Brim Financial Taps Marqeta’s Arthur Zhao as CFO

Brim Financial, one of the fastest growing fintech companies and a licensed credit card issuer, announced today that Arthur Zhao, former Marqeta finance executive, has joined Brim as its chief financial officer. Zhao’s addition is part of the expansion of Brim’s executive team to support market demand for the company’s flexible and scalable embedded finance solutions, including Brim’s platform-as-a-service (PaaS) and credit card infrastructure. Zhao is a proven executive with more than 20 years of...

ClearScore Becomes Significant Enabler of Open Banking in the UK

The ClearScore Group, which owns ClearScore, the UK’s leading credit marketplace, today announced that it has hit a milestone of over 1.5m users having enabled Open Banking functionality through its platform. This puts ClearScore as one of the largest enablers of Open Banking in the UK, in just six months. In November 2021, ClearScore launched its unique Affordability Score. Based on analysis of transaction history, it gives users – for the first time – a clearer sense of...

Temenos Delivers Digital Banking Solutions on AWS

Temenos (SIX: TEMN) and Amazon Web Services (AWS), have extended their global relationship to run Temenos onboarding and origination solutions on AWS. The technology collaboration aims to allow all retail and commercial banks – incumbents and challengers – to provide digital onboarding and origination solutions with higher performance, scalability, and security. It will give banks greater agility while reducing time to market and improve cost efficiency. The two companies will go-to-market with solutions for retail,...

Banking-as-a-Service Platform Unit Announces $100 Million Series C

Unit, the first banking-as-a-service platform to achieve unicorn status, announces its expansion into credit products. Unit, the leading banking-as-a-service platform that empowers companies to embed financial services in their products, today announced it has raised a $100 million in a Series C round led by global software investor Insight Partners, with participation from existing investors including Accel, Better Tomorrow Ventures, and Flourish Ventures. New investors Moving Capital and Stepstone also joined the round. The latest infusion of...

Helix & Microsoft to Speak at the Finovate Spring Conference

Helix by Q2 (NYSE:QTWO), a cloud-native core purpose built for embedded finance, has announced today that Paul Walker, senior vice president of Revenue & Partnerships for Helix, and Roman Chwyl, Managing Director of Fintech Unicorns at Microsoft, will speak on May 20, 2022, at Finovate Spring on how fintechs are driving financial inclusion. Walker and Chwyl will discuss how the evolving business model, enabled by embedded finance, makes it profitable to serve all-income level users...

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