{"id":29977,"date":"2021-11-09T12:17:00","date_gmt":"2021-11-09T12:17:00","guid":{"rendered":"https:\/\/codeandpepper.com\/?p=29977"},"modified":"2021-11-12T17:31:31","modified_gmt":"2021-11-12T17:31:31","slug":"fintech-wire-54-weekly-news-2-8-november-2021","status":"publish","type":"post","link":"https:\/\/codeandpepper.com\/fintech-wire-54-weekly-news-2-8-november-2021\/","title":{"rendered":"FinTech Wire #54: Nimbla Secures \u00a35.1m Funding, Klarna Launches One-Stop Shopping App"},"content":{"rendered":"\n<p>This week we have news from <strong>Nimbla<\/strong> and <strong>Collective Benefits<\/strong> about large investments coming their way to drive their growth. Make sure you don\u2019t miss new exciting partnerships: <strong>Verto<\/strong> and <strong>ClearBank<\/strong> join forces in the cross-border payments sphere, while <strong>Atom Bank<\/strong> and <strong>Landbay<\/strong> make a deal in the mortgage lending market. To top it all off, we take a look at <strong>Klarna<\/strong>\u2019s one-stop shopping app. Read on!<\/p>\n\n\n\n<!--more-->\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/FintechWire_1200x628_54.jpg\" alt=\"Weekly FinTech news digest: 2\u20148 November 2021\" class=\"wp-image-29978\" width=\"1200\" height=\"628\" srcset=\"https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/FintechWire_1200x628_54.jpg 1200w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/FintechWire_1200x628_54-300x157.jpg 300w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/FintechWire_1200x628_54-1024x536.jpg 1024w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/FintechWire_1200x628_54-768x402.jpg 768w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/FintechWire_1200x628_54-80x42.jpg 80w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/FintechWire_1200x628_54-118x62.jpg 118w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/FintechWire_1200x628_54-361x189.jpg 361w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/FintechWire_1200x628_54-433x227.jpg 433w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/FintechWire_1200x628_54-191x100.jpg 191w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/FintechWire_1200x628_54-720x377.jpg 720w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/FintechWire_1200x628_54-864x452.jpg 864w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/FintechWire_1200x628_54-432x226.jpg 432w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/figure><\/div>\n\n\n<article\n    id=\"fintech-news-block-block_618bb50afb174\"\n    class=\"fintech-news-block block \"\n>\n    <h1 class=\"fintech-news-block-title\">Nimbla attracts \u00a35.1m investment as demand for embedded insurance rises<\/h1>\n    <div class=\"row\">\n        <div class=\"column tablet-4 fintech-news-block-image-column\">\n          <img loading=\"lazy\" decoding=\"async\" width=\"361\" height=\"203\" src=\"https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/Nimbla-361x203.jpg\" class=\"attachment-case-study-thumbnail size-case-study-thumbnail\" alt=\"Nimbla attracts \u00a35.1m investment from Fin VC\" srcset=\"https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/Nimbla-361x203.jpg 361w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/Nimbla-300x169.jpg 300w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/Nimbla-80x45.jpg 80w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/Nimbla-110x62.jpg 110w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/Nimbla-433x244.jpg 433w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/Nimbla-178x100.jpg 178w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/Nimbla-432x243.jpg 432w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/Nimbla.jpg 640w\" sizes=\"auto, (max-width: 361px) 100vw, 361px\" \/>        <\/div>\n        <div class=\"column tablet-8\">\n          <h2 class=\"fintech-news-block-subtitle\">The funding round was led by the