November 2024: Top five fintech funding rounds of the month
FinTech Futures takes a look back at five of the top funding rounds to take place over November.
Financial Services/Finserv
French embedded banking fintech Swan names Camille Tyan as new deputy CEO
Tyan has been involved with the firm since 2020 as its supervisory board chairman.
November 2024: Top five movers and shakers stories of the month
FinTech Futures takes a look back at five of the top movers and shakers stories in November.
IFX Payments hires former Barclays VP Adam Dowling as new COO
Dowling joins from Alpha Group, where he most recently served as MD for alternative banking solutions.
Deutsche Bank adds $20m to Partior Series B as new strategic investor
Partior has now secured over $80 million through its Series B round.
Overheard on the tube
What is your organisation doing to make sure that ‘demoralising’ is not what the learning curve feels like?
Cardless secures $30m funding round led by Activant Capital
The fresh capital brings Cardless’ total equity funding to date to over $90 million since its inception in 2019.
November 2024: Top five payments stories of the month
FinTech Futures takes a look back at five of the top payments stories from November.
November 2024: Top five AI stories of the month
FinTech Futures takes a look back at five of the top AI stories from November.
Monzo names former Nubank exec Tom Oldham as new group CFO
Alongside Oldham’s hiring, Monzo has appointed Mark Newbery as its new UK CFO.
Sweden’s TF Bank selects Nice Actimize for AML SaaS solutions
TF Bank has tapped Nice Actimize for its cloud-based SaaS AML Essentials offering.
Video: Socure at Money20/20 USA 2024 – Powering ID verification and risk decisioning in financial services
Socure’s Johnny Ayers discusses the evolution of the digital ID verification landscape at Money20/20 USA 2024.
Manzil Wealth introduces new halal wealth management platform in Canada
Manzil Wealth has acquired Canadian Islamic Wealth to support its new platform’s debut.
Santander taps Japan’s Dentsu to build new SME international trade platform
Set to launch in Q2 2025, the platform will aim to “simplify international trade for the world’s SME community”.
Demystify Podcast: Demystifying agentification and personalisation in banking with Bud CEO Ed Maslaveckas
In this double episode special, Dave and Dharm chat with Ed Maslaveckas, CEO and co-founder of fintech Bud.
HSBC Innovation Banking UK names Emily Turner as new CEO
Turner succeeds Erin Platts, who will step down in December to become CEO of Octopus Ventures.
Ally Financial reportedly considering sale of credit card business
Ally Financial first acquired the business, then known as Fair Square Financial, for $750 million in 2021.
Moody’s expands lending tech suite with acquisition of Numerated Growth Technologies
Moody’s has maintained a partnership with Numerated since January this year.
CellPoint Digital bags $30m to fuel development of new payment orchestration platform
CellPoint Digital says the funding will support the launch of its Offer Order Service Delivery platform.
Revolut unveils 2025 product vision, including mortgages, an AI assistant, and branded ATMs
Revolut Business will also introduce its first business credit product in Europe next year.
Spendesk partners Adyen to enhance spend management workflows for SMBs
The “long-term” partnership will support Spendesk in launching new products next year.
Santander’s Getnet names Juan Franco as new global CEO
Juan Franco takes over from Kush Saxena, who is stepping down for “personal reasons”.
Atome Financial lands $200m credit facility led by HSBC
HSBC led the investment through its ASEAN Growth Fund, supported by DBS Bank, SMBC and Baiduri Bank.
UK fintech Finastra investigating data breach impacting internal SFTP platform
Finastra says the incident was “limited to the one platform and there was no lateral movement beyond it”.
ICYMI fintech funding round-up: Kalder, Pemo, PostSig, StoreCash, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
FinTech Futures: Top five news stories of the week – 22 November 2024
Our pick of the top fintech news stories this week includes Robinhood, CaixaBank, Nationwide and more.
CFPB finalises rule to supervise big tech firms offering digital payment apps
The development cements proposals first put forward by the regulator in November last year.
Finova launches Finova Broker for the UK intermediary sector
Finova Broker builds on the Mortgage Keeper CRM solution, provided by Finova’s business formerly known as eKeeper.
Thunes hires Peter Cohen to lead compliance
Cohen’s resume includes roles at Triodos Bank, European Merchant Services, and Xplor Technologies.
City Bank selects Compass Plus Technologies’ TranzAxis payment gateway for e-commerce acquiring
The Bangladeshi bank has migrated its e-commerce acquiring business to the SOA-based solution.
Demystifying quantum computing
How do quantum computers work? How are they programmed? What do they look like and where can you find them?
CaixaBank plans to invest €5bn in technology over the next three years
As part of its strategy, CaixaBank plans to recruit 3,000 young professionals by 2027.
State of play: payment hubs
Payment hubs are increasingly seen as an attractive solution to manage the new world of payments.
Beacon unveils new digital wallet offering built for immigrants to Canada
Beacon’s new service will support bill payments, salary deposits, Interac e-Transfers, and more.
Mexican fintech Minu bags $30m Series B funding
Minu has now raised $47 million in total funding to date.
Chile’s Tanner Servicios Financieros lands $40m IFC investment
Tanner Servicios Financieros is establishing “a fully licensed and regulated commercial bank subsidiary”.
Which part of the script are you in?
Everyone inside your organisation needs to be actively aware of which part of the script they are in.
What the FinTech? | S.5 Episode 21 | Taking open banking payments mainstream
In this podcast episode, GoCardless’ Paul Foster discusses the growing adoption of open banking payments.
UK paytech Cardstream names Gurinder Sumra as new CFO
Sumra previously spent over six years as CFO of Elavon’s European payment-acquiring division.
Robinhood snaps up custodial and portfolio management platform TradePMR in $300m deal
The purchase, involving a blend of cash and stock, is set to close in H1 2025.
