ICYMI funding round-up: LOQR, MOCA Financial, Bueno Finance, Glint Pay & more
Another batch of funding rounds that could have flown under your radar.
Financial Services/Finserv
Raisin and Deposit Solutions merge to create pan-European fintech giant
The newly formed Raisin DS is already turning its eyes towards the US.
Afterpay hires Mastercard exec Khoja to lead North American expansion
Zahir Khoja joins at a time of “rapid market expansion” for Afterpay.
Atom Finance raises $28m Series B round led by SoftBank
The firm plans to use the funding to fuel global subscriber growth.
BayernLB picks Broadridge to cover regulatory reporting needs
Broadridge to help German bank with SFTR, EMIR, SiFIR, and MMSR reporting.
Millennial home buying platform Lower lands $100m Series A led by Accel
The Ohio-based firm plans to use the funds to expand its product line and accelerate growth.
Oracle wins Flexcube deal with Ethiopia’s first Islamic bank
ZamZam Bank has selected Flexcube to run its core banking ops.
FinTech Futures Jobs: Three fantastic permanent jobs open in London right now
Exciting vacancies at OakNorth, BNY Mellon and Checkout.com. Apply today!
Unicorns, emojis and gamification: how Gen Z is transforming the way we bank
Neobanks have realised it’s less a matter of “kids hate finance”, and more “finance hates kids”.
Visa to acquire open banking platform Tink in €1.8bn deal
Visa hopes to “help accelerate the adoption of open banking in Europe”.
Saudi Arabia grants first digital banking licences
STC Pay and ARTAR given green light by central bank.
Viva Wallet picks Fraudio to support anti-money laundering operations
The Greek fintech is looking to bolster its transaction monitoring.
Tinkoff picks Anodot AI solution to improve customer experience
Russian neobank seeks to monitor high volumes of data.
Don’t diss the bankers
There are three types of bankers, but there is only one type you need.
US investment app Stash acquires financial literacy platform PayGrade
Stash plans to “quickly expand” its new acquisition.
Lloyds announces 44 fresh branch closures, brings total up to 100
UK bank extends closure programme in response to customers moving online.
What the Fintech? | S.2 Episode 14 | The hidden value of remittances
Vroon Modgill, CEO and founder of Sokin, joins us on this latest episode of the What the Fintech? podcast.
Analyst report: Expectation versus reality for payments data monetisation
Identifying the data-led services that corporates want. Download for free!
Annual APIs and Integration Report – 2021
The state of APIs, integration and microservices, according to 950 IT executives.
Dear Luc: Can my start-up succeed while working from home?
This week our writer wonders if they really need a London address, or can working from home be just as good?
Migrant banking start-up Majority raises $19m in seed funding
The firm offers a mobile banking service for migrants across the US.
Isbank deploys H2O AI platform for cash forecasting and default prediction
Turkish bank gives automated system the go-ahead after successful pilot.
Credito Emiliano goes live on Temenos Infinity to launch new mobile app
Italian lender develops new digital channel in nine months with Temenos.
Broadridge appoints Ray Tierney as new president of Itiviti
The firm signed a $2.5 billion deal to acquire Itiviti earlier this year.
Expanding across different time zones, cultures and geographies profitably
Founder shares Important steps worth considering in international expansion, whatever the country.
Video: fintech news pick of the week – Wise, Société Générale & BBVA
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Fintech funding deals globally 14 June – 20 June 2021
Featuring Ebanx, ThinCats, Guideline, Bunq, and 10x.
Raisin lands first US partner bank with Dallas-based MapleMark
German fintech makes headway after 18 months of preparation.
Dutch fintech Mollie raises $800m in Series C round
The investment takes the company’s total valuation to $6.5 billion.
Deutsche Bank signs payments joint venture with Fiserv
The two firms plan to create new acceptance and banking solutions.
Novus partners Visa and Railsbank to launch sustainable banking app
The app will reward “conscious consumers” for sustainable purchasing choices.
Payshop goes live on BHMI’s Concourse for back-office payments
Portuguese payments firm aims for “seamless support”.
BaaS start-up Unit raises $51m in Series B round
The company also announced the launch of its new service Unit Go.
Open banking – supporting businesses during a critical phase
84% of UK SMEs are frustrated with their current banking experience.
Low-code development and BaaS APIs: is this embedded finance’s hockey stick moment?
Low-code development and BaaS could combine to offer all (or parts of) the banking stack as-a-service.
Open Banking Expo Canada meet-ups launch virtually this June
Free and open to banks, credit unions, fintechs, regulators, Big Techs, and other industry players.
PostFinance Switzerland picks FICO’s Falcon for fraud protection
One-third of all Swiss debit card transactions are made using PostFinance cards.
Standard Bank extends Microsoft partnership to boost cloud migration
The South African bank renews a 30-year deal with the US tech giant.
Tennessee Valley Federal Credit Union picks Symitar for cloud-based core
Chattanooga-based credit union seeks expansion with new system.
US banking start-up Novo lands $40m in Series A round
It aims to use the investment to scale its banking platform for small businesses.
