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This Week in Fintech: TFT Bi-Weekly News Roundup 23/08

August 23, 2022
in Fintech
Reading Time: 3 mins read

Fintech Times Our bi-weekly news roundup on Tuesday, August 23rd will cover the latest in fintech from around the world.

Job Information

Standard Chartered named Aisha Abbas,previous HSBC Prior to joining Standard Chartered in 2019, he was the latest Head of Consumer, Private and Business Banking. She will be responsible for executing the bank’s strategy and building her retail banking business across the United Arab Emirates.

Channel Capital Advisors LLP appointed Ion Flatiroi as the new Chief Operating Officer. Fratiloiu has over 10 years of experience in sales and commercial strategy.Worked with previous likes Yobota, thinking machine When Deutsche Bank.

Zorbetransnational neobanks, names Douglas T. Hamilton As the new Chief Compliance Officer. Hamilton’s new role will enhance compliance and contribute to the growth and expansion of Zolve’s business.

finally, finamazethe asset management company added Nikar Patel Join the team as Chief Operating Officer. Patel brings extensive knowledge of growing experience especially after working with 3 consecutive unicorns.

Interview flow

Acquisitions and partnerships

Verso Wealth Management announced the acquisition of Campbell Thomson Insurance Services LimitedWith total assets under management in excess of 1 billion. This is his fifth acquisition by the Verso platform and the first based in Scotland, looking to expand its business in the UK.

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UK peer-to-peer lending company Assets Capital is affiliated with LexisNexis Risk Solutions Adopt the use of the RiskNarrative platform. Assetz Capital has already reduced the time it takes to complete his KYC and AML checks on the platform and aims to further enhance these detection capabilities.

Card as a service platform Simple phi is affiliated with Abu Dhabi Islamic Bank Supporting expansion into Egypt. SimpliFi aims to revitalize the digitization of payments for businesses and businesses in Egypt.

VineCross-account payments platform has forged a partnership with a software-as-a-service platform. WicksThe partnership will give Wix merchants access to Vyne’s bank payment solutions. This allows you to make payments in just 3 clicks.

Diverse business people giving fists in a circle

Company updates

payment platform Adien announced strong first-half 2022 financial results, reporting sustained earnings growth and continued year-on-year growth in scale of 37%. Adyen also posted net revenues of 608.5 million.

Saudi Arabia buy now, pay hard later Tamarahas raised $100 million in its latest funding round. Tamara intends to use this funding to launch a range of new products and services, as well as expand into a wider range of new markets.

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