Helpful #Payments & #Fintech thinking • Strategy, Product, M&A • Helped: @Tink, @PollinateInt, @Paysafe, @Vocalink, @NexiPayments, @YoyoWallet, many others
London, England
Joined August 2012
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Serial fintech private equity backer @pollencap has agreed a £250m debt facility for Birmingham-based UK business lender @Lovey_business. lovey.com/blog/lovey-250m-de…
Another UK class action has been filed with the @CATribunal against @Visa and @Mastercard, seeking £5bn in damages over interchange fees. It follows a £700m merchant claim in the past month, while the £200m "Merricks" consumer action pays out next year. lawgazette.co.uk/news/master…
Per @FT, the @BankofEngland, via its banking regulator the PRA, has ordered an expert adviser review of @Revolut's product approval processes to assess risks and whether internal systems are sufficiently robust. The bank just launched UK personal loans. ft.com/content/ea6d6d50-57c0…
South Korea is the latest country to take antitrust action over @Apple and @google's historic enforcement of their own in-app payment systems, fining both nearly $50m. Over the past year, both have agreed to open their platforms to other payment methods. koreajoongangdaily.com/busin…
Chargeback management firm Chargebacks911 launches AI agent to protect merchants from chargeback risks of agentic commerce via @Finextra finextra.com/pressarticle/11…
UK fintech Finsei selects card issuing processor Thredd to power its new Mastercard debit cards via @ThePaypers thepaypers.com/payments/news…
Amex publishes intent-authentication framework for AI agent payments via @thefintechtimes thefintechtimes.com/amex-pub…
Visa and Singapore stablecoin firm StraitsX to extend stablecoin card issuing to 100+ markets via @thefintechtimes thefintechtimes.com/straitsx…
Colombian payments fintech Bold secures USD 11.9m loan from BBVA Spark for SME credit via @ThePaypers thepaypers.com/fintech/news/…
IT services giant Tech Mahindra and Mastercard team on embedded B2B payments via @Finextra finextra.com/pressarticle/11…
US fintech CapitalOS raises $21.9m for money orchestration layer for B2B platforms via @Finextra finextra.com/newsarticle/486…
Middle East payment gateway PayTabs agrees to buy SeaPay in Saudi Arabia via @Finextra finextra.com/pressarticle/11…
FCA consults on decentralised finance (DeFi) guidance for resilience and AML via @ThePaypers thepaypers.com/fraud-and-fin…
BNPL provider Sezzle applies for OCC national bank charter via @ThePaypers thepaypers.com/fintech/news/…
Nigerian BNPL provider @UseKlump, which raised a $1.2m seed, has shut down after five years. It moved to a multi-lender model but found bank integrations and support slow going, despite banks learning from experience. Recent exit talks also fell through. techpoint.africa/news/klump-…
In the UK, @Revolut is stepping up its push towards bank economics with personal loans from £2,000 to £25,000. A credit playbook it will need to drive RoE growth and leverage customer funds, expanding its banking model beyond historic subscription fees. cityam.com/revolut-to-take-f…
Mexico's antitrust regulator @AntimonopolioMX is investigating the merchant electronic payments and vouchers market after an anti-competitive behaviour complaint. @BBVA_Mex and @SantanderMx are dominant acquirers; @EdenredMexico leads in vouchers. chambers.com/articles/cna-op…
Thailand and Malaysia back Singapore's BLOOM cross-border digital money initiative via @Finextra finextra.com/newsarticle/486…
