Nala bags $40m Series A to scale remittance services
Part of the funds have been earmarked to build Nala’s B2B payments platform, Rafiki.
Financial Services/Finserv
America First Credit Union taps Loquat for small business onboarding solution
The credit union will apply Loquat for digital account opening, payments, reporting and virtual cards.
Your boss can’t hear you
The reality is your CEO is mostly talking to risk and finance. And arguably, that is as it should be.
Global fintech investment fell by 19% in H1 2024, according to new Innovate Finance report
Total investment in fintechs worldwide amounted to $15.9bn in H1 2024, compared to $19.5bn in H2 2023.
Dosh seeks licence to become a bank in New Zealand
Dosh is aiming to become New Zealand’s “first locally-owned, digital-only bank”.
Canoe Intelligence bags $36m Series C led by Goldman Sachs
The latest funding adds to the firm’s $25 million Series B round in 2023.
Outpayce selects Mambu to power new multi-currency digital wallet service
The Mambu implementation is underway, with plans to go live “in the coming months”.
What the FinTech? | S.5 Episode 11 | Banking Tech Awards 25th anniversary special with Monument
In this podcast episode, we chat with Sudip Dasgupta, CTO at Monument Bank and Banking Tech Awards judge.
UAE’s Mashreq Bank appoints Tushar Vikram as new India head
Vikram previously served as Citibank India’s head of commercial banking for over nine years.
Bain Capital reportedly closing in on deal to acquire Envestnet
The potential deal could be announced as early as this week, according to a report by Reuters.
First Federal Bank of Kansas selects Jack Henry for core processing solution
FFBKC aims to leverage Jack Henry’s tech to extend its services to SMBs.
Spanish wealthtech Allfunds names two new senior executives
Paola Rengifo and Miguel Ángel Treceño are the latest additions to Allfunds’ leadership team.
Thailand’s SCB taps Sunline for core banking upgrade
SCB says the partnership will enhance its financial transaction processing performance for deposits and loans.
Netevia secures up to $120m in debt financing from WhiteHorse Capital
The fintech plans to use the funds to “complete key acquisitions” and “rollout new products”.
Stephen Bowe named Paymentology’s new chief product officer
Rowe brings more than 15 years of experience in the banking and payments sector to the role.
Shock absorbers: how to prepare effectively for external volatility
How can organisations protect themselves from external shocks that nobody can predict?
ICYMI fintech funding round-up: Bling, CreditLogic, FreeBnk and Currensea
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Germany’s Mitgo Group to inject $20m into its new fintech division Capy
The $20 million “investment package” is to be spread over the “coming 3 years”.
Fintel snaps up Threesixty from Abrdn in £14.6m deal
Threesixty will remain an independent business, maintaining its own offerings and pricing in the market.
Join us as a judge for PayTech Awards USA 2024!
The prestigious PayTech Awards USA 2024 has a limited number of seats on the judging panel available.
FinTech Founders Video: Lessons from Finovate – shaping your fintech showcase approach
Four fintech founders share their key advice for companies looking to showcase their products at conferences.
Real time changes everything
The banking world will soon become real time, and both banks and regulators will have to keep up.
Thailand’s Ascend Money lands $195m investment led by MUFG
Ascend Money became Thailand’s first fintech unicorn back in 2021.
Dutch payments firm MultiSafepay acquired by Ant International
Ant International will integrate the company with its payments and digitisation solutions unit Antom.
State of play: cloud in financial services
It’s easy to forget that until recently, cloud was seen as the most transformational technology in FS.
Leadership change at Phoebus Software as long-standing exec Paul Hunt steps down
Chief revenue officer Adam Oldfield has been promoted to the managing director role.
Erin Platts named new Octopus Ventures CEO, steps down from HSBC Innovation Banking UK
Platts most recently acted as CEO at HSBC Innovation Banking UK.
DASH Technology Group bags $20m investment from Bailador Technology Investments
DASH is looking to use some of the funds to increase its headcount by 20.
Cake and risk management
With digital transformation, leaders often take on too much individual risk for ambivalent collective returns.
EPI launches digital wallet solution Wero in Germany
Customers of DSVG and DZ Bank in Germany will be among the first Wero users.
Last chance to register for Banking Tech Insights on 11 July in London
Join us on 11 July for an exclusive half-day event around building a modern tech stack at financial institutions.
Germany’s Taxfix Group secures UK market entry with TaxScouts acquisition
Launched in 2018, the TaxScouts platform connects self assessment tax filers with a network of accredited accountants.
Greek neobank Snappi lands banking licence from the ECB
Snappi is a joint venture between Piraeus Bank and core banking software vendor Natech.
UK challenger Oxbury Bank announces first full year of profitability
Oxbury Bank claims to be one of the fastest UK fintechs to reach full annual profitability.
FinTech Founders Video: Evolution through feedback – refining product presentations for future success
Four fintech founders share how to utilise audience feedback to perfect product presentations.
BIS readies for live implementation of Project Nexus in Asia
Institutions from India, Malaysia, the Philippines, Singapore, and Thailand will implement the project.
Payments Canada concludes search for new CEO with Susan Hawkins appointment
Hawkins has served as a member of Payments Canada’s board since 2020.
Revolut announces record $545m profit for 2023
Revolut’s revenue surged by 95% over the year, from $1.1 billion in 2022 to $2.2 billion in 2023.
Demystify Podcast: Demystifying international payments with Eddie Harrison of Navro
In this podcast episode, Dave and Dharm chat with Eddie Harrison, co-founder and CPO of Navro.
Is your bank’s architecture trapped in the past? It’s time to recompose it
European banks must accelerate their journey to recompose architecture, with AI and GenAI as differentiators.
