FinTech Futures: Top five stories of the week – 6 May 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
A deep-dive into the trends defining 2022 and beyond, based on a comprehensive survey of the industry.
YoCripto is on a mission to be the first in Latin America to offer a credit card with Bitcoin rewards.
First Bank says Finzly’s Payment Hub “gives us the speed and agility to offer a fintech-like payment experience”.
The “industry first” deal will allow for transactions to be conducted near instantaneously.
In his new role at GoCardless, Stoddart will oversee the strategy, sales, product, marketing and customer teams.
The EU Commission claims Apple has violated anti-trust rules for the benefit of its own Apple Pay.
The company operates in Mexico and Chile and has more than 450 employees spread throughout LatAm.
The partnership will enable Beewise users to connect their existing bank accounts securely to the new app.
The funding will be used to double the size of its team and develop new products.
The early-stage round was led by Matrix Partners and saw participation from PayPal Ventures.
Traditional banking systems remain largely built on the rails of decades-old technology.
The round saw participation from Target Global, Global Founders Capital, Finch Capital and Partech, among others.
The cash will be spent on Minka’s ongoing clearinghouse and central bank infrastructure modernisation project.
Fintech start-up Humla will be powered by a BaaS platform developed by SEB’s innovation studio SEBx.
Digital payment systems have seen explosive growth with many people moving away from cash.
Cover story: THE NEED FOR SPEED – Getting money to those that need it, fast.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
This week’s funding round-up includes three North American fintechs – CoreChain, OneVest & Crowdz.
Banking Circle expects more than 20% of e-commerce transactions in Europe will be made via A2A payments by 2023.
The latest round takes Copper’s total capital raised to date to $42.3 million.
Saltare aims to give large organisations the tools to pay suppliers and partners more quickly.
Nexa Equity aims to scale Choice through both “organic initiatives” and strategic acquisitions such as DPC.
The funding was raised at a pre-money valuation of $60 million, according to Sky News sources.
The acquisition is expected to close in Q3 2022, subject to customary regulatory conditions.
MoneyGram responded to the “baseless claims”, adding it is “fully prepared to vigorously defend itself”.
Mirabaud’s planned digital transformation programme will take several years to fully implement.
Multicent will offer personal and business accounts, a crypto exchange and merchant services.
Moving money where it’s needed quickly, reliably, and cost-effectively is more important than ever.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Kamienas joins from financial group SEB and will be tasked with expanding the company’s European footprint.
FinTech Futures chats with JP Morgan’s Jeremy Balkin about new developments in the payments space.
PayU has invested more than $1 billion in fintech companies to date.
The firm’s app currently has a waitlist of over 15,000 people.
The new combined entity will operate under the MYPINPAD brand and will double its global footprint.
DLT has the potential to bring post-trade processing into the 21st century.
Ant Group will become a majority shareholder of 2C2P.
AI offers a winning strategy in the race to reduce fraud and continue improving payment flows.
Exciting open vacancies at Experian, Klarna and Hazy. Apply today!
Here’s our pick of five of the top news stories from the world of finance and tech this week.