In this blog, we look at the ‘what, why, when, where and how of a wind-up strategy. We dive deeper into the regulator’s expectations for an exit strategy and offer practical advice for firms on how to improve their plans.

We are delighted to be supporting the Rafiki Thabo Foundation. As we look to give more travellers in the UK the chance to save money, it is really important to Currensea to allow them to also give back to causes they are passionate about! Rafiki Thabo is a charity run by passionate individuals who are making a difference and this really resonates with Currensea. We are excited to see how we can help them continue to make life-changing differences to amazing individuals and communities in Kenya, Lesotho and Uganda.

London-based revenue management Fintech, MONET, is proud to announce the beta launch of its revenue-based lending platform with dedicated Creator Business debit cards and accounts for creators, providing infrastructure that is a world-first in its field.

The platform is facilitated by embedded finance specialist Weavr, using their technology to provide business banking and payments infrastructure.

Fintech scaleup adds 35 developers to its team, following period of exponential growth amid payments revolution. New hires bring extensive ecommerce and cloud infrastructure developer expertise to xpate as it builds out banking and data solutions for clients

Open Banking is the concept of sharing banking information outside the bank. Historically, data and actions with funds are only available to the funds owner and his bank. Open banking introduces the concept of the Banking Consent, when the funds owner allows some third party provider (TPP) to read his bank’s data – such as account information, balances transactions, etc.There is also a payment initiation option, which allows TPP’s to create new payment methods without any intermediaries – such as card schemes (Visa, Mastercard) and wallets (PayPal, AliPay).

Well, Noda Go makes it possible to register a user and fully verify their bank details, and even receive a payment/deposit, in just a few clicks. Noda Go is lightning fast and very easy to use. Our solution means the user doesn’t need to fill out loads of details because we receive all the necessary data directly from the bank. That means your client can quickly and safely spend money on their favorite service.

Buy now, pay later (BNPL) ubiquitousness is unparalleled these days and resembles a behavioural change that we haven’t seen in finance since the arrival of credit cards – a business model that BNPL is now challenging in a big way by putting greater purchasing power in the hands of a younger demographic.

While the classic four Ps are important, the real difference-maker is outstanding service. Your employees’ engagements with prospects and customers not only drive sales but also spur the most powerful marketing tool in existence: word of mouth.

There’s no shortage of advice on how to develop a world-class payment team. That said, the most impactful and eye-opening principle we’ve ever heard is:

Do unto your employees as you would have them do unto your customers.

Unfortunately, cultivating a high-performance team is not as easy as it sounds. That’s why we’ve outlined how fintech leaders can approach this challenge by looking inwardly at their internal processes.

We are proud to have launched the StarLiX platform. StarLiX is an innovative closed-loop tokenised payment and compliance platform that enables regulated payment service providers to send cross-border payments with provable end-to-end compliance along the payment chain.

Leading global payment technology platform GPS, the trusted go-to payments processing partner for today’s leading fintechs, including Revolut, Curve, Starling Bank, Zilch, WeLab Bank and Paidy has today announced the appointment of Simon Stanford as Chief Revenue Officer.

• Simon joins GPS from global online payments platform Worldpay where he was Senior Vice President Group Executive for the EMEA region and led a commercial team of over 450 people. He has more than 20 years of commercial experience, predominantly gained at global technology and telecommunications businesses including Samsung Electronics and O2 (Telefónica UK).

• He will sit on GPS’s global executive committee and lead the company’s global commercial, partnerships and customer relationship management, and marketing teams with a focus on developing GPS’ global partnerships ecosystem, marketing and brand strategy, and driving revenue growth worldwide.

An original co-founder and former Commercial Director at Transact365, Lambert will oversee the fintech’s expanding merchant customer base and card schemes. He will also work closely with the rest of the senior management team to expand the business into new markets and take advantage of new opportunities in the fast-evolving payments landscape.

Exemplary actions from regulators in Europe and some APAC countries, fostering and incentivizing innovation, are behind the emerging local Open Banking (OB) initiatives. As a result, Fintechs are introducing innovative solutions such as simplifying cross-border shopping with local payment methods or streamlining credit rating processes. Promising results are driving the evolution of the OB initiative and hinting at wider adoption of such solutions.

My old maths teacher at school used to say, “If you assume, it makes an ass out of u and me”. Reading the FCA’s Thematic Review  TR 22/1 on wind-down planning, along