1. UK - Fintech
The Fintech 'challenger consultancy' firm 11:FS has lauched Foundry, its Banking-as-a-Service (BaaS) platform.
Chris Skinner (who has an interest in 11:FS, and is a non-exec) discusses the launch on his blog
"DNB, Norway’s largest financial services firm, have invested £3 million in the project, giving them a 5 per cent stake in 11:FS Foundry. The Norwegian bank intends to use the new product to optimise its unsecured credit offering.