venture capital firm Fin VC<\/h2>\n        <\/div>\n    <\/div>\n    <div class=\"fintech-news-block-content\">\n        <p><a href=\"https:\/\/www.nimbla.com\/\" rel=\"noopener nofollow\">Nimbla<\/a>, the invoice insurance company and one of <a href=\"https:\/\/codeandpepper.com\/clients\/\">our clients<\/a>, closed a \u00a35.1 million funding round led by <a href=\"https:\/\/finvc.co\/\" rel=\"noopener nofollow\">Fin VC<\/a>, a Silicon Valley venture capital firm, with participation from Barclays Bank. The investment will aid Nimbla\u2019s plans to <b>scale up its operations, including growing the platform and team<\/b>. Apart from invoice insurance, Nimbla also allows SMEs to quickly check the credit rating of their customers for better cash flow security. The platform has processed <a href=\"https:\/\/member.fintech.global\/2021\/11\/03\/insurtech-startup-nimbla-closes-funding-round\/\" rel=\"noopener nofollow\">more than 67 million invoices, worth a total of \u00a32.6 billion<\/a>. We congratulate Nimbla on the impressive funding round and wish the whole team good luck on your expansion plans!<\/p>\n<p><b>Read more about <a href=\"https:\/\/codeandpepper.com\/case-studies\/insurtech-development-design-nimbla\/\">Nimbla in our case study<\/a><\/b><\/p>\n    <\/div>\n    <svg class=\"wave\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"280\" height=\"9\" viewBox=\"0 0 280 9\">\n    <path fill=\"currentColor\" fill-rule=\"evenodd\" d=\"M0 3.6c2.88 0 4.18-.668 5.824-1.515C7.724 1.108 9.879 0 13.998 0c4.12 0 6.274 1.108 8.175 2.085 1.644.847 2.943 1.515 5.823 1.515 2.88 0 4.179-.668 5.824-1.515C35.72 1.108 37.874 0 41.995 0c4.12 0 6.274 1.108 8.174 2.085 1.645.847 2.945 1.515 5.824 1.515 2.88 0 4.18-.668 5.826-1.515C63.719 1.108 65.873 0 69.993 0c4.12 0 6.274 1.108 8.174 2.085 1.645.847 2.945 1.515 5.823 1.515 2.88 0 4.18-.668 5.825-1.515C91.715 1.108 93.87 0 97.99 0c4.12 0 6.273 1.108 8.174 2.085 1.645.847 2.945 1.515 5.823 1.515 2.88 0 4.178-.668 5.824-1.515 1.9-.977 4.054-2.085 8.173-2.085 4.12 0 6.273 1.108 8.174 2.085 1.646.847 2.945 1.515 5.825 1.515 2.88 0 4.18-.668 5.826-1.515 1.9-.977 4.055-2.085 8.175-2.085 4.12 0 6.273 1.108 8.174 2.085 1.646.847 2.945 1.515 5.825 1.515 2.88 0 4.179-.668 5.824-1.515 1.9-.977 4.054-2.085 8.175-2.085 4.12 0 6.274 1.108 8.175 2.085 1.646.847 2.946 1.515 5.826 1.515 2.88 0 4.18-.668 5.826-1.515 1.9-.977 4.054-2.085 8.175-2.085 4.12 0 6.273 1.108 8.174 2.085 1.646.847 2.945 1.515 5.825 1.515 2.881 0 4.18-.668 5.827-1.515 1.9-.977 4.056-2.085 8.176-2.085 4.121 0 6.276 1.108 8.177 2.085 1.646.847 2.946 1.515 5.827 1.515s4.181-.668 5.828-1.515C259.718 1.108 261.873 0 265.995 0c4.121 0 6.275 1.108 8.177 2.084 1.645.848 2.946 1.516 5.828 1.516V9h-.007l-5.252-.793c-1.129-.382-2.056-.848-2.919-1.291-1.646-.847-2.946-1.516-5.827-1.516-2.882 0-4.183.669-5.829 1.516-1.9.977-4.056 2.084-8.177 2.084-4.12 0-6.275-1.107-8.176-2.084-1.647-.847-2.947-1.516-5.828-1.516-2.88 0-4.18.669-5.827 1.516-1.9.977-4.055 2.084-8.176 2.084-4.12 0-6.273-1.107-8.175-2.084-1.645-.847-2.944-1.516-5.824-1.516s-4.18.669-5.826 1.516c-1.9.977-4.055 2.084-8.175 2.084-4.12 0-6.275-1.107-8.176-2.084-1.644-.847-2.945-1.516-5.825-1.516-2.88 0-4.18.669-5.825 1.516-1.9.977-4.054 2.084-8.174 2.084-4.12 0-6.274-1.107-8.176-2.084-1.644-.847-2.943-1.516-5.823-1.516-2.88 0-4.18.669-5.826 1.516-1.9.977-4.054 2.084-8.175 2.084-4.12 0-6.274-1.107-8.174-2.084-1.646-.847-2.946-1.516-5.825-1.516s-4.179.669-5.824 1.516c-1.9.977-4.053 2.084-8.173 2.084s-6.273-1.107-8.173-2.084c-1.645-.847-2.945-1.516-5.824-1.516-2.88 0-4.179.669-5.824 1.516C90.265 7.893 88.11 9 83.99 9c-4.12 0-6.273-1.107-8.173-2.084-1.645-.847-2.944-1.516-5.824-1.516s-4.18.669-5.825 1.516C62.268 7.893 60.113 9 55.993 9c-4.12 0-6.274-1.107-8.174-2.084-1.645-.847-2.945-1.516-5.824-1.516-2.88 0-4.18.669-5.825 1.516C34.27 7.893 32.116 9 27.996 9c-4.12 0-6.273-1.107-8.174-2.084-1.645-.847-2.945-1.516-5.824-1.516s-4.179.669-5.824 