Banking Technology May 2020 issue out now
Hope springs eternal: discovering alternative lending in times of crisis.
Challenger Bank
Revolut announces redundancy of 60 employees due to coronavirus
“We have made every effort to protect every job,” says fintech.
Rocker and Enfuce sign Nordic card issuance partnership
Enfuce to supply Visa card issuing to Swedish neobank.
Kestrl to offer UK consumers ethical banking alternative
The debit card launch is expected sometime in Q3 following a June beta.
SadaPay drives contactless adoption with Mastercard in Pakistan
The digital wallet aims to deliver three million cards over the next five years.
Masthaven Bank shakes up leadership with new CEO
Leigh Bartlett moves into the CEO position as founder Andrew Bloom steps back.
Alpian lands $12.6m in Series A
Alpian is applying for its own banking licence.
COVID-19: Highlight of the week
We focus one particular coronavirus news item affecting the fintech industry.
Monzo appoints Sujata Bhatia as its new COO
Prior to Monzo, Bhatia spent almost 16 years at American Express.
Video: Top fintech stories this week – 01 May 2020
FinTech Futures’ weekly news round-up.
What the Fintech? Episode 4 | Partnerships: till death do us part
Sean Hunter CIO at OakNorth, offers his advice to companies struggling to make a partnership work.
Tide picks Mambu to power credit facilities and overdrafts
Tide is revamping its customer offerings and adding new functionality with Mambu.
Video: Top fintech stories this week – 24 April 2020
FinTech Futures’ weekly news round-up.
Monzo applies for US banking licence
Monzo applied to the US OCC for the licence on Monday.
The future of commercial lending lies in leveraging AI to enhance humans
Humans have been completely removed from the decision workflow and replaced by technology.
Challenger Zelf to launch banking offering solely through messenger apps
“We have migrated into the top screen time for Gen Z’s and millennial’s,” says founder.
World Fintech Report 2020: “Traditional banks are at a critical juncture”
“They must embrace Open X or risk becoming irrelevant,” says John Berry, CEO of Efma.
PayTech Awards deadline extended! Submit your entry by 30 April
We have received more requests for extensions than ever before, so we are extending the entry deadline again until the end of April.
Indian challenger-to-be Jupiter raises $2m in venture funding
The new round comes as a top-up to a $24m injection from November 2019.
Women-only neobank Elas to launch in Brazil
Elas was officially founded in January this year.
Revolut and open banking – what’s the big deal?
The announcement from Revolut should be seen as a must win gamble.
2020 Review: Top 10 funding rounds this quarter
A look back at some of the biggest investments this past quarter.
Video: Top fintech stories this week – 10 April 2020
FinTech Futures’ weekly news round-up.
Banking Technology April 2020 issue out now
All things equal: Closing the gender gap in fintech.
86 400 raises AUD 34 million in Morgan Stanley-led Series A
This brings the total capital raised by 86 400 up to AUD 90 million.
UK challenger bank Neuros to offer money management for neurodiverse users
The founder discovered she had ADHD whilst building the bank.
Video: Top fintech stories this week – 03 April 2020
FinTech Futures’ weekly news round-up.
PayTech Awards deadline extended! Submit your entry by 10 April
Premier awards for banks, financial, payment & e-commerce institutions, paytech vendors, individuals & teams!
Japanese challenger Kyash lands $45m Series C
To date, the fintech has raised $73 million since its creation in 2015.
LA challenger bank HMBradley launches to tap savers
The bank says it will offer up to a 3% return rate on deposits.
Icelandic challenger bank Indó prepares for launch
The prospective first digital bank in the country is seeking a licence.
Virtual bank Airstar launches pilot in Hong Kong
The digital bank will onboard roughly 2,000 customers.
Unicorn hopeful Lanistar lands $2.5m
Founder says it wants to become a £1 billion “banking alternative”.
Video: Top fintech stories this week – 27 March 2020
FinTech Futures’ weekly news round-up.
Meri Williams steps down as CTO of Monzo
It is not clear who is taking up Williams CTO responsibilities.
Hong Kong’s first virtual bank opens its digital doors
Za Bank launches with incumbent-challenging interest rate.
UK challengers Revolut and Monzo combat claims they are going bust
Revolut dubs the claims “fake news”, and Monzo says it is “here to stay”.
Video: Top fintech stories this week – 20 March 2020
FinTech Futures’ weekly news round-up.
Square lands conditional banking licence from FDIC
The bank will be based in Utah.
Neobank for America’s middle-class One lands $17m Series A
The 40-person challenger has opened early access to its private beta.
