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This strategic move is expected to streamline financial transactions for users, boosting engagement and retention on the platform
Tham brings extensive experience in revenue generation and strategic growth to the company
This partnership aims to offer a more seamless and efficient service for Virgin Money’s customers
The deal will include Funding circle's entire loan portfolio and will continue to focus on SBA loans
Favourable market conditions and supportive regulatory measures has boosted investor confidence in fintech firms
The collaboration will introduce a new banking as a service offering
This investment aims to enhance LoopFX’s technology and expand its market presence
The fresh capital will be used to enhance LXME's technology platform and expand its user base
The valuation underscores the disruptive impact of fintech firms on the banking industry
The sale will allow NatWest to expand its banking service and customer base
Despite a slight year-over-year decline, Q2 saw a 27% increase in funding compared to Q1
This move aligns with Revolut’s growth strategy, which includes expanding its user base to over 40 million and seeking a full UK banking license.