1.516C7.311 7.359 1.127 8.618 0 9\"\/>\n<\/svg>\n<\/article>\n\n\n<article\n    id=\"fintech-news-block-block_618bb5d0fb175\"\n    class=\"fintech-news-block block \"\n>\n    <h1 class=\"fintech-news-block-title\">Verto and ClearBank partner to serve SMEs with cross-border payments<\/h1>\n    <div class=\"row\">\n        <div class=\"column tablet-4 fintech-news-block-image-column\">\n          <img loading=\"lazy\" decoding=\"async\" width=\"361\" height=\"203\" src=\"https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/Verto-361x203.jpg\" class=\"attachment-case-study-thumbnail size-case-study-thumbnail\" alt=\"Verto and ClearBank partner to serve SMEs with cross-border payments\" srcset=\"https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/Verto-361x203.jpg 361w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/Verto-300x169.jpg 300w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/Verto-80x45.jpg 80w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/Verto-110x62.jpg 110w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/Verto-433x244.jpg 433w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/Verto-178x100.jpg 178w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/Verto-432x243.jpg 432w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/Verto.jpg 640w\" sizes=\"auto, (max-width: 361px) 100vw, 361px\" \/>        <\/div>\n        <div class=\"column tablet-8\">\n          <h2 class=\"fintech-news-block-subtitle\">The partnership will deliver solutions for the underserved UK and EU businesses<\/h2>\n        <\/div>\n    <\/div>\n    <div class=\"fintech-news-block-content\">\n        <p><a href=\"https:\/\/www.vertofx.com\/#\/\" rel=\"noopener nofollow\">Verto<\/a>, the B2B currency exchange marketplace, and <a href=\"https:\/\/clear.bank\/\" rel=\"noopener nofollow\">ClearBank<\/a>, the digital clearing bank, <a href=\"https:\/\/ibsintelligence.com\/ibsi-news\/verto-and-clearbank-partner-to-serve-smes-with-cross-border-payments\/\" rel=\"noopener nofollow\">join forces to break down barriers to cross-border payments<\/a> for UK and European businesses. Due to the partnership SMEs will get access to a <b>multi-currency bank account and foreign exchange solutions<\/b>. Using ClearBank\u2019s multi-currency product, Verto will offer real-time payments and banking services. As Ola Oyetayo, Verto\u2019s Co-Founder and CEO, commented, \u201cWe\u2019re working together to meet a surge in demand for digital payments and address new and old challenges posed by cross-border payments, from high fees to Brexit and Covid-19 uncertainties.\u201d Verto\u2019s marketplace enables businesses to exchange currencies as well as send and receive international payments.<\/p>\n<p><b>Read more about <a href=\"https:\/\/ibsintelligence.com\/ibsi-news\/verto-and-clearbank-partner-to-serve-smes-with-cross-border-payments\/\">PayTech solutions<\/a><\/b><\/p>\n    <\/div>\n    <svg class=\"wave\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"280\" height=\"9\" viewBox=\"0 0 280 9\">\n    <path fill=\"currentColor\" fill-rule=\"evenodd\" d=\"M0 3.6c2.88 0 4.18-.668 5.824-1.515C7.724 1.108 9.879 0 13.998 0c4.12 0 6.274 1.108 8.175 2.085 1.644.847 2.943 1.515 5.823 1.515 2.88 0 4.179-.668 5.824-1.515C35.72 1.108 37.874 0 41.995 0c4.12 0 6.274 1.108 8.174 2.085 1.645.847 2.945 1.515 5.824 1.515 2.88 0 4.18-.668 5.826-1.515C63.719 1.108 65.873 0 69.993 0c4.12 0 6.274 1.108 8.174 2.085 1.645.847 2.945 1.515 5.823 1.515 2.88 0 4.18-.668 5.825-1.515C91.715 1.108 93.87 0 97.99 0c4.12 0 6.273 1.108 8.174 2.085 1.645.847 2.945 1.515 5.823 1.515 2.88 0 4.178-.668 5.824-1.515 1.9-.977 4.054-2.085 8.173-2.085 4.12 0 6.273 1.108 8.174 2.085 1.646.847 2.945 1.515 5.825 1.515 2.88 0 4.18-.668 5.826-1.515 1.9-.977 4.055-2.085 8.175-2.085 4.12 0 6.273 1.108 8.174 2.085 1.646.847 2.945 1.515 5.825 1.515 2.88 0 4.179-.668 