Fintech R&D

Deals/Contracts/Partnerships

• 1

  Persistent is forming an extended engineering team to develop an automated data-driven risk and pricing platform for a fintech unicorn

  Q4(Oct-Nov-Dec), 2022

• 2

  Bluestone partners with Thoughtworks to launch new digital lending platform

  Q3(Jul-Aug-Sep), 2022

• 3

  Monument Bank, UK?s first neo bank, has partnered with Persistent Systems to build a bespoke, cloud-native digital banking platform for lending and deposit services to support Monument?s ongoing operations.

  Q3(Jul-Aug-Sep), 2022

• 4

  Persistent Systems Delivers Digital-first Banking Infrastructure for New Challenger GB Bank

  Q2(Apr-May-Jun), 2022

• 5

  Xapo partners with Thoughtworks to scale from Bitcoin vault to global bank

  Q4(Oct-Nov-Dec), 2021

• 6

  Persistent is developing and launching a cloud-native neo-bank based in the United Kingdom and Switzerland.

  Q4(Oct-Nov-Dec), 2021

• 7

  Selected by a Sweden-based banking and financial services provider, to help them create an Ecosystem Banking Platform that will help them combine their business capabilities and other FinTech/ Transaction capabilities to deliver a seamless ecosystem of di

  Q3(Jul-Aug-Sep), 2021

• 8

  Tandem Bank, an innovative, UK-based challenger, has launched its new banking platform along with introducing frictionless banking services for its consumers. Intive has been supporting this endeavor to guarantee the most effective and secure development of the bank’s platform and its flagship digital products.

  Q1(Jan-feb-Mar), 2021

EIIR Provider Solutions/Capabalities

• 1

  Endava announced joining Stripe?s new Partner Ecosystem as a key strategic partner. Together they will help businesses diversify their revenue, expand into new global markets and increase cross-border commerce through customised payment service solutions. Endava?s payments expertise allows for quick integration of Stripe?s products for merchant use.

  Q2(Apr-May-Jun), 2022

• 2

  Intellias Announces Partnership with Digital Banking Startup Nomo Fintech

  Q2(Apr-May-Jun), 2022

• 3

  iTechArt announcing the launch of its fintech practice, which is designed to offer promising fintechs a range of services at every stage of their growth, from building a case for fundraising to designing and implementing solutions that propel the entire industry forward.

  Q2(Apr-May-Jun), 2022

• 4

  Autonomous Commerce ISV JAGGAER Announces Partnership with Payments-as-a-Service Fintech Finexio. It will include payment feature in its platform branded as JAGGAER Pay.

  Q1(Jan-Feb-Mar), 2022

• 5

  Persistent to acquire Charlotte-based SCI)and its affiliate, Fusion360, and the business of New Jersey-based Shree Partners including its subsidiary in India. these acquisitions augments its capability in payment systems.

  Q3(Jul-Aug-Sep), 2021

• 6

  TCSannounced that Volt, Australia’s first neobank, has partnered with TCS to power Volt 2.0, its next-generation Banking as a Service (BaaS) platform.

  Q4(Oct-Nov-Dec), 2020

EIIR Buyer GIC/R&D Best Practices/Solutions

• 1

  Eurora Solutions, a provider of an AI-backed cross-border trade compliance platform, has opened a research and development center in Tartu, Estonia.

  Q4(Oct-Nov-Dec), 2022

• 2

  Stripe said it would layofff 14% of its staff.

  Q4(Oct-Nov-Dec), 2022

• 3

  Israel?s fintech Liquidity Group to establish R&D center in Abu Dhabi, the first Israeli company to do so. The company?s R&D center will focus on developing its Machine Learning-enabled LendTech solutions for its underwriting business. It will also build

  Q4(Oct-Nov-Dec), 2022

• 4

  Dubai-based Checkout Point, a provider of POS fin-tech solutions has opened R&D Center in Infopark, Kochi.

  Q3(Jul-Aug-Sep), 2022

• 5

  Volt Bank, a digital bank in Australia to close due to its failure in securing additional funding.

  Q3(Jul-Aug-Sep), 2022

• 6

  Sber, the Russian financial and digital giant, is preparing to open an R&D center in Berlin — its first one in Western Europe. The center is focused on expanding horizons in machine learning, cloud and other cutting-edge technologies

  Q4(Oct-Nov-Dec), 2021

• 7

  Huawei to launch EU innovation lab for digital finance and security at Finland

  Q3(Jul-Aug-Sep), 2021

• 8

  US-based insurance comparison platform operator Insurify will double the number of employees in its newly-opened R&D centre in the Bulgarian capital Sofia

  Q3(Jul-Aug-Sep), 2021

• 9

  EVERING, a fast-growing Japanese FinTech startup, launches its NFC ring, bringing the convenience of contactless payment to Japanese consumers, leveraging a “Less is Smart” philosophy. Thales’ to provide embedded security and contactless technology, as we

  Q3(Jul-Aug-Sep), 2021

• 10

  Mastercard announced the launch of its new Sustainability Innovation Lab at Stockholm, which will spearhead the further development of the company’s portfolio of environmentally conscious digital products and solutions

  Q3(Jul-Aug-Sep), 2021

• 11

  Forex24 has announced opening a new R&D centre in Kyiv, Ukraine. The new centre will help in further developing new technologies to support forex trading including mobile trading platforms, fund withdrawal solutions and advanced customization features.

  Q2(Apr-May-Jun), 2021

• 12

  Acuity Trading Launches R&D Hub in Barcelona. The centre is set to carry out dedicated research into machine learning and data sciences

  Q2(Apr-May-Jun), 2021

• 13

  DBS Bank has opened its third financial technology (Fintech) research and development center in the world in Taiwan. The other two centers are in Singapore and India.

  Q1(Jan-feb-Mar), 2021

• 14

  Singapore-Based FinTech Firm TranSwap Expands into The UK With Plans to Open New R&D Centre in Edinburgh.

  Q1(Jan-feb-Mar), 2021

Other News

• 1

  J.P. Morgan to acquire Renovite Technologies, a leading cloud-native payments technology company.

  Q3(Jul-Aug-Sep), 2022

• 2

  Singtel and Grab?s digital bank joint venture, with a consortium of Malaysian investors, has been selected to receive a full digital banking licence in Malaysia,

  Q2(Apr-May-Jun), 2022

• 3

  Broadridge is First Fintech to Utilize DTCC’s New Process for Submitting Corporate Actions Reorg Instructions

  Q1(Jan-Feb-Mar), 2022

• 4

  NCR announced the acquisition of fintech intellectual property for Open Banking from Spoke Technologies. The acquisition accelerates NCR?s move into open and international digital banking ? adding data integration capabilities supporting personalization and customer-led experiences that are applicable across Financial Services and supporting the convergence of Finance and Retail for its key clients.

  Q1(Jan-Feb-Mar), 2022

• 5

  Fintech giant Brex acquires Israel's Weav for $50 million. The startup, which offers a universal API for commerce platforms, will become the U.S. company’s R&D center in Israel

  Q3(Jul-Aug-Sep), 2021

• 6

  NCR Signs Definitive Agreement to Acquire Cryptocurrency Leader LibertyX. NCR to provide complete digital currency solution for Banks, Retailers and Restaurants

  Q3(Jul-Aug-Sep), 2021

Jobs