Banking app Dave partners FTX US to explore crypto payments
The partnership will see FTX Ventures, the venture fund arm of FTX Trading, invest $100 million in Dave.
Financial Services/Finserv
UK fintech Monese hires Alistair Bennett as chief product officer
Bennett will also join Monese’s leadership team, subject to FCA approval.
What the FinTech? | S.3 Episode 3 | Lending a hand
In this episode, we’re joined by Bill Verhelle, CEO and founder of QuickFi.
Who owns the client?
Change the way you book revenue and you’ve transformed the way clients are treated forever.
Andaria live with digital business current account in UK and EU
The regulated company says its account provides access to 100+ currencies and real-time foreign exchange.
Finovate Europe 2022: how the industry should work together to drive financial inclusion
Panelists from Morgan Stanley, Papara and Monzo discussed the ways to achieve more financial inclusion in fintech.
B2B payment specialist PayTrace acquired by North American Bancard
The US’s sixth largest independent acquirer has snapped up the long-standing merchant gateway specialist.
Fintech start-up Stilt secures $114m in debt and equity funding
The firm raised $14m in a Series A funding round and secured a new $100m debt facility.
It’s time for banks to take responsibility for their ESG data
In the wake of COP26 last year, the ESG regulatory agenda is advancing at pace.
Better Business Faster Virtual Summit – 29 March 2022
FullCircl held its Better Business Faster Virtual Summit on Tuesday, 29 March 2022.
BNPL platform ChargeAfter raises $44m Series B
The Series B brings the company’s total amount raised to date to $60 million.
London Stock Exchange Group sells BETA+ in $1.1bn deal
BETA, Maxit and Digital Investor (collectively known as BETA+) have been sold to Clearlake Capital and Motive Partners.
ClearBank lands £175m investment to fuel global expansion plans
The investment remains subject to Prudential Regulation Authority and Financial Conduct Authority approval.
A history lesson: what’s holding fintech back?
When boardrooms and C-suites represent the rich diversity of the broader population, companies perform better.
African neobank 4G Capital completes Series C round
Global private equity fund Lightrock is investing $18.5 million in the financial inclusion player.
UK-based consumer lending specialist Oakbrook Finance raises £142m in capital
The new capital was provided by JP Morgan and Atalaya Capital Management.
Ireland’s An Post publishes tender for banking platform service provider
The response deadline for An Post’s tender is 22 April 2022.
How embedded finance can help brands cater to the needs of Gen Z
Payments are now just as important to brand identity as top-of-funnel activities like advertising.
FinTech Futures: Top five stories of the week – 18 March 2022
Our pick of the top news stories from the world of finance and tech this week.
FinTech Futures Jobs: Three brilliant jobs you can apply for right now
Exciting open vacancies at Monzo, Klarna and Railsbank. Apply today!
BancoEstado picks Entrust solutions for identity and card issuance
The Chile-based bank has turned to its existing supplier for cloud-based authentication.
Texas National Bank turns to Data Center Inc for new digital bank for bankers
The new bank, branded as Bankers Lender, is due for launch in April.
Three de novo banks in US select Jack Henry’s tech
New-name wins are Bank of Burlington, RockPoint Bank, and Moultrie Bank & Trust.
Planned VPC-led listing of Indonesia-based BNPL specialist Kredivo is scrapped
The companies have announced the mutual termination of a previously announced acquisition agreement.
Citibank’s digital asset group leaders quit to set up new crypto venture
Alex Kriete and Greg Girasole say more details will follow in the coming weeks.
ICYMI fintech funding round-up: Payrails, Nexta, Malaa Technologies, & Playter
Our weekly fintech round-up for you to get the latest funding news from around the world.
Banco de la Nación del Perú live with Temenos core banking system
The cloud-based Temenos Transact platform supports Cuentas DNI, the bank’s new digital account.
Making the world an ‘appier place
The outlook for apps is a happy one, and brands are finally starting to lean into their potential.
Payments for good – promoting financial inclusion
Vijay Oddiraju, CEO of Volante Technologies, looks at ways the payments industry can provide the rails for inclusiveness.
HSBC to shutter 69 UK branches as more customers move online
HSBC says no planned closures are the last bank branch in town.
Nigerian mobility fintech Moove raises $105m to expand to Asia and MENA
Money will be used to expand Moove to seven new markets across Asia and MENA over the next six months.
Unbanked goes crowdfunding to build global bank on blockchain
Unbanked has attracted nearly $1.5 million from 1,500+ investors so far. The round closes on 26 April.
State of play: fintech and telco
How we pay, what we pay, and who we pay is changing, and telco firms are well positioned to take advantage.
Mauritius Commercial Bank in digital modernisation drive with Mobiquity
Mobiquity is helping MCB to create “a banking lifestyle app” for the bank’s one million customers.
Together in core banking tech revamp with Thought Machine
The Vault core banking system will be the “foundation layer” for Together’s new technology stack.
CEO of UK challenger bank Recognise leaves
Bryce Glover has been appointed interim CEO while the search for a new CEO is underway.
Spanish neobank Rebellion Pay taps Sentinels for AML and risk management
Madrid-based Rebellion Pay claims more than 280,000 customers across Spain.
Pakistani B2B e-commerce platform Bazaar lands $70m Series B
The latest investment takes Bazaar’s total capital raised to more than $100 million.
Demystifying the Indian BNPL market
India is primed to be the largest BNPL market in the world with a massive addressable population.
Fintech start-up Chari acquires Axa Credit in Morocco for $22m
The acquisition will enable Chari to launch buy now, pay later (BNPL) services.