5.824-1.515 1.9-.977 4.054-2.085 8.175-2.085 4.12 0 6.274 1.108 8.175 2.085 1.646.847 2.946 1.515 5.826 1.515 2.88 0 4.18-.668 5.826-1.515 1.9-.977 4.054-2.085 8.175-2.085 4.12 0 6.273 1.108 8.174 2.085 1.646.847 2.945 1.515 5.825 1.515 2.881 0 4.18-.668 5.827-1.515 1.9-.977 4.056-2.085 8.176-2.085 4.121 0 6.276 1.108 8.177 2.085 1.646.847 2.946 1.515 5.827 1.515s4.181-.668 5.828-1.515C259.718 1.108 261.873 0 265.995 0c4.121 0 6.275 1.108 8.177 2.084 1.645.848 2.946 1.516 5.828 1.516V9h-.007l-5.252-.793c-1.129-.382-2.056-.848-2.919-1.291-1.646-.847-2.946-1.516-5.827-1.516-2.882 0-4.183.669-5.829 1.516-1.9.977-4.056 2.084-8.177 2.084-4.12 0-6.275-1.107-8.176-2.084-1.647-.847-2.947-1.516-5.828-1.516-2.88 0-4.18.669-5.827 1.516-1.9.977-4.055 2.084-8.176 2.084-4.12 0-6.273-1.107-8.175-2.084-1.645-.847-2.944-1.516-5.824-1.516s-4.18.669-5.826 1.516c-1.9.977-4.055 2.084-8.175 2.084-4.12 0-6.275-1.107-8.176-2.084-1.644-.847-2.945-1.516-5.825-1.516-2.88 0-4.18.669-5.825 1.516-1.9.977-4.054 2.084-8.174 2.084-4.12 0-6.274-1.107-8.176-2.084-1.644-.847-2.943-1.516-5.823-1.516-2.88 0-4.18.669-5.826 1.516-1.9.977-4.054 2.084-8.175 2.084-4.12 0-6.274-1.107-8.174-2.084-1.646-.847-2.946-1.516-5.825-1.516s-4.179.669-5.824 1.516c-1.9.977-4.053 2.084-8.173 2.084s-6.273-1.107-8.173-2.084c-1.645-.847-2.945-1.516-5.824-1.516-2.88 0-4.179.669-5.824 1.516C90.265 7.893 88.11 9 83.99 9c-4.12 0-6.273-1.107-8.173-2.084-1.645-.847-2.944-1.516-5.824-1.516s-4.18.669-5.825 1.516C62.268 7.893 60.113 9 55.993 9c-4.12 0-6.274-1.107-8.174-2.084-1.645-.847-2.945-1.516-5.824-1.516-2.88 0-4.18.669-5.825 1.516C34.27 7.893 32.116 9 27.996 9c-4.12 0-6.273-1.107-8.174-2.084-1.645-.847-2.945-1.516-5.824-1.516s-4.179.669-5.824 1.516C7.311 7.359 1.127 8.618 0 9\"\/>\n<\/svg>\n<\/article>\n\n\n<article\n    id=\"fintech-news-block-block_618bb5d2fb176\"\n    class=\"fintech-news-block block \"\n>\n    <h1 class=\"fintech-news-block-title\">Pay-as-you-go insurer Collective Benefits raises $10 million from Prosus Ventures<\/h1>\n    <div class=\"row\">\n        <div class=\"column tablet-4 fintech-news-block-image-column\">\n          <img loading=\"lazy\" decoding=\"async\" width=\"361\" height=\"203\" src=\"https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/Collective-361x203.jpg\" class=\"attachment-case-study-thumbnail size-case-study-thumbnail\" alt=\"Collective Benefits raises $10 million from Prosus Ventures\" srcset=\"https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/Collective-361x203.jpg 361w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/Collective-300x169.jpg 300w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/Collective-80x45.jpg 80w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/Collective-110x62.jpg 110w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/Collective-433x244.jpg 433w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/Collective-178x100.jpg 178w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/Collective-432x243.jpg 432w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/Collective.jpg 640w\" sizes=\"auto, (max-width: 361px) 100vw, 361px\" \/>        <\/div>\n        <div class=\"column tablet-8\">\n          <h2 class=\"fintech-news-block-subtitle\">Prosus has previously invested in Wolt, Delivery Hero and Flink<\/h2>\n        <\/div>\n    <\/div>\n    <div class=\"fintech-news-block-content\">\n        <p>Anthony Beilin, Co-Founder and CEO at <a href=\"https:\/\/www.collectivebenefits.com\/\" rel=\"noopener nofollow\">Collective Benefits<\/a>, announced that <a href=\"https:\/\/www.collectivebenefits.com\/blog-posts\/collective-raises-10-million-from-prosus-ventures-the-investors-behind-wolt-delivery-hero-and-flink\" rel=\"noopener nofollow\">the company secured $10 million<\/a> from the Amsterdam-based investor <a href=\"https:\/\/www.prosus.com\/ventures\" rel=\"noopener nofollow\">Prosus Ventures<\/a>. The funding will propel Collective Benefits\u2019 cover expansion to Europe, Asia, and the Middle East and its launch of an <b>accident detection and emergency response solution<\/b>. The company\u2019s plans also include improving their digital claims experience and intensifying its educational and community-building efforts. Collective Benefits teams in the UK and Netherlands are also expected to grow in the near future.