French start-up Pixpay raises €3.1m to tap younger banking generation
The funding round was led by seed and growth investor Global Founders Capital.
Consumer/Personal Finance
UK start-up Student Finance raises €1.15m to tackle university loans
The firm will cover fees and get a future share of students’ future incomes.
Private bank for YouTubers and high-net-worth youngsters 220 to launch for users next year
There is strict criteria to join the private banking community.
Swedish AI start-up Bokio raises €4m led by local investor Creandum
The start-up uses AI to simplify bookkeeping for small businesses.
Four fintech & financial inclusion trends for 2020
A gap remains for women, rural residents, & other underserved communities.
Fibank first in Bulgaria to launch PSD2-compliant open banking platform
Fibank customers will be able to move all accounts to My Fibank app.
French fintech Virgil raises €2.1m to co-own homes with first-time buyers
The start-up offers future buyers a capital contribution – not a loan.
Co-operative Bank launches personalised loan marketplace with Freedom Finance
Successful applicants “could receive funds the same day”.
Customer involvement in fraud mitigation
Pressure for speed has impacted the time available to ensure accuracy.
How to land a job in fintech
Expectations for fintech candidates have changed significantly.
Carbon footprint tracker for purchases Enfuce raises €10m
Enfuce is dubbed the biggest fintech start-up in Finland.
Video: Top fintech stories this week – 22 November 2019
FinTech Future’s weekly news round-up.
Nium powers cross-border payments for Cambodia’s PhillipBank
Cambodian institutions are increasingly engaging with their global counterparts.
Caixabank inks deal with Salesforce to bring CRM to digital banking
The companies signed the agreement at Salesforce’s Dreamforce event.
Brazil’s Pride Bank says it’s the first LGBTI+ bank in the world
Last year Brazil’s far-right president, Jair Bolsonaro, tried to stop LGBTI+ films.
PayPal sweetens e-shopping processing with Honey deal
The acquisition is PayPal’s largest to date.
Money20/20 USA: How Tangerine champions personalised digital banking with Meniga’s tech
From proof-of-concept to market launch, results, and lessons learnt.
OP Financial chooses Nordic API Gateway for open banking
OP Financial is looking for partners focusing on CX, reliability and security.
Tickr plans to raise capital in 2020 to aid its European expansion
The social impact investment platform’s co-founder tells FinTech Futures of its 2020 vision.
Ex-Virgin Money execs’ venture Snoop gets FCA approval
It can now receive financial data from banks as a registered third party.
Swedish neobank Northmill appoints new chief analytics officer from Swedbank
Georges Mansourati spent eleven years at Swedbank.
Why has Lithuania become a key destination for licensing in Europe?
As part of its newly devised strategy, Lithuania put several tools in place.
Monzo’s COO quits to launch a grocery start-up
The departure of Foster-Carter is the latest in a few personnel changes at Monzo.
Japan’s elderly fight back against cashless wave
Tokyo wants to double the ratio of cashless settlements to 40% by 2025.
CSConnect UK 2019: Round-up of key cybersecurity trends
The conference brought together chief information security officers (CISOs).
Video: Top fintech stories this week – 15 November 2019
FinTech Future’s weekly news round-up.
CSConnect 2019: Lloyds head says tech firms don’t get enough heat for banking app glitches
Lloyds head: “We’re either in this together or we’re not”.
Google sets its eyes on banking next year
The tech giant allegedly doesn’t intend to sell customers’ data.
HSBC and RBS race to launch new digital banking platforms
HSBC Kinetic is in beta testing, RBS’ neobank Bó is to launch this month.
New interest-free credit service Postpay launched in Dubai
The service aims to counter the cash on delivery culture.
Wells Fargo ordered to pay USAA $200m for infringed payments patents
USAA has further lawsuits pending over cheque deposit system.
Ecommerce insurtech Cover Genius raises $10m in Series B round
The round will fuel further growth into the UK, the US and Asia.
Three key steps that can put banks ahead in the sustainability revolution
Including adopting sustainable technology and processes lowering your carbon footprint.
The trainer and the tech
Digital design teams need to surround themselves with a diverse group of colleagues.
Video: Top fintech stories this week – 08 November 2019
FinTech Future’s weekly news round-up.
Sokin CEO: We’ll turn remittances on its head
Sokin’s CEO believes disruption hasn’t hit remittances yet.
Clearpay helps Marks & Spencer tap millennial generation
The paytech charges the merchant rather than the consumer.
CaixaBank opens “urban oasis” for Barcelona customers
The space will have Michelin star chefs and virtual rural landscapes.
India’s Reserve Bank welcomes retail paytechs to new regulatory sandbox
The bank hopes to “spur innovation in [the] digital payments space”.
Backbase Connect 2019: How Backbase built a digital bank in 47 minutes
From an uncustomised template to a fully-customised, integrated banking app with 13 mins to spare.
