Wise considers rare direct listing on London Stock Exchange
This would see Wise circumvent the conventional IPO process.
Digital
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.
Wealthtech for asset managers FundSense launches in UK
FundSense licenses the platform on a per-user basis.
New central bank rules push Pakistan’s banks towards digital payments
All Pakistani banks will need to provide debit cards to users who don’t already have one.
Dear Luc: When is the best time to expand my fintech abroad?
When is the right time for a fintech to go beyond the domestic market?
Ikigai launches in UK to disrupt the asset percentage pricing model
Ikigai is charging a flat £10-a-month fee to early access users.
Web browser Opera hires ex-PayPal and Tencent exec to lead new fintech arm
The new EVP likens Dify’s potential to PayPal’s market disruptor status.
Rush Gold launches mobile card to pay with gold in real-time
The Mastercard offering is powered by EML Payments.
Nest Bank picks Fiserv for card issuance revamp
Fiserv’s First Data brand is handling the implementation.
Dwolla hires Dave Glaser as new COO
Glaser has worked at Mastercard, Visa, and Worldpay.
Technology is winning the fight for financial inclusion
Enlist technology as an ally in the fight against financial exclusion.
Banking Tech Awards 2020 Winner: Moxtra – Best Digital Banking Solution Provider
Enabling digital customer experience in financial services and beyond.
Revolut exits Canada after trialling beta for year and a half
Canada is a difficult market for challengers to crack.
Autobooks raises $25m in Series B round featuring TD Bank
Paytech firm to explore options abroad after new raise.
Emirates NBD chief digital officer leaves to pursue entrepreneurship
Evans Munyuki resigns after brush with COVID-19.
Fintech funding deals globally 8-14 March 2021
Featuring Stripe, Starling, BlockFi, Cedar, and Flutterwave.
State of play: account-to-account (A2A) payments
In-depth analysis and understanding of the market landscape by our resident fintech analyst.
Tencent suffers $65bn market value blow, analysts put fintech business at “zero”
Tencent, like Ant, holds a financial foothold in China which rivals banks.
First Iraqi Bank selects ICS Banks core banking tech from ICSFS
Start-up bank FIB aims to transform the banking sector in Iraq and the wider MENA region.
Stripe reaches $95bn valuation on back of fresh $600m injection
This year, Stripe will continue to pursue enterprise clients.
KKO picks Pannovate to underpin digital bank launch in Mexico
KKO plan a new bank for young professionals.
Banking Tech Awards 2020 Winner: Alexandra Boyle – Rising FinTech Star
Alexandra Boyle is OpenFin’s director, head of strategic client group in Europe.
Video: Top fintech stories this week – 12 March 2021
FinTech Futures’ weekly news round-up.
Banking Technology March 2021 issue out now
Creating communities: celebrating women in fintech this Women’s History Month
Goldman-backed Flywire files paperwork for IPO which could reach $3bn
Flywire has listed itself as profitable since its Series B funding round in 2013.
NatWest shutters three-year-old fintech lender Esme Loans
Esme Loans enjoyed a London Tube advertising campaign for a time.
ICYMI funding round-up: Exabel, ClearGlass, Cheese, Flowcast & more
Plenty of funding rounds may have slipped you by this week.
Atom Bank to close funding round at half its 2019 valuation
One of Atom’s largest shareholders isn’t able to participate in the sale.
Women in fintech: Clipped wings, part-time stigma & ignorant assumptions
Women highlight gender bias in the financial services workplace.
South African fintech Adumo lands $15m from World Bank member
Adumo helps businesses move from cash transactions to digital payments.
