SoftBank pours $250 million into banking tech start-up Zeta
This Series C investment values the banking tech vendor Zeta at $1.45 billion.
FinTech
Barclays hires Standard Chartered’s Demery to support fintech clients
Demery takes over fintech partnerships in Europe, the Middle East and Africa.
Freedom of choice to build your dream bank
Digital core is not just a survival kit, it’s a silver bullet to help banks to compete and win.
Video: Infosys Finacle on adapting to business model innovation
We talk about how traditional banking models have become disrupted, and how consumer demands need new experiences
ProducePay raises $43million, searches for “rockstar” CTO
The start-up aims to disrupt the “opaque, fragmented, and dominated by manual processes” fresh produce market.
DailyPay raises $500 million of capital “to transform the financial system”
$175 million came from its Series D equity round and $325 million was credit capital from various sources.
Trade Republic plots European expansion with $900m Series C fundraise
German trading app aims for a roll-out across the euro zone.
LINE BK is “an elevation for the financial industry”, says CEO
“In today’s digital world, we are stepping towards a so-called singularity era.”
Fintech funding deals globally 17-23 May 2021
Featuring Trade Republic, Pine Labs, Figure, DailyPay, and Sunbit.
Webinar: AI – the future of content management in financial services
Learn hows, whys, and wherefores when it comes to the effective deployment of AI in your organisation.
UK payments industry reacts to second SCA deadline extension
Many firms are still unhappy with “the disruption” SCA is presenting.
Figure Technologies raises $200 million to reach $3.2 billion valuation
Figure uses Provenance, a public, open source, permissionless, decentralised blockchain.
Core banking systems: the future is cloudy
A deep dive into what the new generation of core banking systems (CBS) has to offer.
Video: pick of the week – UK regulators not happy with some fintechs and AmEx
A top pick of stories from the world of finance and tech in bitesize video format, twice a week.
Video: Top fintech stories this week – 20 May 2021
The FinTech Futures weekly round-up of the industry’s top stories and happenings from across the globe.
What the Fintech? | S.2 Episode 11 | Introducing inclusivity
James Herbert, founder and CEO of Hastee, joins us on this latest episode of the What the Fintech? podcast.
ICYMI funding round-up: OptioPay, Payslip, Mamo, Telda, StudentFinance, Algbra
An ‘In Case You Missed It’ (ICYMI) list of funding picks.
Vodacom launches “super app” in South Africa with Alibaba’s help
“We see this super-app as a precursor to M-Pesa’s evolution,” says CEO.
CleverCards to gain EMI licence via M&A, raises Facebook exec-led €10m round
Gareth Lambe, head of Facebook Ireland, has invested in CleverCards.
Baking in the right values from the start
Stick to your values and beliefs and do the right thing by both your people and your client.
BukuKas raises $50m Series B just four months after Series A
BukuKas’ CEO Krishnan Menon previously worked at Alibaba-owned Lazada Indonesia.
Wintersmith
A lot of businesses & software projects aim to be Disney princesses but end up as “a bit of a Frankenstein”.
Bitcoin tumbles below $37,000 following Chinese ban on crypto services
Chinese financial firms can’t offer clients products involving cryptocurrency.
Safaricom mulls M-Pesa partnership with Amazon
A wider partnership with Amazon “is important”, says CEO.
Amount raises $99m Series D to reach unicorn status
US fintech counts HSBC, TD Bank, and Barclays among its customers.
Tink acquires German open banking provider FinTecSystems
Founded in 2014, FTS has grown to 67 employees.
Navigating a cyber-normal world
We live in a world where simply clicking on a link means ‘game over’.
Why EU regulators are pushing for more explainable AI
The EU regulators are seeking to mitigate undesirable outcomes and risks arising from AI-generated decisions.
What is SDR and how is its value calculated?
The Special Drawing Rights (SDR) is an international unit of account created by the International Monetary Fund.
Planning your payments for infrastructure modernisation
Preparing to modernise your payments infrastructure is similar to building a travel itinerary for a trip.
Executive checklist: Hybrid cloud infrastructure for payments
Questions to consider as you evaluate a hybrid cloud implementation.
Core banking vendor Temenos integrates with digital asset fintech Taurus
“Digital assets represent new opportunities for banks”.
Goldman Sachs plans UK app launch, robo-adviser for 2022
the UK makes up just under a third of Marcus’ $100 billion deposit total globally.
ETX acquirer Guru Capital snaps up fintech start-up Oval Money
Launched in 2017, Oval’s mobile app claims more than 100,000 “active” users.
Fintech funding deals globally 10-16 May 2021
Featuring Gojek, Ethos, CloudWalk, Yuanbao, and Athena.
UK government should confirm that NFTs are “works of art”
The UK’s legal and regulatory framework has lagged behind in the rapidly moving NFT area.
Video: pick of the week – Bahrain to pilot digital currency; Facebook shifts crypto venture to US
A top pick of stories from the world of finance and tech in bitesize video format, twice a week.
Cedar co-founder: Our biggest competition is status quo and inertia
Cedar acquired San Francisco-based OODA Health for $425 million last week.
FE fundinfo acquires cashflow planner CashCalc
“Cashflow planning is a key component of an adviser’s process”.
Pockit customer forced to send bailiffs in battle for locked funds and rent money
Pockit owes the customer a total of £352.
