ICYMI fintech funding round-up: Tako, Zeplyn, Tranched, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Financial Services/Finserv
UK government announces reforms to boost financial sector growth
The Chancellor has revealed plans for a Digital Gilt pilot and “decisive action to advance open banking”.
FinTech Futures: Top five news stories of the week – 15 November 2024
Our pick of the top fintech news stories this week includes Klarna, Ualá, Visa and more.
Research report: Revenue enablement in financial services – 2024 global findings & insights
How financial services are leveraging enablement technology to meet shifting client expectations and drive productivity gains.
Gate City Bank goes live with Alkami’s full suite of digital banking solutions
The selection includes Positive Pay for ACH reporting and new account opening capabilities.
Brian Harkin named new head of tech and innovation at Centrus
Harkin moves from London-based fintech Kynec, where he has been serving as CTO since 2022.
US presidential election: What’s next for US fintech under Trump?
Following the US presidential election, what can the country’s fintech sector expect from Trump’s second term?
Guide: Charting the course – understanding payment trends in the financial sector in 2024
Insights from extensive research on how UK consumers prefer to pay and the payment options currently offered by 200 financial services providers.
FinTech Futures Jobs: 80% of AI-generated applications fail with hiring managers
Explore thousands of open roles on the FinTech Futures Job Board today.
Bank of Valletta taps Profile Software for investment management solution
Malta’s largest and oldest fiancial institution will deploy Profile Software’s Axia Suite.
Video: Experian at Money20/20 USA 2024 – Combining GenAI and rich data to drive innovation
Experian’s Scott Brown discusses how the company is utilising GenAI to deliver innovative new solutions.
Simmons First National Corporation CEO Bob Fehlman to retire this year
George Makris Jr is returning as chairman and CEO of Simmons First National Corporation.
Jeremy Nicholds steps down as CEO of UK paytech Judopay
Judopay was acquired by Italian banking group Banca Sella’s open finance subsidiary, Fabrick, last year.
Visa rolls out flexible payment solution in US and UAE with Affirm and Liv
The offering has been available in Asia for over a year with the launch of Olive Card in Japan.
Vroom vroom
When something unforeseen happens, you need to work through it.
Argentinian fintech Ualá lands $300m Series E funding round at $2.75bn valuation
The company claims that its app now has 8 million users across Argentina, Colombia, and Mexico.
Canadian fintech Neo Financial raises $258m in mix of equity and debt funding
The round comprised $78.9 million in equity and $179.3 million in debt.
Agicap lands €45m Series C led by AXA Venture Partners
The new funding builds upon Agicap’s $100 million Series B, led by GreenOaks Capital in 2021.
Polish fintech Conotoxia eyes EU banking licence, plans to transform into joint-stock company
Conotoxia says it will aim to complete the transformation “as soon as possible”.
Cetera Financial Group use case: ensuring quality amid rapid expansion
Richelle Paulsen discusses the role of QA in supporting Cetera’s organic and M&A growth.
PNC Bank to invest further $500m to expand US branch network
PNC’s total investment in branch expansion is set to be $1.5 billion over the next 5 years.
What the FinTech? | S.5 Episode 20 | The future of fraud prevention – live at Money20/20 USA
In this podcast episode recorded live at Money20/20 USA, we’re joined by Ricardo Amper, founder and CEO of Incode.
Modifi raises $15m, inks MoU with Japan’s SMBC to support SMEs with cross-border financing solutions
Modifi and SMBC will seek to assist Asia’s SME exporters in expanding international trade operations.
Japan’s SmartBank secures $27m in mix of equity funding and debt financing
SmartBank says it is “actively recruiting” for roles in marketing, compliance, data analysis, and engineering.
Embedded investment platform Seccl hires Prerna Goel as new COO
Goel brings over 20 years of experience in fintech and banking to Seccl.
Saudi fintech Lean Technologies secures $67.5m Series B funding
The new round of funding follows Lean’s $33 million Series A in 2022.
Travelex launches “major refresh” of 600 ATMs with NCR Atleos
The Travelex ATM network is to be replaced with NCR SelfServ and NCR Vision.
Ecobank teams up with Nium to enable cross-border payments across 35 African markets
The partnership will embed Nium’s real-time payments infrastructure into Ecobank’s banking operations.
SIX Group agrees £194m deal to acquire UK’s Aquis Exchange
The deal will see each Aquis shareholder receive 727 pence in cash per share.
Video: WorkWave at Money20/20 USA 2024 – Driving growth for field services companies
Jacob Olins, VP of Fintech at WorkWave, discusses how the company is utilising innovations in fintech and payments.
Video: Codat at Money20/20 USA 2024 – Innovation in B2B payments
Codat’s Joey Rault and JP Morgan’s Jesse Schwarz discuss the evolving B2B payments landscape at Money20/20 USA.
Interview: Jason Cao on Huawei’s fintech frontier and digital transformation innovation
Cao details the best strategies for digital amid a “highly challenging time” for the global banking industry.
UK SME lender Iwoca bags £200m debt funding package from Citi and Waterfall Asset Management
Iwoca plans to double its Flexi-Loan limit to £1 million for medium-sized businesses.
Banking Technology Magazine November 2024 issue out now
Cover story: GOING GREEN – Why sustainable finance is vital.
FinTech Futures: Top five news stories of the week – 8 November 2024
Our pick of the top fintech news stories this week includes Bank of New Zealand, Airwallex, Griffin and more.
ICYMI fintech funding round-up: Groov, Fundcraft, VibePay, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
UniCredit completes acquisition of 90.1% stake in Alpha Bank Romania
UniCredit says it will now commence a “gradual integration” of Alpha Bank Romania into UniCredit Group.
Visa backs four new African fintech start-ups as part of $1bn continental commitment
OkHi, Workpay, Oze and Orda.Africa have all received investment from Visa.
Ohio’s Kemba Credit Union taps Alkami for digital banking platform
The credit union has gone live with Alkami’s platform to enhance engagement, personalisation, and fraud prevention.
Marygold & Co UK selects Griffin to embed savings accounts into money management app
The app will launch for individuals and small businesses in the UK “later this year”.