<\/p>\n<p><b>Read more about <a href=\"https:\/\/codeandpepper.com\/services\/insurance-insurtech-development\/\">InsurTech solutions<\/a><\/b><\/p>\n    <\/div>\n    <svg class=\"wave\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"280\" height=\"9\" viewBox=\"0 0 280 9\">\n    <path fill=\"currentColor\" fill-rule=\"evenodd\" d=\"M0 3.6c2.88 0 4.18-.668 5.824-1.515C7.724 1.108 9.879 0 13.998 0c4.12 0 6.274 1.108 8.175 2.085 1.644.847 2.943 1.515 5.823 1.515 2.88 0 4.179-.668 5.824-1.515C35.72 1.108 37.874 0 41.995 0c4.12 0 6.274 1.108 8.174 2.085 1.645.847 2.945 1.515 5.824 1.515 2.88 0 4.18-.668 5.826-1.515C63.719 1.108 65.873 0 69.993 0c4.12 0 6.274 1.108 8.174 2.085 1.645.847 2.945 1.515 5.823 1.515 2.88 0 4.18-.668 5.825-1.515C91.715 1.108 93.87 0 97.99 0c4.12 0 6.273 1.108 8.174 2.085 1.645.847 2.945 1.515 5.823 1.515 2.88 0 4.178-.668 5.824-1.515 1.9-.977 4.054-2.085 8.173-2.085 4.12 0 6.273 1.108 8.174 2.085 1.646.847 2.945 1.515 5.825 1.515 2.88 0 4.18-.668 5.826-1.515 1.9-.977 4.055-2.085 8.175-2.085 4.12 0 6.273 1.108 8.174 2.085 1.646.847 2.945 1.515 5.825 1.515 2.88 0 4.179-.668 5.824-1.515 1.9-.977 4.054-2.085 8.175-2.085 4.12 0 6.274 1.108 8.175 2.085 1.646.847 2.946 1.515 5.826 1.515 2.88 0 4.18-.668 5.826-1.515 1.9-.977 4.054-2.085 8.175-2.085 4.12 0 6.273 1.108 8.174 2.085 1.646.847 2.945 1.515 5.825 1.515 2.881 0 4.18-.668 5.827-1.515 1.9-.977 4.056-2.085 8.176-2.085 4.121 0 6.276 1.108 8.177 2.085 1.646.847 2.946 1.515 5.827 1.515s4.181-.668 5.828-1.515C259.718 1.108 261.873 0 265.995 0c4.121 0 6.275 1.108 8.177 2.084 1.645.848 2.946 1.516 5.828 1.516V9h-.007l-5.252-.793c-1.129-.382-2.056-.848-2.919-1.291-1.646-.847-2.946-1.516-5.827-1.516-2.882 0-4.183.669-5.829 1.516-1.9.977-4.056 2.084-8.177 2.084-4.12 0-6.275-1.107-8.176-2.084-1.647-.847-2.947-1.516-5.828-1.516-2.88 0-4.18.669-5.827 1.516-1.9.977-4.055 2.084-8.176 2.084-4.12 0-6.273-1.107-8.175-2.084-1.645-.847-2.944-1.516-5.824-1.516s-4.18.669-5.826 1.516c-1.9.977-4.055 2.084-8.175 2.084-4.12 0-6.275-1.107-8.176-2.084-1.644-.847-2.945-1.516-5.825-1.516-2.88 0-4.18.669-5.825 1.516-1.9.977-4.054 2.084-8.174 2.084-4.12 0-6.274-1.107-8.176-2.084-1.644-.847-2.943-1.516-5.823-1.516-2.88 0-4.18.669-5.826 1.516-1.9.977-4.054 2.084-8.175 2.084-4.12 0-6.274-1.107-8.174-2.084-1.646-.847-2.946-1.516-5.825-1.516s-4.179.669-5.824 1.516c-1.9.977-4.053 2.084-8.173 2.084s-6.273-1.107-8.173-2.084c-1.645-.847-2.945-1.516-5.824-1.516-2.88 0-4.179.669-5.824 1.516C90.265 7.893 88.11 9 83.99 9c-4.12 0-6.273-1.107-8.173-2.084-1.645-.847-2.944-1.516-5.824-1.516s-4.18.669-5.825 1.516C62.268 7.893 60.113 9 55.993 9c-4.12 0-6.274-1.107-8.174-2.084-1.645-.847-2.945-1.516-5.824-1.516-2.88 0-4.18.669-5.825 1.516C34.27 7.893 32.116 9 27.996 9c-4.12 0-6.273-1.107-8.174-2.084-1.645-.847-2.945-1.516-5.824-1.516s-4.179.669-5.824 1.516C7.311 7.359 1.127 8.618 0 9\"\/>\n<\/svg>\n<\/article>\n\n\n<article\n    id=\"fintech-news-block-block_618bb5d6fb177\"\n    class=\"fintech-news-block block \"\n>\n    <h1 class=\"fintech-news-block-title\">Landbay signs \u00a3500m deal with Atom Bank<\/h1>\n    <div class=\"row\">\n        <div class=\"column tablet-4 fintech-news-block-image-column\">\n          <img loading=\"lazy\" decoding=\"async\" width=\"361\" height=\"203\" src=\"https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/LandBay-361x203.jpg\" class=\"attachment-case-study-thumbnail size-case-study-thumbnail\" alt=\"Landbay signs \u00a3500m deal with Atom