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Happy Friday! The weekend is almost here, but first, let's explore the week's top fintech stories with our weekly series, Fintech in Five! 🚀 According to a new survey conducted by Invessed in association with YouGov, younger investors in the UK do not consider building and managing wealth a priority. The survey also highlights a significant lack of engagement and comfort with wealth management in investors born after 1965. XYB, a leading global coreless banking Platform as a Service (PaaS) pioneer, has appointed fintech veteran Derek Joyce as the newly standalone company’s CEO. With a wealth of experience in building and successfully scaling innovative fintech businesses, Joyce will spearhead XYB’s growth ambitions as it embarks on its mission to accelerate the world’s transition to accessible and innovative banking. Copenhagen-based fintech startup, ZTLment, has made waves as the first in Europe to pioneer compliant wallet infrastructure on decentralized rails for ordering- and booking platforms and have raised €2.4 million in total pre-seed funding from investors PreSeed Ventures, Upfin.vc, and Giant Ventures. FintechOS, a European startup promising a low-code approach to helping financial institutions quickly and painlessly go digital, has picked up $60 million in a Series B+ funding round extension. Led by Molten Ventures, the new round of financing comes as FintechOS reports 40% year-over-year growth and a reported 170% increase in operating margins. Former consultant to the Representative of Banca d’Italia (Italian central bank) in the UK, Riccardo Tordera-Ricchi, Head of Policy and Government Relations at The Payments Association was recently interviewed about the General Elections and Fraud Report on BBC Radio 4 Money Box. BBC Radio 4 is a British national radio station owned and operated by the BBC. What's been going on in your business this week? Reach out to social@skyparlour.com, we'd love to hear from you. Have a great weekend everyone!

It's always great to see collaboration among top CEOs in the fintech industry. A new body formed by these leaders aims to unlock growth and shape policy in the London market. This type of collaboration generates excitement and confidence, especially among smaller companies looking to benefit from the resulting opportunities. One of the benefits of such collaborations is the advocacy for favorable regulatory environments and tax policies that support innovation and growth. By working together and engaging with policymakers, these CEOs can influence decision-making and advocate for policies that promote a thriving ecosystem for fintech and other innovative industries. https://lnkd.in/eUWtdB5C

Team8 Establishes a Roadmap for Fintech in 2030 and Beyond Speaking on the value of this collaborative research, Team8 Managing Partner Rakefet Russak-Aminoach said “In addition to taking a broad survey of the existing fintech landscape and near-term trends, the report imagines a future in which incumbents can move just as quickly as early-stage startups, digital identities nearly wipe out fraud, and consumers no longer need to rely on large centralized institutions to custody their assets. We believe this report will both ground and inspire the fintech community to think outside the box, as well as provide valuable insights to founders who are embarking on their entrepreneurial journey.” https://lnkd.in/eA4xr64q #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

Ever wonder about the future of Fintech? How its innovations are shaping Europe and Latam? Who are the key players pushing the boundaries of this frontier? In this gripping article, we explore not only the exciting future prospects of FinTech but also delve into the commitment and vision of its innovators and investors. Featuring Actyus, a prominent Fintech investor based in Andorra La Vella, you'll get an inside look at how they are strategically investing in Fintech companies to impact both Europe and Latin America’s market. Led by ANDBANK LUXEMBOURG SA SUCURSAL EN ESPAÑAña, Actyus boasts significant know-how and has privileged access to Fintech and private equity sectors. They are making waves distributing €1 billion+ in alternative products. Want to be a part of this journey? Dive into the full story here: https://lnkd.in/eJU5zNK8 Illuminate the future with us as we spotlight those investing in a technologically advanced tomorrow. 🔮💼📈 #Fintech #Innovation #Investments #Europe #Latam #Actyus #FutureFinance

Creating an accessible, secure and efficient financial future! Great to see Nilus noted as a FinTech trailblazer. To learn about Nilus and automated cash management, DM me! #Nilus #Finance #Treasury #CashManagement #AI #Automation #FinTech

