2022: A tipping point for fintech
2022 is set to be a blockbuster year for fintech, with a number of key themes driving the industry’s growth.
FinTech
Significant shifts in consumer behaviour create unique opportunities for Nordic merchants
With the steady decline of cash in the Nordics, it is increasingly vital for businesses to provide digital payment options.
FinTech Futures Jobs: Six reasons to change your career in 2022
Here are six reasons why you may wish to transform your career in 2022.
NEAR Foundation hires fintech veteran Marieke Flament as CEO
Flament leaves her role as CEO of digital banking app Mettle by NatWest to join the Swiss foundation.
ICYMI funding round-up: pliant, CreditBook, CIRCA5000, and LiveFlow
Our weekly ‘In Case You Missed It’ funding round-up for you to get the latest funding news.
German fintech re:cap secures $111.5m seed round to launch financing platform
Funding is made up of a combination of growth capital and liquidity for its revenue-based financing platform.
Igor Kuschnir steps down as MD and CFO of Penta
Kuschnir joined Penta in 2017 following stints at Franzen and Company, Citi and Morgan Stanley.
Vietnamese fintech MoMo raises $200m in Series E round
MoMo says it will use the cash to expand the suite of financial products available on its ‘super-app’.
ING announces exit from French retail banking market
The firm has been active in the French retail banking market since 2000.
New Jersey’s Manasquan Bank taps Bakkt for crypto services
The bank will take part in Bakkt’s “early adopter program”, set to launch in Q2 2022.
The (deliciously delayed) pernicious effects of “managing up”
Don’t manage up. Don’t treat your trench buddies like they’re expendable. Be a good colleague at all times.
MODIFI secures $145m in debt financing to boost SME trade support
“2021 has been a challenging year for SMEs,” says MODIFI CEO.
European tax compliance platform Taxdoo lands $64m in Series B funding
Brexit and VAT reform in the EU made 2021 an “eventful year”, says Taxdoo CEO.
MoneyLion acquires embedded finance marketplace Even Financial for $440m
The acquision is expected to add $90m of revenue for MoneyLion.
British Business Bank backs SME-focused lender Simply with £300m funding line boost
Simply has provided £650 million worth of support to businesses since it was founded in April 2017.
Can open banking make BNPL more sustainable?
Could open banking be the missing piece to help BNPL mature into its next phase?
Digital asset infrastructure provider Anchorage raises $350m in Series D round
The round, led by global investment firm KKR, values Anchorage at over $3 billion.
Canada’s BMO acquires Bank of the West from BNP Paribas in $16.3bn deal
BMO describes the acquisition as the “natural next step” in its North American growth strategy.
Challenger banking player Monese makes its first acquisition
Monese has acquired Trezeo, a specialist financial services platform for the self-employed.
Indian paytech Razorpay raises $375m, plans international expansion
Razorpay’s Series F funding round now values the firm at $7.5 billion.
Brazilian payments platform Ebanx acquires remittance start-up Remessa Online for $229m
The deal comes less than two months after the firm picked up B2B fintech Juno to drive expansion.
Unlocking the digital potential of financial services through predictive analytics
Integrating the best of human and machine intelligence allows organisations to be better prepared.
Citi spin-out Proxymity raises $31m in Series B funding round
Proxymity says it has delivered significant growth since launch in April 2020.
Fintech start-up Papaya lands $50m Series B round to simplify bill payments
New cash injection takes the firm’s total capital raised to date to around $65 million.
Fintechs are from Venus, banks are from Mars – and VCs can be the matchmaker
Despite belonging to the same universe, the differences between fintechs and banks can at times seem vast.
Dear Luc: What fintech trends should I prepare to see in 2022?
Four trends that FinTech Futures’ Agony Uncle predicts will occur in 2022.
Video: fintech news pick of the week – NatWest, Tyme & Uni
Our top pick of news from the world of finance and tech in bitesize video format, every week.
FinTech Futures Jobs: Three great jobs to apply for before Christmas
Exciting open vacancies at Seedrs, Monzo and Klarna. Apply today!
ICYMI funding round-up: Novus, Bumper, topi, Toucan, & Raison
With the fast-paced nature of the fintech world, it’s easy to let announcements slip by from time to time.
Crypto infrastructure start-up Ramp raises $52.7m in Series A round
Ramp will use the cash to drive expansion and further product development.
Carbon as a currency
Linking currency to carbon could open the door to a better and more sustainable economy.
Report: Safety in numbers – levelling the playing field for green finance
Turning up the volume on green finance – read & download the full report for free.
Global paytech PPRO hires e-commerce tech veteran Bernie Miles as CTO
Miles will lead a global team based across Europe, South America and Asia.
Indian BNPL start-up Uni raises $70m in Series A funding round
“BNPL is growing at a breakneck speed in India,” says CEO Nitin Gupta.
Andrew Greiner joins Janover Ventures as CTO
Greiner joins from Bankers Healthcare Group, where he spent just under two years as VP of enterprise architecture.
But I don’t like strawberries
You shouldn’t always accept the premise of a question. Especially if it’s evidently not itself premised on fact.
Zopa shutters P2P retail investment business to focus on banking offering
Zopa CEO says erosion of consumer trust and regulatory burdens are to blame.
Ameris Bank adds to lending portfolio with Balboa Capital acquisition
Ameris Bank resources will allow Balboa to expand its offering, says Balboa CEO.
Fintech start-up DiviPay plans international expansion following $20m Series A round
The new funds will also be used for further product development and to hire more staff.
Mexican fintech Clara hits unicorn status with $70m Series B round
The new cash will fund the start-up’s expansion into Brazil.
