Finleap connect buys Iberian open banking firm MyValue Solutions
The deal expands the Berlin-based finleap’s presence in the Iberian market.
Digital
NewDay launches UK’s first cardless consumer credit offering
The credit provider plans a full launch of the paperless and plastic-less “Bip” later this year.
Video: fintech news pick of the week – Solarisbank, Tesco Bank and Nium
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
FinTech Futures Jobs: Three brilliant jobs to apply for this week
Exciting vacancies at Broadridge, CSC and OakNorth. Apply today!
ICYMI funding round-up: Cobee, Sila, Vincent, WhenThen, Clara & more
Another batch of funding rounds that might have flown under your radar.
Digital wallet start-up Eco lands $60m investment
Eco launched its app in March and has now raised around $94.5 million in funding.
New banking software deals for Oracle FS in Africa and India
Addis International Bank, Arab Commercial Bank, and OmniBSIC Bank are the new Flexcube takers.
Major Indian banks join trade finance blockchain project IBBIC
The consortium promises the creation of a secure environment for processing letters of credit.
Nymbus signs Plaid partnership deal to boost client onboarding
Core banking provider says deal will improve a range of identity processes for customers.
Mobile first, second and third!
Most companies talk about the importance of mobile technology, but I’m not convinced there is a proper understanding.
Greengage bank seeks Gibraltar licence to serve SMEs and crypto firms
New firm wants to be Gibraltar’s first digital merchant bank.
South African fintech Yoco looks to scale following $83m Series C round
The firm is now targeting expansion across Africa and the Middle East.
Solarisbank raises €190m in Series D, acquires Contis for UK foothold
German BaaS provider hits unicorn valuation and looks towards the UK.
B2B payments platform Nium hits unicorn status with $200m Series D round
Nium has now raised a total of around $280 million in funding.
White paper: How top companies are better mitigating fraud & enhancing CX with Phone-Centric Identity
Nine of the top ten banks use Phone-Centric Identity to mitigate fraud. Do you?
White paper: Data’s evolution in the cloud – financial services’ long-time data advantage
New research by The Economist about the banking industry’s attitudes, progress, and aspirations for leveraging data.
Deko hires former Barclays tech chief as new CTO
Tom Myles joins as CTO along with Rob Fernandes as CPO.
Core banking firm SaaScada hires Paul Payne as new CTO
New core provider on the block builds out executive team.
Paystone raises $23.8m for payments and engagement platform
Canadian company brings total raised in 2021 to $78.7 million.
Unlocking the benefits of cloud
Migrating operations to the cloud is a challenge for even the most digitally focused organisation.
Video: fintech news pick of the week – Visa, FTX and Bank of Ireland
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Paystand lands $50m in Series C funding round
The blockchain-powered payments firm will use the new capital to grow the business.
Nigerian central bank plans October 2021 digital currency pilot
The central bank ordered the cessation of cryptocurrency exchange services in February.
BNPL firm Zilch raises additional $110m in Series B extension
The funding has been led by Goldman Sachs Asset Management and DMG Ventures.
Fintechs will be at the heart of the next wave of security wars
Hackers are rapidly adapting their tactics to target features of modern fintechs.
Fintech funding deals globally 19 July – 25 July 2021
Featuring FTX, Soldo, Spendesk, Zilch and FloQast.
Starling makes Fleet Mortgages its first acquisition with £50m deal
UK challenger looks to expand into mortgages as an asset class.
Webinar: Unmortgage your mortgage processes with data
Learn how to accelerate your journey to a modern, flexible mortgage infrastructure.
Russian central bank asks exchanges to avoid cryptocurrency firms
Bank of Russia asks stock exchanges not to list crypto-adjacent companies.
FinTech Futures Jobs: Three really great jobs to take a look at this week
Exciting vacancies at Plum, Viber and BNY Mellon. Apply today!
ICYMI funding round-up: Credit Fair, Plooto, Xclaim, Weavr & more
Another batch of funding rounds that might have flown under your radar.
Payments platform Dwolla secures $21m investment
Dwolla’s last venture funding round resulted in a $12 million raise in 2018.
Dear Luc: What’s the deal with embedded finance?
This week someone writes in to ask: how can I get on the embedded finance bandwagon?
FTX Trading hits $18bn valuation with $900m Series B round
The Series B is one of the largest ever funding rounds for a crypto exchange.
Afterpay to launch lifestyle app Money on Westpac tech
BNPL firm aims to make Money a primary account for users.
Open banking myths
We are still at the start of the journey with open banking and have yet to see its full potential.
Soldo secures $180m Series C funding round
Soldo says the round is a European record for the spend management category.
US real estate platform Lev raises $30m in Series A
Lev has now raised a total of $44.8 million.
Visa to acquire Currencycloud in deal valued at £700m
Payments giant seeks to strengthen its foreign exchange business.
British Business Bank launches £375m scheme for tech start-ups
The Future Fund: Breakthrough scheme follows on from its now-closed predecessor.
