SEB Embedded teams up with Enfuce and Humla to launch Hemköp Matkonto card in Sweden
The card leverages Enfuce’s cloud-based payments infrastructure and SEB Embedded’s BaaS platform.
Business-to-Consumer/B2C
News, intelligence and resources on the global fintech industry including topics such as Business-to-Consumer/B2C.
Quantix secures $500m asset-backed securitisation financing from Citi
Quantix says the financing is “among the largest provided to a UAE fintech company to date”.
Vipps MobilePay launches Tap with Vipps in Norway as “world’s first alternative to Apple Pay on iPhone”
Debuting in Norway, the solution will expand to Denmark, Finland and Sweden next year.
Ribbon launches financial services super-app for Indian diaspora in UK with Tribe Payments
Ribbon previously tapped Tribe Payments to launch in Gibraltar earlier this year.
Sustainable investment platform Grünfin closes down
The platform was founded in 2020 to democratise access to sustainable ETFs for retail investors.
Lightyear secures direct FCA authorisation, set to relaunch in the UK
Lightyear says it plans to roll out “a number of new products” in the UK, including ISAs.
November 2024: Top five new launch stories of the month
FinTech Futures takes a look back at five of the top new launch stories in November.
Crypto wallet start-up Deblock reportedly raises £13.3m in fresh funding
Deblock was founded by former Revolut and Ledger executives in 2022.
Market Harborough Building Society launches financial education app with Doshi
The building society has used Doshi’s white-label app to launch the new offering.
CommonWealth Central Credit Union taps Jack Henry for tech upgrade
The $632 million-asset credit union is set to launch new products with Jack Henry’s core platform.
PayTech Awards 2025 now open for entries
Nominations for the PayTech Awards 2025 are now open, with the deadline for entries set for 14 March.
Mesa debuts homeowners credit card, offering rewards on mortgage and home expenses
The card allows customers to earn ‘Mesa Points’ on mortgage repayments and home-related purchases.
Prodigy Finance inks $310m funding facility with US DFC for cross-border student loans
Prodigy previously sourced a $250 million facility with the DFC in 2020.
Canadian fintech Neo Financial raises $258m in mix of equity and debt funding
The round comprised $78.9 million in equity and $179.3 million in debt.
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.
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.
Marygold & Co UK selects Griffin to embed savings accounts into money management app
The app will launch for individuals and small businesses in the UK “later this year”.
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.
October 2024: Top five payments stories of the month
FinTech Futures takes a look back at five of the top payments stories from 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.
Mitsubishi acquires 50% of Ayala’s stake in Mynt for $320m
Mitsubishi is set to snap up half of Ayala’s 13% share in Mynt.
Banking Tech Awards USA 2025 now open for entries
The deadline for entries is 7 February 2025.
Pension management company Indexo launches bank in Latvia powered by Mambu
Mambu’s integration with Indexo Bank has been underway since March last year, and was led by IT solutions provider Fintecor.
Mastercard acquires Minna Technologies to upgrade subscription experience
Minna develops technology to help consumers manage subscriptions via banking apps and websites.
BNKA launches new payments function for LATAM migrants in Europe
BNKA is enabling migrants in Europe to pay bills in Argentina.
Home equity fintech Unlock bags $30m Series B funding
The start-up has also secured a $250 million capital commitment from D2 to support its origination growth.
Dubai-based paytech Ziina raises $22m Series A ahead of ZiiCard launch
Ziina plans to expand its workforce with “additional hires from global tech giants and fintech innovators”.
Danish family-focused fintech start-up MyMonii closes down
The Copenhagen-based fintech has now been acquired by undisclosed “new owners”.
Video: Optimising cash deposits with Insignis Cash CCO Kate Eadie
Insignis Cash’s Kate Eadie chats with FinTech Futures about democratising the cash savings market.
Alt.bank in Brazil migrates novücard credit card infrastructure to Visa’s Pismo
Alt.bank now plans to launch “several new product features” for the credit card.
Kosovo’s Cash Plus selects Profile Software’s Finuevo Suite for loan process management
Profile says Cash Plus was able to go live with its cloud-based solution in “an extremely short time period”.
UK money management app Plum raises £16.1m investment
The investment is comprised of a £13.4 million Series B and a £2.7 million Crowdcube campaign.
Video: Endava at Money20/20 Europe – The evolution of B2B payments
Endava’s Scott Harkey highlights the latest technological advancements that are revolutionising B2B payments.
Dutch insurer Nationale-Nederlanden to launch digital payment accounts in 2025
The insurer says it’s currently “in the preparation phase” of launching the new offering for retail customers.
Demystify Podcast: Demystifying international payments with Eddie Harrison of Navro
In this podcast episode, Dave and Dharm chat with Eddie Harrison, co-founder and CPO of Navro.
Video: Amdocs at Money20/20 Europe – Bridging fintech’s personalisation divide
Amdocs’ Bentzium Aviv discusses how emerging technologies are powering the pursuit of personalisation.
Apple partners Santander’s Zinia for BNPL financing services in Germany
Enabling Apple’s customers in Germany to split or defer payments when purchasing goods at physical or online stores.
Student lending start-up Scolaris Finance taps Sopra Banking Software for core platform
Scolaris Finance board chair Dr Simon Aziati cites the adoption of the core platform as “a crucial step”.
Mangopay appoints Meta product lead Ariel Shoham as VP of risk product
The European payment infrastructure provider is seeking to expand its fraud prevention solutions.
Digital platform Crowded deploys Visa Direct for international money transfers
The capability enables the platform’s users to transfer funds to any eligible Visa account globally.
