Sustainability paytech Helpful’s digital wallet cuts transaction CO2 by 80%
Helpful says the average amount of CO2 every checkout payment produces is 3.78g.
Innovation
Mastercard, Pine Labs and DBS Bank to roll out BNPL credit card offering
The solution will be available on all DBS Mastercard, Visa and American Express credit cards.
Westpac appoints Damien MacRae to lead new BaaS business
Westpac’s BaaS offering was built in partnership with 10X and integrates 30+ various tech services.
CommerzVentures closes €300m fund to invest in fintech, insurtech & climate fintech
This brings total funds managed by CommerzVentures to €550 million.
Volopay raises $29m in equity and debt for international expansion
Volopay is “building the control centre for modern companies for all their financial management needs”.
Broaden your horizons – cryptocurrency payments will be in high demand
Online merchants will soon need to offer crypto as a standard – how to choose the right platform for this?
Banking challenger and investing platform Finch set to launch in US
Finch boosts users’ credit score by reporting spending to US credit bureaus Equifax, Experian and TransUnion.
Swedish challenger Rocker introduces fingerprint sensor biometric payment card
Rocker’s biometric payment card is the first of its kind in Sweden.
Aussie banking app Douugh taps TrueLayer for open banking data access
Australia’s Consumer Data Right framework enables the sharing of customer data between banks and fintechs.
Driving innovation in finance through trustworthy AI
Artificial intelligence (AI) is fast becoming an essential tool for the financial services industry.
Aussie SME financial management platform Thriday set to launch in beta
Thriday was set up to tackle “the poor quality of financial management solutions offered to small businesses”.
BNY Mellon first GSIB to integrate Chainalysis crypto compliance software
BNY Mellon is building a multi-asset digital custody and admin platform for traditional and digital assets.
TSB partners ID verification firm Onfido to streamline onboarding process
TSB says customers can now open accounts and access mobile banking in 10 minutes.
AI-first infrastructure provider SeMI Technologies closes $16m Series A
“We represent a third wave in database technology,” says CEO Bob Van Luijt.
U.S. Bank partners Microsoft for cloud banking tech upgrade
Microsoft says financial services organisations need to become more digital to meet customer demands.
ICYMI fintech funding round-up: Blend, Canza, IMAN, NayaPay, NymCard, Plinqit, & Tiiik
Our weekly fintech round-up for you to get the latest funding news.
Squirro signs European Central Bank, buys open.exchange, raises $4m
Zurich-based Squirro has raised $4m in equity funding from capital investment firm BuildGroup.
A new way to give? – how fintech start-up DonateStock aims to simplify charitable giving
FinTech Futures speaks to DonateStock co-founder and chairman Steve Latham.
Fronted appoints new CTO as co-founder Simon Vans-Colina joins Singapore’s BigPay
Fronted’s lead software engineer Jonathan Kim has been promoted to the role of CTO.
‘Earnings on demand’ fintech PayUp set to launch in UK
The app allows users to access their salary as they earn.
What the FinTech? | S.3 Episode 1 | Talking open banking
To kick off season three, we’re joined by John Natalizia, co-founder and CEO of Snoop.
Chat commerce platform Clickatell raises $91m Series C to boost expansion plans
Clickatell says chat is the largest digital platform in the world, with 7.7 billion users.
A banker goes a-banking, volume 8: the grateful dead
I’ve recently had some trouble proving to my bank that I am, in fact, alive.
Beyond Identity raises $100m to replace passwords with invisible, un-phishable MFA
Beyond Identity’s total funding to date reaches $205m and propels its valuation to $1.1bn.
Alabama’s Community Spirit Bank selects CSI’s NuPoint core banking system
Community Spirit Bank has five branches throughout northwest Alabama and northeast Mississippi.
SME banking provider Tide loses UK CEO
Laurence Krieger has stepped down after five years with the UK-based fintech.
Digital asset platform Amber Group valued at $3bn following $200m Series B+ round
The total investment to date in the company now stands at $328 million.
Fintech momentum is growing in Cyprus, but challenges must be resolved
The fintech scene in Cyprus is growing rapidly, but there are still some hurdles to overcome.
Seven ways “saving” has changed during the pandemic
Seven changes we’ve seen during the pandemic that will drive long-term changes for savings providers.
Core banking tech vendor Technisys acquired by SoFi Technologies
Technisys’ shareholders will receive 84 million shares of SoFi common stock worth $1.1 billion.
Extended deadline announced for Banking Tech Awards USA 2022
The new deadline for nominations is now Friday, 4 March 2022. Apply today!
PrimaryBid lands $190m in SoftBank-led Series C investment round
The money will be used to expand across continental Europe and the US.
Amazon and Visa bury the hatchet over UK credit card fees
Visa says the agreement includes “a joint commitment to collaboration on new product and technology initiatives”.
Communicating climate change: a laughing matter for fintechs?
Like the court jesters of previous ages, being funny and communicating effectively can be compatible.
Education financing platform Propelld raises $35m Series B
The start-up intends to add another 100 to 150 employees to its already 150-strong workforce.
Financial “cockpit” for SMEs Ageras raises €30m
Denmark-based Ageras is “poised to become one of Europe’s next unicorns”, investors say.
Five open banking trends that are paving the way for a new financial experience
Let’s take a look at how the landscape for open banking and fintech is evolving.
Digital bank Wio set to launch in UAE following central bank approval
The digital bank will initially cater to the country’s SMEs, with a beta launch expected in Q1 2022.
ICYMI fintech funding round-up: Actyv.ai, MoneyHash, Novus, SJ Mobile Labs, Trace Finance, & Zand
Our weekly fintech round-up for you to get the latest funding news.
US fintech start-ups Airbase, Genesis Volatility, and Tilled raise funds
A handy round-up of the recent funding endeavours of three US start-ups in the fintech space.
