Money 20/20 Europe: Digiseq connects the digital and physical world
At Money 20/20 Europe, FinTech Futures sat down with David Birch, chair of wearable payments disruptor Digiseq.
Financial Services/Finserv
Indonesian paytech Flip bags $55m in second Series B round
The new funding brings Flip’s total Series B round to over $100 million.
Nuula launches operations in Canada for small business owners
Nuula provides financial products and services to small business owners.
Airbank raises $20m to build “the most comprehensive global SMB banking solution”
Airbank raises $20m in a Series A funding round led by Molten Ventures.
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.
Skill shortage: Do you have the right technology skills to deliver the services your customers want?
Digital transformation doesn’t mean ripping everything out and starting again.
Money 20/20 Europe: A new era for a digital Sterling
Project New Era, set to launch in September, is a pilot evaluating the future digital currency ecosystem in the UK.
Challenger bank for UK SMEs, Allica, secures additional £55m funding
The total funding raised by Allica Bank now stands at £285 million.
Mortgage tech firm Twenty7Tec takes over Bluecoat Software
The acquisition is “set to revolutionise both the wealth and mortgage technology markets”, the firms say.
Jewel Bank, a new digital asset bank, launches in Bermuda
Bitbull Capital invested in Jewel Bank’s Series A round in 2022.
New financial planning start-up Fruitful raises $33m in funding
The rounds were led by Emigrant Bank and 8VC with participation from other investors.
Virgin Money partners SurePay to implement Confirmation of Payee
Virgin Money says it chose SurePay due to its “extensive experience” in providing Confirmation of Payee solutions.
Layoffs and hires: Curve, Gemini and Citigroup
Curve and Gemini lay off employees, while Citi plans on hiring 4,000 techies.
Digital banking should be the cornerstone of every small business’ tech strategy
Embracing digital banking has aided small businesses through the early stages of economic recovery.
New trade finance bank Neotrade launches in the UK
Neotrade provides financing for SMEs using an AI-based scoring system.
New bank alternative, Fluid Finance, launches “revolutionary global super-app”
Fluid Finance offers “the world’s first bank alternative linked to your Web3 wallet”.
ICICI Bank partners ZestMoney to expand “cardless EMI” facility
The facility is live on select e-commerce websites and the firms say will be made available at retail stores soon.
Razer Fintech acquires Indonesian paytech E2Pay in a bid to expand
With this acquisition, Razer Fintech says it marks its further expansion into Indonesia.
FinTech Futures Jobs: Why you should think about culture for your next fintech job
Find your next fintech career move on the FinTech Futures job board today.
Santander appoints Pierre Habis to lead digital transformation in US
Santander Bank N.A. has appointed Pierre Habis as the new chief consumer and digital transformation officer.
HSBC-backed trade platform Serai shuts down
Serai was on a mission “to simplify global trade” by providing supply chain solutions to brands and manufacturers.
MENA’s BaaS provider NymCard raises $22.5m funding
This venture round takes NymCard’s total funding to over $35 million.
Swedish fintech start-up Juni raises $206m in funding and debt financing
Juni’s Series B funding round comprises $100 million in funding and $106 million in venture debt financing.
Europe fintech funding round-up: Cryptio, Fung, Financielle and more
This weekly fintech round-up brings to you funding news from around Europe.
Motive Partners invests €120m in digital banking tech vendor Backbase
Backbase has raised €120 million in growth equity funding, bringing its valuation to €2.5 billion.
North America fintech funding round-up: Klasha, Proper, Manzil and more
A handy round-up of the recent funding endeavours of fintech companies across North America.
Webinar: Winning with data in the cloud
The benefits of cloud-native solutions for managing core systems, data management and value creation.
Money 20/20 Europe: Mastercard’s open banking guru on payments and data
Jim Wadsworth discusses working with fintechs, open banking, becoming a paytech and safeguarding data.
Building a donation platform in the most carbon-neutral way possible
NatWest, the Scottish Tech Army and GoCodeGreen recently collaborated on a new project.
Mambu supplies core banking tech to Western Union’s new mobile app, WU+
Western Union’s WU+ digital banking app is now live in Germany and Romania.
German wealthtech Trade Republic bags €250m in Series C extension
The extension round is based on a post-money valuation uplift to €5 billion from €4.4 billion.
Open banking fintech Bud closes $80m Series B funding round
The new funding will be used for further international expansion, Bud says.
New European entrant in banking and payments space – Monty Finance
Its two main products are MyMonty, a digital banking service, and MontyPay, a digital payment gateway system.
Societe Generale embarks on derivatives tech transformation with FIS
Societe Generale will transition its existing derivatives IT environment to FIS Cleared Derivatives Suite.
Challenger banks Allica and Plazo turn to Mambu for tech
Allica Bank is live with Mambu’s core, while Plazo will use the vendor’s tech to support its lending business.
LHV Group lands £30m to capitalise new UK bank
Part of the proceeds from the fundraise will be used to capitalise LHV’s new UK bank.
And what is wrong with my mainframe?
Maybe, just maybe, there is a better way of doing what we all agree must be done.
Ximedes acquires fellow Dutch fintech Ginger for European expansion
Ximedes, a Dutch software firm, has acquired Ginger, an Amsterdam-based online payment platform provider.
Money 20/20 Europe: How is the rise of fintech transforming the next generation of banking?
Kahina Van Dyke believes the biggest shift in legacy financial services is learning to unlock human potential.
Credit unions comms platform Eltropy acquires video banking tech firm POPi/o
Together, Eltropy and POPi/o serve more than 400 credit unions in the US.