Bank\" srcset=\"https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/LandBay-361x203.jpg 361w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/LandBay-300x169.jpg 300w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/LandBay-80x45.jpg 80w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/LandBay-110x62.jpg 110w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/LandBay-433x244.jpg 433w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/LandBay-178x100.jpg 178w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/LandBay-432x243.jpg 432w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/11\/LandBay.jpg 640w\" sizes=\"auto, (max-width: 361px) 100vw, 361px\" \/>        <\/div>\n        <div class=\"column tablet-8\">\n          <h2 class=\"fintech-news-block-subtitle\">Atom Bank aims to drive its growth via lending through third party lenders<\/h2>\n        <\/div>\n    <\/div>\n    <div class=\"fintech-news-block-content\">\n        <p>The neobank <a href=\"https:\/\/www.atombank.co.uk\/\" rel=\"noopener nofollow\">Atom<\/a> and the buy-to-let mortgage lender <a href=\"https:\/\/landbay.co.uk\/intermediaries\" rel=\"noopener nofollow\">Landbay<\/a> <a href=\"https:\/\/www.altfi.com\/article\/8506_landbay-inks-500m-deal-with-atom-bank\" rel=\"noopener nofollow\">closed a \u00a3500 million funding deal<\/a>. The partnership aligns with Atom\u2019s larger strategy to expand its lending book via third party lenders, with the deal enabling access to new markets. It also complements Atom\u2019s offering, which already includes prime and near-prime residential mortgage products. John Goodall, CEO at Landbay, said, \u201cThis partnership with Atom will help us at Landbay to <b>extend our reach in the buy-to-let market<\/b> and broaden our offering to brokers and landlords.\u201d<\/p>\n<p><b>Read more about <a href=\"https:\/\/codeandpepper.com\/services\/alternative-financing\/\">lending software development<\/a><\/b><\/p>\n    <\/div>\n    <svg class=\"wave\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"280\" height=\"9\" viewBox=\"0 0 280 9\">\n    <path fill=\"currentColor\" fill-rule=\"evenodd\" d=\"M0 3.6c2.88 0 4.18-.668 5.824-1.515C7.724 1.108 9.879 0 13.998 0c4.12 0 6.274 1.108 8.175 2.085 1.644.847 2.943 1.515 5.823 1.515 2.88 0 4.179-.668 5.824-1.515C35.72 1.108 37.874 0 41.995 0c4.12 0 6.274 1.108 8.174 2.085 1.645.847 2.945 1.515 5.824 1.515 2.88 0 4.18-.668 5.826-1.515C63.719 1.108 65.873 0 69.993 0c4.12 0 6.274 1.108 8.174 2.085 1.645.847 2.945 1.515 5.823 1.515 2.88 0 4.18-.668 5.825-1.515C91.715 1.108 93.87 0 97.99 0c4.12 0 6.273 1.108 8.174 2.085 1.645.847 2.945 1.515 5.823 1.515 2.88 0 4.178-.668 5.824-1.515 1.9-.977 4.054-2.085 8.173-2.085 4.12 0 6.273 1.108 8.174 2.085 1.646.847 2.945 1.515 5.825 1.515 2.88 0 4.18-.668 5.826-1.515 1.9-.977 4.055-2.085 8.175-2.085 4.12 0 6.273 1.108 8.174 2.085 1.646.847 2.945 1.515 5.825 1.515 2.88 0 4.179-.668 5.824-1.515 1.9-.977 4.054-2.085 8.175-2.085 4.12 0 6.274 1.108 8.175 2.085 1.646.847 2.946 1.515 5.826 1.515 2.88 0 4.18-.668 5.826-1.515 1.9-.977 4.054-2.085 8.175-2.085 4.12 0 6.273 1.108 8.174 2.085 1.646.847 2.945 1.515 5.825 1.515 2.881 0 4.18-.668 5.827-1.515 1.9-.977 4.056-2.085 8.176-2.085 4.121 0 6.276 1.108 8.177 2.085 1.646.847 2.946 1.515 5.827 1.515s4.181-.668 5.828-1.515C259.718 1.108 261.873 0 265.995 0c4.121 0 6.275 1.108 8.177 2.084 1.645.848 2.946 1.516 5.828 1.516V9h-.007l-5.252-.793c-1.129-.382-2.056-.848-2.919-1.291-1.646-.847-2.946-1.516-5.827-1.516-2.882 0-4.183.669-5.829 1.516-1.9.977-4.056 2.084-8.177 2.084-4.12 0-6.275-1.107-8.176-2.084-1.647-.847-2.947-1.516-5.828-1.516-2.88 0-4.18.669-5.827 1.516-1.9.977-4.055 2.084-8.176 2.084-4.12 0-6.273-1.107-8.175-2.084-1.645-.847-2.944-1.516-5.824-1.516s-4.18.669-5.826 1.516c-1.9.977-4.055 2.084-8.175 2.084-4.12 0-6.275-1.107-8.176-2.084-1.644-.847-2.945-1.516-5.825-1.516-2.88 0-4.18.669-5.825 1.516-1.9.977-4.054 2.084-8.174 2.084-4.12 