Payments trends and the “first world unbanked”
Cash is the most inclusive financial instrument, and many firms seem to forget this fact.
Financial Inclusion
Neyber sells up to biggest rival Salary Finance
The sale is “understood to have seen Neyber’s assets sold for a meagre sum”.
Standard Chartered launches Banking as a Service solution in Indonesia
The white-label service was incubated at SC Ventures.
Inclusion, innovation, and mobile money in Sub-Saharan Africa
“If our systems fail, a big part of the economy would fail,” says exec.
Credit Sesame launches new digital bank account Sesame Cash
A banking offering will engage customers beyond just improving credit.
HSBC posts 47.8% overall pay gap, nearly double industry average
HSBC’s female employees are earning nearly half of what their male counterparts are.
Greensill buys Aussie payday advance app Earnd
The acquisition marks Greensill’s move into payday finance.
Family finance app Jassby raises $5m, anticipates $20m round later this year
CEO says rounds will drive fintech closer towards 1 million users within a year.
Challenger bank Copper latest to tap America’s teens
Copper is yet to reveal its launch date but has opened a waiting list to teens.
Aruba’s banks switch to instant payments with equensWorldline
The digitisation of payments has been “a challenging project” for the island.
“If you want it, go get it!”
Nancy Butler at B-North, shares her experience in banking this international women’s day.
Dutch fintech TerraPay gets acquired & raises $9.6m
“Fintechs like TerraPay play a vital role in increasing financial inclusion in emerging markets.”
Exclusive interview: Sarah Porretta, MaPS – UK’s ten-year journey towards financial wellbeing
Fintech will have a significant role to play in the UK government’s plan for the nation to achieve financial wellbeing.
Webinar: Investing in UK’s financial wellbeing strategy – 5 agents for change
Innovative ways to make financial wellness happen.
The global unbanked shoppers
The gap between the population of the banked and unbanked is continuing to broaden.
India’s lending start-up SMEcorner bags $30m Series B
The round was led by a $10.5 million investment from Germany’s Paragon Partners.
BBVA joins $1.3m round for UK gig economy start-up Wollit
It’s one of the first to evolve out of BBVA’s ‘Venture Creation Partnership’ with Anthemis.
“Pale, male and stale” tag still dogs financial services industry
Three steps to break the cycle and achieve genuine diversity and inclusion.
Community spirit: Reminiscing on the halcyon days of the bank branch
“I had to find out how to best serve people and customers at a community level.”
Video: Top fintech stories this week – 14 February 2020
FinTech Future’s weekly news round-up.
Why we need to persuade governments to tokenise the world’s forests
Tokenisation is a new innovative mechanism for sustainable financing.
Varo Money enters final stage of becoming nationwide bank
Mobile banking firm Varo Money has gained approval from the Federal Deposit Insurance Corporation (FDIC).
Nigerian fintech start-up Aella raises $10m
This debt financing round is Aella’s second raise.
Majority launches digital banking products for immigrants
It’s relying on two drivers: physical meetup spaces and brand ambassadors.
Digital bank Stori raises $10m in Series A2 funding
Mexican challenger bank has also launched its credit card.
There is no ‘one-size-fits-all’ approach in the ongoing fight for greater diversity
We should never lose sight of the ‘why’ that lies behind the lack of diversity in British businesses.
Goldman won’t take companies public without at least one “diverse” board member
GS itself has four women on its board of directors, out of 11 total members.
Catalyst Fund raises $15m from JP Morgan and UK Aid for emerging market fintechs
Thirty fintech start-ups from South Africa, Kenya, Nigeria, India and Mexico will get funding.
Video: Top fintech stories this week – 24 January 2020
FinTech Future’s weekly news round-up.
Video: Top fintech stories this week – 17 January 2020
FinTech Future’s weekly news round-up.
When it comes to supporting the underbanked, the best solution might be a little old school
Community banks and the underbanked need one another.
Challenger Longevity Bank positions itself for the silver generation
EXCLUSIVE: Co-founder Sergey Balasanyan tells FinTech Futures of his 2020 plans with the neobank.
Three ways fintech can address the gender pay gap
Define inclusion and diversity as two very different things.
Video: Top fintech stories this week – 11 January 2020
FinTech Future’s weekly news round-up.
Central Bank of the Bahamas pilots digital Sand Dollar
Central bank says digital currency will help solve financial inclusion.
Accenture onboards 50% more female founders in 2020 fintech lab cohort
Accenture wants to narrow the gender gap in fintech.
Financing fintech Sezzle blocked from making loans in California
The Minnesota fintech deemed to be making “unregulated loans”.
Money20/20 USA: Seven key takeaways and how to prepare your business
Informa’s Rutger van Faassen shares his impressions and insights from Money20/20 USA.
LendIt Fintech Europe 2019: towards better financial health
Creating both better outcomes for consumers and sustainable business models.
Challenger banks in India: who’s who and what’s their tech
A comprehensive list of Indian challenger banks and banking services, and the tech they are using.
