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Italy s EasyPol taps Salt Edge for account aggregation 2 hours ago
Source: Salt Edge EasyPol, an Italy-based online payments app, chooses Salt Edge, leader in developing open banking solutions, to upgrade its offering with PSD2-powered services and create a full-scale personal and business financial management platform for their Italian users. Digitalisation becomes a new economic reality across Europe and the appetite for forward-looking innovative products amongst Italian users is gaining momentum. Italy has been going through a progressive digitalisation reform at all levels, including both public and private institutions. To contribute to the current innovation wave, EasyPol is committed to upgrading its platform and offering swift assistance to serve the whole spectrum of their cust
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Apr 20, 2021
Vegan food and drink maker Oatly Group reported a $60 million loss last year as part of its filing to go public in the United States.
The Malmo, Sweden-based company, in a filing with the Securities and Exchange Commission, listed the size of the offering as $100 million, a placeholder that will change when it sets terms for the share sale.
Its existing investors will also sell shares as part of the offering, according to the filing.
Oatly reported a $60 million loss on $421 million of revenue in 2020, compared with a loss of $36 million on revenue of $204 million the previous year, according to the filing.
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QED Investors leads $20 million round in Payhawk 3 hours ago Payments and expense management platform Payhawk has raised a Series A $20 million financing round led by QED Investors. Existing investor Earlybird Digital East, which led a $3.6 million seed round in March 2020, is also contributing fresh capital.
Payhawk acts as a one-stop-shop for integrated payments, invoices and expense management tools for finance teams that can serve businesses operating in 30 countries.
The company has posted 10x growth in 2020, and doubled its revenue in Q1 of 2021. Its customer base consists of a mix of fast-growing and multinational companies including LuxAir, Lotto24, Viking Life, ATU, Gtmhub, MacPaw and By Miles.
Spate of break-ins: Rotorua Aquatic Centre, retail and takeaway shops all hit
19 Apr, 2021 09:10 PM
2 minutes to read
A large window at Backdoor retail store on Tutanekai St sustained significant damage during an overnight attack. Photo / Andrew Warner
A large window at Backdoor retail store on Tutanekai St sustained significant damage during an overnight attack. Photo / Andrew Warner
Rotorua Daily Post
Rotorua police were called to a spate of break-ins overnight and this morning with two separate incidents happening within an hour of each other.
A hospitality boss says the behaviour is disgusting and businesses in the CBD were at breaking point .
Editorial | what does this mean?
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.
FintechOS raises $60m 2 hours ago FintechOS, a European startup promising a low-code approach to helping financial institutions quickly and painlessly go digital, has raised $60 million in a Series B funding round led by Draper Esprit. Earlybird Digital East, Gapminder Ventures, LAUNCHub Ventures, and OTB Ventures joined the round for London-headquartered FintechOS.
As established banks and insurers look to accelerate their digitisation programmes in the face of growing competition from fintech upstarts, they are often faced with lengthy and laborious rip and replace strategies that require high levels of technology expertise and investment.