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Bank of London raises GBP 42 mln in new funding

News | Online & Mobile Banking | 10 Sep 2024

The Bank of London, a new clearing bank supported by Labour figure Lord Mandelson, has announced the completion of a GBP 42 million funding round.

funding, banks, financial services, transactions , financial institutions

Waafi Bank selects the Bank of London as its banking services provider

News | Online & Mobile Banking | 03 Sep 2024

The Bank of London has announced that it was selected by Waafi Bank, a startup financial institution from Malaysia, to serve as its banking services provider in the UK. 

mobile banking, online banking, digital banking, BaaS, embedded finance, API

The Bank of London extends its Series C round

News | Online & Mobile Banking | 09 Feb 2023

The Bank of London, UK’s sixth principal clearing bank, has extended its Series C funding round by USD 40 million to now reach USD 160 million.

banks, funding, regulation, investment, payments

The Bank of London joins the BACS network

News | Payments General | 12 Dec 2022

The Bank of London has joined the Bankers’ Automated Clearing Services (BACS) payment network, allowing account-to-account (A2A) payments between banks in the UK.

account-to-account payment, banks, transactions , credit card, debit card