Alternative business lender ThinCats appoints tech leadership, plans growth
Ex-Aldermore Bank Billy Ferguson joins ThinCats as chief technical officer.
Lending
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.
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.
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.
Marlette secures $225m Series E to grow Best Egg financial platform
The round was led by the Healthcare of Ontario Pension Plan (HOOPP).
UK consumer finance platform Lendable receives £210m funding to reach £3.5bn valuation
The new cash injection takes the company’s valuation up to around £3.5 billion.
Growth financing platform Capchase raises $80m Series B funding
Capchase CEO says funding businesses “is not a one-size-fits-all approach anymore”.
FinTech Futures Jobs: Explore three excellent career opportunities in fintech today
Exciting open vacancies at Monzo, Klarna and Railsbank. Apply today!
Zeta partners Mastercard to shake up credit card issuance
The payments giant has also invested $30 million, alongside other investors, into Zeta.
ICYMI fintech funding round-up: in3, Noh, PictureWealth, Touché, and Yep!
Our weekly fintech round-up for you to get the latest funding news from around the world.
Wolters Kluwer acquires International Document Services in $70m deal
IDS is expected to generate revenues worth approximately $15 million in 2022.
Indian fintech Money View lands $75m Series D funding
Money View is now valued at $625 million.
Property lender Better.com lays off more than 3,000 staff in fresh cuts
The announcement was made by the company’s interim president Kevin Ryan via an e-mail to affected staff.
India’s CredAvenue hits unicorn status with $137m Series B round
CredAvenue will use the cash to invest in artificial intelligence, machine learning and data analytics.
BNPL platform tabby raises $54m in Series B extension round
The cash will go towards expanding its product offering and supporting its international expansion.
A new world: Mission Lane on helping the underbanked build credit
FinTech Futures discusses financial inclusion in the US with Mission Lane CEO Shane Holdaway.
Aussie BNPL firm Zip confirms Sezzle acquisition
The deal values Sezzle at approximately $360 million (AUD 491 million).
Digital business bank Grasshopper relaunches with focus on supporting SMEs
The bank has brought in a new leadership team and implemented a new technology strategy.
Banking Tech Awards 2022 now open for nominations
The awards are open to banks, financial institutions, technology and service providers, teams and individuals.
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.
Why instant loans are catching fire with fraudsters
Fraudsters are now increasingly finding clever ways to exploit this innovative form of financing.
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.
Indian neobank Niyo lands $100m Series C to boost product development
Niyo CTO says: “We are seeing massive tailwinds for digital financial products since Covid-19.”
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.
GB Bank taps TruNarrative for fraud detection and customer onboarding
GB Bank says the partnership will reduce friction in customer journeys and enhance its risk mitigation.
Pipe acquires Purely Capital to move into media and entertainment financing
Pipe claims to be “the creator of the world’s first trading platform for recurring revenues”.
TreviPay acquires fellow B2B paytech Baton Financial Services
Start-up Baton “has built a unique, innovative B2B invoice payments network”, TreviPay says.
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.
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.
Italian BNPL provider Scalapay raises $497m in Series B
Scalapay has also launched a checkout experience platform for e-commerce called Magic.
Colombian neobank Plurall launches to serve LatAm’s SMEs and entrepreneurs
Plurall was founded in August last year and has raised $1.3 million in pre-seed funding.
Fintech funding deals globally 14 February – 20 February 2022
Featuring Neon, Flutterwave, RapidRatings, Spotter and Genesis.
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.
BNPL provider ViaBill raises $120m in equity and debt
ViaBill’s funding round was led by London-based Fasanara Capital.
Digital-first “bank for youth” LINC launches in Jordan
The neobank has been built by Cairo Amman Bank, a full-service bank in Jordan and Palestine.
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.
Standard Chartered’s SC Ventures launches supply chain finance platform
SC Ventures says TASConnect will unlock “significant value” for organisations.
Tinkoff Bank launches Russia’s first fully digital mortgage; plans Philippines expansion
“The refinancing and lending process will be extremely simple and 100% digital,” Tinkoff states.
SME financing platform Funding Societies raises $294m in equity and debt
The start-up has raised $144m in equity, led by SoftBank, and $150m in debt financing.
