Vipps MobilePay launches cross-border P2P payments between Denmark, Norway and Finland
The service is to extend to Sweden following Vipps’ entry into the market.
Start-up
BaaS fintech Unit to reduce workforce by 15%
The cuts are in response to “slower than expected revenue growth”.
Fintech start-up ZORRZ selects Clowd9 to process payments for new AI-powered BlueAccess credit card
ZORRZ is preparing to launch a financially inclusive credit card.
FinTech Founders Video: recognising the need and maximising the potential
Four fintech founders recount their start-up journey.
ICYMI fintech funding round-up: Layer3, Sidekick, Elevate, Sahl, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Agora acquires Clearshift’s real estate division
Clearshift is to continue managing the division’s payment and compliance functions.
Koilink Technologies to launch equities trading app in Q4
The start-up has also confirmed its intended stock market debut on the Chicago Board Options Exchange.
Danish fintech Ageras to make “1-2 major acquisitions” ahead of 2026 IPO
The Copenhagen-based start-up claims to have experienced revenue growth of 53% in 2023.
Former Temenos execs found GenAI banking tech start-up, yPilot
Based in Vancouver, Canada, yPilot says it “leads the way in AI innovation for banks and credit unions”.
Pipe secures new $100m credit facility from Victory Park Capital
Pipe says the facility “has the potential to upsize up to $200 million in the future”.
Barclays and Lloyds-backed loyalty app Bink enters administration
Bink had suffered significant losses for a number of years, with its closure to incur 46 job losses.
TXSE Group poised to challenge New York exchanges’ dominance with Texas Stock Exchange launch
TXSE plans to submit a registration with the US Securities and Exchange Commission later this year.
FinTech Founders Video: overcoming obstacles on the path to success
This FinTech Founders video discusses the tools and techniques to overcome the challenges of launching a start-up.
ICYMI fintech funding round-up: Fizz, Torpago, Sibill, WealthOS and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Student lending start-up Scolaris Finance taps Sopra Banking Software for core platform
Scolaris Finance board chair Dr Simon Aziati cites the adoption of the core platform as “a crucial step”.
Money20/20 Europe wraps up final day with founders, funding and fintech innovation
Money20/20 Europe leveraged its swan song to highlight a string of progressive initiatives for fintech founders.
A banking kiosk for a new era of banking
Despite the overall downward trend, a lot of cash is still being withdrawn and used in circulation.
Boost Bank officially launches its digital banking app in Malaysia
Boost Bank secured regulatory approval from Bank Negara Malaysia and the Ministry of Finance earlier this year.
Lydia selects Marqeta to power its new digital banking app Sumeria
Marqeta first partnered with Lydia Solutions in 2019 to power its peer-to-peer payments app.
Asia’s first full reserve digital bank, ORO Bank, launches in Bhutan powered by Finastra
The bank has partnered with Finastra to leverage its Essence solution in the cloud.
What the FinTech? | S.5 Episode 9 | Fintech innovation and collaboration
In this podcast episode, we chat with Andy Lowe, EMEA Head of Business Development for Technology at Bank of America.
New digital-only bridging lender Morpheus launches in the UK
Morpheus will initially provide bridging loans of up to £750,000.
FintechOS bags $60m in Series B+ investment round
The start-up claims it is “on track” to achieve break-even in 2024.
Millennial wealth building platform Belong launches in the UK
The start-up launches with stocks and shares ISAs, GIAs, and a five-year amortising “Boost” loan option.
US paytech start-up Forward lands $16m seed round
Forward aims to collaborate with SaaS firms to increase their revenue by “two to three times”.
ICYMI fintech funding round-up: Landytech, Frich Money, Swiipr and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
MD Finance report shows fintech companies with the highest chances of funding
Interest in quality companies with robust metrics is still alive and well. Download the free report to learn more.
May 2024: Top five new fintech launches of the month
FinTech Futures takes a look back at five of the top new launches during May.
Business banking start-up GoDutch launches in the Netherlands
The start-up is aiming to “revolutionise business banking by redefining what ‘fair banking’ truly means”.
FinTech Founders Video: start-up journey reflections and key advice for aspiring founders
Four fintech founders reflect on their start-up journeys and give their key takeaways for aspiring entrepreneurs.
Business banking start-up Relay raises $32.2m in Bain Capital Ventures-led Series B
The Relay platform is designed to “help small businesses take control of their cash flow”.
Stripe’s Paystack leads investor group set to acquire Nigerian fintech start-up Brass
Other members of the investment group include PiggyVest, Ventures Platform and P1 Ventures.
May 2024: Top five funding rounds of the month
FinTech Futures takes a look back at five of the top funding rounds to emerge during May.
UK challenger SilverRock lands banking licence with restrictions from PRA following £50m raise
The new bank says it plans to start lending “later this year”.
Remittance start-up Félix Pago bags $15.5m Series A funding
The firm enables Latino workers in the US to send money abroad via WhatsApp.
Rich Data Co inks first US deal for AI decisioning platform with M&T Bank
North America’s sixth-largest commercial bank has tapped the platform to “detect more early warning signs” in lending.
Climate fintech start-up Cloover secures $114m in seed funding round
The firm says the funding will be used to “enhance our operating system designed for the renewable energy industry”.
Turkey’s Colendi reportedly raises $65m Series B funding led by Citi
According to Bloomberg, the round takes the fintech’s valuation to around $700 million.
Spanish paytech PayRetailers acquires Transfeera to drive Brazilian expansion
PayRetailers recently received its Brazilian payment institution (PI) licence last month.
FinovateSpring 2024: Rethinking customer experience and boosting diversity in financial services
FinovateSpring 2024 concluded on Thursday after a day filled with thought-provoking panels and keynotes.
