Aussie paytech mx51 raises $22m Series B
The Series B round was led by an undisclosed “global fintech investor”.
Embedded Finance
Funding Circle hires Bruno Tavares as new VP of engineering
Tavares has more than 20 years worth of experience across technology and engineering.
Banking Technology Magazine July / August 2022 issue out now
Cover story: MAKING THE DREAM WORK – Helping Ukraine in a planet-friendly way.
Asia primed for embedded finance boom
E-commerce firms can use the embedded finance technology to modernise their financial processes.
Banking Tech Awards 2022 – call for judges
Join the judging panel for the Banking Tech Awards and be in great company of industry experts!
UK fintech Sonovate secures £165m securitisation deal
Sonovate says the deal will enable it to lend over £1.3 billion in invoices “this year alone”.
Congratulations to the PayTech Awards 2022 winners!
The winners and highly commended were announced in a ceremony at the Merchant Taylors’ Hall in London.
Fintech start-up April secures $30m Series A to grow its embedded tax platform
Since launching in January 2022, the company has now raised $40 million in total capital.
Video: Railsr at Money 20/20 Europe – Old finance vs fintechs
We chat with Nigel Verdon of Railsr to discuss how embedded finance will evolve over the next few years.
India’s Pine Labs acquires API fintech start-up Setu
This is the third acquisition announced by Pine Labs this year.
Virgin Money in three-year deal with Trade Ledger to digitise business lending
“At the heart of the partnership is the delivery of a digital decisioning platform,” Trade Ledger says.
Mambu partners Brim Financial for new digital banking offering
Through the partnership, the firms will deliver a new digital banking platform in North America.
Singapore’s MatchMove acquires Shopmatic for $200m
Post-acquisition, Shopmatic CEO Anurag Avula will continue in his role.
Embedded banking models and the rise of Service-as-a-Bank (SaaB)
It’s high time that banks and credit unions stop seeing competition only as a threat.
Congratulations to the Banking Tech Awards USA 2022 winners!
Take a look at the 2022 Banking Tech Awards winners
Edge: PayTech – all you need to know on the future of payments technology
We’re launching a new virtual event, FinTech Futures Edge: PayTech, taking place on 21 July.
US healthcare fintech Walnut raises $110m in Series A round
The round comprises of $10 million in equity financing and $100 million in debt financing.
FinTech Futures Industry Survey & Report 2022
A deep-dive into the trends defining 2022 and beyond, based on a comprehensive survey of the industry.
SEB lands first BaaS customer with Humla partnership
Fintech start-up Humla will be powered by a BaaS platform developed by SEB’s innovation studio SEBx.
Malcolm Leach joins SME financing marketplace Funding Options as CTO
The appointment comes after the firm experienced its strongest quarter since the start of the Covid-19 pandemic.
US paytech Choice brings on Nexa Equity as majority investor, acquires DPC
Nexa Equity aims to scale Choice through both “organic initiatives” and strategic acquisitions such as DPC.
Singapore’s Nium to acquire alternative payments network Socash
The acquisition is expected to close in Q3 2022, subject to customary regulatory conditions.
US fintech Bond teams up with Evolve Bank & Trust for BaaS offering
The partnership will offer new debit and credit card capabilities for businesses and consumers.
Microsoft teams up with Finastra to offer SME lending through Dynamics 365
Microsoft says the partnership will drive value for SMEs, “the backbone of job creation in the world’s economy”.
Why embedded finance is the next big thing
Embedded finance has already started to streamline financial processes in both consumer and business commerce.
Cross River lands $620m investment to fuel expansion
The round was led by Eldridge and Andreessen Horowitz.
FinTech Futures Jobs: Three great London-based jobs to apply for this week
Exciting open vacancies at Freetrade, Shopify and Railsbank. Apply today!
Finovate Europe 2022: fintech investment trends – where’s the smart money going?
Investment professionals from Citi Ventures, Albion VC and Finch Capital discussed the ‘next big thing’ in fintech.
BNPL platform ChargeAfter raises $44m Series B
The Series B brings the company’s total amount raised to date to $60 million.
ClearBank lands £175m investment to fuel global expansion plans
The investment remains subject to Prudential Regulation Authority and Financial Conduct Authority approval.
How embedded finance can help brands cater to the needs of Gen Z
Payments are now just as important to brand identity as top-of-funnel activities like advertising.
ICYMI fintech funding round-up: Payrails, Nexta, Malaa Technologies, & Playter
Our weekly fintech round-up for you to get the latest funding news from around the world.
FinTech Futures Jobs: Explore three excellent career opportunities in fintech today
Exciting open vacancies at Monzo, Klarna and Railsbank. Apply today!
UK fintech funding round-up: mmob, Satago, SteadyPay, & Thirdfort
A handy round-up of the recent funding endeavours of UK-based fintechs.
Aussie BNPL firm Zip confirms Sezzle acquisition
The deal values Sezzle at approximately $360 million (AUD 491 million).
ICYMI fintech funding round-up: Anfin, Hubuc, Intix, Pluto, Upswing, & WALO
Our weekly fintech round-up for you to get the latest funding news.
UK fintech start-up Weavr secures $40m Series A round; targets US launch
CEO Alex Mifsud says Weavr shortens the time it takes to launch embedded finance solutions.
OpenPayd hires former Worldpay VP Daniel Belda to head up product strategy
Belda spent the best part of five years in senior positions at Worldpay before moving to OpenPayd.
