ICYMI funding round-up: FinBox, CalTier, Helicap, and Anfin
Our weekly fintech round-up for you to get the latest funding news from around the world.
FinTech
Europe funding round-up: Bits of Stock, Formance, Aveni, and Datia
A handy round-up of the recent funding endeavours of fintech companies across Europe.
What the Actual Crypto is going on?
Out of this crash will come stable businesses that genuinely add value to people.
Sustainability data platform ESG Book raises $35m Series B
The new capital will be used to scale the company and further develop ESG Book’s technology capabilities.
B2B BNPL fintech Playter lands $55m funding round
The round was led by Adit Venture Capital and Fasanara Capital.
Is standardisation the secret weapon against trade finance fraud?
How lenders can leverage technology to mitigate duplicate trade fraud.
Vietnamese fintech Finhay raises $25m in Series B round
Finhay says it will use the money to scale its business and recruit new talent.
KPMG and Microsoft partner to deliver cloud-based tax technologies
KPMG says its Digital Gateway platform, in collaboration with Microsoft, is “built with the C-suite in mind”.
Stashfin lands $270m in Series C funding to expand in Asia
Stashfin says it will use the new money to expand its footprint across South and Southeast Asia.
Mode Eleven selects Finzly’s payment core for BaaS platform
Finzly says its tech will give Mode Eleven “full control over its payment processes”.
What my aunt can teach you about decision-making
Here are the three things, the only three things, you need as a decision-maker in life and business.
Ghana’s Fido raises $30m Series A to broaden financial inclusion in Africa
Fido has now raised $38m to date and intends to use the fresh capital to launch new financial products in Ghana.
GoCardless rolls out two open banking solutions in Germany
GoCardless says: “Open banking is growing rapidly, with 64 million active users projected in Europe by 2024.”
Brex to stop serving “traditional” small businesses
Small businesses using Brex have until August 15 to move their funds.
RBC partners Plaid to offer API-led connectivity with fintech services
The data access agreement will remove the need for credential sharing, enhancing security and privacy.
State of play: Money 20/20 Europe
Fintech analyst Philip Benton recaps key themes and trends at Money 20/20 Europe.
Starting small: how Nearside is trying to help create a more inclusive economy
With this rise in new small businesses comes a need for new banking services catered to these new entrepreneurs.
Account freezing orders: the FCA flexes its regulatory muscle
What are account freezing orders and what should fintechs take away from recent action by the FCA?
FinTech Futures Jobs: Five interview questions to ask to determine a company’s culture
Five questions to build a cultural profile of your new workplace before taking the job.
What the FinTech? | S.3 Episode 9 | Smart applications for AI and ML
We are joined by Jethro MacDonald, product manager, artificial intelligence and machine learning at SmartStream.
Gen Z financial assistant app Cleo raises $80m at $500m valuation
Cleo will use the funds to shore up and expand its services as a global economic winter begins to bite.
Making the most of Banking-as-a-Service
Banks that are expressing keen interest in the BaaS model must implement and scale it with alacrity.
BNPL regulation by UK gov set to “protect millions”
Lenders offering BNPL services will need to be approved by the Financial Conduct Authority (FCA).
The Bank of London invests in Belfast and creates over 200 new jobs
The Bank of London says it is making a “multi-million pound” investment in Belfast.
Qatar National Bank launches open banking platform for fintechs
QNB says its open banking APIs could transform the fintech landscape in Qatar.
Why I do want to use crypto to buy my pizza
I predict that in the medium term, we will begin to consider crypto a safe and reliable form of tender.
US fintech Wahed Invest to receive $50m in Series B funding
The Series B round will support the start-up’s plans to launch an ethical neobank.
Denmark’s Mazepay receives pan-European payments license to streamline B2B purchases
The license will enable Mazepay to handle transactions on behalf of companies.
Coping with the cost of living: how open banking can build financial resilience
We need to see a significant step-change in open banking regulation to cushion the blow of inflation.
FinTech Futures: Top five stories of the week – 17 June 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Revolut teams up with Salesforce to help grow business
Revolut says it will make use of Salesforce technology to power Revolut Business operations.
Fintech for migrants Rewire acquires prepaid card provider Imagen
Imagen is Rewire’s first acquisition and will enable it to provide prepaid debit cards in Israel.
Banking start-up Fiinu to launch plug-in overdraft, list on LSE
Fiinu is set to be acquired by media company Immedia for approximately £37.5 million.
Fintech Zytara partners deadmau5 to create branded banking solution
deadmau5 will join Zytara’s advisory board “to help enhance the creative direction for Zytara moving forward”.
German fintech Upvest raises $42m in Series B round
Upvest says the funds will be used towards building out its investment API, expansion plans and hiring talent.
New banking app Chippit launches in beta in Australia
Founded in May this year, Chippit calls itself a “social banking app”.
ICYMI fintech funding round-up: CapIntel, Clausematch, Swoop & more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
NatWest, Citi, Barclays trial Finteum intraday FX swap and repo platform
Given the rising interest rate environment, liquidity optimisation is a high priority, Finteum says.
Euronext migrates core data centre from UK to Italy
The move has been a strategic decision made in response to multiple factors including Brexit.
Finzly celebrates ten years of providing innovative solutions to banks
Finzly’s user conference discussed trending topics and bank innovation outside the legacy core.
