Egyptian credit fintech Lucky raises $25m Series A
The cash will go towards cementing Lucky’s position in the market and building out its credit offering.
Digital
Où est la boulangerie?
When you ask me a question, help me pitch my answer at the right level. That’s the point of communication.
Help us make Streamly video platform better!
Streamly is a new video platform for fintech practitioners, offering specialist video content.
Waafi Bank gears up for launch with Oracle FS tech
Oracle’s partner JMR Infotech worked on the implementation at Waafi Bank.
Vitruvian partners German fintech start-up Moonfare, invests $35m
The funding from Vitruvian brings Moonfare’s total capital raised to date to $220 million.
UAE’s Mashreq Bank launches paytech subsidiary Neopay
The new wholly-owned subsidiary will consolidate all of Mashreq’s existing payment systems into a single platform.
Digital banking solutions provider Alkami buys data insight fintech Segmint for $135.5m
Alkami intends to integrate Segmint’s machine learning tech with its digital banking capabilities.
Aussie paytech Zepto secures $19m Series A raise
The Series A round was led by Airtree Ventures and Decade Partners.
DevOps: how utilising automation can help financial institutions get ahead
Financial institutions need to embrace digital transformation to keep pace in a highly competitive market.
Lunar set to acquire Norwegian digital bank Instabank for €132m
Founded in 2016, Instabank claims more than 60,000 customers in Norway, Finland and Germany.
New US banking app Swell set to launch in summer
Launching in June, the app combines checking, credit and more into one integrated account.
Lloyds Banking Group to shutter 60 UK branches
Of the 60 closures, 24 are Lloyds Bank branches, 19 are Bank of Scotland and 17 are Halifax.
How lessons from the FBI email hack can stop businesses banking on the wrong strategy
Much like the FBI, banks are highly regulated and trustworthy, making them an attractive target to hackers.
The systemic risks and vast opportunities in fintech
We speak with Megan Long, senior consultant at Deloitte, about the vulnerabilities, risks and innovations in the fintech ecosystem.
Why is digital customer onboarding so important in banking?
To offer a competitive onboarding process, most banks will need to acquire a new level of technical flexibility.
SME financing platform Oxyzo raises $200m Series A, becomes unicorn
The company’s vision is to become “India’s most profitable, tech-driven, B2B SME fintech player”.
Shortlist announced for Banking Tech Awards USA 2022
Congratulations to all of this year’s finalists.
Aussie fintech Parpera launches to help people grow their businesses
Founded in April 2020 by Daniel Cannizzaro, Parpera has already raised AUD 2.7 million in equity funding.
Platformification: a reality and strong value add
How platformification benefits the financial institution and end customer alike.
Tech giant Apple snaps up UK open banking firm Credit Kudos
Credit Kudos leverages machine learning to provide lenders an alternative to traditional credit scores.
How Welcome Tech is working to drive financial inclusion for immigrants in the US
FinTech Futures speaks to Amir Hemmat, co-founder and CEO of Welcome Tech.
PayPal hires IT veteran Archana Deskus as EVP and CIO
Deskus joins PayPal from tech titan Intel, where she served as senior vice president and CIO.
The evolving cyber threat landscape in 2022 and how fintechs can mitigate risk
Companies that operate in the financial services/fintech arena are, of course, top targets for cybercriminals.
FinTech Futures Jobs: Three great fintech companies that are hiring right now
Exciting open vacancies at Starling Bank, Experian and Monzo. Apply today!
FinTech Futures: Top five stories of the week – 25 March 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
ICYMI fintech funding round-up: Mistho, Plurall, Rupifi
Our weekly fintech round-up for you to get the latest funding news from around the world.
Construction focused US fintechs CoFi and Handle raise funding
CoFi and Handle have raised $7 million and $10 million, respectively.
Mizuho partners Google Cloud to power digital transformation
MFG says it is working with Google Cloud to deliver on the evolving needs of its customers.
UK fintech funding round-up: Answer Pay, ScribeStar, SimplyPayMe, Smartr365, & Versori
A handy round-up of the recent funding endeavours of UK-based fintechs.
US start-up Ramp reaches $8.1bn valuation with fresh $750m funding
Ramp’s raise included $200 million in fresh equity funding and $550 million in debt financing.
Banking for net-zero homes
Banks can make a significant difference to the planet, to their customers, and ultimately to their bottom line.
White paper: Three ways to improve branch performance with workforce optimisation strategies
Ensuring that your branch workforce is optimised is an essential part of managing today’s challenging banking environment.
New global head of enterprise transformation at Standard Chartered
Aniruddha Paul moves to Standard Chartered from ING, where he was chief data officer.
Danske Bank rolls out Conpend’s TRADE AI app for trade finance
Conpend is a specialist provider of document checking software for trade finance processes.
Banking app Dave partners FTX US to explore crypto payments
The partnership will see FTX Ventures, the venture fund arm of FTX Trading, invest $100 million in Dave.
UK fintech Monese hires Alistair Bennett as chief product officer
Bennett will also join Monese’s leadership team, subject to FCA approval.
What the FinTech? | S.3 Episode 3 | Lending a hand
In this episode, we’re joined by Bill Verhelle, CEO and founder of QuickFi.
Start-up Cape raises $33.1m to help businesses “unlock expense nirvana”
Cape will invest the money in technology, product expansion, and doubling its headcount in the coming months.
Finovate Europe 2022: fintech investment trends – where’s the smart money going?
Investment professionals from Citi Ventures, Albion VC and Finch Capital discussed the ‘next big thing’ in fintech.
Glia passes $1bn valuation with latest $45m funding round
Glia, a New York-based digital customer service specialist, has raised $152m to date.
