Branch raises $48m Series B to serve independent contractors
Payments firm provides instant access to wages and a zero-fee bank account.
Mobile
Boku launches mobile payments network M1ST
Firm aims to make mobile payment acceptance easier for merchants.
Chime secures $750m funding to reach $25bn valuation
The San Francisco-based firm has now raised over $2 billion in total funding.
ICYMI funding round-up: Sarwa, Salad, Grip, Keebo & more
Another collection of funding rounds and raises from all over the world you might have missed this week.
Triodos Bank UK partners SurePay to deploy Confirmation of Payee solution
Triodos says it chose to partner with SurePay due to its “best-in-class” platform.
Social finance app Frich launches in the US
NYC-based Frich offers a savings wallet and no-fee overdraft for Gen Z users.
Video: fintech news pick of the week – BharatPe, Apple and BigPay
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Plaid agrees $58m settlement over data privacy class action
The plaintiffs alleged Plaid stored and used bank account information without consent.
Extended deadline announced for Banking Tech Awards 2021
The new nomination deadline for the Banking Tech Awards 2021 is 20 August.
Indian challenger bank Jupiter lands $45m Series B funding co-led by Nubank
The start-up has now raised around $71 million in total.
Apple partners Affirm Holdings to launch Canadian BNPL service
Apple will allow customers to pay in instalments to buy iPads, iPhones, and Macs.
Video: fintech news pick of the week – Rapyd, Monzo and Mercury
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
ICYMI funding round-up: Snoop, Easy, Wildfire Systems, Ritmo & more
Another batch of funding rounds that might have flown under your radar.
Indian fintech BharatPe secures unicorn status with $370m Series E round
The company says the investment takes its valuation up to $2.85 billion.
UAE-based BNPL provider tabby lands $50m Series B funding
The round takes the company’s valuation up to $300 million.
QR codes – changing the consumer experience in banking
Introducing the “touches ATM experience” with QR codes.
Capturing the Gen Z market starts with onboarding
Fintechs should deliver the digital-first experience Gen Z expects from the minute they sign up.
Vietnamese fintech VNLIFE lands $250m Series B funding
The funds will be used to fuel its “continued digitisation of Vietnam’s service ecosystem”.
FCA investigating Monzo as challenger reports £115m yearly loss
The FCA is investigating Monzo over potential breaches of money laundering laws.
Robinhood falls short of $35bn valuation target in subdued IPO debut
Shares fell in value by as much as 12% before recovering last week.
The future of paytech in APAC
Some of the emerging paytech trends that have gained momentum in APAC.
Report: Self-service banking – the key to customer acquisition and retention
Fintech Futures investigates how self service banking has changed and what firms can do to keep up.
Klarna builds out retailer support with APPRL acquisition
The deal adds a platform for linking creators and retailers to Klarna’s retail ecosystem.
ICYMI funding round-up: Cobee, Sila, Vincent, WhenThen, Clara & more
Another batch of funding rounds that might have flown under your radar.
Digital wallet start-up Eco lands $60m investment
Eco launched its app in March and has now raised around $94.5 million in funding.
Mobile first, second and third!
Most companies talk about the importance of mobile technology, but I’m not convinced there is a proper understanding.
White paper: How top companies are better mitigating fraud & enhancing CX with Phone-Centric Identity
Nine of the top ten banks use Phone-Centric Identity to mitigate fraud. Do you?
BNPL firm Zilch raises additional $110m in Series B extension
The funding has been led by Goldman Sachs Asset Management and DMG Ventures.
Fintechs will be at the heart of the next wave of security wars
Hackers are rapidly adapting their tactics to target features of modern fintechs.
ICYMI funding round-up: Credit Fair, Plooto, Xclaim, Weavr & more
Another batch of funding rounds that might have flown under your radar.
Dear Luc: What’s the deal with embedded finance?
This week someone writes in to ask: how can I get on the embedded finance bandwagon?
Afterpay to launch lifestyle app Money on Westpac tech
BNPL firm aims to make Money a primary account for users.
Cambridge Savings Bank launches new digital banking solution
Ivy Bank will act as a digital-only division of CSB.
Australian fintech Alex secures banking licence from APRA
It’s the first licence to be handed out by APRA in 18 months.
Former EU commissioner joins fintech start-up W1tty ahead of planned launch
W1tty’s finance app is set to launch in Poland and Lithuania this autumn.
Indian payments firm Paytm files for IPO with $2.2bn target
The firm plans to use the funds to strengthen its payment network and explore new acquisitions.
How COVID-19 has accelerated the use of digital banking solutions in Africa
The past year has seen a clear trend towards the adoption and acceleration of digital banking products.
Verizon and Mastercard forge partnership to bring 5G capabilities to payments
Internet of Things (IoT) sensor connectivity will be combined with near real-time edge computing.
M1 Finance secures $150m in SoftBank-led funding round
The firm claims the investment now takes its total valuation to $1.45 billion.
Digital wealth manager Syfe lands $30m Series B funding
The financing comes nine months after its $18.6 million Series A round.
