Plaid agrees $58m settlement over data privacy class action
The plaintiffs alleged Plaid stored and used bank account information without consent.
Digital
Open banking platform finleap connect overhauls management team
Uwe Sandner, Katja Hunstock and Ignacio Garcia named as CTO, CPO and CSO.
Malaysian challenger BigPay raises $100m to fund Asian expansion
BigPay is the fintech unit of Malaysian budget airline AirAsia Group.
Why banks and fintechs need to be strategic with digital transformations
Here are a few tips to consider when developing a strategy for digital transformation.
Fintech funding deals globally 2 August – 8 August 2021
Featuring Rapyd, Human Interest, Unico, Matrixport and Kuda.
Fintech start-up Zeni secures $34m Series B investment
California-based fintech will use the new financing to invest in growth and new hires.
Extended deadline announced for Banking Tech Awards 2021
The new nomination deadline for the Banking Tech Awards 2021 is 20 August.
Paysafe signs deal to acquire alternative payments platform PagoEfectivo
The deal is expected to close by the end of August.
Indian challenger bank Jupiter lands $45m Series B funding co-led by Nubank
The start-up has now raised around $71 million in total.
Apple partners Affirm Holdings to launch Canadian BNPL service
Apple will allow customers to pay in instalments to buy iPads, iPhones, and Macs.
How evolving tech is changing digital habits
A deeper look at some of the technologies that are changing our digital habits.
Video: fintech news pick of the week – Rapyd, Monzo and Mercury
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
ICYMI funding round-up: Snoop, Easy, Wildfire Systems, Ritmo & more
Another batch of funding rounds that might have flown under your radar.
FinTech Australia searching for new CEO as Schot-Guppy announces departure
Departing CEO will take up a new role in October.
Teachers Building Society selects Finastra’s Fusion Essence Cloud
UK building society becomes first mutual to pick Finastra system.
Australian challenger Alex goes live on Temenos
The digital bank was granted a banking licence by APRA last month.
Indian fintech BharatPe secures unicorn status with $370m Series E round
The company says the investment takes its valuation up to $2.85 billion.
UAE-based BNPL provider tabby lands $50m Series B funding
The round takes the company’s valuation up to $300 million.
Dear Luc: Should I pick a fintech specialist or a jack-of-all-trades?
This week someone writes in to ask: should I pick a fintech specialist or a holistic provider to partner?
Fifth Third completes acquisition of healthcare fintech Provide
Provide offers financial products targeted at healthcare practices.
NCR to acquire crypto ATM firm LibertyX
The deal will see NCR deploy LibertyX across its software suite.
Exclusive: Central Bank of Egypt selects collection of Oracle FS platforms
Central bank picks a range of systems from digital banking to treasury and credit facilities.
Exclusive: Oracle FS wins major lending deal with AT&T
US telecoms giant picks lending and leasing solutions.
Financial infrastructure firm Prime Trust secures $64m Series A funding
Las Vegas fintech looks to continue its growth and expand into new markets.
QR codes – changing the consumer experience in banking
Introducing the “touches ATM experience” with QR codes.
Cuscal picks BHMI’s Concourse to support upcoming NPP initiative
PayTo will look to enhance the current NPP payments system.
Nigerian challenger Kuda raises $55m in Series B funding round
Kuda lands valuation of $500 million, and total raised of $91m.
Behalf raises $100m in debt financing to expand BNPL offering for B2B firms
The company also secured $19 million in a venture funding round.
White paper: Accelerating insurance digital transformation – three top tech priorities
Actionable advice on what insurers should do and how – when it comes to transforming your business.
Capturing the Gen Z market starts with onboarding
Fintechs should deliver the digital-first experience Gen Z expects from the minute they sign up.
Video: fintech news pick of the week – Square, Lloyds and VNLIFE
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Rapyd raises $300m in Series E funding round
The financing follows a $300 million Series D round earlier this year.
Digital banking start-up Mercury hits $1.6bn valuation with new $120m funding
Digital bank secures unicorn status with Series B funding round.
Vietnamese fintech VNLIFE lands $250m Series B funding
The funds will be used to fuel its “continued digitisation of Vietnam’s service ecosystem”.
FCA investigating Monzo as challenger reports £115m yearly loss
The FCA is investigating Monzo over potential breaches of money laundering laws.
The future of paytech in APAC
Some of the emerging paytech trends that have gained momentum in APAC.
Report: Self-service banking – the key to customer acquisition and retention
Fintech Futures investigates how self service banking has changed and what firms can do to keep up.
Fintech funding deals globally 26 July – 1 August 2021
Featuring iCapital, Fireblocks, VNLIFE, Solarisbank and At-Bay.
Finnovex Southern Africa Summit: agile digital disruption strategies for banks and FIs
This year’s theme was “Adapting Reinvention to a Rapidly Changed World”.
Klarna builds out retailer support with APPRL acquisition
The deal adds a platform for linking creators and retailers to Klarna’s retail ecosystem.
