UK challenger Monzo opens its doors to US customers
The launch comes four months after Monzo abandoned its attempts to gain a US banking licence.
Challenger Bank
Canadian fintech Koho lands $165m Series D funding
The firm says the investment is one of Canada’s largest fintech funding rounds.
Monzo warned by CMA over retail banking order breach
The agency says Monzo has taken adequate steps to end the breach and prevent a recurrence.
Digital bank N26 confirms departure of COO Adrienne Gormley
N26 says Gormley has “played an important role” in scaling its operations division.
FinTech Futures Jobs: Three interesting new roles to consider this week
Exciting open vacancies at Starling Bank, Klarna and Crowdcube. Apply today!
Fintech start-ups Altpay and Finz Money launch in UK
Both companies are now open for new customers to register.
Al Rajhi Bank Malaysia taps Thought Machine to power new digital bank
ARBM will deploy the Vault core banking solution to deliver Shariah-compliant banking products.
EU’s first blockchain financial institution BENKER receives EMI licence
BENKER CEO sees the introduction of blockchain to banking as the beginning of a “New World Order”.
SoFi realises ambition to become national bank with US regulatory approval
The firm filed an application with the Office of the Comptroller of the Currency in July 2020.
Video: fintech news pick of the week – Amazon, Visa, Bolt & Lunar
Our top pick of news from the world of finance and tech in bitesize video format, every week.
Case study: Recognise Bank and nCino – digital solution for SME bank
Learn how Recognise sought an end-to-end digital solution to help it offer the best service to SMEs.
UK fintech start-ups WealthKernel, Fintech Farm and Bink attract funding
The trio of UK-based fintechs have attracted investment from a range of firms.
Swiss neobank Entris selects Bottomline for digital-first payments upgrade
Entris is looking to future-proof its operations ahead of the introduction of instant payments in Switzerland.
Allica Bank selects core banking tech from start-up SaaScada
SaaScada’s tech will support Allica Bank’s new product range for SMEs.
Danish digital bank Lunar taps Thought Machine for Vault core banking solution
Lunar says it is building the “go-to app” for banking, payments and investments in the Nordic region.
Fintech funding deals globally 10 January – 16 January 2022
Featuring Checkout, Qonto, CAIS, Qraft Technologies and SEBA Bank.
FinTech Futures Jobs: Three exciting companies that are hiring in 2022
Exciting open vacancies at Klarna, Seedrs and Starling Bank. Apply today!
UK consumer lender Oplo acquired by challenger bank Tandem
Together, Tandem and Oplo will “create a fairer, greener digital bank”.
Swiss digital assets bank SEBA raises $120m in Series C funding round
The round was co-led by a consortium of specialised blockchain and fintech investors.
French fintech Qonto secures €486m Series D funding to boost European growth
The bumper funding round takes the start-up’s valuation to €4.4 billion.
US SME banking platform Novo raises $90m in Series B funding
Novo CEO Michael Rangel says the funds will go towards improving cash flow for small businesses.
Fintech start-up Twig raises $35m to support Web 3.0 plans
The London-based fintech intends to expand into the EU and US in 2022.
FinTech Futures Jobs: New year, new job? Here are three great opportunities to apply for this week
Exciting open vacancies at Monzo, Seedrs and Klarna. Apply today!
Fintech funding deals globally 3 January – 9 January 2022
Featuring OpenSea, PayFit, Petal, Sygnum and Starling Bank.
Why the key to effective engagement banking lies in behavioural science
Banks should look to utilise behavioural science to design digital experiences that promote better decision-making.
Video: fintech news pick of the week – Petal, Unibo, & iProov
Our top pick of news from the world of finance and tech in bitesize video format, every week.
Swiss digital asset neobank Sygnum raises $90m in Series B round
“The digital asset economy is rapidly crossing the chasm to mainstream adoption,” says CEO.
Old Missouri Bank to launch new digital bank powered by Jack Henry’s tech
The new digital bank will be launched nationwide in early 2023.
Challenger bank Monument appoints new CEO as co-founder moves to corporate dev role
Ex-Barclays Ian Rand is Monument’s new chief executive officer.
Spanish neobank Unibo launches to cater for property managers
Unibo raised €500,000 in a seed round in November last year.
2021: Top five new fintechs and neobanks
FinTech Futures takes a look back at some of the year’s top new fintechs and neobanks.
2021: Top five core banking deals
FinTech Futures takes a look back at some of the year’s top core banking deals.
2021: Top five movers and shakers
FinTech Futures takes a look back at some of the year’s seminal hires and appointments.
New neobank for couples Fibbl launches in India
The Bangalore-based Fibbl bills itself as a neobank for couples to manage money as a team.
Igor Kuschnir steps down as MD and CFO of Penta
Kuschnir joined Penta in 2017 following stints at Franzen and Company, Citi and Morgan Stanley.
Challenger banking player Monese makes its first acquisition
Monese has acquired Trezeo, a specialist financial services platform for the self-employed.
Indian paytech Razorpay raises $375m, plans international expansion
Razorpay’s Series F funding round now values the firm at $7.5 billion.
SweepBank launches in Europe to provide “Netflix experience” in banking
SweepBank is underpinned by Tuum’s core banking platform.
India’s Open buys neobanking start-up Finin in $10m deal
Open CEO Anish Achuthan says the acquisition will complement his firm’s BankingStack enterprise offering.
Video: fintech news pick of the week – NatWest, Tyme & Uni
Our top pick of news from the world of finance and tech in bitesize video format, every week.
