Bank Of London news and trends

The Bank of London Raises $40M Series C Extension
Investments // February 08, 2023

The Bank of London has topped up its Series C funding round with $40 million. With the fresh capital, announced in a Wednesday (Feb. 8) blog post, the bank’s Series C now totals $130 million, retaining the $1.1 billion valuation received during the initial round in...

EMEA Daily: Bank of London to Add Cloud Banking; DIFC Taps Tarabut Gateway for MENA’s...
emea // June 28, 2022

In today’s top stories from Europe, the Middle East and Africa, the Bank of London will integrate cloud banking, Wise reports increased revenues and Walgreens will not sell its U.K.-based Boots unit. Bank of London to Integrate SAP Fioneer’s Cloud for Banking Platform The Bank...

The Bank of London Join UK’s Faster Payment System
Faster Payments // March 07, 2022

The Bank of London, the first purpose-built global clearing agency and transaction bank, has announced that it has become a directly connected settling participant (DCSP) with the Faster Payment System, a press release said. The Faster Payment System is the U.K.’s real-time payments infrastructure, allowing...

Firmly to Use the Bank of London’s 1-Click Checkout
Merchant Innovation // January 13, 2022

The Bank of London has granted a non-exclusive license of its one-click checkout patent to the Seattle-based company Firmly, with an eye toward helping ad-to-checkout commerce, according to a Thursday (Jan. 13) press release. Powered by the Bank of London’s intellectual property, Firmly lets merchants...

Quick Reads
Bank of London Catches Up on Tax Payments After ‘Internal Miscommunication’

September 09, 2024
The Bank of London reportedly said Monday (Sept. 9) that it paid all its taxes after internal miscommunication caused a delay. The bank’s statement followed media reports on Saturday (Sept. 7), confirmed by a Bank of London spokesperson, that the bank received a notice from U.K. tax authorities that it had unpaid sums due, Reuters […]

The Bank of London Raises $40M Series C Extension

February 08, 2023
The Bank of London has topped up its Series C funding round with $40 million. With the fresh capital, announced in a Wednesday (Feb. 8) blog post, the bank’s Series C...

The Bank of London Join UK’s Faster Payment System

March 07, 2022
The Bank of London, the first purpose-built global clearing agency and transaction bank, has announced that it has become a directly connected settling participant (DCSP) with the Faster Payment System,...

Firmly to Use the Bank of London’s 1-Click Checkout

January 13, 2022
The Bank of London has granted a non-exclusive license of its one-click checkout patent to the Seattle-based company Firmly, with an eye toward helping ad-to-checkout commerce, according to a Thursday...