Fintech funding deals globally 31 May – 6 June 2021
Featuring Wefox, Bought by Many, Chipper Cash, YieldStreet, and Kushki.
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Video: fintech news pick of the week – eBay splits from PayPal; EU plans new digital wallet
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
ICYMI funding round-up: Airtm, Cushon, Stake, Clim8, Nordigen & ikigai
A quick summary of this week’s smaller funding rounds.
2021 PayTech Awards hosted by Darren Harriott
Register for the free digital ceremony and networking on 8 July 2021.
Ex-Wise employees found commission-free trading app Lightyear
Lightyear claims to be the only true commission-free retail trading app.
Signicat buys Encap Security to combine mobile identity and authentication businesses
The two Nordic partners are now under one roof to offer a full lifecycle suite including SCA compliance.
eBay split from PayPal for paying sellers comes into effect
In the pipeline for some time, the switch marks a final loosening of a long-term partnership.
Latin America open finance specialist Belvo raises $43m
The Series A funding round is claimed to be the largest to date for a fintech in Latin America
EU plans new digital wallet for payments across all 27 nations
The new wallet is planned for a launch in the middle of 2022.
Video: fintech news pick of the week – HSBC, Klarna & Tandem
Top pick of news from the world of finance and tech in bitesize video format, twice a week.
Chipper Cash raises $100m in SVB-led Series C round
Africa-focused P2P firm claims to be the continent’s most valuable start-up
UK bookkeeping fintech Coconut embarks on crowdfunding path
The latest funding push by Coconut comes ahead of a significant switch to mandatory quarterly digital filing.
Trading floor: overcoming the dangers of personal mobile devices
There is now an immediate requirement for proper enforcement tools and the first line of defence.
BNPL firm Zip extends acquisition spree, buys up Twisto and Spotii
The Australian firm has spent $105 million on its new buyouts.
Belfius Bank adopts OpenSpan’s Mobile Security Suite to protect mobile customers from cybercrime
As cybercrime activity increases steeply, the Belgian bank has extended its relationship with the US specialist.
Webinar: Fintech at SaaS speed – navigating the scale and security challenge
The latest trends and techniques in SaaS security and the importance of a successful app protection strategy.
Klarna shuts app down after users report being logged into random accounts
Klarna CEO Sebastian Siemiatkowski: the glitch is “sad and frustrating”.
Exclusive interview: Minna Bank – Japan’s new challenger bank
Its in-house and Accenture built core system will become a commercial offering in its own right.
SoftBank pours $250 million into banking tech start-up Zeta
This Series C investment values the banking tech vendor Zeta at $1.45 billion.
Trade Republic plots European expansion with $900m Series C fundraise
German trading app aims for a roll-out across the euro zone.
HeyTrade and TrueLayer team for new retail investing app in Spain
HeyTrade and TrueLayer will deliver “a new investment experience using open banking payments”.
LINE BK is “an elevation for the financial industry”, says CEO
“In today’s digital world, we are stepping towards a so-called singularity era.”
Fintech funding deals globally 17-23 May 2021
Featuring Trade Republic, Pine Labs, Figure, DailyPay, and Sunbit.
JS Bank unveils Pakistan’s “first ever” digital cheque service
It allows customers to write and issue a check “instantly”.
Video: Top fintech stories this week – 20 May 2021
The FinTech Futures weekly round-up of the industry’s top stories and happenings from across the globe.
CleverCards to gain EMI licence via M&A, raises Facebook exec-led €10m round
Gareth Lambe, head of Facebook Ireland, has invested in CleverCards.
BNPL Laybuy raises $27m for UK growth drive
The start-up last raised debt financing in late July 2020.
Shortlist announced for PayTech Awards 2021
Register for the digital gala and networking on 8 July 2021 – it’s free to attend and open to everyone.
State of play: digital wallets / super apps
What does it take for a digital wallet to achieve the “super app” status?
ICYMI funding round-up: Mavience, VitraCash, KogoPay & more
We round up another selection of deals you may have missed.
Dear Luc: Should I offer multi-currency accounts to cover post-pandemic travel?
As the world opens up, our writer asks if multi-currency accounts are a necessity, and how to offer them.
Six steps to slash digital banking go-to-market time
We use the FinTech Insights platform to investigate how banks can reduce their time-to-market.
Meeting omnichannel expectations in the new retail landscape
The use of connected retail now holds more potential than ever.
Banking Tech Awards 2021 now open for entries!
The awards are open to banks, financial institutions, technology and service providers, teams and individuals.
Three US credit unions select Bankjoy for digital banking
The three firms have a total $760 million under management and 57,000 members.
Miami neobank Fortú launches with Galileo Financial Technologies
Fortú plans to focus on Latinx communities and their unique needs.
PBCOM goes live on cloud-based Temenos core banking system
Philippine bank first signed for Temenps back in 2012.
What I learned from a chatbot about the future of digital banking
We ought to abstract tech away from the schema and focus solely on people.
Au Jibun Bank investment app: changing hearts and minds
Au Jibun Bank aims to become the lifelong partner for every customer.
Fintech funding deals globally 26 April – 2 May 2021
Featuring Brex, Paxos, Vena, Greenlight, and Current.
