Judo bank breaks Aussie record with $400m round
90% of previous investors took part in the second funding round.
Innovation
Big banks are driving fintech to the mainstream
And it’s happening faster than you think!
Open banking law to boost fintech competition
It aims to shake up competition for consumers and boost start-ups against the big banks.
Video: fintech news weekly round-up – 29 July 2019
Some of this week’s news, in video format!
Nationwide to open innovation centre in London
The London facility will accommodate around 1,000 workers.
New Zealand regulator suspends AxiCorp’s derivatives licence
The suspension is effective from 29 July 2019.
TSE launches data sandbox for securities tech
Tokyo Stock Exchange calls for data and innovation partners.
Are non-bank payment service providers doing enough to protect customers’ funds?
Some heady advice for non-bank PSPs to avoid regulatory action.
Blockchain-focused challenger Bitwala raises €13m
The Berlin-based bank is now looking into expansion.
Gatsby gets $1.5m funding for social trading
The platform is onboarding users gradually.
Code Investing launches instant decision SME loan portal
The online broker solution is a UK-first for loans up to £5 million.
FNA raises $5.5m for AI-driven regtech
The firm collaborates with regulators manage financial risks.
Middle East’s first licenced crypto exchange Rain is live
It also closed a seed round of $2.5 million.
FCA provides clarity on current crypto-assets regulation
To ensure firms know if they are authorised and compliant.
Aspire scores $32.5 million raise
The company graduated from Y Combinator Winter 2018 batch.
Stackin’ raises $4m for financial advice for millennials
Millennials can now be texted the best way to grow their money.
Legal & General inks its first fintech partnership
It will help diversify its product offering.
DPO Group acquires PayFast
A major deal for the African paytech sector.
Challenger banks in South Africa: who’s who and what’s their tech
A comprehensive list of South African challenger banks and banking services and the tech they are using.
Ask the expert: your questions on growing the business answered
My company is undergoing hypergrowth. How can I create a culture for business success?
PayTech Awards 2019 in pictures
Celebrating excellence and innovation in the payments industry and people who make it happen!
Banks and TPPs agree joint approach to PSD2
A statement outlined their joint efforts to transition to new payment rules.
SME lender B-North welcomes funding
Manchester-based B-North has applied for a banking licence.
StashAway snaps up $12m in Series B funding
Its latest round brings the total funds raised to date to $20.4 million.
Helis Network closes $500k seed funding round
The firm aims to make decentralised finance accessible.
Nubank raises a staggering $400m
As it announces plans to expand to Mexico and Argentina.
Is the next fintech unicorn being built by ex-bankers in Poland?
Three Polish ex-bankers are building their own challenger banks in Poland right now, as you’re reading this.
Case study: why a banking service provider migrated to containers
Banking service provider figo builds a containerised infrastructure to meet goals for speed, scalability and security.
Top fintech stories this week – 26 July 2019
Catch up on FinTech Futures’ top five stories this week!
WhatsApp Pay coming to India later this year
It will need to comply with all of the regulations ahead of its launch.
Digital US equities investment product launches in India
DriveWealth has partnered with Vested Finance.
Wematch unveils Euro IRS platform with 10 banks onboard
JP Morgan, RBC, HSBC and Societe Generale are among the initial banks.
Synechron launches new Libor impact analysis software
Its Accelerator uses data science to address the industry benchmarking challenge.
Thailand grants Huobi digital asset trading licence
The company is the fifth to be granted a licence in the country.
Moody’s acquires fintech RiskFirst
The acquisition will boost Moody’s Analytics’ offering.
Spotlight: the Russian e-commerce cross-border market
Finding a niche for a foreign merchant in Russia.
Mbanq backs Arival Bank by acquiring shares
Arival also has its sights set on a Series A round of $10 million later this year
New Zealand bank TSB goes live with Temenos Infinity Digital Onboarding
Included in the short implementation period was an API-based connectivity
Payconiq raises €20m for mobile payments development
The platform already has over 60,000 merchants in Benelux.
Banking Technology Awards 2019 are open for entries
The Early Bird 10% discount deadline is 31 July 219, the awards close for entries on 31 August 2019
