eToro buys blockchain company Firmo
This is eToro’s first acquisition.
Lending
Nelito gains Myanmar microfinance win
Alliance for Microfinance in Myanmar has taken Nelito’s FinCraft core system plus the mobile and lending tech.
Wolters Kluwer gets new credit union win in Florida
Grow Financial Credit Union is implementing lending and compliance solutions in 26 branches.
Temenos gains new business from Akcelerant-derived user base
Maps Credit Union, Hudson Heritage Federal Credit Union and Guardian Credit Union.
CreditLadder and Nationwide team up to help renters buy a home
They say it’s the first relationship of its kind in the UK.
Indian lendtech Spoon readies for launch
Aiming to offer micro lending through a mobile app, in real time.
Client experience: hallmark of the digital credit and lending journey
What is the Holy Grail of credit and lending transformation?
StanChart to set up digital SME platform in India
Will offers business loans, invoice/supply chain financing, and commercial insurance.
Dutch SME lender Finturi raises €2m funding
The start-up uses blockchain and AI for its lendtech platform.
Video: fintech news weekly round-up – 11 March 2019
Featuring New Zealand, Ant Financial, and Raisin.
CULedger teams up with IBM for blockchain network
A cooperative model designed for credit unions and SMEs.
Spanish fintech Pagantis closes €65m for e-commerce financing
It aims to expand its services to Portugal, Italy and France.
Lack of buyers puts an end to UK’s Raphaels Bank
One of the nation’s oldest banks is being wound down.
First State Community Bank picks Jack Henry’s lending suite
New tech is provided by Jack Henry’s ProfitStars division.
UK fintech regulator puts bigger fines on the menu
FCA confirms increase in Financial Ombudsman Service award limit.
TurnKey Lender locks in new investment from OSK Ventures
Singapore-based digital solution provider gets more funding.
nCino lands new customers in Stockholm and Sydney
DBT Foretagslan and Thinktank are BOS-sing it.
Great member expectations for Fiserv’s double win
New US deals with HealthCare First Credit Union and Portland Local 8 Federal Credit Union.
AI Foundry creates new mortgagetech solutions
Designed to speed up the pre-approval and underwriting approval process.
US mobile banking start-up Chime rings in $200m funding
The challenger is now valued at $1.5 billion.
Esme Loans getting data warehouse courtesy of Microsoft
To help with AI processes in the lending process.
White paper: Intelligent business software solutions enabling fintech companies to grow
How can you grow your fintech firm with a business software solution?
Quint ain’t skint with NatWest’s £16.5m funding
UK firm plans to drive growth through acquisitions.
Shuhe snaps up $30m funding from internet giant Sina
Chinese start-up wants to improve its data capabilities.
The reality of Brexit for small businesses
Small businesses are applying a practical no-nonsense approach to protect themselves and their business.
Australia upfront for better banking outback
The code of practice is a result of the Royal Commission’s recommendations.
Go Figure! US lendtech gets $65m funding
Brings its total funding to $120 million for its second year of operations.
Al Rajhi Bank turns to Temenos for digital revamp
Saudi Arabia’s second largest bank plans “complete renovation”.
New Valley Bank & Trust gears up for launch in Massachusetts, selects new lendtech
New Valley Bank & Trust has selected Baker Hill NextGen for its commercial and small business lending operations.
HSBC mixes with NepFin for middle market move in US
American firms via NepFin can now tap into HSBC’s commercial banking services and its network.
M&S Bank sparks open banking life into mortgages
Marks & Spencer’s stylish entity teams up with Equifax and AccountScore.
ASX to sell $385m stake in tech provider Iress
“It no longer provides the strategic value to ASX that it once did.”
AI Foundry and Ellie Mae use AI for speedy lending
Two firms will integrate their technologies for mortgage origination process.
Will challenger banks motivate change?
The need for digital transformation has been obvious for years and the window of opportunity is about to close.
UK lendtech DivideBuy feeling spry with £60m funding
Firm offers interest free credit and plans to develop its tech.
Starling Bank promises 400 new UK jobs with £100m grant
UK challenger also pledges to invest £95 million of its own money.
NSF makes £1.3bn takeover bid for UK lender Provident Financial
Non-Standard Finance makes unsolicited offer to buy its struggling rival.
Sasfin takes equity stake in South African lendtech Payabill
Johannesburg-based firm looking for more SME action.
Apple and Goldman Sachs to unleash iPhone/card combo
Credit cards will be rolled out to employees for testing in next few weeks.
Capitalise captures £3.5m funding
UK firm helps accountants provide advice for their clients.