0-6.274-1.107-8.176-2.084-1.644-.847-2.943-1.516-5.823-1.516-2.88 0-4.18.669-5.826 1.516-1.9.977-4.054 2.084-8.175 2.084-4.12 0-6.274-1.107-8.174-2.084-1.646-.847-2.946-1.516-5.825-1.516s-4.179.669-5.824 1.516c-1.9.977-4.053 2.084-8.173 2.084s-6.273-1.107-8.173-2.084c-1.645-.847-2.945-1.516-5.824-1.516-2.88 0-4.179.669-5.824 1.516C90.265 7.893 88.11 9 83.99 9c-4.12 0-6.273-1.107-8.173-2.084-1.645-.847-2.944-1.516-5.824-1.516s-4.18.669-5.825 1.516C62.268 7.893 60.113 9 55.993 9c-4.12 0-6.274-1.107-8.174-2.084-1.645-.847-2.945-1.516-5.824-1.516-2.88 0-4.18.669-5.825 1.516C34.27 7.893 32.116 9 27.996 9c-4.12 0-6.273-1.107-8.174-2.084-1.645-.847-2.945-1.516-5.824-1.516s-4.179.669-5.824 1.516C7.311 7.359 1.127 8.618 0 9\"\/>\n<\/svg>\n<\/article>\n\n\n<article\n    id=\"fintech-news-block-block_618bb5d9fb178\"\n    class=\"fintech-news-block block \"\n>\n    <h1 class=\"fintech-news-block-title\">Klarna launches one-stop shopping app globally<\/h1>\n    <div class=\"row\">\n        <div class=\"column tablet-4 fintech-news-block-image-column\">\n          <img loading=\"lazy\" decoding=\"async\" width=\"361\" height=\"203\" src=\"https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/02\/klarna-logo-361x203.png\" class=\"attachment-case-study-thumbnail size-case-study-thumbnail\" alt=\"Klarna launches one-stop shopping app globally\" srcset=\"https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/02\/klarna-logo-361x203.png 361w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/02\/klarna-logo-300x169.png 300w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/02\/klarna-logo-178x100.png 178w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/02\/klarna-logo-432x243.png 432w, https:\/\/codeandpepper.com\/wp-content\/uploads\/2021\/02\/klarna-logo.png 640w\" sizes=\"auto, (max-width: 361px) 100vw, 361px\" \/>        <\/div>\n        <div class=\"column tablet-8\">\n          <h2 class=\"fintech-news-block-subtitle\">The app lets users shop at all online stores and manage their shopping<\/h2>\n        <\/div>\n    <\/div>\n    <div class=\"fintech-news-block-content\">\n        <p>The BNPL leader <a href=\"http:\/\/www.klarna.com\/\" rel=\"noopener nofollow\">Klarna<\/a> has launched <a href=\"https:\/\/thefintechtimes.com\/an-all-in-one-shopping-app-is-launched-by-klarna\/\" rel=\"noopener nofollow\">a shopping app to simplify the eCommerce experience<\/a>. With the one-stop solution available in all Klarna markets now, users can shop in all online stores, get exclusive deals, access the delivery tracking of their purchases, and manage payments and returns, among other features. The app also allows users to choose <b>Klarna as their payment method at all shops<\/b>, whether they\u2019re partnered with Klarna or not. The new product aims to put consumer needs at the heart of eCommerce and transform online shopping. Extra app features, such as a collective loyalty card space, money-saving tools, or live shopping events, are already in the works and set to launch soon. <\/p>\n<p><b>Read more about <a href=\"https:\/\/codeandpepper.com\/buy-now-pay-later-payment-solutions\/\">Buy Now Pay Later technology<\/a><\/b><\/p>\n    <\/div>\n    <svg class=\"wave\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"280\" height=\"9\" viewBox=\"0 0 280 9\">\n    <path fill=\"currentColor\" fill-rule=\"evenodd\" d=\"M0 3.6c2.88 0 4.18-.668 5.824-1.515C7.724 1.108 9.879 0 13.998 0c4.12 0 6.274 1.108 8.175 2.085 1.644.847 2.943 1.515 5.823 1.515 2.88 0 4.179-.668 5.824-1.515C35.72 1.108 37.874 0 41.995 0c4.12 0 6.274 1.108 8.174 2.085 1.645.847 2.945 1.515 5.824 1.515 2.88 0 4.18-.668 5.826-1.515C63.719 1.108 65.873 0 69.993 0c4.12 0 6.274 1.108 8.174 2.085 1.645.847 2.945 1.515 5.823 1.515 2.88 0 4.18-.668 5.825-1.515C91.715 1.108 93.87 0 97.99 0c4.12 0 6.273 1.108 8.174 2.085 1.645.847 2.945 1.515 5.823 1.515 2.88 0 4.178-.668 5.824-1.515 1.9-.977 4.054-2.085 