Italian payments app Satispay raises €60m, plots 2025 launch of investment services
The paytech unicorn has now raised over €500 million in total funding to date.
Business-to-Business/B2B
Video: WorkWave at Money20/20 USA 2024 – Driving growth for field services companies
Jacob Olins, VP of Fintech at WorkWave, discusses how the company is utilising innovations in fintech and payments.
Video: Codat at Money20/20 USA 2024 – Innovation in B2B payments
Codat’s Joey Rault and JP Morgan’s Jesse Schwarz discuss the evolving B2B payments landscape at Money20/20 USA.
Interview: Jason Cao on Huawei’s fintech frontier and digital transformation innovation
Cao details the best strategies for digital amid a “highly challenging time” for the global banking industry.
FinTech Futures: Top five news stories of the week – 8 November 2024
Our pick of the top fintech news stories this week includes Bank of New Zealand, Airwallex, Griffin and more.
Visa backs four new African fintech start-ups as part of $1bn continental commitment
OkHi, Workpay, Oze and Orda.Africa have all received investment from Visa.
NatWest teams up with Capco to deliver new ISO 20022-compliant Bankline Direct Digital solution
The host-to-host solution is poised to assist corporates and financial institutions in complying with ISO 20022.
Video: Form3 at Money20/20 USA 2024 – The evolution of instant payments
FinTech Futures chats with Dave Scola, CEO of Form3, about instant payments trends in the US.
UK banks and mobile operators take on APP fraud with new Scam Signal solution
Delivered via API, Scam Signal enables banks to spot correlations between mobile data and fraudulent transfers.
NatWest debuts B2B virtual card solution Approval2Buy in partnership with Mastercard
NatWest has delivered the offering using Mastercard’s virtual card and tokenisation technology.
B2B payments platform Melio secures $150m Series E funding round
The round values Melio at $2 billion, down from its previous $4 billion valuation in 2021.
Netherlands-based Intersolve names Five Degrees co-founder Martijn Hohmann as provisional CEO
Hohmann takes the reins of the payment processor from managing director André Moen.
Airwallex reportedly in talks over fresh $200m investment at new $6bn valuation
Airwallex last raised $100 million through a Series E extension two years ago at a valuation of $5.5 billion.
ICYMI fintech funding round-up: Brightwave, Mala, UnitPlus, Parachute, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
PSP Services buys NCR Atleos’ transaction processing and card management business in Canada
PSP Services says it will incorporate the business into its HLX Unified Commerce Platform.
nCino acquires FullCircl in $135m deal
nCino previously partnered with FullCircl in 2023 to integrate its data capabilities.
October 2024: Top five payments stories of the month
FinTech Futures takes a look back at five of the top payments stories from October.
October 2024: Top five AI stories of the month
FinTech Futures takes a look back at five of the top AI stories from October.
AI co-pilot solution Reflexivity raises $30m Series B led by Greycroft and IBKR
The raise builds on a $10.5 million Series A closed by Reflexivity, then known as Toggle AI, in 2021.
Sibos 2024: Oiling the wheels of trade with digitalisation
Digitalisation is driving sweeping changes throughout the global trade ecosystem.
October 2024: Top five fintech partnership stories of the month
FinTech Futures takes a look back at five of the top fintech partnership stories of the month.
October 2024: Top five fintech funding rounds of the month
FinTech Futures takes a look back at five of the top funding rounds to take place over October.
Dutch paytech Online Payment Platform secures EMI licence in the UK
The company adds that the new licence “now allows OPP to offer a wallet solution” for businesses.
Interface.ai emerges as “most valuable AI company in banking” with Avataar-led $30m funding round
Interface.ai provides pre-trained agentic AI solutions specifically tailored to community banks and credit unions.
October 2024: Top five movers and shakers stories of the month
FinTech Futures takes a look back at five of the top movers and shakers stories in October.
October 2024: Top five core banking stories of the month
FinTech Futures takes a look back at five of the top core banking stories of the month.
Sibos 2024: Charting a path for digital securities with BNP Paribas – video interview
BNP Paribas’ Gary O’Brien discusses the pursuit of faster settlements in Asia, Europe and North America.
Canada’s Central 1 announces plans to wind down its digital banking business
The company says it will transition its digital banking clients “to one or more alternative digital banking providers”.
ICYMI fintech funding round-up: Authologic, Klasha, CardFlight, and Salt
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Socure inks $136m deal to acquire AI-powered risk decisioning platform Effectiv
The deal is expected to close next month, with the entire Effectiv team set to join Socure.
Sibos 2024: The convergence of TradFi and DeFi with Chainlink – video interview
Sergey Nazarov details the latest tools and strategies for integrating blockchain technology with TradFi systems.
MDXT acquires UK data management start-up Schematiq
Schematiq’s tech allows EUC models to be controlled, governed, tested and shared through APIs.
Sibos 2024: Future-proofing data and the promise of ISO 20022
The Big Issue Debate at Sibos explored the true potential of total ISO 20022 adoption.
Sibos 2024: Real-time payments in focus with ACI Worldwide – video interview
Dive deep into the latest developments in real-time payments from across the globe with ACI Worldwide.
Banking Tech Awards USA 2025 now open for entries
The deadline for entries is 7 February 2025.
Nigeria’s OmniRetail acquires SME payments platform Traction Apps
OmniRetail is a start-up aiming to digitise traditional e-commerce through its suite of software products.
Procurement fintech Zip raises $190m Series D at $2.2bn valuation
Zip’s company value has increased 47% since its $100 million Series C last year.
Charles Schwab to phase out Institutional Intelligent Portfolios platform in favour of iRebal solution
Schwab will no longer be opening new accounts on the platform from 15 November 2024.
Zenus Bank launches global BaaS offering following Tuum tech integration
Zenus Bank says it has integrated Tuum’s Accounts and Payments modules into its tech ecosystem.
Daily News at Sibos 2024
Download your free copy of the Daily News at Sibos publication today!