We have rounded up some of the highest profile people moves in FinTech from Feb '24. There has been a pattern of CEO transitions and founder succession so far this year. We shared an article by Sifted earlier in the month, which delves into this potential trend further. Congratulations to all involved! #fintech #leadership 🔹Clearwater Analytics has named Keith Viverito as its EMEA Managing Director. Keith has held senior leadership roles at IHS Markit, FactSet, Thomson Reuters and Tradeweb. 🔹Fintech Wales has successfully completed its CEO search with the appointment of Sarah Kocianski, as former CEO Sarah Williams-Gardener transitions into a Chair role this year. 🔹Howden Group Holdings has appointed David Shalders as its Group COO. David joins Howden from LSEG (London Stock Exchange Group), where he currently holds the role of Chief Operating Officer and Head of Integration. 🔹Wealth management firm JM Finn has announced the appointment of Mark Haines as its new COO. Mark is former CTO for Brewin Dolphin and brings over 20 years of financial management experience to the role. 🔹FullCircl, a customer lifecycle intelligence fintech, has bolstered its leadership team with three new executive appointments. Amy Musk is named as its new COO, Immy Tugcu as VP of Product, and Hema Marshall as CRO. 🔹Ruben Salazar Genovez, former head of Visa Direct, has been named the new President of Terrapay. Ruben is poised to lead Terrapay's efforts in advancing cross-border payments and expanding its market presence. 🔹Personetics, a customer engagement AI platform for financial institutions, has appointed Udi Ziv as its new CEO. This follows David Sosna's (company Co-Founder) decision to step down after 13 years. 🔹Citi has named former JP Morgan executive Viswas Raghavan as its new Head of Banking to take charge of the group's investment, corporate and commercial banking unit. 🔹UK-based cash management business PayComplete has promoted former Co-President Simon James as its new CEO. James' focus will be on international growth, particularly in the Americas. 🔹Duncan Cockburn has stepped down from his role as CEO of OneBanx to take on a new position as interim finance director with insurtech unicorn Zego. This comes after Glory acquired a majority stake in OneBanx last year. Featured companies: Clearwater Analytics, FinTech Wales, Howden, JM Finn, FullCircl, TerraPay, Personetics, Citi, PayComplete, OneBanx, Zego

The next phase of the fintech (r)evolution? While most of us mere mortals can't foresee the exact future of fintech, one thing remains clear: the sectors potential for innovation knows no bounds. The true measure of its impact will be seen not just over the next few years, but across decades and generations. There are naysayers who exist across the financial ecosystem whose constant rhetoric focusses on either claiming that the impact of fintech is overstated or is spent undermining the innovations that financial technology has already introduced but I guess there is little one can (and arguably should) do with such folks…. I guess they just need to wake up and smell the coffee ☕️ or continue to grovel (the choice is entirely there’s) Today's fintech companies are creating the foundation for a financial system that is more inclusive, efficient, and responsive to users' needs than ever before. There are several trends such as - rapid adoption of fintech built infrastructure by incumbents, rapid rise of B2B fintech, Verticalised plays targeting multiple sectors (embedded or otherwise) and the rebundling of financial services which will give rise to orchestration plays - these are just a handful of trends which will allow #fintech to have a greater role in shaping the #futureoffinance It's truly an exciting era to be involved in building the future of fintech and financial services 👍👍👍 #fintech #payments #digitalassets

Team8 have released a new report on the future of fintech! 🔮 🤔 💰 The report creates a roadmap for the fintech in 2030 and BEYOND; askimng just THREE main questions: What Won’t Change? What (Likely) Will Change? And What Could Change Everything? 🤖 📲 Prompted by the rise of GenAI and other emerging technologies AND trends, the report was created by Team8’s fintech leadership team composed of experienced founders and executives 👩💻 Speaking on the value of this collaborative research, Team8 Managing Partner Rakefet Russak-Aminoach said “In addition to taking a broad survey of the existing fintech landscape and near-term trends, the report imagines a future in which incumbents can move just as quickly as early-stage startups, digital identities nearly wipe out fraud, and consumers no longer need to rely on large centralized institutions to custody their assets. We believe this report will both ground and inspire the fintech community to think outside the box, as well as provide valuable insights to founders who are embarking on their entrepreneurial journey.” Read the report on the link below! 👇 Mastercard Bank Leumi בנק לאומי eToro PayPal J.P. Morgan Airwallex Atomic Cross River Next Insurance Orum.io Unit Wisor.AI april Panax 40Seas Ballerine #team8 #fintech #financetechnology #fintechnews #digitalbanking #generativeAI #AI #banking #embeddedfinance #fintechcommunity #emergingtechnology

Fintech Companies Serving the Underserved: PayJoy's Revenue Milestone and Petal's ...: Stay informed about the latest developments in the fintech industry with TechCrunch Fintech! Learn about PayJoy's success in achieving positive ...

🚀 Stefano Piscitelli, CEO at Younited Italy, shares insightful perspectives on the future of fintech! Despite facing challenges in 2022, recent research by McKinsey & Company indicates that the fintech industry is positioned for significant global growth, projected at 15% by 2028. Stefano dives into the evolving landscape, highlighting the importance of innovation, data-driven decisions, and user-centric approaches. Exploring challenges and opportunities in instant credit and split payments, Stefano emphasizes profitability and ethical AI integration. Looking forward, he shares strategies for sustained growth, including focus, people, values, and innovation. Explore the full article for valuable insights into fintech's future and Younited's journey toward sustainable success! 📈 #Fintech #Innovation #Sustainability #Younited