Finastra wins core cloud deal with neobank, Gravity
Gravity is still seeking authorisation to serve SMEs.
Start-up
Thomson Reuters launches global regtech competition
The contest seeks legal, tax and regulatory solutions.
India takes over China for number of fintech deals in Q2
Fintech deals in China fell 81% in Q2.
Declaring time of death and other ways of surviving doing business with big banks
Don’t be afraid to declare time of death when it is true: it is not an admission of defeat.
Indian start-up Scripbox acquires competitor Upwardly
The platforms chose collaboration over competition.
SoftBank supports start-ups under the radar
The Japanese technology giant invested $5 billion into Latin American “unicorns”.
Plug and Play welcome Abu Dhabi Commercial Bank
ADCB stands at a market capitalisation of AED 58 billion.
Ask the expert: your questions on growing the business answered
When is the right time for a founder to take a step back from the business?
WeChat Pay and Alipay partner QFPay raises $20m
The latest funding round brings QFPay’s total to $36.5 million.
Female founders become Accenture Lab’s new focus
This year Accenture wants to narrow the gender gap in fintech
ASB invests in NZ blockchain start-up TradeWindow
It’s one of the first technology companies to receive direct funding from a NZ Bank.
Banking platform for freelancers Joust raises $2.6m
The neobank allows workers to get paid faster.
Envestnet’s CEO admits lawsuit sets them back
The $100m lawsuit has significantly disrupted “several clients and prospects”.
Sherpa Technologies partners with fintechs to help credit unions
Application open on 15 August.
PayPal helps entrepreneurs with MetLife and Village Capital
The alliance will reach out to more than 100 fintech health entrepreneurs.
Beynd scores $2m seed round
The company uses its own software to onboard its customers.
Tesla-fy your bank
Will banks ever truly reinvent banking?
First-time homebuyer platform Morty raises $8.5m
The funding was led by New York-based investor Prudence Holdings.
Robinhood gets greenlight from FCA to launch trading app in UK
The 2013-founded Silicon Valley start-up offers a cheaper way to buy and sell US stocks and shares.
Piggy bank start-up ERNIT sells up
One source says the company is trying to see what the market appetite is for a solution like theirs.
Deutsche Bank creates digital bank Fyrst
Currently the project is suspended by the former subsidiary Postbank.
Standard Chartered Bank launches Shanghai eXellerator lab
It will tap into China’s advances in artificial intelligence, biometrics and mobile payments.
Three lessons traditional banks can learn from their younger siblings
Teamwork, transparency and creating a competitive culture is key.
Indonesia shuts down 826 illegal fintechs in 2019
The regulator began a crackdown last year.
Judo bank breaks Aussie record with $400m round
90% of previous investors took part in the second funding round.
Big banks are driving fintech to the mainstream
And it’s happening faster than you think!
Open banking law to boost fintech competition
It aims to shake up competition for consumers and boost start-ups against the big banks.
Nationwide to open innovation centre in London
The London facility will accommodate around 1,000 workers.
Challenger banks in South Africa: who’s who and what’s their tech
A comprehensive list of South African challenger banks and banking services and the tech they are using.
Ask the expert: your questions on growing the business answered
My company is undergoing hypergrowth. How can I create a culture for business success?
Is the next fintech unicorn being built by ex-bankers in Poland?
Three Polish ex-bankers are building their own challenger banks in Poland right now, as you’re reading this.
Spotlight: the Russian e-commerce cross-border market
Finding a niche for a foreign merchant in Russia.
Lithuania seeks to attract more fintech firms
Thought leaders in Vilnius wish to increase their C-suite intake.
New challenger revverbank picks Fusion for core banking capabilities
The proposition will be underpinned by Microsoft’s Azure platform.
The financial services talent war is fierce: here’s how to draft in the millennials
People at all levels should be given the opportunity and tools to understand themselves at their best.
Aditya Birla Group closes its banking business
The decision comes after only two years of its live operations.
Floatbot creates chatbot for Andhra Bank
The start-up hopes to set an AI trend for Indian banks.
N26 extends Series D funding to $470m
The company is now valued at $3.5bn
Mastercard chooses Infinicept for start-up programme
The firm created Payment Facilitator in a Box.
Ask the expert: your questions on growing the business answered
What are the main reasons fintechs fail, and how can I avoid them?
