Haufe Group takes stake in German challenger bank Kontist
Berlin-based firm also gets Series A funding.
SME
SIA seeks fintech paradiso with new open banking platform
Italian firm wants to embrace almost everyone.
White paper: Digitising financial service agreements
Find out more on how to digitise financial agreements
ING invests £5m in UK lendtech Funding Options
Dutch bank also takes minority stake in the SME lending marketplace.
Thinking Capital and National Bank to offer funding to Canada’s SMEs
Bank meets fintech. A love story for the 21st century.
What supply chain finance tells us about Liam Fox’s post-Brexit export strategy
The launch of the UK Government’s Export Strategy to boost British business is very welcome.
SimpleFinance raises $15m supported by SBI Group
It’s SBI’s largest minority investment to date in a Russian company.
Abu Dhabi regulator tightens up funding rules
ADGM also teams with Beijing-based firm for Belt and Road initiative.
Novo business banking launches in US
New bank offers a current account and debit card solutions for start-ups.
India Post Payments Bank opts for FSS payment stack
Bank is targeting rural households and SMEs in the country.
Australian challenger bank Judo selects Temenos T24 core system
Bank is looking for SME sector success.
Top fintech stories this week – 7 September 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
South African paytech Yoco raises $16m funding
Round led by Partech with participation from Orange Digital Ventures.
UK lender Acorn OakNorth raises $100m in funding
Aiming to reach $5 billion on its lending platform.
CAN Capital receives $287m financing facility
Money courtesy of alternative asset manager Varadero Capital.
Greece’s first challenger Praxia picks Temenos T24 core banking system
As it recovers economically, SME lending can add a boost to the country.
Countingup on the up with £2.3m seed funding
UK-based challenger bank will develop its accounting features.
Funding Circle plans to raise £300m in IPO
Lending platform’s plan was first revealed in January. Now it’s official.
HSBC preparing challenger bank on the side
A beta version of this new SME bank may come this year.
PaySimple goes mad for email marketing
Unveils partnerships with MailChimp and Constant Contact.
Indonesian lendtech KoinWorks collects $16.5m funding
Series A funding round led by Mandiri Capital.
BTPN completes front office revamp with Diasoft’s Flextera
Retail bank in transformation throughout Indonesia.
Debitum debuts in alternative finance space
Blockchain-based and coming in September.
US wakes up to SME cybersecurity needs
The cybersecurity act disregarded SMEs, and this latest bill aims to fix that.
SME bank Tide feels pride with £8m investment
As happy as a clam at high Tide.
US challenger Grasshopper Bank hops into view
Selects core banking software – Temenos’ T24.
Digital champion Compeon unleashes SME loans in Germany
Digitaler Mittelstandskredit ist hier!
CurrencyFair to buy Convoy Payments for Asia advance
All part of a €20 million investment plan.
Four de novo banks coming to Carolinas
Three US start-up banks are being launched in North Carolina, with one also powering up in South Carolina.
Alpha Business Bank readying to take on American SMEs
Claims to “get” small businesses.
Visa invests in Behalf for SME financing push
All part of Visa’s commitment to invest up to $100m in fintech.
Australian SME lender Skippr closes $16m funding round
Financing start-up sends message of reassurance.
TransUnion teams with EXL for CECL compliance
Credit reporting agency and analytics company are an item.
UK challenger bank LQID smoothly starts up
To “bridge the gap” between digital and high street challengers.
Banque Palatine launches pre-paid travel card
A mobile app/card combination to withdraw and pay on any currency available.
Barclays takes stake in SME lender MarketInvoice
First high street bank to enter into a partnership with the fintech firm.
Australian challenger bank Judo Capital gets $140m funding
SME plans are on Judo’s hip pocket.
TransferMate finds €21m investment mate in ING
They want more SME customers and corporate clients.
Poland’s Horum Bank readies for launch abroad
Seeking a licence from one of the Baltic countries.
City of London Group to acquire Acorn to Oaks for £1.4m
A2O focuses on SME and insurance products.