8.173-2.085 4.12 0 6.273 1.108 8.174 2.085 1.646.847 2.945 1.515 5.825 1.515 2.88 0 4.18-.668 5.826-1.515 1.9-.977 4.055-2.085 8.175-2.085 4.12 0 6.273 1.108 8.174 2.085 1.646.847 2.945 1.515 5.825 1.515 2.88 0 4.179-.668 5.824-1.515 1.9-.977 4.054-2.085 8.175-2.085 4.12 0 6.274 1.108 8.175 2.085 1.646.847 2.946 1.515 5.826 1.515 2.88 0 4.18-.668 5.826-1.515 1.9-.977 4.054-2.085 8.175-2.085 4.12 0 6.273 1.108 8.174 2.085 1.646.847 2.945 1.515 5.825 1.515 2.881 0 4.18-.668 5.827-1.515 1.9-.977 4.056-2.085 8.176-2.085 4.121 0 6.276 1.108 8.177 2.085 1.646.847 2.946 1.515 5.827 1.515s4.181-.668 5.828-1.515C259.718 1.108 261.873 0 265.995 0c4.121 0 6.275 1.108 8.177 2.084 1.645.848 2.946 1.516 5.828 1.516V9h-.007l-5.252-.793c-1.129-.382-2.056-.848-2.919-1.291-1.646-.847-2.946-1.516-5.827-1.516-2.882 0-4.183.669-5.829 1.516-1.9.977-4.056 2.084-8.177 2.084-4.12 0-6.275-1.107-8.176-2.084-1.647-.847-2.947-1.516-5.828-1.516-2.88 0-4.18.669-5.827 1.516-1.9.977-4.055 2.084-8.176 2.084-4.12 0-6.273-1.107-8.175-2.084-1.645-.847-2.944-1.516-5.824-1.516s-4.18.669-5.826 1.516c-1.9.977-4.055 2.084-8.175 2.084-4.12 0-6.275-1.107-8.176-2.084-1.644-.847-2.945-1.516-5.825-1.516-2.88 0-4.18.669-5.825 1.516-1.9.977-4.054 2.084-8.174 2.084-4.12 0-6.274-1.107-8.176-2.084-1.644-.847-2.943-1.516-5.823-1.516-2.88 0-4.18.669-5.826 1.516-1.9.977-4.054 2.084-8.175 2.084-4.12 0-6.274-1.107-8.174-2.084-1.646-.847-2.946-1.516-5.825-1.516s-4.179.669-5.824 1.516c-1.9.977-4.053 2.084-8.173 2.084s-6.273-1.107-8.173-2.084c-1.645-.847-2.945-1.516-5.824-1.516-2.88 0-4.179.669-5.824 1.516C90.265 7.893 88.11 9 83.99 9c-4.12 0-6.273-1.107-8.173-2.084-1.645-.847-2.944-1.516-5.824-1.516s-4.18.669-5.825 1.516C62.268 7.893 60.113 9 55.993 9c-4.12 0-6.274-1.107-8.174-2.084-1.645-.847-2.945-1.516-5.824-1.516-2.88 0-4.18.669-5.825 1.516C34.27 7.893 32.116 9 27.996 9c-4.12 0-6.273-1.107-8.174-2.084-1.645-.847-2.945-1.516-5.824-1.516s-4.179.669-5.824 1.516C7.311 7.359 1.127 8.618 0 9\"\/>\n<\/svg>\n<\/article>\n\n\n\n<p>Don\u2019t want to miss the next news digest? Follow us on <a href=\"https:\/\/www.linkedin.com\/company\/codeandpepper\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">LinkedIn<\/a>, <a href=\"https:\/\/twitter.com\/codeandpepper\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Twitter<\/a>, and <a href=\"https:\/\/www.facebook.com\/codeandpepper\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Facebook<\/a> where every Tuesday we share the hottest headlines from the FinTech world.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week we have news from Nimbla and Collective Benefits about large investments coming their way to drive their growth. Make sure you don\u2019t miss new exciting partnerships: Verto and ClearBank join forces in the cross-border payments sphere, while Atom Bank and Landbay make a deal in the mortgage lending market. To top it all<a class=\"moretag\" href=\"https:\/\/codeandpepper.com\/fintech-wire-54-weekly-news-2-8-november-2021\/\"> Read the full article&#8230;<\/a><\/p>\n","protected":false},"author":20418,"featured_media":29978,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1641],"tags":[1633,1629,1700],"class_list":["post-29977","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fintech-wire","tag-fintech-investment","tag-insurtech","tag-uk-fintech"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FinTech Wire #54 - Weekly news digest 2-8 November 2021 | Code &amp; Pepper<\/title>\n<meta name=\"description\" content=\"This week Nimbla and Collective Benefits secure funding, Atom Bank and Landbay join forces, Klarna launches one-stop shopping app.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/codeandpepper.com\/fintech-wire-54-weekly-news-2-8-november-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FinTech Wire #54 - Weekly news digest 2-8 November 2021 | Code &amp; 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