In today’s FinTech news, Brazil’s FinTech Cerc is preparing to go public while Revolut is eyeing worldwide growth. Plus, Finicity and Finserv are collaborating to bring meaning to data collection. Brazil FinTech Cerc Prepares IPO to Raise $100M Brazilian exchange receivable firm Cerc is looking...
In today’s top Europe, Middle East and Africa news, PropTech startup Goodlord has raised £27 million ($35.5 million) in a Series B funding and Andela has launched a platform designed to create a personalized hiring experience. Plus, the European Union is considering a new round...
Today in retail, Chewy’s stock drops to a two-year low despite record spending levels, while Five Below plans growth. Plus, Avarda embraces open banking, Lululemon adds tennis and golf gear, and Restoration Hardware will open “selling spaces.” Chewy Struggles to Turn Record Spending Into Profits,...
From Norway’s Vipps and MobilePay in Denmark to Swedish mobile payment system Swish and the Pivo mobile payment app in Finland, payment methods that facilitate fast and convenient ways to pay are gaining traction in the Nordics, a region renowned for its innovative payments and...
June 21, 2022
The Swedish Financial Supervisory Authority has granted TF Bank’s Swedish subsidiary TFB Service AB a license to operate as a deposit-taking financial institution. With this license, the Nordic division of the company’s eCommerce payment solution, currently operating under the Avarda brand, can be transferred to a separate entity. The move follows a trend among Banking-as-a-Service […]
