Indonesian fintech Flip plots expansion following $48m Series B
Cash will go towards strengthening its Indonesian operations and expanding its workforce.
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Curve appoints new CTO, Eric Molitor
Molitor replaces Matt Collinge, who left Curve after almost four years.
ICYMI funding round-up: Trolley, TSLC, and Freetrade
With the ever fast-paced nature of the fintech world, it’s easy to let announcements slip by from time to time.
Monzo raises more than $500m from investors at $4.5bn valuation
The neobank has already closed the first batch of money — $480 million — with more expected soon.
Financial services app Lydia hits unicorn status with latest funding
Paris-based Lydia has raised over $100 million in new funding.
Westpac acquires money management app MoneyBrilliant
MoneyBrilliant’s technology will be integrated into Westpac’s digital banking app.
APIs, open banking and the changing face of financial services
The pandemic played a substantial role in boosting the adoption of open banking and APIs.
Digital wealth manager Wealthsimple exits UK
All eligible accounts will be transferred to Moneyfarm in January.
Finnish paytech Enfuce raises €45m in Series C round
The Series C investment round was led by Vitruvian Partners, with participation from Tencent.
DIY investment platform Tillit launches
Tillit offers “a curated investment universe, exclusive content and a fee that is based on time rather than wealth”.
White paper: The innovator’s guide to the digital-first contact centre
Social and messaging are well on their way to become mainstream contact centre channels.
Banking service for migrants Majority raises $27m in Series A
The company has identified 180+ unique migrant communities it intends to offer its services to.
Batelco and i2c to launch Bahrain’s first open banking super app, Beyon Money
Beyon Money has recently secured a “first of its kind” open banking licence.
ICYMI funding round-up: Bunq, Qapita, GajiGesa, Knowledge Bank, Anchor, Goalsetter, & Lamaa
In Case You Missed It (ICYMI) funding round-up for you to get the latest fintech funding news.
Australia’s Mr Yum secures $64m Series A funding
Female-led company is focused on mobile orders and payments in restaurant and hospitality sectors.
New neobank Migom provides unbanked entrepreneurs essential banking services
The digital bank also provides crypto capabilities, including instant crypto transfers.
New e-money fintech Twig launches in UK
Twig customers can turn their unwanted possessions into cash.
Revolut buys SME hospitality ePOS software provider Nobly POS
Nobly POS software will be integrated with Revolut payment offerings internationally.
Saigon Commercial Bank to revamp cards offering with BPC
The project is partly driven by predicted strong growth in mobile transactions in Vietnam.
ICYMI funding round-up: Pomelo Pay, Nudge, Recordent, fintus, EarlyBird, WLTH, and Basiq
In Case You Missed It (ICYMI) funding round-up for you to get the latest fintech funding news.
National Bank of Kuwait unveils country’s first digital bank
Weyay is in beta mode and will target the country’s large youth market.
Payhawk raises $112m in second largest B2B Series B in CEE
Funding round takes payments and expenses solution provider to $570m valuation.
Israeli blockchain firm StarkWare raises $50m in Series C round
Company aims to increase blockchain bandwidth to scale technology for mass use.
Fintech start-up Imprint lands £38m in Series A round
Stripe among backers for brand-centric payments player with $53m raised in total to date.
Social investing app Shares hires former Revolut product lead as CPO
Harjas Singh will be based in the company’s London office.
Wyoming Bank and Trust selects Computer Services for core banking upgrade
The locally-owned bank has selected CSI’s NuPoint core platform.
FinTech Futures industry survey 2022
Share your views on the state of play in financial services, banking and payments technology sectors.
Oportun to buy neobank Digit in $213m deal
Acquisition intended to accelerate Oportun’s expansion plans by three to five years.
New UAE-based fintech Verity secures pre-seed funding ahead of app launch
The $800,000 round comes ahead of a planned launch in UAE later this year.
Stori brings in $200m in Series C funding and debt financing
The fintech has achieved one of the largest funding rounds to date in Latin America.
MasLife embarks on crowdfunding ahead of full launch of app
Combining financial and health wellbeing, the firm has a market valuation of £21.8m.
UK checkout fintech Volume aims to simplify online payments
2021-founded company plans to target both commercial firms and challenger banks as customers.
MFS Africa raises $100 million in Series C funding to boost digital drive
Payment gateway company looks to increase its exposure across Africa.
Russian neobank Tinkoff appoints ex-Morgan Stanley exec as co-CEO
Pavel Fedorov joins Oliver Hughes from the company’s board of directors.
New fintech Uellbee aims to improve financial inclusion in Mexico
The firm will offer access to credit, financial coaching, and savings.
How blockchain and cryptocurrencies can deliver financial inclusion for Africans
The uptake of blockchain and crypto has been growing in Africa, driven by the economic climate on the continent.
GroverPay plans easy lending for Singapore’s SMEs
New fintech says it can approve loans and onboard users in 24 hours.
UK neobank Monument given green light to launch by FCA and PRA
The neobank landed an authorisation with restriction (AWR) banking licence in October 2020.
New US fintech Wyshcast to boost financial inclusion with sandboxes
The service plans to offer a “fully-aggregated” and “one-stop” financial planning tool.
Fintech funding deals globally 1 November – 7 November 2021
Featuring Mynt, Plate IQ, Chipper Cash, Mythical and Moonfare.
