No Result
View All Result
  • Private Data
  • Membership options
  • Login
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHubHOT
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Subscribe
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHubHOT
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Home FINTECH

Caxton buys nimbl

Cisionby Cision
April 17, 2023
Reading Time: 2 mins read
in FINTECH, UK&IRELAND
Share on FacebookShare on Twitter

FinTech legend expands offering with purchase of nimbl pocket money card 

LONDON, April 17, 2023 /PRNewswire/ — Caxton Payments Ltd, and ParentPay, the payment system for schools, today announced a major agreement. Caxton has acquired the entire operating business and share capital of nimbl, the pocket money app from ParentPay, expanding Caxton’s offering into the fast-growing market of youth money apps and cards.

nimbl customers and their accounts will be unaffected by this change of ownership. Customers can continue to use their cards as normal and will not be asked to change their account details, log-ins or passwords. 

Under the all-cash deal, nimbl will operate as a standalone company within the Caxton group. Alana Parsons will become Chief Executive of nimbl with immediate effect, leading the company as it enters its next phase of growth. She will retain her role as Group Chief Operating Officer of Caxton,

Chief Executive of nimbl, Alana Parsons: “We’re thrilled to be expanding the Caxton magic to a wider customer base through nimbl. With its strong brand and innovative offering, combined with the resources that Caxton will provide, nimbl will make a significant impact on the youth money app market.”

Caxton founder and Group CEO, Rupert Lee-Browne said “At Caxton, we believe that financial education is essential, and we’re excited to be acquiring nimbl to expand our offerings in this area. We’re committed to helping young people learn about responsible personal finance and develop healthy habits around money management. With nimbl expertise in this field and our shared values, we’re well positioned to make a positive impact on the financial lives of young people.”

Founded in 2015 by the owners of ParentPay, nimbl taps into the growing trend of using apps and prepaid cards to teach children and young adults about personal finance. The nimbl platform provides a safe and secure way for parents and carers to give pocket money to their children, while also offering a range of features that help young people learn about budgeting, saving, and spending wisely.

About Caxton

Caxton is a multi-award winning fintech payments company which processes tens of millions of international and domestic transactions each year. A founding pioneer in the card and payments industry, Caxton is regulated by the Financial Conduct Authority and upholds stringent cybersecurity standards to create easier, faster, and more client focused payment technology. Offering a proprietary API as well as in-depth currency expertise, Caxton has maximised currency value and minimised risk for clients and card customers since 2002.

Cision View original content:https://www.prnewswire.co.uk/news-releases/caxton-buys-nimbl-301799066.html

Gateways to Italy

Gateways to Italy – Offer your services to funds and investors willing to explore opportunities in Italy. Become a partner!

Gateways to Italy – Offer your services to funds and investors willing to explore opportunities in Italy. Become a partner!

by Partner
June 6, 2023

Sign up to our newsletter

SIGN UP

Related Posts

DACH

German FinTech startup Circula secures €15 million as it cuts expense admin by 80%

May 8, 2025
FINTECH

British InsurTech Loxa raises €1.9 million for product protection in the UK

May 8, 2025
GREEN

Neuromorphic computing center established in the UK

May 8, 2025

ItaHub

Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

November 4, 2024
Italy’s SMEs export toward 260 bn euros in 2025

Italy’s SMEs export toward 260 bn euros in 2025

September 9, 2024
With two months to go before the NPL Directive, in Italy the securitization rebus is still to be unraveled

With two months to go before the NPL Directive, in Italy the securitization rebus is still to be unraveled

April 23, 2024
EU’s AI Act, like previous rules on technology,  looks more defensive than investment-oriented

EU’s AI Act, like previous rules on technology, looks more defensive than investment-oriented

January 9, 2024

Co-sponsor

Premium

Funds vying for management consulting firm BIP, a CVC portfolio company. All deals in the sector

Funds vying for management consulting firm BIP, a CVC portfolio company. All deals in the sector

March 6, 2025
Private equity, Italy 2024 closes with 588 deals as for investments and divestments from 549 in 2023. Here is the new BeBeez’s report

Private equity, Italy 2024 closes with 588 deals as for investments and divestments from 549 in 2023. Here is the new BeBeez’s report

February 10, 2025
Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

November 4, 2024
Venture capital investments top €1.3bn in 208 rounds as of Sep30  in Italy. They were €1.5 in all 2023. The new BeBeez Report

Venture capital investments top €1.3bn in 208 rounds as of Sep30 in Italy. They were €1.5 in all 2023. The new BeBeez Report

October 28, 2024
Next Post

Limerston Capital Acquires Concept Life Sciences, the Second Deal in New Fund Limerston Capital Partners II

Gazelle Wind Power Teams up with WAM Horizon to Develop Portuguese Pilot Project

EdiBeez srl

C.so Italia 22 - 20122 - Milano
C.F. | P.IVA 09375120962
Aut. Trib. Milano n. 102
del 3 aprile 2013

COUNTRY

Italy
Iberia
France
UK&Ireland
Benelux
DACH
Scandinavia&Baltics

CATEGORY

Private Equity
Venture Capital
Private Debt
Distressed Assets
Real Estate
Fintech
Green

PREMIUM

ItaHUB
Legal
Tax
Trend
Report
Insight view

WHO WE ARE

About Us
Media Partnerships
Contact

INFORMATION

Privacy Policy
Terms&Conditions
Cookie Police

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHub
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Subscribe
  • Login
  • Cart