Agora Services lands $2m in seed funding
The founder previously built French digital bank Fortuneo.
The founder previously built French digital bank Fortuneo.
“I think the pain points are quite similar across different income levels,” says co-founder.
The AI assistant can predict cashflow, spending patterns and forecast balances.
“This is a crucial investment,” says co-CEO.
“If our systems fail, a big part of the economy would fail,” says exec.
FinTech Futures picks out the fintech tidbits in this week’s announcement.
Rizq plans to benchmark itself as close as possible to existing challengers.
“There’s growing demand in the market for financial knowledge to be more practical,” says CEO.
CEO says rounds will drive fintech closer towards 1 million users within a year.
Start-up wants to change the way students are given credit.
Keep calm and carry on: Where does COVID-19 leave the Chinese fintech market?
Europe and USA have to create their own ecosystems to compete with the East.
It has been in the works since October 2018.
The gap between the population of the banked and unbanked is continuing to broaden.
The challenger bank has been aiming for an Irish licence since last year.
The neobank is “very close” to its Q2 launch this year.
The venture now has a 50-person London-based team.
The trading app is focused around making investing ‘social’.
Neo plans a credit card and rewards-based savings.
Checkout.com buys another module in the payments process.
PayKey is a social app payments integrator, and equensWorldline a pan-European payments processor.
“I like to think of myself as a simple entrepreneur,” says Niknam.
Venture funding round to be used on new products and new hires.
The fintech has “significantly progressed” with its pre-application for a UK bank licence
TripActions Liquid will float an employees’ travel spend.
The country’s central bank announced its plans in December to issue up to five licences.
All banks with more than 500,000 customers will have to use the new system.
Network International partners now able to connect to WeChat Pay.
New firm aims to help start-ups in emerging markets.
The partnership will enable direct access in the Varo app to the WorldRemit service.
The tech vendor worked with Visa, Samsung and PayCore to test new product.
UK watchdog warns of customer risk exposure from flashy fintech firms.
New mobile wallet will target Pakistan’s underbanked and freelancer market.
Goldman Sachs led the latest round.
FinTech Future’s weekly news round-up.
Moven founder announces new bank on social media.
Mobile banking firm Varo Money has gained approval from the Federal Deposit Insurance Corporation (FDIC).
Mexican challenger bank has also launched its credit card.
Russian neobank plans to launch its new fintech later this year.
Starbucks said its prepaid cards had $1.56 billion in stored value at the end of 2019.