Aion Bank signs payments processing deal with Form3
Form3 to provide real-time payment processing, clearing and settlement.
Start-up
ADQ’s unnamed neobank nabs new CEO from Emirates NBD
Patel joins the upcoming challenger after leading Emirates NBD’s challenger Liv.
Dubai-based Bankiom promises “new way” to manage money
Banking app promises fast account setup and loan processing.
Walmart prepares launch of its own fintech start-up
Retailer says customers want more of its financial products.
Canadian challenger Koho appoints new CTO
Jonathan Klein joins the neobank from Wayfair.
Shariah P2P fintech Alami raises $20m in debt financing
Alami hopes to distribute trillions to SMEs and micro businesses.
Revolut applies for UK banking licence to boost primary account numbers
Fintech unicorn seeks to transition to full bank in the UK.
Orange Bank acquires challenger Anytime to expand SME focus
Anytime to fall under the Orange brand as it looks to scale up for businesses.
San Francisco challenger Oxygen raises $17m in Series A
Runa Capital, S7V, EFG Hermes, and Rucker Park, took part in the investment.
Fintech funding deals globally 28 Dec 2020-3 Jan 2021
Featuring Mission Lane, Narmi, Finja, CarPay, and ZipLoan.
UK challenger B-North raises £250,000 and signs deal with Channel 4
Channel 4 signed an advertising-for-equity deal.
Oxbury plans 2021 launch after fresh £15m injection
Challenger bank for farmers receives investment from Duke of Westminster’s estate.
Tamam to launch Saudi Arabia’s first digital microfinance service
Tanam give green light after 18 months of sandbox testing.
Jamaican central bank plans electronic payments regulation revamp
Jamaicans sent $4 billion in electronic payments in 2019.
What the Fintech? Episode 18 | Year in review
We relay our industry highlights of 2020.
Paytech firm Ondot acquired by US banking tech giant Fiserv
Fiserv says the Ondot takeover will help it provide a “unified digital experience” to customers.
Mexican challenger albo raises $45m in Series B funding round
Albo has now raised just over $72 million across five rounds.
Swiss challenger Alpian picks cloud hosted Temenos tech
Alpian plans to deploy Temenos Transact and Temenos Payments in a SaaS model.
Tink lands €85m for continued expansion into 2021
The finding extension was co-led by new Parisian investor Eurazeo Growth.
Financial assistant app Cleo raises $44 million
Cleo has four million Gen-Z and millennial users; and recorded a 400% revenue growth in the last year.
Australian business banking challenger Gallantree adds crypto function
Gallantree targets entrepreneurs, family offices, and high-net-worth individuals.
Challenger for teens Step raises $50m in Series B
Among new investors are Charli D’Amelio, Justin Timberlake, Eli Manning, and Mantis VC.
Retail rewards platform Fetch raises $80m in venture funding
Fetch Rewards has raised $131m since 2013.
What the Fintech? Episode 17 | The spirit is willing, but the markets are weak
This episode of WTF? podcast features Vinoth Jayakumar, partner at VC firm Draper Esprit.
FinTech Futures Jobs: the six best things about working in fintech
On the job hunt or looking for a perfect candidate? Head over to the FinTech Futures Job portal!
Square and Tencent lead €93m Satispay funding round
The Italian paytech firm has recorded “significant growth” in 2020
Investing as magic discovered
A new investment app that aims to truly change the way you are used to thinking of things.
FinTech Futures Jobs: five things a fintech start-up founder will ask you in an interview
Interviewing in a fintech company is different from interviewing in other industries.
New senior hires at core banking tech vendor 10x Future Technologies
Dr Leda Glyptis is new chief client officer and Mark Holt is chief product & engineering officer.
Former UniCredit execs launch Aidexa to service Italian SMEs
The bank aims to win over some of the seven million small businesses in Italy.
Neobank Mercury aims to serve US start-up scene
Founded in 2017, the bank has raised $26m so far.
Report: Three key strategies for customer experience success
In-depth industry report on customer experience, featuring expert insights from Mettle, HSBC & Northwestern Mutual.
Grab leads $100m investment in Indonesian e-wallet LinkAja
Singaporean fintech begins investment project in Indonesia.
Nigerian challenger bank Kuda raises $10m in seed funding
Kuda completes the largest seed round in Africa.
Brazil prepares launch of new regulatory sandbox
Country’s central bank wants “integrity, reliability, and security” from participants.
UK banks and challengers ranked: from on-boarding to app functionality
We use an analytics platform to figure out which UK banks are giving their customers the best service.
Allica CPO says incumbents and fintechs still neglect some SMEs
“The decline of branches is synonymous with decline of relationship banking,” says CPO.
FinTech Wales appoints IBM vet Sarah Williams-Gardener as CEO
Williams-Gardener is also a founding member of Starling Bank.
FCA joins cross-border fintech testing initiative
The UK regulator is one of 23 regulators taking part in the project.
UBS launches fintech investment portfolio UBS Next with $200m to burn
UBS’s new venture is aiming to invest across the fintech ecosystem.
