FinAccel snaps up majority stake in Indonesia’s Bank Bisnis
The acquisition of Bank Bisnis will allow FinAccel to offer digital banking and larger loans to Indonesians.
Digital
Swiss challenger Alpian lands banking licence, raises $20m
Alpian plans to launch in Q3 2022. Prior to that, the digital bank will launch its alpha release to employees.
Advent International acquires European paytech Mangopay, invests €75m
French banking group Crédit Mutuel Arkéa will remain a minority shareholder in the firm.
New challenger Adapta Bank launches in Brazil
Brazil’s latest challenger offers banking services through a free mobile app account.
It all started with a book about monkeys
Maybe you should take your team out of the office to do something small and impactful for a few hours.
novobanco launches bespoke advisory platform with Objectway
Objectway has implemented its Investment Advice solution at novobanco, one of the largest banks in Portugal.
Savings and retirement wealthtech Lilly set to launch in US
Billed as “the world’s first retirement debit and credit card”, the service will cost from $5 a month.
NatWest taps Bottomline to tackle authorised push payment fraud
NatWest will look to utilise Bottomline’s confirmation of payee (CoP) solution.
UK’s Zopa Bank hits profitability less than two years since launch
The firm claims it is “one of the fastest digital banks to achieve profitability ever”.
Mike Regnier takes the reins as new Santander UK CEO
Regnier joins Santander from Yorkshire Building Society, where he was CEO since 2017.
Unbundling the core in the cloud: the perfect architecture for future-proof banks
Is your bank running on an operating system that is functionally unbundled, real-time, modular, cloud-native, and plug-and-play?
LSEG acquires digital ID verification data provider Global Data Consortium
GDC is a global provider of identity verification data to support clients with know your customer (KYC) requirements.
Standard Chartered combines transformation, technology and operations functions
Roel Louwhoff is Standard Chartered’s new chief transformation, technology and operations officer.
State Bank of Pakistan searches for new CTO
Pakistan’s central bank is looking for a new chief technology officer (CTO).
UK savings app Moneybox lands £35m Series D
The investment brings Moneybox’s total funding raised to date to £95 million.
Apple reportedly looking to build its own payments and lending infrastructure
Plans reportedly include bringing services such as payment processing and risk assessments for lending in-house.
Cartoon: Free solo
A new cartoon illustrating the difference in expectations between a start-up entrepreneur and a VC firm.
Eight fintech firms with impressive people and planet initiatives
Fintechs are in a unique position to build ESG criteria into the foundations of their businesses.
Banking Technology Magazine April 2022 issue out now
Cover story: WINDS OF CHANGE – Tackling the carbon cost of technology.
au Jibun Bank: a relationship for the long term
How au Jibun Bank aims to repay customer loyalty by constantly improving their banking experiences.
Money transfer app Azimo acquired by payroll and payments firm Papaya Global
The acquisition follows Papaya Global’s $250 million Series D funding round last September.
Blockchain.com valued at $14bn following Series D funding round
The round was led by Lightspeed Venture Partners with participation from Baillie Gifford.
Al Rajhi Bank Jordan in front-to-back office tech overhaul with ICSFS
Al Rajhi Bank Jordan selected ICS Banks from ICS Financial Systems following an international tender.
Egyptian super-app Khazna secures $38m Series A round
Khazna has now raised a total of $47 million to date.
UK credit card start-up Yonder exits stealth, raises £20m
Yonder is designed for the five million-strong ‘credit invisible’ market underserved by current credit providers.
How fintech can boost financial inclusion for Latin American SMBs
Fintech can give SMBs better access to financing to encourage progress and development.
Making cross-border payments more transparent
Everyone deserves transparency when managing their money, and the confidence, control and security this brings.
Webinar: How to drive up digital completion rates with hybrid banking
Learn how to optimise the digital customer experience, merging the two worlds of digital and physical.
FinTech Futures Jobs: Three great London-based jobs to apply for this week
Exciting open vacancies at Freetrade, Shopify and Railsbank. Apply today!
FinTech Futures: Top five stories of the week – 1 April 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Video: SmartStream on the use of AI and ML for regulatory alignment and transaction reporting
FinTech Futures chats with Jethro MacDonald, product manager at SmartStream.
New German fintech SaveStrike aims to help millennials invest and save
The upcoming SaveStrike app is designed to make spending, saving and investing more straightforward.
Citi plans to scale global e-commerce payments platform to 30 countries
Spring by Citi enables the bank’s institutional clients to accept consumer payments online.
ICYMI fintech funding round-up: Archie, Dapio, Finary, Jia Finance, & Zimpler
Our weekly fintech round-up for you to get the latest funding news from around the world.
White paper: State of customer experience in financial services
Insight on the shifts driving the CX priorities and practical information on how best to address them.
White paper: Next-level digital transformation in banks
How to transform the customer banking experience to compete in today’s always-on digital economy.
Charity donation app Toucan acquires fellow start-up DonatePal
DonatePal co-founder Zishan Sheikh will also join Toucan as a board advisor.
What the FinTech? | S.3 Episode 4 | Risk, resilience and regulations
In this episode, we’re joined by Wayne Scott, regulatory compliance solutions lead at NCC Group.
Goldman Sachs snaps up retirement robo-advisor NextCapital
The transaction is expected to be completed in the second half of 2022.
Mobile payments firm PM Connect appoints new CEO and CTO
Kevin Dawson has joined as the new group CEO with Sanjay Mistry joining as CTO in June.
