This week in Fintech: TFT Bi-Weekly News Roundup 16/05
welcome to Fintech Times Bi-Weekly News Roundup Tuesday, May 16.
International consulting firm BIP has appointed Trevor Hutchings as a partner for sustainability. He will continue to expand BIP’s sustainability consulting services to help organizations improve their ESG performance and transition to clean energy. Hutchings will also support BIP in delivering its B Corp obligations, following the recent certification.
TS Imagine, the provider of various asset classes of trading, portfolio and risk management solutions for financial institutions, name Simarjit (Sim) Johal as head of APAC). Johal will join TS Imagine’s executive leadership committee and move to Hong Kong in September 2023.
Fintech The banquet has unveiled Lisa Scott as managing director of European operations. Scott will be responsible for managing strategic relationships, developing a market strategy and driving regional growth and expansion. Scott previously joined Banked in 2021 and served in a dual capacity as CMO and CPO.
Bryan, Garnier & Co, the investment bank for European health and technology-related companies, has welcomed Oscar Barkman as managing director. He joins the software investment banking team, with a strong focus on fintech. He has also previously worked at CapitalBox, Mybank and Zmarta Group.
ethicsthe purpose-driven financial company, appoints Mitch Partoglou to design and deliver new business financial products. Mitch’s appointment heralds a pivotal moment in Ethica’s growth trajectory as it expands its product range beyond consumer market financing.
SurePaya supplier of solutions for confirmation of payees, is hiring Sita Singh as its new UK business development manager. As the mandated implementation of PSR Group 1 & 2 approaches, the addition of Sinitta to the team helps ensure a smooth onboarding process for more Group 2 PSPs and building communities.
Kani Payments, a global data reconciliation and reporting company, has hired Priya Jadeja as head of pre-sales to drive the company’s client onboarding efforts and demo capabilities as it prepares for rapid global expansion. She was previously responsible for pre-sales operations at the data companies AutoRek and SS&C.
Truliooa global identity verification company, has appointed Erika Rottenberg to his board. She will support Trulioo in providing identity verification capabilities and expertise as it continues to scale. Rottenberg served as general counsel for The Chan Zuckerberg Initiative.
copper.co, a provider of institutional custody and collateral, appoints Jim Turley as non-executive director. It has also employed Dr Stephen Strickland as Chief Compliance Officer. Turley joins the Copper Board after three years as executive chairman of the board Finality International, while Dr Strickland comes from Elements Digital where he was chief compliance officer.
UK-based fintech Stubben Edge Group and SAW has launched a new competition for UK SMEs to win a pop-up shop space on Oxford Street, London. The competition, which is run through Stubben Edge subsidiary smallbusiness.co.uk, is part of the group’s ongoing commitment to supporting SMEs across the UK. The competition is open to all UK-based SMEs, regardless of industry or sector, who have been trading for less than five years.
Mossa comprehensive cost management company, has merged with The German bank. The partnership follows Moss obtaining a European E-Money Institute (EMI) license from regulators last year BaFin. The collaboration with Deutsche Bank is the first step for Moss to be able to offer payment services under its own license in the future.
French fintech The scale announces a collaboration with open banking company Salt edge. They say their alliance will “significantly ease the compliance of banking and electronic money institutions with the strict regulatory requirements for open banking”.
Finastra, a global provider of financial software applications and marketplaces, announces BKN301 Group, a fintech committed to creating a world without financial barriers, has gone live with Finastra’s Essence to bring digital and cross-border payment solutions to San Marino. Finastra’s partner Corvallis, Tinexta Groupan IT provider in the Italian financial sector, managed the project, last mile payment integration and rapid implementation of the solution in line with local requirements.
Meanwhile, platform Pliny has entered into cooperation with Sonata Bank. The partnership helps Sonata generate steady deposit growth, attract new customers and deepen relationships with existing customers as the bank continues to expand its footprint across both local and national markets.
Cogo, the company for handling carbon footprints, has joined forces with NayaOne, tthe digital transformation platform. This partnership that will speed up the process for banks and financial institutions to integrate carbon footprint management tools into their banking apps.
Digital asset management platform Haru Invest and Mercuryo, a fiat-to-crypto payment infrastructure, has announced a partnership. It integrates Mercuryo’s entry and exit services into the Haru Invest platform. The integration allows Haru Invest users to easily access cryptocurrencies using fiat.
Financing and investments
Berlin-based AAZZUR alerts investment from Tyr Ventures, an early stage venture capital firm based in Sierra Madre, CA. This investment will support AAZZUR’s mission to revolutionize embedded financial services through the development of an innovative platform that connects banks, fintech startups and corporations.
San Francisco-based financial technology firm Cardless has announced a new debt agreement with i80 Group, ensure a three year 75 million dollars credit facility. The agreement is a storage facility that will enable Cardless to finance customer receivables, growth, as well as continue work with large, globally recognized brands.