PRA grants Allica its banking licence
It’s now planning for a full launch and will ultimately offer working capital solutions and cash management.
E-commerce
E-commerce group eShopWorld on the hunt for fintechs
The business aims to make cross-border online shopping seamless for consumers.
Revolut withdraws banking licence application in Luxembourg
It needs regulatory approval from an EU27 state to maintain EU single market access post-Brexit.
Banking Technology September 2019 issue out now
Thriving in a hyper-connected world.
Apis acquires majority stake in paytech Tutuka
It was attracted to Tutuka’s strong presence across 19 emerging markets.
Stripe announces new lending arm Stripe Capital
Loans will be based on the customer’s transaction activity on Stripe.
Nordic API Gateway first Danish fintech to land PISP licence
The fintech will offer A2A payments to its online retailers.
Eligma gets €4m investment from Bitcoin.com and Pangea Blockchain Fund
Eligma developed Elipay for vendors to receive crypto payments.
The key segment to nurture in 2020 and beyond
The biggest challenge may be the paradoxical ways SMBs view their relationship with their bank.
Telia and OP Financial test facial recognition payment
The pair installed Finnish firm Pivo’s technology in an ice cream truck.
How Laybuy seeks to attract global Gen Z market
Laybuy asks for no interest and brands itself as “ethical”.
Selangor government unveils one-stop digital payments platform
Citizens will be able to make payments to agencies at all levels.
Paysafecard and G2 Esports extend collaboration
More than 400 million people worldwide had watched an e-sports event by 2018.
WhatsApp talks to Indonesian fintechs for mobile payments launch
WhatsApp is waiting for regulatory approval in India for a similar service.
Barclays launches accessory shop for Pingit customers
Wearable payments devices include watches, jewellery, wristbands and key fobs.
Lending platform SellersFunding expands to UK and Canada
The platform offers pre-approved funding for online sellers.
Market welcomes FCA’s plan to phase-in SCA
Industry officials see this as the regulator’s last warning.
WeChat Pay and Alipay partner QFPay raises $20m
The latest funding round brings QFPay’s total to $36.5 million.
ASB invests in NZ blockchain start-up TradeWindow
It’s one of the first technology companies to receive direct funding from a NZ Bank.
Walmart announce application for cryptocurrency
Shoppers’ money would gain interest in a makeshift bank account.
Monarch creates first recurring crypto payments system
The solution will enable the likes of Netflix and Hulu to accept crypto.
UK regulations push SVB further towards automation
SVB exec comments on Brexit and the UK’s supportive fintech environment.
Verrency and Coinify announces new virtual currency partnership
Libra brought virtual currencies into mainstream.
JP Morgan Chase invests in accounting software platform FreshBooks
A JPMC representative will be joining FreshBooks’ board.
Beynd scores $2m seed round
The company uses its own software to onboard its customers.
Mastercard acquires Nets’ real-time payment business
Nets’ Corporate Services business offers a gateway into several European markets
Piggy bank start-up ERNIT sells up
One source says the company is trying to see what the market appetite is for a solution like theirs.
ASOS and Klarna bring flexible payments to the US
The US will pay in four scheduled bi-weekly instalments to reflect the US salary schedule.
Ipagoo enters administration
This was to protect the interests of Ipagoo’s customers.
Rakuten applies for US banking charter
The ABA expressed serious concerns Rakuten gaining a banking charter.
PayTech Awards 2019 in pictures
Celebrating excellence and innovation in the payments industry and people who make it happen!
Is the next fintech unicorn being built by ex-bankers in Poland?
Three Polish ex-bankers are building their own challenger banks in Poland right now, as you’re reading this.
Spotlight: the Russian e-commerce cross-border market
Finding a niche for a foreign merchant in Russia.
Worldpay teams with ACI to power APM acceptance
Offering Alternative Payment Methods can increase merchants’ conversion rates.
PayTech Awards 2019 winners announced!
Celebrating excellence and innovation in the payments industry and people who make it happen.
Challenger banks in France
Exploring the challenger bank landscape in France considering their offerings and their technology.
Banking Technology July/August 2019 issue out now
Drawing the curtains on a bright tomorrow.
White paper: How to scale a fintech
Download the GoCardless white paper now
Top fintech stories this week – 05 July 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
An after after-dark round-up
FinTech Futures unravels the hot topics covered at 11:FS’ live podcast.
