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Digital
Seedrs abandons £140m Crowdcube merger after CMA block
The CMA said the deal would “reduce competition and innovation”.
Xero makes second acquisition in a month with Tickstar
Tickstar already serves Xero customers across Australia, New Zealand, and Singapore.
Indian fintech lender KreditBee boosts record Series C with extra $70m
KreditBee’s fresh funding also saw the exit of Finnov’s Chinese investors.
SoundCloud exec BianRosa joins N26 as new CPO
BianRosa will lead all product teams for the challenger globally.
Gerlionti pick Nets to underpin launch of GerliPay
Nets is providing card management and processing services for the new app.
Former HSBC exec Maguire joins UK regtech Napier
Maguire takes up a position as an advisory board member at the firm.
Jumio raises $150m in private equity investment
Firm lands “largest funding round” of the digital identity space.
Non-fungible tokens: how do you regulate a non-conventional marketplace?
The scope and applications are vast, and there’s real potential in online gaming.
HSBC challenges fintechs with launch of SME banking app Kinetic
“We’re taking the toolkit approach of the challengers,” HSBC lead tells FinTech Futures.
Danish challenger Kompasbank lands banking licence
The neobank aims to target the SME sector in Europe.
SEB signs Google Cloud partnership extension
SEB to deploy Google services across wider segments of the bank.
Research digitisation will be the next advantage in the financial markets
Banks are now turning to research digitisation to gain significant advantage and improve client service.
Revolut applies for US banking licence days after Canada exit
Revolut’s US operations are led by banking veteran Ron Oliviera.
Freetrade raising £50m Series B for European expansion
Customers have been waiting years for European expansion.
Indiana-based fintech Zoro Card builds credit through a debit card
The fintech focuses on those disproportionately affected by insufficient credit histories.
Fintech funding deals globally 15-21 March 2021
Featuring SumUp, eToro, Plaid, SecurityScorecard, and Coalition.
Banque Saudi Fransi upgrades treasury systems with Finastra
Saudi Arabian bank goes live on new version of Finastra platform.
65% of UK financial institutions miss Treasury’s gender representation targets
Firms blamed targets for being “too ambitious”, and the impact of COVID-19 on hiring and pay.
Nigerian challenger Kuda Bank raises $25m in Series A funding
Neobank nabs more funding just four months after last round.
Pollinate secures $50m Series C funding for US expansion
UK firm has raised $218 million to date.
Dallas fintech Stretch to offer former prison inmates bank accounts
The start-up’s aim is to help America’s formerly incarcerated people transition back into the country’s economy.
New US bank on the block Sable aims to support new migrants
Sable offers both debit and credit accounts for new arrivals.
US de novo Lili targets freelancers with tax tools & early payments
It wants to give freelancers an “all-in-one” banking app.
The alternative currency revolution
We’re likely to see increased collaboration across the financial world.
Video: Top fintech stories this week – 18 March 2021
FinTech Futures’ weekly news round-up.
What the Fintech? | S.2 Episode 7 | Class is in session
Tania Ziegler, senior research associate at Cambridge, joins us on this latest episode.
PayTech Awards 2021 – call for judges
Be at the forefront of paytech innovation and gain exclusive insights by joining our all-star judging panel.
Wise considers rare direct listing on London Stock Exchange
This would see Wise circumvent the conventional IPO process.
ICYMI funding round: Fondeadora, SEON, Lendo, Nomanini & more
Plenty of funding rounds may have slipped you by this week.
Australia consults industry on more “sustainable” challenger bank licence
The APRA’s consultation closes at the end of April.
Sheroes Money is banking on India’s female entrepreneurs
India is home to just two self-made female billionaires.
US fintech Sincere to target “pet parents” with debit cards
In 2019, Americans spent $95.7 billion on their pets.
OnPath Federal Credit Union selects NCR digital banking tech
OnPath to deploy NCR’s DI system across ten branches.
OCBC launches facial recognition at ATMs, region’s first
The biometric tool will be first used for account balance enquiries – piloted by eight ATMs.
How financial services leaders can create opportunities in a crisis
Retail banking is set to undergo up to three years of acceleration in digital banking preference just this year.
UK fintechs B-North, DIEM, Encompass, and Lumio raise funding
A round-up of recent investments clinched by the UK fintech start-ups.
Low-code firm Genesis raises $45m in Series B funding round
Genesis had raised $4.8m over nine years prior to the new injection.
API fintech Flinks adds Levi King to turbocharge US growth
King brings funding, market entry, and growth expertise.
Socure raises $100m in Series D round featuring Citi & Wells Fargo
Digital identity firm to put cash towards new product lines.
