Fintech funding deals globally 18 October – 24 October 2021
Featuring N26, Deel, FTX, Zopa and Brex.
BankingTech
M1 Finance CEO buys First National Bank of Buhl
Brian Barnes plans to turn community bank into BaaS provider.
Arival Bank lands banking licence in Puerto Rico
Arival plans to provide services to international software firms and underbanked businesses.
What it takes to fight financial crime with AI
AI can play a strong part in combating fraud, but firms need to have the right groundwork in place.
Neobank FIBR launches to support European SMEs via local lenders
The BaaS firm aims to support post-pandemic growth through nurturing SMEs.
UK neobank Zopa raises $300m to fuel next phase of growth
The lending-focused challenger secured a UK banking licence last year.
Perfinal launches as new core banking vendor on the block in Europe
Hungary-based vendor promises to fully automate processes for clients.
BNPL: The now and the later
How can the BNPL industry do more to protect consumers and help the world we live in?
ServiceNow & Accenture white paper: How digitisation is driving bank M&A and improving performance
Find out how digitising operations can bring enormous efficiencies.
HSBC launches new BaaS offering with NetSuite
Major bank plans more BaaS services, including a new digital wallet.
Oracle partners Nano to utilise proprietary onboarding tech
Aussie digital lender will deploy its system to Oracle partners.
Swedish neobank Juni raises $52m in Series A extension to launch credit product
New product will give internet-first businesses access to short-term credit.
The law of unintended consequences
I’ve been spending a lot of time thinking about programmable money. And this stuff scares me.
Research paper: Transforming the banking experience through digital growth
Learn how to transform the customer experience and the risks associated with doing so.
Industry outlook report: Joining the great race
How financial institutions are transforming operations to secure their place in the future of the banking ecosystem.
N26 raises $900m in new funding to reach $9bn valuation
German neobank’s value eclipses the market capitalisation of Germany’s second-largest bank.
Citi picks Capital One’s Naveed Anwar for digital head of TTS
The Capital One man is an industry veteran of 20 years across PayPal, eBay and AOL.
Asia Digital Bank partners Bianjie for blockchain-powered digital banking
The bank’s new digital infrastructure is designed to bridge the gap between centralised and decentralised finance.
Embedded finance platform Alviere lands $70m in funding
New York-based fintech start-up raised the cash across two funding rounds.
Collaboration and the reinvention of banking and financial services
Banks and FIs should look to enable innovation through collaboration with the larger financial ecosystem.
Brazilian core banking firm Pismo lands $108m Series B from Amazon, SoftBank
Pismo plans to break into the US, Europe, and Asia in the coming years.
Accelerating financial inclusion in the era of digitisation
Finnovex West Africa takes place virtually between 26-27 October 2021.
Pedro Sousa Cardoso returns to Emirates NBD as new chief digital officer
Cardoso joins from Standard Chartered, where he worked as a senior managing director.
Danish neobank Lunar acquires payments platform Paylike
Lunar founder and CEO Ken Villum Klausen says payments will be “at the forefront of our next growth phase”.
Goldman Sachs gets green light for total ownership of Chinese venture
Goldman becomes the second US bank to buy out its Chinese mainland joint venture partner.
2022: What’s on the cards for London’s fintech scene?
What lies ahead for the UK fintech sector in the new year and beyond?
India’s M2P Fintech plots expansion following $35m raise
CEO says firm will also “double down” on growth in India and Dubai.
FCA staff seek independent union following pay dispute
Trade union Unite says its numbers have swelled following “growing disenchantment” from FCA staff.
Monese appoints Revolut and JP Morgan veterans to leadership roles
Steve Tryner joins as CFO and fintech veteran Stephen Chang joins as VP of operations.
Worker’s Credit Union picks Fusion Phoenix for new core system
The Massachusetts-based firm is also taking a handful of ancillary Finastra systems.
CBI: Collaborative open finance ecosystems for a market success story
80% of the Italian banking market (around 300 PSPs) has adopted CBI Globe to meet the requirements of the PSD2.
Sibos 2021: Mark Carney urges collective action on climate change
Former governor of the Bank of England gave an optimistic closing keynote at Sibos 2021.
Sibos 2021: Banks must work together to make the most of CBDCs, says panel
Panel says interoperability of CBDCs is necessary to avoid inefficiencies and poor outcomes.
Airbank picks Yapily to launch major bank API connections
Open banking infrastructure firm to help German cash management company connect users’ accounts.
Sibos 2021: Banking beyond Covid-19
Covid has changed the world, and now we have to pick up the pieces and deal with the aftermath.
Sibos 2021: Minna Technologies – making subscriptions management easy
Minna’s 2022 strategy includes expansion into the US and Australia.
BaaS platform Productfy raises $16m and forms card issuance partnership
Productfy provides companies with embeddable modules for payments, deposits, and card issuance.
Sibos 2021: BIAN releases upgraded digital core banking platform
The Coreless Bank platform is designed to help firms modernise their core banking infrastructure.
Sibos 2021: Connecting with customers is key to digital transformation
Banks should adopt a client-centred approach to their services to forge a deeper relationship with customers.
New UK fintech Finova launches following BEP Systems acquisition
BEP will make up part of new banking solution provider formed by Norland Capital.
