FCA tells banks to treat struggling small business borrowers fairly
The move comes as part of the regulator’s work in response to the increasing cost of living.
FinTech
Skilling initiatives pivotal for the growth of women nanopreneurs in rural India
Skilling initiatives can bring rural women in India into the financial system.
Case studies: How leading firms accelerated onboarding times by up to 79%
How three companies in the fintech, credit/payments, and healthcare spaces have used Prove’s Pre-Fill onboarding solution.
FinTech Futures Jobs: How to deal with rejection during the job hunt
The process of applying for a job is stressful and often exhausting – but don’t feel disheartened.
FinTech Futures: Top five stories of the week – 15 July 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
US fintech funding round-up: Finalis, Quiltt and Realfinity
A handy Friday funding round-up of US-based fintech start-ups: Finalis, Quiltt and Realfinity.
Europe fintech funding round-up: Quartr, ID-Pal, Oper and Fuell
Our weekly fintech round-up for you to get the latest funding news from around Europe.
Multi-currency investment platform Lightyear lands $25m Series A
The Series A will support the company’s expansion into 19 European markets.
UK fintech funding round-up: Griffin, Novatus, Zazuu and Plenitude
A handy round-up of the recent funding endeavours of fintech companies in the UK.
How Zolve is helping US immigrants land on their feet
Zolve helps immigrants accelerate their financial health through products that build wealth in the long run.
US crypto firm Celsius files for bankruptcy protection
Celsius has initiated voluntary Chapter 11 proceedings as it looks to restructure and “stabilise its business”.
Banking Technology Magazine July / August 2022 issue out now
Cover story: MAKING THE DREAM WORK – Helping Ukraine in a planet-friendly way.
Financial Stability Board outlines need for international crypto regulation
The FSB is calling for regulation of cryptoasset activities on an international level.
Neobank Kinly taps open finance fintech MX for data aggregation solutions
Kinly says it will leverage clean data and personalised financial alerts from MX to help Black American communities.
Coremont hires Akbar Sheriff as new global COO and partner
Sheriff joins Coremont from State Street, where he held multiple global and regional leadership roles.
A witch hunt after all
Championing diversity and inclusion should be everyone’s responsibility.
Mojaloop: the open source software powering payments for the unbanked
FinTech Futures chats with Kim Walters, who led the building of Mojaloop’s software from the ground up.
Morocco’s Attijariwafa Bank partners Thunes for cross-border payments
The partnership will enable “nearly 30 million” Moroccan bank account owners to receive remittances.
Digital asset management platform Safe raises $100m
Funds will enable the firm to grow an ecosystem of applications on top of its smart contract account protocol.
Crédit Agricole builds its own fintechs
Crédit Agricole launched a start-up studio, La Fabrique, to build its own fintechs and disrupt the sector.
Three things you probably didn’t know about Brazil’s growing fintech sector
Millions of Brazilians can now gain access to a financial system that traditionally excluded them.
India’s M2P Fintech snaps up cloud lending firm Finflux
M2P Fintech plans on rolling out lending products “that are secure, scalable and cloud-ready”.
Brazilian payments app PicPay to launch crypto exchange and stablecoin
PicPay sees crypto as a way to decentralise payments and other financial services.
Deuna lands $30m in Series A funding round
Deuna plans to use the funds to expand into Latin America, develop its product and hire new talent.
Creditas lands $50m Series F extension, acquires Andbank’s Brazilian banking licence
Firm hopes new licence will help diversify its sources of funding and grow its portfolio of credit products.
ING spins out digital post-trade market infrastructure tech to GMEX Group
GMEX intends to combine Pyctor with its MultiHub offering.
How to make your fintech a solutionary organisation and not a problem-solving one
Imagine the change you could cause simply by taking a solutionary approach to your fintech’s ESG policies.
Asia primed for embedded finance boom
E-commerce firms can use the embedded finance technology to modernise their financial processes.
Klarna lands $800m funding as valuation cut to $6.7bn from $45.6bn last year
The firm says it “has not been immune to the significant downdrafts of fintech stock in public markets”.
Less than two weeks until nomination deadline for Banking Tech Awards 2022
The deadline for nominations for the Banking Tech Awards 2022 is Friday 22 July.
Cross-border salary payments platform Kadmos nets €29m Series A
The new funds will be used to grow its 30-person team and for further product development.
What the FinTech? | S.3 Episode 10 | Making money work harder
In this episode of the podcast, we’re joined by Jay Swanston, chief platform officer at Moneybox.
FCA appoints six new directors as it embarks on “ambitious” new strategy
The appointments sit alongside the nearly 500 new staff hired this year.
Mambu partners Visa for end-to-end card issuing and processing
The company is developing an integration with Visa DPS.
Sid Jajodia appointed as Revolut’s new US CEO
Jajodia joined Revolut as chief banking officer in 2021 and will continue in this role alongside his new position.
Binance.US hires ex-PayPal exec Jasmine Lee as CFO as firm eyes IPO
Lee joins from micro-investing app Acorns, where she served as CFO and COO.
GoHenry acquires French fintech Pixpay to drive European expansion
Both firms will continue to operate under their own brands with no change in leadership or headcount.
FinTech Futures: Top five stories of the week – 8 July 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
US crypto firm Voyager Digital files for bankruptcy protection
The firm says it has “filed voluntary petitions for Chapter 11 protection to implement restructuring”.
FinTech Futures Jobs: Five reasons you might not be getting a job interview
Here are five strategies to follow to boost your chances of getting a job interview.
