Instabase raises $105m sent to unicorn status
The bank app has raised $132 million since it began in 2015.
Financial Services/Finserv
Kaleyra and Epiphany launch first open banking hub in Italy
The hub will give banks a space to launch PSD2-compliant products.
Mastercard and Visa battle over Revolut deals
Revolut says 75% of its non-European cards will eventually be Visa branded.
Contactless charity donations start-up GoodBox raises £1m
The funding is part of a combined Series A £2.3 million.
Santander to launch online deposit platform in US
It is said to be a rival to Goldman Sachs’ Marcus offering.
Ebury completes first acquisition with Frontierpay purchase
Ebury will use deal to expand and boost payments capabilities.
Evolve Bank & Trust taps i2c for cloud-based core banking, card issuance
Payments processor upgrades its tech with i2c.
Making the most of cloud migration – expert advice from Bill Cunningham, Endava (Part 1)
Data security, system consolidation, getting a net positive from the move, and more!
White paper: Digital transformation in credit for commercial and corporate lending
The question by now is no longer whether to transform, but rather how to transform.
Uncovering the hidden costs of liquidity
Liquidity is paramount and real time liquidity is now a must-have.
Investor rights lawyers investigate Wirecard securities fraud
Earlier this year, white-collar crime investigators raided Wirecard’s offices in Singapore.
Dutch challenger bank bunq reveals Brexit delayed its ‘wish list’ UK launch
The UK was the first country on bunq’s launch “wish list”.
PayPal subsidiary Venmo launches first credit card with Synchrony Bank
Venmo will now be able to compete with N26 and Chime in the US market
Nebraska’s Pathway Bank enters world of video banking with POPi/o
POPi/o also has partners in California, Idaho, Nevada and New York.
Making payment easy across Africa and beyond
Thabo Makoko, explores how the continent can improve its payments infrastructure.
Video: Top fintech stories this week – 18 October 2019
FinTech Future’s weekly news round-up.
FinovateAsia Best of Show winners announced
“We are thrilled to be back in the Garden City.”
Help-to-buy fintech Proportunity raises £2m, offers alternative to UK government
The fintech provides first-time buyers with an equity loan of up to 15%.
US challenger Chime goes down for millions of customers
Chime serves more than five million accounts across the US.
Can compliance directors successfully reposition themselves as business leaders?
The role of banking compliance is in mid-evolution.
From stablecoins to central bank digital currencies
In the sCBDC model central banks would focus on their core function: providing trust and efficiency.
Finovate Podcast: Epsiodes 1-10
Catch up on the latest Finovate Podacast espisodes.
Santander leads €35m funding round in digital debt marketplace CrossLend
Lakestar, ABN AMRO Ventures and Earlybird will also be investing.
FCA will ‘take appropriate action’ against product greenwashing which misleads customers
The regulator will work on “common standards and product disclosures”.
ID Finance crowdfunds £1.5m in minutes, eyes up Hispanic and Latino loan market
ID Finance is on track to double revenues to €90m this year.
Calastone takes on ex-BNY Mellon exec Dan Kramer for US expansion
Kramer managed end-to-end customer experience at BNY Mellon.
FinovateFall 2019 in pictures
There was so much to take in over the three days!
What the mouse army taught me: lessons for life and business
Pause and give thanks for the life changing lessons.
Libra publishes signed charter with 21 members, inc. Spotify, Uber and PayU
Libra’s meeting also agreed on board members and staff.
Cashforce solves forecasting challenge for treasuries, raises €5m funding
INKEF Capital and Citi Ventures led the Series A round.
DIS 2019: OBIE trustee says business-consumer adoption figures in ‘hundreds of thousands’
The ‘big nine’ UK banks still represent around 95% of the market, says OBIE.
DIS 2019: Lendtech OpenWrks says it can predict divorce and relationship breakdown
OpenWrks can determine when gambling will become a health issue too.
UK lendtech Zopa brings transparency to credit score calculations
Zopa says it’s the first lender to show how it determines who to lend to.
Nigerian fintech Lidya launches SME lending platforms for Poland and Czech Republic
The company’s USP is to create 100 million jobs worldwide.
Educating the masses
The age for financial literacy is getting younger and younger.
India’s fintech Paytm in talks with T Rowe Price for $1 billion funding round
Existing investors SoftBank and Ant Financial are also expected to participate.
UK cybersecurity firm Sophos bought by America’s Thoma Bravo for $3.8bn
Sophos houses more than 3,400 staff and a turnover of $710.6 million.
Nine UK fintechs land in Australia under the countries’ bridge programme
The companies will be showcased at Melbourne’s Intersekt conference.
OpenPayd appoints two new C-suite execs
They aim to accelerate its growth and the development of its technology.
Libra’s woes continue as Booking Holdings departs
The association has now lost 25% of its membership.
