Prodigy Finance lands $750m funding to expand into new markets
New funds will allow Prodigy to assist students from previously excluded countries.
Innovation
Bhutan central bank partners with Ripple to pilot CBDC
The CBDC pilot with the South Asian country is designed to boost financial inclusion.
Western Union taps Salt Edge for European digital bank pilot
Salt Edge’s software will ensure the firm’s upcoming digital banking pilot is PSD2 compliant.
Cobo raises $40m Series B funding for DeFi-as-a-Service platform
The Singaporean crypto platform will also use the $40m raised to secure regulatory licences.
Barclays hires payments veteran Antony Stephen to boost BNPL solution
Stephen joins from Amazon and will work on scaling Barclays’ BNPL platform.
JP Morgan Chase acquires Frank to firm up student offering
US firm hopes the deal for the college-focused financial wellness platform will boost student engagement.
The path to personalisation
The path to personalisation in banking is apparent. But like every journey, it needs those first steps to be taken.
Zolve launches immigrant-focused banking products
The neobank’s new suite of products will help new arrivals to the US build credit.
Paytech Recharge eyes global expansion after $35m investment
The Series B round culminated in one of the largest investments into a Dutch startup in 2021.
How Northern Ireland is helping to build a cyber-secure future
Northern Ireland has nurtured a small cluster of native businesses into a global centre of cybersecurity excellence.
Fintech Spenmo raises $34m in Series A round
The round was oversubscribed by a multiple of five, making it Singapore’s largest Series A round to date.
MarketFinance lands £280m and COVID recovery approval
Business fintech MarketFinance says it is ready to support UK pandemic recovery efforts.
Deutsche Bank boosts online payments with Better Payment acquisition
Deutsche Bank’s acquisition will expand its product range and market share in online payments in Germany.
What you sell when you’re not selling
It’s when you’re not selling that your true colours as an organisation shine through.
Monese moves into digital banking with Investec
The new partnership will see the international bank begin to offer digital banking services to UK customers.
London gains new unicorn as TrueLayer raises $130m in Series E round
Open banking payments firm raises largest round yet from Tiger Global Management and Stripe.
CaixaBank extends IBM partnership to underpin new CloudNow service
Spanish banking giant ready to deploy new hybrid cloud platform.
Aussie fintech Airwallex secures $200m Series E funding at $4bn valuation
The company has now raised more than $700m in total capital.
MODIFI tops €100m valuation with €20m Series B funding
Start-up plans to grow its trade finance platform into a global trade management hub.
What the Fintech? | S.2 Episode 18 | Are you being self served?
Diebold Nixdorf’s Matt Phillips joins us for this latest episode of our What the Fintech? podcast.
PayTech Awards 2021 Winner: Surepay – Editor’s Choice
Evolution of confirmation of payee (CoP).
Finnovex Middle East Summit: Digging deeper into resilient and agile transformation strategies
The event highlighted the imperative to endow the digital future of the region.
Shortlist announced for Banking Tech Awards 2021
Congratulations to all of this year’s finalists.
Back to the future for banks
Now is the best time for banks to plan and explore the future before the wave of change hits.
White paper: The eIDAS primer
Exploring electronic IDs and how they help EU citizens conduct business with government agencies.
Of the things we cannot see
As the debate around working from home unfolds, I will confess there are things that worry me.
PayTech Awards 2021 Winner: Volante – Best Real-Time Payments Solution
Delivering a clear roadmap to a real-time payments infrastructure.
Guide: The X factor – why KYC isn’t enough
Fighting fraud and financial crime doesn’t end at onboarding.
FortisPay boosts commerce offering with OmniFund acquisition
The acquisition follows deals for EpicPay and Change Merchant Systems in June.
i-movo teams up with ClearBank and DWP to digitise UK’s benefits payments system
Claimants can now receive their payments in a number of different ways.
DevOps platform Copado lands $140m funding
The firm plans to use the cash raised to expand its testing software.
Fintech start-up Koyo raises $50m in Series A round
The lender will use the cash to target the UK’s “near-prime” consumer credit market.
Irwin secures $20m in Series A funding round led by K1
The investment will help further the fintech’s mission to upgrade the capital markets software offering.
Global Payments to acquire MineralTree in $500m deal
The acquisition will expand Global Payments’ B2B offering.
Australian challenger Avenue lands restricted banking licence
The digital business bank wants to make it easier for SMEs to grow their businesses.
SEC threatens suit over Coinbase crypto lending product
Coinbase’s CEO and chief legal officer admonish US markets regulator over lack of clarity.
ICYMI funding round-up: TruePay, BankiFi, Aurelia, Jeff & more
Another collection of funding rounds and raises from all over the world you might have missed this week.
Trade surveillance fintech Eventus secures $30m Series B funding
Eventus will use the Series B cash to continue its growth.
Globalisation, crypto and the new cold war
The emergence of blockchain and digital currencies is sparking a new tech battle across the world.
Fintech ecosystem MNT-Halan lands $120m funding
The Egyptian digital platform connects merchants and users who are typically excluded from financial institutions.
