The U.K. has another challenger bank in operation. BFC Bank has launched in the market to provide cross-border payments and account services for small businesses and payment service providers, the company said Wednesday (March 14). Its services include multi-currency accounts and foreign exchange services. In...
The U.K.’s Faster Payments Scheme has another participant. BFC Bank, a challenger bank with plans to launch later this year, recently announced it had joined the payments network, according to a press release published Monday (Jan. 29). The move was made to support small and medium-sized...
January 07, 2022
iFast has grabbed a majority stake in Bahrain’s BFC Bank through an agreement with bidding company Eagles Peak, a move that gives the Singapore-based FinTech a stronger foothold in the U.K., according to a Finews.asia report Friday (Jan. 7). As part of the deal, iFast will acquire 85% of Eagles Peak for 40 million pounds […]
