Shortlist announced for Banking Tech Awards 2021
Congratulations to all of this year’s finalists.
Financial Services/Finserv
Swedish payments platform Billogram lands $45m investment
The recurring billing platform provider will seek to move into six new countries.
Corporate credit card start-up Cape partners with open banking provider Basiq
The tie-up will see Cape’s upcoming cards integrated with Basiq’s open banking technology.
E-commerce fintech SellersFunding secures $166.5m investment
US fintech plans geographical expansion and increased headcount.
SpotOn raises $300m in Series E round to fuel acquisition of Appetize
US payments firm acquires commerce platform as growth continues.
Back to the future for banks
Now is the best time for banks to plan and explore the future before the wave of change hits.
White paper: The eIDAS primer
Exploring electronic IDs and how they help EU citizens conduct business with government agencies.
White paper: Five key qualities of a successful AML compliance programme
An effective AML compliance programme will protect your company from regulatory fines and prosecution.
Exclusive: Inside the merger of DueDil and Artesian Solutions
FinTech Futures sits down with the CEOs of DueDil and Artesian to talk about their merger.
Santander’s PagoNxt acquires majority stake in Mexican technology firm MIT
PagoNxt plans to bolster the development of its payments service Getnet.
TransUnion acquires Neustar for $3.1bn to integrate identity solutions
Credit reporting firm aims to branch into fraud prevention.
B2B payments platform Melio lands $250m investment at $4bn valuation
The firm says the Series D capital will be used to accelerate its expansion through partnerships.
Payments infrastructure firm Xendit secures $150m funding round
Company plans to expand beyond its Indonesian and Philippines strongholds.
CBI turns to Nexi and SIA for Italian payments architecture project
Cloud-based solution to expand digital transaction banking services.
PayTech Awards 2021 Winner: Volante – Best Real-Time Payments Solution
Delivering a clear roadmap to a real-time payments infrastructure.
First Horizon Bank partners Wipro to support VirtualBank cloud migration
Wipro says it worked with six other companies to streamline VirtualBank’s cloud migration.
Dutch digital bank Bunq partners with Paysafe to offer cash deposits
The two companies say the partnership will facilitate “quick and secure cash deposits”.
Morgan Stanley poaches UBS managing director Gerson
Gerson joins after two and a half years at the Swiss investment bank.
Arvest Bank picks Thought Machine’s Vault as new core banking system
Arkansas-based bank selects Vault to revamp digital banking offerings.
Payroll platform Papaya Global hits $3.7bn valuation with $250m Series D round
Papaya has now raised $440 million in total capital since its seed round in 2016.
JP Morgan to acquire majority stake in Volkswagen’s payments business
US banking giant says the deal will expand its digital payment capabilities.
Guide: The X factor – why KYC isn’t enough
Fighting fraud and financial crime doesn’t end at onboarding.
Scalapay raises $155m in Series A round to fund BNPL expansion
European payments firm seeks greater foothold in core markets.
Canadian fintech start-up Nuula secures $120m funding
The firm launched its mobile app in June this year with the aim of helping SMEs to grow.
i-movo teams up with ClearBank and DWP to digitise UK’s benefits payments system
Claimants can now receive their payments in a number of different ways.
Curve CTO to leave the fintech after four years
Matt Collinge is headed to unknown pastures new.
How cryptocurrencies have fuelled the ransomware business
The head-in-the-sand approach of many organisations has created a fertile environment.
Video: fintech news pick of the week – PayPal, Standard Chartered, Mastercard & more
Our top pick of news from the world of finance and tech in bitesize video format, every week.
Fintech funding deals globally 6 September – 12 September 2021
Featuring Varo, Scalapay, Wave, MNT Halan and Marshmallow.
Fintech start-up Koyo raises $50m in Series A round
The lender will use the cash to target the UK’s “near-prime” consumer credit market.
Irwin secures $20m in Series A funding round led by K1
The investment will help further the fintech’s mission to upgrade the capital markets software offering.
Julius Baer to revamp front-end services with Crealogix’s Digital Hub
Crealogix says its solution can help the bank offer “holistic solutions digitally”.
African fintech Wave hits unicorn status with $200m Series A round
The fintech start-up says it wants to “bring digital finance to everyone in Africa”.
PayTech Awards 2021 Winner: Icon Solutions – PayTech For Good
Icon Solutions – charitable giving at the heart of its values.
FinTech Futures Jobs: Three brilliant roles to apply for this week
Exciting vacancies at Broadridge, Checkout.com and Deloitte. Apply today!
Australian challenger Avenue lands restricted banking licence
The digital business bank wants to make it easier for SMEs to grow their businesses.
SEC threatens suit over Coinbase crypto lending product
Coinbase’s CEO and chief legal officer admonish US markets regulator over lack of clarity.
ICYMI funding round-up: TruePay, BankiFi, Aurelia, Jeff & more
Another collection of funding rounds and raises from all over the world you might have missed this week.
PayPal increases transaction fees between UK and Europe
A new 1.29% charge will come into force before the end of the year.
PayPal acquires Japanese BNPL unicorn Paidy in $2.7bn deal
PayPal sees the deal as a way to accelerate business in Japan.
