Web Summit 2020: A fintech summary
Stripe is looking at products around digital identity.
Stripe is looking at products around digital identity.
The fintech removes the need for renters to pay a deposit for a rental property.
Last month, Monzo’s former legal head James Sullivan joined Ziglu.
The central bank will run tests in early 2021.
“[It’s] payday so it means that TSB online banking and app is down again.”
Pair of major banks interested in Starling Bank’s potential following profit announcement.
Join comedian Tom Ward for the 2020 Banking Tech Awards. Broadcast online on 10 Dec, 3:30pm GMT and is free to attend.
Zen’s offering is split into consumer-facing and business-facing.
Novi’s digital wallet is “ready from a product perspective”.
German tuition is largely free, making aid for living costs scarce.
The regulator says it “received complaints about ads for Lanistar”.
Square enjoyed a 4% jump in stock market value following the announcement.
Before impairment charges, Virgin Money’s underlying profit stood at £625m.
Oportun currently has licences in 12 states.
Oltio is a smaller South African firm which hosts QR code payments for Mastercard.
To date, the fintech claims it has surpassed $90 million in customer deposits.
Currently Western Union provides stc pay with money transfer services.
Plex will sit in the wider, revamped Google Pay app.
UK payments-as-a-service fintech Modulr is among them.
Mintos currently hosts 68 lending companies.
The start-up plans to launch in 2021.
It launched in 2016 and became cash flow positive in 2017.
Alongside its fresh capital injection, the start-up has also launched NestEgg Pay.
Incumbents and fintechs face the same challenges when scaling real-time payments.
MSU holds around $5.5 billion in assets and is America’s 48th largest credit union.
“We’ve already broken even,” says CEO.
“I wanted to take high-end tech to the bottom of the pyramid,” says CEO.
RTR marks a big step in modernising Canada’s payments system.
The firm is “not ready to announce anything yet”.
The CBIRC’s Liang Tao warned fintech lenders at a conference in Beijing this week.
The payments provider will accept digital currencies via ICON’s blockchain ecosystem.
Clikalia’s IPO ambitions were likely a big part of Santander’s decision to invest now.
“People think we just bought a load of start-ups and slapped our name on them,” says CTO.
ING acknowledges the claim, but cannot comment further at this time.
The bank’s aim behind the new service is to create “one global account”.
The launch has been delayed for years since its beta testing in 2018.
Starling, Curve and GoCardless are raising rounds in excess of $100m.
“I recognised there was more that we could do, and my employer completely backed me.”
The start-up already has some 25 employees.
Santander claims its UK app has 4 million monthly active users at present.