Cyprus Securities and Exchange Commission launches fintech hub
CySEC will also look for regtech action.
Start-up
Monzo challenges Starling with joint account launch
Starling has had a head start.
Top fintech stories this week – 27 July 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
German digital platform WeVestor powers up
Berlin-based firm targeting entrepreneurial investors.
Credit Suisse unveils $261m fintech fund
Its NEXT Investors team will be looking for the next group of firms to invest in.
Jabbar unveils digital exchange Kambio Ventures
A blockchain-enabled marketplace for tokenised asset-backed securities.
FinLeap makes it nice and Beesy with Italian venture
Fintech company builder founds first firm in Italy.
Starling Bank takes on Monzo with daring debit card design
Horizontal cards are so 2017.
Flinks finds a fintech friend in ASAPP Online Solutions
Canadian start-ups team up for account and lending origination.
US personal finance app Even gets $40m funding
Second round of financing led by Khosla Ventures.
JLT buys saving and investment service Moola
UK-based JLT Employee Benefits looks to digital benefits.
EY buys into blockchain for an Elevated Consciousness
Buys US start-up’s crypto-asset accounting and tax functions.
Have a savings Blast with new gaming app
Another gaming company taking a piece of the fintech pie.
Banco Sabadell’s hub chasing innovation in Israel with €7.5m investment
InnoCells has invested in Cardumen Capital.
Italian robo-trading firm Fintech4i launches
4i – international, independent, institutional, investor-oriented.
Velocity accelerator calls for wealthtech start-ups
The programme will last six months and start in October.
BlackFin Capital’s fintech fund gets €180m
Says it is the largest independent fintech fund in Europe.
Bank of Asia finally launches in British Virgin Islands
Digital entity wants to tap into market for offshore companies.
IBM honing blockchain development and skills at Columbia University
When academia meets business.
Insurtech Digital Risks feeling brisk with £2.25m funding
Firm offers a monthly subscription model for start-ups.
UK challenger BankNorth preps for launch
Will target the crowded SME lending market.
US start-up Dough rises to student debt crisis challenge
Lendtech strives to help students understand what they owe.
Japanese post-pay outfit Paidy picks up $55m funding
Investment led by ITOCHU Corporation, with participation from Goldman Sachs.
Emma banking app sitting pretty with £450k funding
Round led by Kima Ventures.
Banking Technology Awards 2018: celebrating people that make things happen!
Taking place on 13 December in London.
Gold-as-currency enabler Glint goes for £15m funding
UK-based start-up wants to shine in US and Japan.
Turkey launches fintech task force
Wants to make nation a global hub.
Big boy problems: the challenger banks’ challenge
In the disruption era, disintermediation is the big boys’ loss for sure, but not necessarily the disruptors’ gain.
Eye in the sky: how drones can shape underwriting
Drones are hitting the mainstream – but how do they impact insurance?
Plum first chatbot to integrate Monzo and Starling
Users can link bank accounts without having to share login details.
Index Ventures unleashes $1.7bn fund
London-based company looking for action in US and Europe.
Alibaba’s Jack Ma teams with Ganesh Ventures for Indian start-up action
Ma’s new eWTP Ecosystem Fund brings a boost.
Versatile payments ring Xenxo passes $1m funding
India-based firm still looking for more money.
Investment app Moneybox gets £14m funding
Some handy change for UK-based spare change investment app.
Country spotlight: France – la vie en rose
The French fintech market is going full speed ahead.
Powering self-employment with fintech
Fintech is well placed to deliver innovative solutions to challenges that the mainstream industry has ignored.
Hong Kong digital bank Neat nabs tidy $2m funding
Will be used for new features, tools and recruitment.
Credit manager AsiaCollect picks up $4.5m funding
Investment round led by SIG Asia Investments.
Square no longer angling for US bank charter
Plans to apply later to the Federal Deposit Insurance Corp.
Banking Technology July/August 2018 issue out now
Deep minds. For fintech that matters.
