BigID raises $50m in Series C funding round
BigID has now raised more than $96 million.
Financial Services/Finserv
Malta FSA supports local fintechs
A new general counsel will manage domestic financial legislation.
Apis acquires majority stake in paytech Tutuka
It was attracted to Tutuka’s strong presence across 19 emerging markets.
Happy Money raises $70 Million in Series D round
The fintech evaluates “happy” and “sad” spending patterns.
Stripe announces new lending arm Stripe Capital
Loans will be based on the customer’s transaction activity on Stripe.
AkinovA first insurtech to adopt OpenFin OS
“This is an overhaul in the insurance and risk trading space.”
Nordic API Gateway first Danish fintech to land PISP licence
The fintech will offer A2A payments to its online retailers.
Swift launches new API standard for open banking innovation
Universal API standards will speed up open banking.
A launchpad platform for savings providers
Savings providers can improve productivity, efficiency and accuracy.
The secret behind Northern Ireland’s fintech success
Northern Ireland is carving its own unique niche in the digital world.
Swedish fintech Capcito closes €7m funding round
Capcito saw a 500% increase in active clients since last year.
Yes Bank uses Microsoft’s AI platform for chatbot
The AI chatbot is well-versed in the banking world.
Even Financial raises $25m in investment round
Even has now raised a total of $50 million.
Indonesian FSA launches online register to monitor fintechs
The platform will grow business through OJK’s innovation hub.
Hong Kong authority changes guidelines to boost fintech
Lenders can now use big data analysis to review applications.
BIDV chooses Surecomp for digital trade finance transformation
BIDV praises Surecomp’s “commitment to its clients”.
Accion Venture Lab adds $33m to new fintech fund
The lab’s total capital under management is now $42 million.
Namaste Credit becomes neobank
The new bank will be launching its ‘Namaste Biz’ app soon.
Kredivo closes up to $20m credit line for Indonesian growth
The funding will be used to diversify the Jakarta-based firm’s loan book.
Cyber landscape, threats and trends in financial services
Investment in emerging technologies is likely to be a key theme next year.
Mistakes, and how to avoid avoiding them
I make mistakes, I don’t know better, it’s a thing. It’s a superpower.
Paysend reaches one million customers in two years
Paysend acquired more than 100,000 new users last month.
LOVEFiLM entrepreneur William Reeve invests in neobank Twisto
Reeve will help Twisto with its European expansion plans.
Kabbage acquires Radius Intelligence to expand its data library
Kabbage is backed by SoftBank and lends up to $250,000.
Merck Sharp & Dohme FCU adopts Fiserv’s biometric authentication
The system uses palm readers to verify both members and employees.
Curve smashes crowdfunding record in minutes with £5m overfund
The fintech quadrupled its£1 million target in less than an hour.
Nationwide chooses OutSystems for new digital business
OutSystems will take on the business logic and process for Nationwide.
Seven mobile paytechs form new association
It will “win back lost terrain in the payments space” for Europe.
Eligma gets €4m investment from Bitcoin.com and Pangea Blockchain Fund
Eligma developed Elipay for vendors to receive crypto payments.
Allied Irish Banks chooses nCino for core technology
Accenture will be acting as the systems implementation partner
Standard Chartered chooses Traydstream AI solution
Traydstream begins with the global trade export market in Singapore.
B-North chooses Mambu and nCino for core technology
B-North is still awaiting a licence from the FCA.
Phoebus Software lands five-year deal with Equifinance
The lender wants a best-of-breed to grow.
Tally picks TruNarrative for onboarding and ID verification
The solution will help Tally’s compliance to industry requirements.
TSB and Square partner to boost payments for SMEs
TSB business banking customers will be sent a free Square Reader.
Trustly serves Alibaba’s European customers via Ingenico
Alibaba serves ten million buyers.
Australian share trading start-up to launch in UK
Stake has been granted a licence by the FCA.
Distributed compliance is the key to banks increasing CDD and KYC challenges
We must we re-imagine risk management and compliance.
Neobank Arival surpasses crowdfund target
The three-year-old bank has raised £1,214,136 so far.
Credit Sesame raises $43m ahead of IPO
The firm is on course for a $1 billion valuation.
