FinTech Futures: Top five news stories of the week – 13 September 2024
Our pick of the top fintech news stories this week includes UniCredit, Westpac, Mastercard and more.
Tax
News, intelligence and resources on the global fintech industry including topics such as tax.
The Bank of London bags £42m funding round after reportedly being hit with HMRC winding-up petition
HMRC issues winding-up petitions when a company can’t pay its debts.
Lettuce Financial bags $15m Series A led by Zeev Ventures
The new funding builds on Lettuce’s $6 million seed round in March, also led by Zeev Ventures.
India’s Vayana secures $20.5m in Series D funding
The funds will be used to enhance Vayana’s risk management and compliance platforms.
Stripe buys US paytech start-up Lemon Squeezy
Lemon Squeezy has been processing payments on Stripe since its launch in 2021.
US Federal Reserve fines digital bank Green Dot $44 million over “unfair and deceptive practices”
Green Dot has been anticipating the arrival of the consent order since February.
April names former Avantax exec Raj Doshi as new president and COO
Over his more than 20-year career, Doshi has also held leadership positions at Updater and Google.
Germany’s Taxfix Group secures UK market entry with TaxScouts acquisition
Launched in 2018, the TaxScouts platform connects self assessment tax filers with a network of accredited accountants.
June 2024: Top five AI stories of the month
FinTech Futures takes a look back at five of the top AI stories from June.
FinTech Futures: Top five news stories of the week – 14 June 2024
Our pick of the top fintech news stories this week includes Starling Bank, Mastercard, Bink and more.
Pennsylvania’s Vertex purchases AI tax capabilities from Ryan
Vertex claims the deal will enhance its “AI innovation strategy”.
HSBC UK partners accounting software provider Ember for My Business Finances tool
The tool aims to help small businesses comply with the UK’s upcoming Making Tax Digital initiative.
ICYMI fintech funding round-up: Theia Insights, Lettuce, StackOne, Synnax and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Finnish fintech Aibidia names Matthias Grabellus as new chief product officer
Aibidia says Grabellus will be tasked with globalising its product suite for cross-border business management.
European Commission takes aim at VAT fraud with CESOP
Data transmission to the new CESOP database will start from 1 April.
ICYMI fintech funding round-up: Kiwi, ID Finance, Crezco and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Private investment management platform Arch raises $20m Series A
The latest cash injection brings Arch’s total funding to date to over $25 million.
AI fintech start-up Black Ore launches from stealth with $60m funding
Founded in 2022 and based in Texas, Black Ore offers an AI automation platform for financial services businesses.
Chase Payment Solutions enlists Gusto Embedded for payroll services
Gusto says its solution allows Chase’s payroll processing to become “significantly simplified”.
FinTech Futures: Top five stories of the week – 11 August 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Italy’s government to tax banks on profits from interest rate rises
The Italian parliament has 60 days to bring the proposed tax into law.
US fintech Rocket Companies appoints Varun Krishna as new CEO
Rocket Companies also revealed that president and COO Bob Walters is to retire after 27 years with the firm.
Collective raises $50m to deliver “financial peace of mind” for freelancers
With the new funding, Collective plans to accelerate AI deployment across its operations and add new features.
FinTech Futures: Top five stories of the week – 2 June 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Banque Richelieu Monaco picks ERI’s Olympic Banking System
The project will be delivered as a Software-as-a-Service (SaaS), ERI says.
German mobile tax app Taxfix cuts 120 jobs in restructuring effort
The cuts amount to around 20% of the start-up’s total workforce, according to TechCrunch.
Paddle founder Christian Owens steps down as CEO
Owens, who led the firm for 11 years, has been replaced by COO Jimmy Fitzgerald.
FinTech Futures: Top five stories of the week – 10 March 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Payroll and benefits start-up Catch shutting down
Accounts will be closed on 6 April 2023, with customers instructed to withdraw all funds before that deadline.
Riyad Bank taps SunTec for e-invoicing integration with Saudi tax office
The integration allows banks to share standardised e-invoices with Saudi tax office Fatoora.
US fintech funding round-up: Wink, Blip, Upwardli and Inkle
A handy round-up of the recent funding endeavours of fintech companies across the US.
New Zealand accounting fintech Hnry bags $24.5m in Series B funding
Hnry provides invoicing, tax, insurance and compliance services to self-employed contractors and freelancers.
Why 2023 is time for us to tackle financial crime properly
The impact of financial crime continues to be severe, but 2023 could be a breakthrough year.
UK fintech funding round-up: Bondaval, Etrading Software and Taxd
Our weekly round-up to help you get funding news of fintech companies, this time from the UK.
Singapore’s Osome raises $25m in Series B funding
The start-up uses machine learning to help businesses automate accounting, payroll and tax reporting.
Europe fintech funding round-up: Claimer, Freetrade, InvestSuite, Ruleguard
A handy round-up of the recent funding endeavours of fintech companies across UK and Europe
ICYMI fintech funding round-up: Farther, BankiFi, Highbeam and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
UN calls for comprehensive crypto regulation in developing countries
The organisation says crypto can “jeopardise the monetary sovereignty of countries”.
FinTech Futures: Top five stories of the week – 12 August 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Tax automation fintech Avalara snapped up by Vista for $8.4bn
Vista Equity Partners will acquire all outstanding shares of Avalara for $93.50 per share.
