clear
clear

Latest Results from /wholesale

/wholesale

Monese plots break-up amid mounting losses

Troubled mobile banking startup Monese is formulating plans to splinter the business into separate consumer-facing and corporate concerns amid mounting losses.

/wholesale

Central banks embark on tokenisation project

The Bank for International Settlements together with seven central banks is embarking on a major project to explore tokenisation of cross-border payments.

/wholesale

Allica Bank reports first profitable year

SME challenger bank Allica has achieved its first full year of profit just three years since opening its doors to lending.

/wholesale

Ramp sees valuation bounce back on $150 million raise

Finance automation and corporate credit card startup Ramp has raised $150 million in a funding round co-led by Khosla Ventures and Founders Fund.

/wholesale

PayPal Ventures leads €18 million series A extension in Pliant

PayPal Ventures has led an €18+ million Serie A extension for Berlin-based corporate card platform Pliant as it prepares for expansion into the UK.

/wholesale

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.

/wholesale

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.

/wholesale

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.

/wholesale

BoE forecasting held back by out-of-date tech - Bernanke

The Bank of England has been heavily criticised by a former chairman of the US Federal Reserve for relying on outdated technology for its economic forecasts.

/wholesale

UK moves to experimentation phase of Regulated Liability Network

The UK's biggest banks are pushing ahead with the experimentation phase of a Regulated Liability Network, a financial market infrastructure for programmable money operating on a multi-bank shared ledger.

/wholesale

European taskforce calls for T+1 alignment

A group representing buy and sell-side firms and market infrastructure providers across Europe has called on the UK, Switzerland and the EU to coordinate plans to shorten the settlement cycle for securities trades.

/wholesale

German bank LBBW enters crypto market

Landesbank Baden-Württemberg (LBBW), the largest federal bank in Germany, has formed an alliance with crypto custodian Bitpanda.