Understanding Open Banking Payments Open banking payments utilize Application Programming Interfaces (APIs) to execute direct transfers between banks.
Swan Sails Forward with €37 Million Series B Investment Round Swan has announced a €37 million Series B investment round. The driving force behind this latest infusion is Lakestar, accompanied by Swan’s existing investor cohort.
Xbox introduces Embedded Finance in Gaming Good morning! Let’s start this news overview with news from London, where Monzo, Britain's digital bank valued at $4.5 billion, has unveiled an "Investments" feature, allowing users to invest with as little as £1. Partnering with BlackRock, the platform provides users three investment options
🔥10 Lessons from David Vélez on Harry Stebbings 20VC Podcast Good morning! Let's start with some local FinTech news from Amsterdam where Payment Service Provider Mollie is entering an unfamiliar territory: restructuring. For the first time in its existence, the FinTech giant is making cutbacks to its staff, signaling a shift from its erstwhile aggressive growth strategy. "
🚀 The Rise of the "Revolut Mafia" Alumni Network In just half a decade, the Revolut alumni ecosystem has pulled off an astonishing feat – it now boasts a collective funding haul of $2.2 billion, surpassing the very company where it all began.
🏦 BaaS: The New Frontline in Global Banking Innovation Banking as a Service has taken the financial world by storm. Diverging from traditional white-labeled banking services, BaaS offers an innovative model built upon a plug-and-play API platform. But what does this mean for the financial sector, brands, and consumers alike?