UK challenger Bank North goes crowdfunding
The SME focused start-up aims to raise £1 million ahead of its Series B funding round.
Financial Services/Finserv
MoonPay rides the crypto wave with $555m all-equity Series A round
MoonPay is on a mission to give the next billion people access to the crypto economy by 2030.
Revolut monitors regulatory landscape with CUBE platform
The platform uses AI for identifying regulatory announcements and events across the globe.
The right way to build a fintech
Fintech entrepreneurs need to ensure they get back-end processes right when launching their business.
Mexican BNPL platform Aplazo completes $27m Series A round
Increase in headcount and Latin American expansion planned.
New fintech start-up Arbo Works gains seed funding ahead of launch
Set up by ex-Google execs earlier this year, the firm is embarking on a major recruitment drive.
Crypto platform Gemini secures $400m in first outside funding round
The new capital injection values the company at $7.1 billion.
Black-owned Adelphi Bank files for licence in the US
The new bank is intended to provide African Americans with better access to financial services.
Global digital payments growth in the pandemic and beyond
The pandemic compressed decades’ worth of transformation and digitisation into the space of several months.
Three roads to banking platforms
Banks must move quickly – the first mover is best positioned to win in a business where the winner takes all.
Video: fintech news pick of the week – N26, CaixaBank, Oportun & more
Our top pick of news from the world of finance and tech in bitesize video format, every week.
Fintech funding deals globally 15 November – 21 November 2021
Featuring Gemini, Upgrade, CloudWalk, EasyHealth and Airwallex.
US credit card fintech Black Opal prepares for full launch
The firm intends to issue credit cards for expats and is seeking funding of $100m.
Talenthouse chooses Vodeno and Aion Bank for financial services launch
The global platform for creatives plans a phased roll-out of financial services from this month.
ID platform Alloy selected by LGBTQ+ digital bank Daylight for customer verification
Alloy’s API-based platform will be used to automate the bank’s identity verification process.
Legacy systems in banking: the major barrier for digital transformation
Modernisation of the core banking system is exactly where the transformation journey begins.
New FinTech Futures Report: The Changing Face of Cybersecurity
The latest deep-dive report and survey in the industry, focusing on the changing nature of cybersecurity in a new age.
FinTech Futures Jobs: Three exciting open roles at OakNorth to apply for
Exciting open vacancies at OakNorth. Apply today!
Fusion Credit Union selects BankBI for financial performance management
Deal stems from partnership between BankBI and Canadian credit union solutions firm Celero.
Cloud banking provider nCino to acquire mortgage neolender SimpleNexus
Finserv provider says acquisition is a “natural expansion” of its digital banking platform.
Singapore fintech Sleek raises $14m to fund global expansion
The company’s platform acts an ‘operating system’ for entrepreneurs and small businesses.
Thinking net-zero
Every bank, fintech, and financial institution should now be looking to prioritise ESG and net-zero initiatives.
Digital bank N26 to withdraw from US in January to focus on Europe
N26 will no longer serve US customers after 11 January 2022.
Wyoming Bank and Trust selects Computer Services for core banking upgrade
The locally-owned bank has selected CSI’s NuPoint core platform.
US Bancorp to buy expense and travel management partner TravelBank
The deal is expected to close before the end of the year.
FinTech Futures industry survey 2022
Share your views on the state of play in financial services, banking and payments technology sectors.
UK banks hit by mobile and online banking disruption this morning
Lloyds Bank, Halifax and Bank of Scotland have seemingly experienced service disruption.
Oportun to buy neobank Digit in $213m deal
Acquisition intended to accelerate Oportun’s expansion plans by three to five years.
Bank North taps Vermeg to support regulatory reporting ahead of launch
The supplier’s AgileReporter platform forms part of the UK regional bank’s tech stack.
Zip completes acquisition of Czech BNPL firm Twisto
The move will grant Zip access to the EU market from its UK springboard.
Patriot Bank to acquire American Challenger and adopt its tech stack
Patriot will migrate to American Challenger’s technology platform.
New UAE-based fintech Verity secures pre-seed funding ahead of app launch
The $800,000 round comes ahead of a planned launch in UAE later this year.
BM Technologies to acquire First Sound Bank
The deal is expected to close in the second half of 2022.
Suits Me moves from Contis to PPS for BaaS
The UK alternative lender is expanding its services using the new platform.
Aussie digital bank Volt partners Frollo to launch BaaS app
The app will be fully integrated with Volt’s core banking system.
Financial advice and social media: what does it mean for the future of fintech?
It is up to financial services companies to help identify trusted resources for financial advice.
ING’s Evelien Witlox recruited to head ECB’s digital euro project
Witlox will analyse pros and cons of a digital euro to reside with cash.
Stori brings in $200m in Series C funding and debt financing
The fintech has achieved one of the largest funding rounds to date in Latin America.
MasLife embarks on crowdfunding ahead of full launch of app
Combining financial and health wellbeing, the firm has a market valuation of £21.8m.
Is customer experience at the centre of your digital transformation strategy?
To compete with fintechs, it’s best for banks to start with the customer experience and work backward.
