Nigerian fintech Flutterwave lands unicorn status with $170m Series C
It is one of the few African start-ups to have secured more than $200 million in funding.
Financial Services/Finserv
MoneyGram and Ripple end partnership deal two years early
The two firms wind down their deal amid regulatory issues.
SoFi to acquire Golden Pacific Bancorp in $22m quest for US bank charter
US fintech switches tactics to nab an existing licence.
Suez Canal Bank extends Temenos partnership with Infinity deal
The bank is an existing user of Temenos’ core banking platform.
Chase Pay merchant integration officially winds down this month
The Chase Pay button was used by retailers such as Walmart.
Santander picks Planixs tech to power liquidity management
Spanish multinational to deploy Planixs’ Realti system.
PayPal buys Israeli crypto wallet Curv for its new blockchain unit
PayPal expects the acquisition to close in the first half of 2021.
Aion Bank acquires robo-advisor ETFmatic
London-based robo-advisor ETFmatic has been Aion Bank’s partner for a year.
Payfazz invests $30m in Xfers to form Fazz Financial Group
FFG aims to develop solutions for the underbanked in Southeast Asia.
KYC: a revolution towards positive change
I realise I had to work twice as hard to break through some of the glass barriers, perceptions and biases.
Flagstar Bank suffers data breach as employee data posted online
A zero-day vulnerability left Flagstar’s data exposed to cybercriminals.
UK’s CMA launches consultation into OBIE successor
The CMA asks firms to send in suggestions before 29 March.
Why do women still think they need to be palatable?
Lack of attention to certain stories inflicts grave damage on how marginalised people tell theirs.
Paysafe inks Azure cloud deal with Microsoft
The two firms extend an existing tech partnership.
Dozens hires new CTO from energy firm Kingo
Peter Kasprowicz is a “rare” direct hire from the Guatemalan firm
Minu raises $14m to provide on-demand salary payments in Mexico
Minu has raised $20 million since 2019, and plans an expansion in its home country.
Looking after the health of your ATM fleet in a futuristic way
Setting a new standard for banking self-service solution performance.
Why fintech needs more mentors
Mentorship, in its many forms, is a powerful force.
Fintech funding deals globally 1-7 March 2021
Featuring Klarna, Papaya Global, TaxBit, Beam Technologies, and Xendit.
Starling raises £272m to land unicorn status with £1.1bn valuation
The capital will boost Starling’s lending, launch Starling in Europe, and underpin M&A.
Women in fintech: Skewed numbers, vain assumptions, and investor bias
FinTech Futures has gathered insights from women across the global fintech industry.
EBA shuts down email systems after damaging cyberattack
EBA affected by global infection of Microsoft Exchange servers.
International cash transfer app Rewire lands $20m led by OurCrowd
Jerry Yang, former Yahoo! CEO and director at Alibaba, also invested.
Crealogix boosts executive team with three new hires
Thomas Roth, Michael Radic, and Sebastian Krahe all join.
Xero makes second acquisition in eight months with Planday
Xero plans on closing its latest acquisition in March 2022.
Canadian Western Bank deploys new Temenos SME product
CWB extends a partnership with Temenos that stretched back to 2012.
ATON picks Profile Software’s Axia to digitise its front office
Axia is deploying on top of ATON’s in-house system.
Tackling unconscious gender biases in wealth management
Yaela Shamberg, co-founder and CPO at InvestCloud shares her thoughts on gender equality.
Why factoring industry needs fintechs
Fintechs are to factoring companies what bars are to high jumpers.
Video: Top fintech stories this week – 05 March 2021
FinTech Futures’ weekly news round-up.
Webinar: Balancing app innovation and cybersecurity in financial services
25 March: Practical steps needed to implement an evolved enterprise app methodology.
What the Fintech? | S.2 Episode 6 | Open banking on the loose
Discussing all things open banking with Pablo Reyes, director of technology at Strands.
Budget 2021: The fintech industry reacts
We asked key market participants what they thought of the UK Chancellor’s budget.
Greensill in crisis as regulators step in to freeze payments
BaFin ordered Greensill’s Bremen-based bank subsidiary to freeze all payments.
Square buys majority stake in Tidal for $297m as Jay Z joins board
Tidal is the latest in a few sales Jay Z has made in recent weeks.
Landesbank Saar signs BearingPoint RegTech for SFTR compliance
Franco-German bank to deploy Abacus/Transactions platform.
ING-backed Countingup lands £9.1m Series A with help of new investor Sage
The fintech has acquired 14,000 customers in the last 12 months.
Codat secures investment from Amex and PayPal
Codat gains big backers as it gears up for US launch.
Understanding employee experience will give banks a leg up
It makes intuitive sense that happy employees lead to happy customers.
Banking Tech Awards 2020 Winner: Bank BRI & Infosys Finacle – Best Use of IT for Lending
Revamping customer lending through partnerships and back-office change.
