South Africa’s FNB turns to township trade
First National Bank partners with Selpal for new customers.
Mobile
MyBucks and Bibimoney are SIM-Skin kings of Africa
Joint venture aimed at continent’s microloan market.
Smart Pension solution Envizage-s financial well-being
UK-based fintech uses guidance engine for new product.
Orange and MTN launch African mobile money firm
Two telcos team for Mowali JV.
Amsterdam students debut first investment via Dyme
The students are up to something.
Poland’s Braintri merges with iCompass
Looking for international markets.
Paytm Canada extending payment app services with Paysafe
Now users can pay for goods and services, as well as bills.
France’s Casino Group takes 5% stake in Lyf Pay
Casino bets on making “shopping experience richer” via mobile firm.
US regulator plays hardball over ICO securities
Yo fintech! Don’t mess with the Securities and Exchange Commission.
Webinar: How to Kick-start Your Digital-First Banking Transformation
Register for a Backbase webinar, taking place on 28 November.
Gohenry crowdfunds £6.2m for US expansion
To teach American kids about money.
KBC Ireland app to go multibanking
Thanks to open banking and PSD2.
Discovery debuts digital bank
Financial services company launches new digital offering.
Lunar Way launches budgeting tool for consumers
The Danish non-bank gets ahead of most banks.
Tandem Bank earns its Stripe-s for auto savings
UK challenger bank also opens community beta testing for new feature.
Unisys elevates Monmouthshire Building Society’s digital services
Hello online banking.
White paper: The Digital Banking Transformation Playbook
How can your financial institution compete?
Top fintech stories this week – 16 November 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Mastercard leads $16.5m funding round in Mobeewave
Series B round also includes support from NewAlpha and Forestay Capital.
Swiss watchdog investigates Credit Suisse and UBS over Apple payments boycott
Alleged boycott of Apple Pay and Samsung Pay in favour of TWINT.
Paytech Poynt scores NAB points with $100m funding
Series C raise includes Elavon and National Australia Bank.
Cambodian paytech Clik-s with £2m funding
Round led by Limestone Technology and OpenWay.
Russian banks to unleash first contactless ATMs
Sberbank and Russian Standard Bank launched in test mode, others to follow.
Southeast Asian consumer finance firm Akulaku gets $70m funding
Round includes support from Sequoia India and BlueSky Venture Capital.
Starling Bank’s £10m funding helps it make a stand to Monzo
As it prepares for a £80m round push.
Bangladeshi lendtech ShopUp receives $1.62m investment
Automating online credit assessment for MSMEs.
Mash and Nets partner for pay later solution across Nordics
Will be first available in Finland and Sweden.
Finance app Portify fortifies with £1.3m funding
UK start-up gets money from Kindred Capital and Entrepreneur First.
Meniga gains foothold in Southeast Asia with UOB deal
Meniga’s tech to help UOB’s customers “keep track in real time of their savings and expenses more easily and clearly”.
Deutsche Bank desires loyalty with Yunar app launch
Start-up behind Yunar is a wholly owned subsidiary of the bank.
Grab gets $50m funding from Kasikornbank
They also unveil GrabPay by KBank, a co-branded mobile wallet.
NY subway to accept contactless cards in 2019
US plays catch up in retail payments.
CardFlight partners with Payscape for merchant base race
Payscape will offer CardFlight’s SwipeSimple tools.
Coconut smashes crowdfunding goal in a day
Over £650k raised, from an initial goal of £500k.
Canada’s Zag Bank to be canned
Bank’s shareholder Desjardins Group targets Q2 2019 ending.
CredoLab and GoBear unveil credit solution for underbanked
Collaboration between alternative credit scoring specialist and personal finance comparison site.
Three UK and Meniga team for Wuntu Money app
Exclusive from Meniga’s FIN42 event in Iceland.
Cash management app Slide glides into the market
So SMEs can take control of their finances.
RBS tests its SME digital entity Mettle
New standalone entity is looking for early access applications.
London-based bank Dozens about to launch
Previously called Project Imagine.
