 May 2023

Company update/payments

Temenos announces 2023 Customer Awards

Temenos (SIX: TEMN) today announced its 2023 Customer Awards winners at the Temenos Community Forum (TCF) in Vienna, celebrating the global pioneers, innovators and visionaries in banking.

12 May 2023

Company update/sustainable

Climate Action Data Trust appoints new executive director

The Climate Action Data Trust (CAD Trust), a decentralised metadata platform that links, aggregates and harmonises all major carbon registry data, has announced the appointment of Yuvaraj Dinesh Babu as Executive Director, with effect from 1 May 2023.

05 May 2023

Company update/people

Elaine Bucknor, former Sky CIO, appointed to Darktrace board

Darktrace plc (DARK.L) (together with its subsidiaries, "Darktrace" or "the Group"), a global leader in cyber security AI, ispleased to announce today the appointment of Elaine Bucknor as Non-Executive Director with effect from 1 June, 2023.

05 May 2023

Company update/retail

Lanistar appoints Ed Blankson as new CFO

London-based fintech Lanistar, has today announced the appointment of Ed Blankson as its new Chief Financial Officer (CFO). Blankson arrives at Lanistar with a wealth of expertise behind him having spent multiple years as a Senior Official at Tide.

28 April 2023

Company update/wholesale

LATAM fintech Clara raises $60m

Clara, the leading end-to-end spend management solution for companies in Latin America, today announced that it has closed $60M USD in an equity financing round led by GGV Capital. In addition, GGV Managing Partner Hans Tung will join the company’s Board of Directors.

28 April 2023

News/people

IFGS 2023: How are neobanks challenging incumbents in 2023?

The afternoon IFGS sessions kicked off with a fireside chat looking at whether Neobanks are still creating that challenging atmosphere they have been known for. Finextra’s own senior reporter, Paige McNamee, moderated the session and was joined by Mark Mullen, CEO of Atom Bank, and Valentina Kristensen, director of growth and communications at OakNorth. Kristensen had her new baby Leo on stage with her.

17 April 2023

News/startups

HSBC hires ex-SVB bankers to focus on US ‘innovation economy’

Following the collapse of Silicon Valley Bank (SVB) in March, HSBC is now hiring around 40 ex-SVB bankers to establish a new unit targeting tech, healthcare, and VC funds in the US.

14 April 2023

News/inclusion

Childhood financial education backed by Centre of Financial Capability

On the 29th of March, the Centre for Financial Capability organised a charity event in UK Parliament to push for widespread and standardised financial education in the UK.

14 April 2023

Research/Human resources

The Future of Fintech in the UK 2023

13 April 2023 686 downloads

News/people

Mind the gap: Revolut's mean gender pay differential increases

Revolut's attempts to bridge the gender pay gap at its business appears to be going into reverse, with the mean differential between women and men increasing from 22.7% last year to 25.4% as of April 2022.

05 April 2023

News/people

European Payments Council names Giorgio Andreoli Director General

Etienne Goosse will step down as Director General of the EPC from April 2023 after 12 years in the role.

31 March 2023

News/people

Accenture to cut 19,000 employees as corporate spending wanes

Accenture has announced it will cut 19,000 jobs, 2.5% of its workforce, over the next 18 months. This follows a number of cutbacks in the finance and fintech sector amid a slowdown in IT spending.

24 March 2023

News/payments

Earned wage access platform Rain raises $116m

Earned wage access platform Rain has closed a Series A round comprised of $66 million in equity and another $50 million in debt.

23 March 2023

Company update/identity

Keystone Talent Bank integrates ID-Pal for right-to-work checks

Global identity verification provider ID-Pal today announced a partnership with Keystone Talent Bank to deliver real-time digital right to work checks.

20 March 2023