October 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 October.
Digital
Wildfire Systems lands $16m Series B led by Intuit Ventures and Mucker Capital
The new cash injection brings Wildfire’s total funding to date to $36 million.
Sibos 2024: The rise of digital wallets and the future of cross-border payments
Cross-border payments are evolving, with digital wallets becoming a crucial part of the global financial ecosystem.
Interview with Seamus Smith, FIS Automated Finance, winner of PayTech Leadership – At the Helm award
With 20+ years of experience, Seamus Smith is EVP group president of Global Automated Finance at FIS.
Announcing the panellists for Banking Tech Insights: Limitless Banking on 14 November in London
FinTech Futures’ Banking Tech Insights: Limitless Banking event is free to attend. Register your interest today.
Nymbus and PeoplesBank partner to launch two employer-focused financial wellness solutions
Nymbus says the collaboration will target “the pressing need for improved financial wellness tools”.
First Carolina Bank snaps up BM Technologies for $67m
Following the deal, BMTX will retain its name and will be led by current president and CTO Jamie Donahue.
Sibos 2024: Charting a path for digital securities with BNP Paribas – video interview
BNP Paribas’ Gary O’Brien discusses the pursuit of faster settlements in Asia, Europe and North America.
Canada’s Central 1 announces plans to wind down its digital banking business
The company says it will transition its digital banking clients “to one or more alternative digital banking providers”.
Santander launches e-commerce payments solution Getnet SEP for LatAm merchants
The solution is first being made available to merchants in Argentina, Brazil, Chile and Mexico.
White paper: Switching analytics platforms – a checklist for banks & financial services in the EU
This checklist will help guide EU banks through the complex process of switching web analytics providers.
Western Union acquires Singtel’s mobile wallet Dash
Dash has accrued 1.4 million customers since launching 10 years ago.
Wealthsimple launches in-app travel eSIM powered by Gigs
The offering operates as part of Wealthsimple’s new lifestyle rewards programme.
Gearing up for the bargain battle
Core banking modernisation can be done without a large migration team and without disruption to customers.
ICYMI fintech funding round-up: Authologic, Klasha, CardFlight, and Salt
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Socure inks $136m deal to acquire AI-powered risk decisioning platform Effectiv
The deal is expected to close next month, with the entire Effectiv team set to join Socure.
Sibos 2024: The convergence of TradFi and DeFi with Chainlink – video interview
Sergey Nazarov details the latest tools and strategies for integrating blockchain technology with TradFi systems.
Moneybox’s valuation climbs to £550m with new £70m investment
Moneybox says the investment will “mainly be facilitated through a secondary share sale”.
Arab Financial Services lands $50m investment
Last year, AFS agreed to power ila Bank’s prepaid Bahraini-denominated card offering.
The shifting sands of influence in fintech
Dubai has become a global fintech hub and has ambitions to be a leader in technologies such as AI as well.
EquiLend names former ION head Rich Grossi as new CEO
Grossi has previously served as CEO of Openlink Financial and ION Corporates.
Sibos 2024: Blockchain breakthroughs and Liink’s leap with JP Morgan – video interview
JP Morgan’s Gloria Wan highlights blockchain’s advantages over traditional methods for cross-border payments.
Tompkins Community Bank deploys NCR Atleos’ ATM-as-a-Service
NCR Atleos will now handle all management and processing for Tompkins’ self-service channels.
Afin Bank lands AwR banking licence, plots 2025 launch of mortgage offering for UK’s African diaspora
Afin Bank has now entered the mobilisation stage and plans to begin lending next year.
Tide acquires SME payroll fintech Onfolk
Onfolk will be integrated into the Tide app as ‘Tide Payroll’.
Sibos 2024: Data lakes and deepfakes
It’s a brave new world out there, and the bad guys have all the tools and none of the legacy to hold them back.
Sibos 2024: Mastering money movement with Visa – video interview
Visa Direct CRO Vera Platonova details how to navigate the complexities of moving money internationally.
Sibos 2024: Future-proofing data and the promise of ISO 20022
The Big Issue Debate at Sibos explored the true potential of total ISO 20022 adoption.
GTBank live with new core banking system, Infosys Finacle
The Finacle core banking system has replaced GTBank’s legacy ICS Banks solution from ICSFS.
LendInvest renews £300m warehouse financing deal with HSBC, Barclays, and BNP Paribas
In September, LendInvest also increased its funding agreement with JP Morgan by £500 million.
GoCardless reportedly set to become the latest UK fintech to conduct a secondary share sale
Fellow UK fintech giants Revolut and Monzo have both conducted secondary share sales in recent months.
Sibos 2024: Why the future of finance is atomised, embedded, and real time
The convergence of atomisation, embedded finance, and real time is creating a new paradigm in financial services.
Sibos 2024: Watch this space – record high remittances and the India growth story
India is fast emerging as a blueprint for players in the payments industry.
Mitsubishi acquires 50% of Ayala’s stake in Mynt for $320m
Mitsubishi is set to snap up half of Ayala’s 13% share in Mynt.
Sibos 2024: Digitising trade finance with HSBC – video interview
We explore the next evolution of trade finance with HSBC’s Vivek Ramachandran.
Sibos 2024: Real-time payments in focus with ACI Worldwide – video interview
Dive deep into the latest developments in real-time payments from across the globe with ACI Worldwide.
Sibos 2024: AI and the human-centric future of financial services
To be future ready will require us to be not only data-ready, but empathy-enabled.
Sibos 2024: The evolution of payments collaboration in financial services
Day two of Sibos 2024 featured a number of insightful panels and keynotes on the future of payments.
Sibos 2024: The future of real-time payments with Mastercard – video interview
Mastercard’s Helena Forest discusses the latest developments in the world of real-time payments.
Banking Tech Awards USA 2025 now open for entries
The deadline for entries is 7 February 2025.
