Money transfer app Pangea looking to offer checking accounts
More firms are looking to jump into the challenger bank world.
Innovation
Swedish fintech Minna Tech receives €5.6m funding
The subscription management tech now aims to make customer experience easier.
BNP Paribas makes a Magic Leap to teleportation meetings
Meetings can be held via hologram in five locations.
OpenFin raises $17m for financial desktop innovation
This brings OpenFin’s total funding to $40m.
The Netherlands – the rise of a new fintech hub
More than 400 companies are operating in the Dutch fintech industry, and the start-up scene is thriving.
Banking on CX leadership?
Practical steps and examples of how to deliver differentiated, superior customer experiences.
Swedbank to acquire Vilnius’ Barclays Operations Centre in Lithuania
Banks are planning to complete this transaction by 1 July 2019.
Singapore-based challenger YouTrip scores $25.5m funding
It will use the funding for international expansion.
ABN AMRO joins investors helping Tealium target global expansion
Tealium’s AudienceStream platform connects customer data in one place.
Rabobank IDB works with Sopra for PSD2
The bank has taken a Sopra solution called the Digital Experience Platform (DxP).
Top fintech stories this week – 17 May 2019
SoftBank’s big investment, as well as BCR’s pool B… and more!
Zenus Bank launches aiming to serve global clients
The US bank holds an international license.
Fintech start-ups invited to join Suncorp’s Digital Incubator Programme
Participants get three months to develop their ideas with Suncorp.
NBB forges ahead with open banking in Bahrain
Tarabut Gateway will provide the infrastructure.
German bank Penta integrates business invoicing with Debitoor
Debitoor automatically compares invoices and money paid.
Banking for humanity: a land of unsung heroes
Find your legacy. Find your own flavour of useful. Dust it off. And make it better.
Canadian CIBC launches platform for SMEs
It allows users to manage accounting and payroll insights.
SoftBank invests $800m into UK fintech Greensill
It puts Greensill’s valuation at $3.5bn.
ClickSwitch simplifies recurring payments with $13m funding
The Series B was led by Commerce Ventures and Point72 Ventures.
Nationwide, Investec and Co-op Bank share £80 million BCR grant pool
All three commit to modernise and improve business banking for SMEs.
Swedish refinancing start-up Anyfin eyes European expansion with €8m investment
The extended Series A round brings total investment to €13.3 million.
Asset management firm AllianceBernstein picks OpenFin for new OS
A new desktop technology infrastructure, allowing integration and interoperability.
Visa signs up to support fintech innovation in Bahrain
Partnership will focus on innovation, education and payments trends.
Two new next-gen banks to open in the US
Piermont Bank and Nexos National Bank.
Hong Kong grants four more virtual bank licences
These banks will be launched by Ant Financial, Xiaomi, AMTD, Ping An, and Tencent.
Why retail banks should not be afraid of collaboration, even with tech giants
Collaboration for incumbents is the only way to catch up with the market and become truly consumer-centric.
Manchester: the “only logical choice” outside London for Europe’s fastest growing fintech
UK’s Northern Powerhouse will be supported by the success of Manchester.
New Medici Bank to harness technology to “reawaken” innovative spirit
A descendant of the Medici family sees future in Puerto Rico.
Fintechs, there’s a tsunami coming; do you hear the sirens?
And I will be able to pay for a surfboard with my new Apple Card.
FinovateSpring 2019: Best of Show winners unveiled
This year’s Best of Show winners are truly in a class of their own.
NatWest becomes first UK partner for open banking platform Tink
Swedish fintech will add personalisation to the bank’s mobile banking.
Five imperatives to help you scale your fintech
Practical advice for any fintech wanting to accelerate growth.
Open Banking: much ado about a brave new world
The intent is revolutionary. The path is non linear.
Financial supermarket GoBear raises $80m
The fintech aims to tackle financial exclusion.
It’s time to disrupt “disrupt”
Fintech as an industry has a problem with language: namely, we don’t have one.
Supplement: FinovateSpring 2019
Read our free FinovateSpring Supplement, packed with fintech goodness!
Banking Technology May 2019 issue out now
Fintech with flourish. It blooms and blossoms.
My top four proactive, disruptive banking process innovations
Four areas where you can make the biggest impact both quickly and in the long run.
Emerging economies payments start-up Thunes closes $10m Series A round
Plans to accelerate growth across Africa, Asia and Latin America.
UK renters’ insurer Urban Jungle raises $2.5m
The seed funding will expand the firm’s product portfolio.
