In today’s top stories from Europe, the Middle East and Africa, the Bank of London will integrate cloud banking, Wise reports increased revenues and Walgreens will not sell its U.K.-based Boots unit. Bank of London to Integrate SAP Fioneer’s Cloud for Banking Platform The Bank...
The Bank of London, the first purpose-built global clearing agency and transaction bank, has announced that it has become a directly connected settling participant (DCSP) with the Faster Payment System, a press release said. The Faster Payment System is the U.K.’s real-time payments infrastructure, allowing...
The Bank of London has granted a non-exclusive license of its one-click checkout patent to the Seattle-based company Firmly, with an eye toward helping ad-to-checkout commerce, according to a Thursday (Jan. 13) press release. Powered by the Bank of London’s intellectual property, Firmly lets merchants...
The Bank of London is opening its doors on Tuesday (Nov. 30) as a new financial institution that aims to serve as the first purpose-built global clearing, agency, and transaction bank worldwide, according to a press release. Founded by Anthony Watson, who serves as group...
February 08, 2023
The Bank of London has topped up its Series C funding round with $40 million. With the fresh capital, announced in a Wednesday (Feb. 8) blog post, the bank’s Series C now totals $130 million, retaining the $1.1 billion valuation received during the initial round in 2021. This brings its total fundraising to $160 million, per the […]
March 07, 2022
The Bank of London, the first purpose-built global clearing agency and transaction bank, has announced that it has become a directly connected settling participant (DCSP) with the Faster Payment System,...
January 13, 2022
The Bank of London has granted a non-exclusive license of its one-click checkout patent to the Seattle-based company Firmly, with an eye toward helping ad-to-checkout commerce, according to a Thursday...
November 30, 2021
The Bank of London is opening its doors on Tuesday (Nov. 30) as a new financial institution that aims to serve as the first purpose-built global clearing, agency, and transaction...