Santander launches Prosper open banking-powered PFM app
Roll-out of Prosper has already started in Denmark.
FinTech
Ripple snaps up 40% stake in Asian cross-border payments firm Tranglo
Tranglo’s global network spans more than 100 countries.
Dear Luc: What marketing pitfalls should I avoid?
Some fintechs are getting caught out by the regulators when using terms like “banking”.
Tide thinks bank data fees could speed up the UK’s open banking adoption
The sector has long felt divided over the progress of open banking adoption.
Revolut withholds $90,000 from investment manager with “no real response” for months
An investment manager’s battle to receive his $90,000.
UiPath files for IPO weeks after landing $35bn valuation
The fintech estimates a $60 billion addressable market for RPA.
UK gold wallet Glint goes crowdfunding with £6m “hard cap”
The start-up is raising to fuel its “growth phase”.
Jakarta wealthtech Pluang raises $20m in pre-Series B funding
Pluang wants to extend investment to poorer households in Indonesia.
Visa pilots US stablecoin with Crypto.com to settle transactions
Other incumbents have moved to support cryptocurrency too.
Pilot lands unicorn valuation from boosted Series C round
Pilot has landed a $1.2 billion valuation.
Does the key to financial inclusion sit in a digital money savings pot?
Fintechs should be looking to develop products that promote healthy and sustainable financial habits.
Fintech funding deals globally 22-28 March 2021
Featuring Dataminr, Blockchain, Feedzai, Jumio, and Pie Insurance.
Firms expect to fully automate reconciliation within five years – here’s how
Firms no longer have to struggle with the pain points brought about by manual processes or legacy technology.
Webinar: Preparing for open finance – the next step in the open banking journey
How to successfully position your firm in this new era of innovation.
Digital challenger Minna Bank to launch in Japan by May
Minna will offer both consumer-facing and white labelled products.
Stilt prepares to offer US immigrants banking products and a credit history
The firm recently accrued a $100m debt facility from SVB.
SEC launches voluntary inquiry into US Spac craze
This year alone has birthed eight lawsuits against US Spac deals.
Spac led by ex-Commerzbank CEO trading on Amsterdam’s Euronext
The blank-check firm has already sold 41.5 million shares at €10 each.
High frequency trading and the data centre
It’s a win-win for this high volume, high risk business.
Video: Top fintech stories this week – 26 March 2021
FinTech Futures’ weekly news round-up.
ICYMI funding round-up: Meniga, Recharge.com, Hala, Zaver & more
Plenty of deals this week to be summarised by FinTech Futures.
Major US banks invest $40m in Black-owned challenger Greenwood
Backers include JP Morgan Chase, Citi, and Bank of America.
Aussie fintech Airwallex lands $2.6bn valuation with $100m raise
Airwallex is currently expanding into Asia, the UK, and – most recently – the US.
Feedzai lands $200 million in Series D funding to reach unicorn status
Risk management firm lands its largest round so far.
COVID-19 & the future of data discovery, access and integration
Operating and innovating with data in a COVID-19 world is much more challenging.
Breaking my addiction
I used my phone for so many things. How would I survive without it?
Seedrs abandons £140m Crowdcube merger after CMA block
The CMA said the deal would “reduce competition and innovation”.
Xero makes second acquisition in a month with Tickstar
Tickstar already serves Xero customers across Australia, New Zealand, and Singapore.
Identity fintech Prove acquires research firm Medici Global
“This acquisition allows us to offer expert advisory coverage”.
SoundCloud exec BianRosa joins N26 as new CPO
BianRosa will lead all product teams for the challenger globally.
Jumio raises $150m in private equity investment
Firm lands “largest funding round” of the digital identity space.
Non-fungible tokens: how do you regulate a non-conventional marketplace?
The scope and applications are vast, and there’s real potential in online gaming.
The Cambridge School and Curt’s jacket
Context matters. Context is everything.
Zopa raises £20m from internal funding round
The round was led by IAG Silverstripe and featured existing investors.
Research digitisation will be the next advantage in the financial markets
Banks are now turning to research digitisation to gain significant advantage and improve client service.
It’s a matter of comms | Episode 3 | ESG
This week’s #itsamatterofcomms vlog features Dave Wallace, founder of NMD+.
Webinar: Getting to market faster by outsourcing PCI compliance
Cost benefits, getting more value from data, protecting card data, and managing other sensitive data.
Revolut applies for US banking licence days after Canada exit
Revolut’s US operations are led by banking veteran Ron Oliviera.
Freetrade raising £50m Series B for European expansion
Customers have been waiting years for European expansion.
Indiana-based fintech Zoro Card builds credit through a debit card
The fintech focuses on those disproportionately affected by insufficient credit histories.
