FinTech Futures Jobs: Three really great jobs to take a look at this week
Exciting vacancies at Plum, Viber and BNY Mellon. Apply today!
FinTech
ICYMI funding round-up: Credit Fair, Plooto, Xclaim, Weavr & more
Another batch of funding rounds that might have flown under your radar.
OKCoin partners Worldpay to expand global merchant acquiring
Cryptocurrency exchange wanted “a proven and experienced partner”.
Dear Luc: What’s the deal with embedded finance?
This week someone writes in to ask: how can I get on the embedded finance bandwagon?
FTX Trading hits $18bn valuation with $900m Series B round
The Series B is one of the largest ever funding rounds for a crypto exchange.
Open banking myths
We are still at the start of the journey with open banking and have yet to see its full potential.
Soldo secures $180m Series C funding round
Soldo says the round is a European record for the spend management category.
Visa to acquire Currencycloud in deal valued at £700m
Payments giant seeks to strengthen its foreign exchange business.
British Business Bank launches £375m scheme for tech start-ups
The Future Fund: Breakthrough scheme follows on from its now-closed predecessor.
Open banking fintech Yapily lands $51m Series B funding
The funding takes its total raised to $69 million.
The time before things happen
Imagining and creating things is hard, but you don’t have to do it all yourself.
Robinhood plans $35bn IPO as crypto arm predicts $30m probe settlement
Retail trading app expects to sell shares between $38 and $42.
Video: fintech news pick of the week – Paytm, M1 Finance and US open banking reform
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Former EU commissioner joins fintech start-up W1tty ahead of planned launch
W1tty’s finance app is set to launch in Poland and Lithuania this autumn.
FinTech Futures Jobs: Three fintech jobs you need to check out this week
Exciting vacancies at Grant Thornton, Deloitte and BNY Mellon. Apply today!
Former CBA chief digital officer launches mortgage fintech True Savings
The platform claims to take “less than a minute” to search for home loan options.
Cardless raises $40m in Series B funding
Cardless has now raised $50 million in total funding.
New banking service Dion.Money plans August launch in the UK
Fledgling challenger to run paid-for accounts and offer “personalised” service.
Duco secures Nordic Capital investment to fuel expansion plans
The private equity firm will acquire a majority shareholding in the company.
How COVID-19 has accelerated the use of digital banking solutions in Africa
The past year has seen a clear trend towards the adoption and acceleration of digital banking products.
Fintech funding deals globally 12 July – 18 July 2021
Featuring insightsoftware, Revolut, Lunar, Quantexa, and M1 Finance.
Finnovex Southern Africa – 27th and 28th July 2021
The event, being organised by Exibex, will be held virtually.
Discover targets BNPL offering with $30m Sezzle investment
The firm plans to launch a BNPL network solution on the Discover Global Network.
UK-listed fintech investor Augmentum raises £55m in latest funding round
The company’s third funding round since its 2018 listing exceeded its original £40m target.
Data extraction start-up Daloopa lands $20m investment led by Credit Suisse
The firm has now raised around $24 million in total.
Classic product placement has had its day
Product placement is easily recognised by the customer and viewed negatively.
AI and machine learning spearheading rapid change in data reconciliations
The industry is moving towards Reconciliations-as-a-Service, says SmartStream’s Robin Hasson.
Video: fintech news pick of the week – Revolut, Lunar and the UK fintech sector
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
M1 Finance secures $150m in SoftBank-led funding round
The firm claims the investment now takes its total valuation to $1.45 billion.
White House backs US open banking reform
The Biden Administration is looking to tackle the slow progress of open banking in the US.
ID verification firm Trulioo announces four new payments partnerships
The company has partnered PayDo, Pollen Technologies, Sokin and XanderPay.
What the hell happened to help?
Banks could do more to provide financial education, guidance and advice to customers.
Revolut hits $33bn valuation with $800m Series E investment
The round was led by SoftBank’s Vision Fund 2 and Tiger Global.
Record £180m worth of crypto seized by Met Police in money laundering probe
The operation follows the seizure of £114 million worth of crypto in June.
State of play: digital banking platforms
Selecting the right digital banking platform is a lengthy process that requires careful consideration.
This is not a drill
Make sure you don’t write yourself out of your own story, as life happens.
Report: The State of Data Reconciliation
Data from 300+ heads of global reconciliation utilities, COOs, heads of financial control and transformation.
White paper: The Reconciliation Maturity Model: Part 2 – onboarding and configuration
These tools will empower firms to fully automate reconciliation within five years.
White paper: The Reconciliation Maturity Model: Part 1 – from manual to machine learning
A blueprint for consolidating, automating and driving efficiency across reconciliations – and beyond.
UK fintech sector enjoys record-breaking year for investments
H1 2021 saw $5.7bn raised across 317 deals by UK firms.
