Finja lands Series A investment from Habib Bank in Pakistan
HBL joins other fintech funds invested in Finja including BeeNext, and Vostok Emerging Finance.
Financial Services/Finserv
Stavvy raises $40m in record Series A funding for New England
Stavvy says it designs platforms to manage security risk and eliminate fragmentation.
Acorns heads for public listing with valuation of $2.2 billion
The US consumer finance subscription service is expected to have a valuation of $2.2 billion.
CNB&T signs Digital Onboarding Inc in plan to boost digital account take-up
The Texas-based bank is the latest signing for a platform that is intended to improve digital account opening rates.
Banking Technology June 2021 issue out now
The only one in the room: why diversity among executives is still a problem
Cybersecurity: doing better, together
Together, we can push each other further and improve the whole industry’s resilience and defences.
Put your brand at the heart of Sibos 2021
Discover marketing and editorial opportunities with our new Sibos Content Hub.
ICYMI funding round-up: Accelex, Pento, Fraudio, Curve & more
With the ever fast-paced nature of the fintech world, it’s easy to let announcements slip by from time to time.
BNPL firm Zip extends acquisition spree, buys up Twisto and Spotii
The Australian firm has spent $105 million on its new buyouts.
Forter raises $300m in Series F to invest in fraud prevention tech
New York-based firm has raised $525 million in total since 2013 and is now valued at $3 billion.
HSBC bids goodbye to loss-making US division as profits move to Asia
HSBC has sold its mass-market retail banking ops to Citizens Bank and Cathay Bank.
B2B card specialist Clara gains $30m in Series A funding
The Mexico-based company is planning expansion in Latin America, starting with Brazil.
Porto Seguro strengthens credit risk with AI-based solution from Brighterion
Porto Seguro has become the first taker in Brazil for the Mastercard company’s AI for Credit Risk.
Belfius Bank adopts OpenSpan’s Mobile Security Suite to protect mobile customers from cybercrime
As cybercrime activity increases steeply, the Belgian bank has extended its relationship with the US specialist.
Experience-driven banking: experience enablers
A strategic choice whether you become a platform to enable experiences or you own experiences.
Returning to the office: what fintechs need to know
For those fintechs brave enough to move first, there are great opportunities available.
Webinar: Fintech at SaaS speed – navigating the scale and security challenge
The latest trends and techniques in SaaS security and the importance of a successful app protection strategy.
Klarna shuts app down after users report being logged into random accounts
Klarna CEO Sebastian Siemiatkowski: the glitch is “sad and frustrating”.
FinovateFall Supplement: be part of one of the biggest fintech events of the year
The perfect platform for your organisation to deliver a strong message to engaged fintech professionals.
Innovate Finance hires Adam Jackson as new policy director
Industry body preps to push the sector’s regulatory interests.
AccessFintech hires Thought Machine’s Bujakowski as new CFO
New York fintech says new hire will support growth of its platform.
Tandem switches CEO as Susie Aliker replaces departing Ricky Knox
Against a backdrop of losses and a business u-turn, Tandem switches out its top job.
Monroe Capital selects Allvue Systems’ credit solutions suite
The Chicago-based asset manager is seeking to improve tracking of investment exposures and lines of credit.
NerdWallet signs with Fluent Money for next UK mortgages push
The tie-up follows a competitive tender and builds on an existing relationship between the two companies.
PaySend gains $125m in latest funding round
The latest funding will support PaySend’s international expansion plans.
Exclusive interview: Minna Bank – Japan’s new challenger bank
Its in-house and Accenture built core system will become a commercial offering in its own right.
The fallacy of compromise
In life, love and business: give it your all, fight, compromise but, whatever you do, know what you are getting into.
Video: pick of the week – “smishing” tech scam arrests; Figure Technologies raises $200m
A top pick of stories from the world of finance and tech in bitesize video format, twice a week.
Dear Luc: Does my fintech firm need ex-bankers to succeed?
This week our writer wonders if they should really be hiring ex-bankers for their executive committee.
Mission Lane acquires Honeydue to launch new debit card product
Honeydue has over 500,000 registered users in six countries and in three languages.
SoftBank pours $250 million into banking tech start-up Zeta
This Series C investment values the banking tech vendor Zeta at $1.45 billion.
Barclays hires Standard Chartered’s Demery to support fintech clients
Demery takes over fintech partnerships in Europe, the Middle East and Africa.
Freedom of choice to build your dream bank
Digital core is not just a survival kit, it’s a silver bullet to help banks to compete and win.
Video: Infosys Finacle on adapting to business model innovation
We talk about how traditional banking models have become disrupted, and how consumer demands need new experiences
Resolve lands $60m to grow buy now, pay later B2B offering
Resolve was spun out from buy now, pay later (BNPL) company Affirm in 2019.
ProducePay raises $43million, searches for “rockstar” CTO
The start-up aims to disrupt the “opaque, fragmented, and dominated by manual processes” fresh produce market.
Customers Bank plans blockchain-based payments with Tassat
US-based Customers Bank aims to tokenise USD payments with Tassat’s tech.
DailyPay raises $500 million of capital “to transform the financial system”
$175 million came from its Series D equity round and $325 million was credit capital from various sources.
Investment fintech Pipe rakes in $250m from oversubscribed venture round
Pipe says the round was oversubscribed by $100 million.
Trade Republic plots European expansion with $900m Series C fundraise
German trading app aims for a roll-out across the euro zone.
