Beem Credit Union appoints Sue Britton as chief innovation officer
Beem Credit Union will launch on 1 January in Canada with the merger of Gulf & Fraser and Interior Savings.
Financial Services/Finserv
Hinckley & Rugby Building Society appoints Barry Carter as new CEO
Carter, who has served as COO at the building society since July 2022, will replace outgoing CEO Colin Fyfe.
UK neolender Updraft secures £272m in mix of debt and equity funding
The start-up previously raised £108 million in debt and equity funding last December.
Dutch neobank Bunq launches self-built GenAI platform for customers
Dubbed Finn, the platform allows users to ask advanced questions or seek advice about their finances.
Fast fashion and APIs (or why I don’t enjoy new year predictions)
The predictions we make at year-end are simply acknowledgements of what is top of mind.
BCFC launches lending app in Bahrain powered by Codebase Technologies and Atyaf eSolutions
The companies first announced their partnership in August 2022.
Award wins signal success for Polish newcomer VeloBank
Poland-based challenger VeloBank won both the Team of the Year and Newcomer Banking Brand at Banking Tech Awards 2023.
Paysera launches in Georgia after securing banking licence
Paysera Bank has commenced operations in Georgia, opening its inaugural branch in Tbilisi.
Instant payments, BaaS and GenAI: A fintech industry review of 2023
FinTech Futures takes a look back at the key industry developments and trends to emerge over 2023.
UK fintech Pockit names Garreth Griffith as new COO
With a career spanning more than 25 years, Griffith joins Pockit from Habito, where he also served as COO.
US neobank Chime appoints Shara Chang as chief compliance officer
Chang brings 15 years of financial services, fintech and consumer protection experience to her new role.
CSI snaps up partner Hawthorn River for single-platform loan origination system
CSI initially struck a partnership with Hawthorn River in October to utilise its tech.
US fintech start-up SellersFi secures new credit facility of up to $300m
The credit facility has been provided by Citi and long-time financing partner Fasanara Capital.
Demystify Podcast: Demystifying Saudi fintech with Naif AbuSaida, founder & CEO of Hakbah
Dave and Dharm welcome Naif AbuSaida, CEO and founder of Hakbah, a Saudi Arabian fintech focused on group savings.
Ncontracts snaps up Quantivate for an undisclosed sum
Ncontracts hopes to strengthen its position in the US market and expand its offerings.
Credit Karma co-founder Nichole Mustard reportedly departs firm
Mustard founded the firm in 2007 with Ryan Graciano and Kenneth Lin.
Visa to acquire majority stake in Mexican payment processor Prosa
The deal, for an undisclosed sum, is expected to close in the second half of 2024.
UK’s PSR proposes cross-border interchange fee cap
The PSR is proposing a cap of 0.2% for debit transactions and 0.3% for credit transactions made online.
French fintech Unlimitd boosts financing capacity to €100m as ACP takes majority stake
Founded in July 2021 by Julien Zerbib, Unlimitd provides revenue-based financing to digital companies.
Søren Westh Lonning joins B2B spend management platform Pleo as CFO
Reports suggest the appointment of a CFO may be laying the groundwork for a potential IPO in the near future.
Saudi BNPL fintech Tamara lands $340m Series C funding at $1bn valuation
Tamara says the Series C is “among the largest investments in a fintech company in the region”.
Central Bank of Colombia partners ACI Worldwide for real-time payments system
The central bank will leverage the partnership to launch a real-time payments ecosystem in 2025.
The What the FinTech? podcast | Season four’s jailed buzzwords
We run down all the buzzwords our podcast guests wanted gone from the industry this year.
What the FinTech? | S.4 Episode 23 | 2023 in review
In the final podcast episode of 2023, we’re joined by banking tech veteran Dharmesh Mistry.
First Bank taps Backbase for engagement banking platform
First Bank’s Bala Nibhanupudi says it’s “the final step in our years-long digital transformation journey”.
Mexican SME payments platform Kapital raises $40m Series B
The round was led by Tribe Capital, with participation from Cervin Ventures and Tru Arrow, among others.
InvesTex Credit Union selects Bankjoy for digital banking upgrade
InvesTex Credit Union says all its members will have access to Bankjoy’s digital banking platform.
Credit Union of Texas taps Alkami for business banking platform
Eric Pointer, president and CEO of CUTX, says the partnership will enable it to serve an untapped market.
Flutterwave makes several new exec appointments focusing on risk, compliance and partnerships
The company has appointed Amaresh Mohan, Amanda Ortega and Stephen Cheng to executive roles.
ICYMI fintech funding round-up: Nearpay, Supra, Hyperplane and Pave Bank
Our weekly round-up for you to get the latest fintech funding news from around the world.
Europe fintech funding round-up: Aria, AbbeyCross, Salv and more
A handy round-up of the recent funding endeavours of fintech companies across Europe.
Qatar’s Lesha Bank upgrades to Temenos’ latest core banking platform
Temenos says its Transact R23 platform will enable Lesha Bank to accelerate digital initiatives.
Merry Core-istmas, it’s been a core-azy year
A new phase of core banking has started, and there is more work to be done.
Apex Fintech Solutions files draft statement for IPO with US SEC
Apex says the number of shares to be offered and the price range have not yet been determined.
Video: Highlights from the Banking Tech Awards 2023
Watch the highlights from an incredible evening celebrating the best and brightest in banking technology and fintech.
Guide: Security best practices for PostgreSQL
In the financial industry, customer trust is everything. Don’t let your database be your brand’s weak point!
ABN Amro to acquire Dutch neobroker Bux for undisclosed sum
ABN Amro hopes the deal will help it gain a foothold in the retail investment space.
Guide: Banking and financial services – 7 critical success factors for moving to open source databases
Discover the key factors that can ensure your success as you plan your move to an open source database like Postgres.
The CIO’s guide to operational resiliency in financial services: 3-step approach to strengthen your database
Discover how database stability and resiliency are helping banks and financial institutions lower risk.
ClearBank names former Barclays and Starling exec Megan Cooper as new chief product officer
Cooper joins ClearBank from Barclays UK, where she served as CPO for its consumer banking platform.
