French fintech Hero secures payment institution licence from ACPR
The new licence comes just months after Hero secured €11.3 million in equity funding.
Digital
Portugal’s Rauva appoints Pedro Ventaneira as new CRO
Ventaneira’s hiring follows Tomas Oliveira da Silva’s departure from Rauva to join Staq.io in April.
US digital banking platform Milli Bank closes down
Milli Bank, which closed on 15 November, offered a savings and spending account.
Business financial management fintech KPay raises $55m in Series A funding
KPay says the round is the “largest Series A globally in the payments sector in 2024”.
Video: Mambu at Money20/20 USA 2024 – Accelerating digital transformation
Mambu’s Anshul Verma and Deloitte’s Manpreet Singh discuss how FIs can boost their digital transformation.
Video: Highlights from FinTech Futures’ Banking Tech Insights: Limitless Banking panel and networking event
Watch our highlights video from the FinTech Futures Banking Tech Insights event on 14 November.
9fin bags $50m in Series B funding round led by Highland Europe
9fin previously raised $23 million in a Series A+ round in 2022.
UK regtech Vixio names Christian Erlandson as new board chair
Erlandson succeeds Gehan Talwatte, who has served as the company’s chair for the last two years.
The UK’s proposed ESG ratings revolution: technology as the catalyst for compliance
With the FCA set to regulate ESG ratings providers in 2025, technology is emerging as a crucial enabler for compliance.
Deel boosts European payments infrastructure with acquisition of Atlantic Money
The move follows Deel’s acquisition of South Africa-based payroll and HR company PaySpace back in March.
UK fintech Offa acquires Bank of Ireland’s Alburaq Sharia-compliant home finance portfolio
The Bank of Ireland’s Alburaq portfolio includes over 350 home purchase plans.
Blockchain firm WadzPay secures $36m investment commitment from GEM
WadzPay must be publicly listed for 36 months before the funds can be received.
FinTech Futures: Top five news stories of the week – 29 November 2024
Our pick of the top fintech news stories this week includes HSBC, Garanti BBVA, Monzo and more.
ICYMI fintech funding round-up: Habitto, Norbr, Tembo, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Lightyear secures direct FCA authorisation, set to relaunch in the UK
Lightyear says it plans to roll out “a number of new products” in the UK, including ISAs.
November 2024: Top five new launch stories of the month
FinTech Futures takes a look back at five of the top new launch stories in November.
Reem Finance taps Temenos to power new digital community bank
Reem Finance’s new digital community bank will utilise Temenos’ core banking, payments, and data analytics tech.
FinTech Futures Jobs: How to get paid more at work in 2025
Explore thousands of open roles on the FinTech Futures Job Board today.
November 2024: Top five fintech funding rounds of the month
FinTech Futures takes a look back at five of the top funding rounds to take place over November.
November 2024: Top five movers and shakers stories of the month
FinTech Futures takes a look back at five of the top movers and shakers stories in November.
November 2024: Top five banking technology stories of the month
FinTech Futures takes a look back at five of the top banking tech stories of the month.
Autotruck Financial Credit Union selects Sharetec for core banking software and digital member tools
The credit union will utilise Sharetec’s solutions to enhance the digital banking experience for its members.
November 2024: Top five payments stories of the month
FinTech Futures takes a look back at five of the top payments stories from November.
Monzo names former Nubank exec Tom Oldham as new group CFO
Alongside Oldham’s hiring, Monzo has appointed Mark Newbery as its new UK CFO.
Sweden’s TF Bank selects Nice Actimize for AML SaaS solutions
TF Bank has tapped Nice Actimize for its cloud-based SaaS AML Essentials offering.
Video: Socure at Money20/20 USA 2024 – Powering ID verification and risk decisioning in financial services
Socure’s Johnny Ayers discusses the evolution of the digital ID verification landscape at Money20/20 USA 2024.
Will 2025 be the turning point for cybersecurity in finance?
Emerging threats, new regulations, and tech innovation are key focus points for cybersecurity in financial services.
Manzil Wealth introduces new halal wealth management platform in Canada
Manzil Wealth has acquired Canadian Islamic Wealth to support its new platform’s debut.
November 2024: Top five fintech partnership stories of the month
FinTech Futures takes a look back at five of the top fintech partnership stories of the month.
Santander taps Japan’s Dentsu to build new SME international trade platform
Set to launch in Q2 2025, the platform will aim to “simplify international trade for the world’s SME community”.
Demystify Podcast: Demystifying agentification and personalisation in banking with Bud CEO Ed Maslaveckas
In this double episode special, Dave and Dharm chat with Ed Maslaveckas, CEO and co-founder of fintech Bud.
Canadian credit card issuer Collabria Financial taps Trulioo for ID verification tech
Trulioo’s platform will be used to verify more than 14,000 ID documents and 700 million business entities.
Moody’s expands lending tech suite with acquisition of Numerated Growth Technologies
Moody’s has maintained a partnership with Numerated since January this year.
CellPoint Digital bags $30m to fuel development of new payment orchestration platform
CellPoint Digital says the funding will support the launch of its Offer Order Service Delivery platform.
Revolut unveils 2025 product vision, including mortgages, an AI assistant, and branded ATMs
Revolut Business will also introduce its first business credit product in Europe next year.
Atome Financial lands $200m credit facility led by HSBC
HSBC led the investment through its ASEAN Growth Fund, supported by DBS Bank, SMBC and Baiduri Bank.
ICYMI fintech funding round-up: Kalder, Pemo, PostSig, StoreCash, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
FinTech Futures: Top five news stories of the week – 22 November 2024
Our pick of the top fintech news stories this week includes Robinhood, CaixaBank, Nationwide and more.
CFPB finalises rule to supervise big tech firms offering digital payment apps
The development cements proposals first put forward by the regulator in November last year.
Finova launches Finova Broker for the UK intermediary sector
Finova Broker builds on the Mortgage Keeper CRM solution, provided by Finova’s business formerly known as eKeeper.
