ICYMI fintech funding round-up: Backflip, Ansa, Salmon, Firenze and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Financial Services/Finserv
Bank of Ireland invests €34m in customer service enhancements
The funding brings the bank’s total commitment to customer service enhancements to nearly €150 million.
FinTech Futures: Top five news stories of the week – 3 May 2024
Our pick of the top fintech news stories this week includes Goldman Sachs, HSBC, Microsoft and more.
Banking Technology Magazine May 2024 issue out now
Cover story: PLASTIC MEASURES – Banking must follow a more sustainable path.
FinTech Founders Video: how emerging technologies are facilitating deeper collaborations
This latest FinTech Founders episode delves into the impact of emerging technologies on fintech partnerships.
Securitize secures $47m funding round led by BlackRock
The investment adds to the $48 million raised during Securitize’s Series B funding round in 2021.
Former Thomson Reuters exec David Larson named Feedzai’s new CFO
Larson previously spent over eight years at Canadian multinational information corporation Thomson Reuters.
SumUp lands €1.5bn private credit debt deal led by Goldman Sachs
The latest funding brings the total amount raised by SumUp since its inception in 2012 to over €3.2 billion.
Multi-cloud, multi-headaches?
While a multi-cloud strategy offers potential benefits for banks, it also introduces significant challenges.
Nottingham Building Society taps Nova Credit to expand mortgage range
Nova Credit’s tech enables foreign nationals in the UK to utilise their overseas credit history for mortgages.
Danish fintech Pleo bags €40m debt financing from HSBC Innovation Banking
The business spend management firm intends to expand its credit offering further across Europe.
Finastra selects OpenFin to enhance Kondor treasury management solution
OpenFin’s workspace software will “redefine the user experience” of Kondor, Finastra says.
Bank of Spain grants Amadeus’ Outpayce EMI licence
The fintech can now to accept funds, issue pre-paid debit cards and facilitate money transfers in Spain.
FloQast hires nCino exec Josh Glover as president and CRO
Glover has served as CRO of nCino since 2019, and became its president in 2021.
Banking Circle appoints Johan Bergqvist as new group CFO
The appointment marks the third time Bergqvist has performed the duties of group CFO.
Constant change is not normal, but it is necessary
Normal is nothing more than what everyone is doing… until someone stops and change occurs.
What the FinTech? | S.5 Episode 7 | Digital banking trends in the US
In this episode of the podcast, we’re joined by Sonali Divilek, Head of Digital at Chase.
PPRO names Bronwyn Boyle as new chief information security officer
Boyle has previously held leadership roles at Mambu, IBM, Barclays, and Lloyds Banking Group.
Pierre-Yves Guegan named as new COO of CCF Group in France
Guegan’s two decades of industry experience extends to UniCredit, RN Bank and BNP Paribas.
Iowa’s Affinity Credit Union taps Mahalo Banking to enhance digital banking offerings
The credit union is also converting its core system to Corelation Keystone.
Vatic AI hires former Mastercard exec Dilip Krishnan as CEO and president
Krishnan will also serve as a member of Vatic AI’s board of directors and will remain situated in Singapore.
State of play: the future of credit
Alternative data sources will be key to ensuring the future of credit is affordable, inclusive, and accessible.
White paper: Redefining banking for the digital future
Learn how to harness digital-first, on-demand banking to increase bottom lines.
Denmark’s Ageras raises €82m earmarked for new acquisitions
The latest round takes Ageras’ total funding to date to nearly €200 million.
Inclusive instant payment system Higala launches in the Philippines
The new system is powered by the open-source payment platform Mojaloop.
Renasant Corporation promotes president and COO Kevin Chapman to CEO
Kevin Chapman will succeed Renasant’s incumbent CEO Mitchell Waycaster in May 2025.
UK online SME lender Capify bags £100m credit facility
The new facility from Pollen Street Capital will support the lender’s future growth plans.
EPAA forms working group with IBM, HSBC, AP+, and PayPal to explore quantum-safe cryptography
The WG-QSC intends to publish its initial findings ahead of Sibos in October 2024.
British Business Bank names top civil servant Kristen McLeod CBE as new chief strategy officer
McLeod will oversee the bank’s policy, strategy, and economics teams.
Demystify Podcast: The evolution of banking technology with Infinant founder and CEO Riaz Syed
In this podcast episode, Dave and Dharm chat with Riaz Syed, CEO and founder of Infinant.
Paystand buys Teampay to enhance B2B payments platform with corporate spend management
Partially financed by Stifel Venture Banking, the deal marks Paystand’s second acquisition in two years.
Traydstream hires Microsoft’s Stephan Hufnagl as new CTO
Hufnagl boasts over 20 years of cloud architecture, business strategy and engineering experience.
Risk orchestration: addressing the misconceptions – hub platform vs true orchestration performance
There’s a genuine bottom-line benefit to be realised through effective risk orchestration of your compliance processes.
FinTech Founders Video: the importance of goal alignment in fintech partnerships
Continuing our focus on fintech partnerships, this episode looks at goal sharing and alignment.
Newbury Building Society taps Sopra Banking Software to launch new app
The deal marks the first deployment of SBS’s mobile app solution in the UK market.
ICYMI fintech funding round-up: Fintoc, Bokra, RockFi, Bump and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Enigmatic Smile buys Fidel API’s loyalty business
The sale, for an undisclosed sum, includes all assets associated with Fidel’s loyalty business.
Encompass Corporation promotes VP Stuart Barnard to CFO
Barnard is to take “ultimate responsibility” for the UK regtech’s global finance and business operations.
Plastic and dollars: confronting the environmental impact of consumerism and banking technology
We must ensure that banking technology follows a more planet-friendly path than plastic.
Canadian SaaS fintech Zafin announces strategic leadership transition
Zafin CEO Al Karim Somji will hand the reins over to former IBM Canada exec Charbel Safadi.
