SME finance app ANNA gets £8.5m funding
New investment comes from Kinetik.
SME
Licence lust lets Lithuania’s fintech sector soar
Sector expanded by 45% in 2018 as Google and Revolut were awarded licences.
Credorax turns to Temenos’ T24 Transact for payments push
Running on the Azure cloud.
Indian banks unveil blockchain-linked funding for SMEs
The 11 lenders include ICICI, Axis, Yes Bank and Standard Chartered.
SME lender Iwoca gets $7.5m investment from Augmentum
As part of a larger investment round.
Growth Street gets £7.5m funding to grow lendtech business
Round led by Merian Chrysalis Investment.
AXA Venture Partners gets $150m for fintech funding
Aiming to support start-ups and digital health firms.
AnaCap-backed paytech Heidelpay acquires Universum Group
Its fifth bolt-on acquisition since AnaCap’s initial investment in 2017.
Barclays and Santander join £56m funding in MarketInvoice
UK-based SME lender plans fintech-bank partnerships.
ScaleFactor secures $30m funding for back office automation
Texas-based accounting platform seeks expansion via “business OS”.
Top fintech stories this week – 18 January 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Goldman Sachs fuels SME finance provider Capify with £75m funding
UK company gets boost for its expansion ambitions.
Kabbage powers Alibaba’s pay later payments programme
Alibaba’s SME customers can get up to $150,000 of financing.
Tide rides with ClearBank on UK SME banking market hunt
Looking for action and funds from £775 million RBS Alternative Remedies Package.
White paper: How do I buy an Enterprise Resource Planning system?
An ERP solution is the best fit for a growing and aspirational fintech company, but how do you choose the right one?
Dashing OCBC Bank unleashes SME dashboard
“We anticipate that this will become a command centre for them.”
Terrific triple for FinTech Scotland’s first anniversary
Joy ensues as the number of SMEs based in Scotland has grown by three times.
Countingup finds its auto-match for payments invoicing
UK challenger business banking provider is up for it.
Alipay powers Pakistan’s “first” blockchain-based cross-border remittance service
Service provided by Telenor Microfinance Bank and Valyou.
CAN Capital introduces new CEO Edward Siciliano
Alternative SME financing firm has a new captain.
£20k billboard in London calls for RBS investigation
Set up by victims of the bank’s alleged SME client mismanagement.
Fiserv fuels Mi Bank’s de novo launch
Michigan’s first de novo bank in a decade.
Coconut milks crowdfunding to launch current accounts
UK firm unleashes latest product for freelance folks.
BBVA and EIB sign €1bn synthetic securitisation on blockchain
The first of its kind in the EU.
Old guard and challenger banks sit at UK’s switching scheme table
Incentivised Switching Scheme welcomes 11 banks.
FundedByMe gets the nod for UAE crowdfunding debut
Sweden-based platform granted approval for 2019 start.
CivilisedBank name change leaves founder short-changed
EXCLUSIVE. UK challenger bank now called Allica. Founder now trying to make sense of it all.
Australian challenger bank Judo powers on with Vermeg regtech
Selects AgileReporter package for APRA requirements.
Lending platform JUMO gets $12.5m funding
Takes total raised in excess of $103 million.
Could PayPal dethrone banks when it comes to small business loans?
In the field of small business loans, PayPal is certainly changing the traditional paradigm.
UNICEF fuels SME funding for emerging markets
Its innovation fund gives Atix Labs some support for good causes.
India’s FinXtree fires up for fresh fintech products
Plans to develop digital products for lending and blockchain solutions.
CUNA Mutual Group acquires lendtech Mirador
US firm aiming for digital lending market for credit unions.
PASS Consulting bags 15 German bank tech wins
Guarantee banks switch to its SolutionWorld Banking solution.
Cynergy Bank launches rebrand following acquisition
Previously known as Bank of Cyprus UK.
UK’s new SME dispute scheme gets disputed
An MP says caps on payouts are too low and there are concerns over costly court action.
Open Banking: how the rhetoric is becoming a reality
We need to change the first five pages of a Google search from cynicism and hyperbole to positive stories.
WorldRemit and Brac on track for Bangladesh payments
New partnership allows bank and mobile money transfers to the country.
Atom Bank in tech refresh with Thought Machine
A multi-year deal will put Atom’s personal and business banking products onto Thought Machine’s Vault tech.
PayPal’s iZettle acquisition raises UK competition concerns
UK’s Competition and Markets Authority poking around.
