TransferWise rebrands as Wise to push platform capabilities
It’s dropping the first part of its name in a bid to underpin its expansion as a platform player.
FinTech
Aviva breaks into cash savings market with help of German fintech Raisin
Savings accounts via partner banks offer interest rates of up to 0.64% AER.
The dawn of central bank digital currencies: will they take over the cash?
The ECB plans to announce whether it will launch the project in the middle of 2021.
Fintech funding deals globally 15-21 February 2021
Featuring Public, Webull, Blockchain, GoCardless, and Personetics.
Fintech funding round-up: SeedFi, Libeo, Ember and Finch Capital
A round-up of some of the recent investments in fintech, paytech and tax tech firms.
Oraan CEO: Women in finance weren’t welcomed in Pakistan
Oraan’s research found that savings – particularly for women – just wasn’t tapped into.
UK Black-owned challenger Atmen to launch in March
The start-up is now looking to raise £5 million from institutional investors.
B2B financial software marketplaces: the bridge to market transformation
B2B financial software marketplaces connect players across the breadth of an industry.
Video: Top fintech stories this week – 19 February 2021
FinTech Futures’ weekly news round-up.
ICYMI funding round-up: FlexxPay, Raqamyah, and JustUs
A trio of funding rounds that may have passed you by last week.
Newly licensed UK bank Cashplus is raising £50m
It intends to raise the funds from growth investment firms.
Stripe valuation rises to $115bn according to investors
The $115 billion figure is more than threefold its $36 billion valuation.
ANZ New Zealand inks open banking deal with Bud
The bank is adopting Bud’s aggregation and categorisation tech.
Low-code fintech OutSystems bags $9.5bn valuation in $150m raise
It claims to tackle the shortage of developers across 22 industries.
What the Fintech? | S.2 Episode 4 | TMRW never dies: digital banking in the ASEAN
Featuring Stuart Smith, head of regional engagement and UX design at UOB’s TMRW Digital Bank.
Norwegian web browser Opera launches fintech “Dify” in beta
Opera made two fintech-focused acquisitions last year.
Marqeta files for IPO with SEC targeting $10bn valuation
The fintech’s current valuation sits at $4.3 billion.
FinTech Futures presents Dock – a virtual roundtable experience
Take part in Dock on 18-19 May to discuss the industry’s pertinent problems and find the solutions.
Yolt Technology Services lands UK PSD2 licence
The fintech will no longer rely on ING’s licence.
One size fits all
Whatever your reasons for tolerating bad behaviour, that defines you. More than anything else.
Banking Tech Awards 2020 Winners Supplement out now
Showcasing the most impactful and innovative projects, products, services and people in fintech in 2020.
UK government unveils digital identity plans based on wallet tech
The government likens a digital identity wallet to a bank card authorising a payment.
Personetics raises $75m from Warburg Pincus
Data analytics and customer engagement firm plans expansion with new funding.
Neobank hopeful 11Onze to offer Catalans a non-Spanish alternative
The start-up intends to be a true representation of the country’s 7.6m population.
Aussie challenger Cape bags ex-Funding Circle CRO Rahul Pakrashi
Pakrashi says his wants “to get back” to his roots at Cape.
The US market: are EU-based challengers coming to rustle up some feathers?
A deep dive and step-by-step comparison of US banks’ and EU challengers’ capabilities.
UK challenger OakNorth faces £97m in defaults from ten borrowers
All but two are down to property development loans gone bad.
Robinhood backer Tiger Global leads $200m investment in rival Public.com
Public.com – as on 1 February – decided to stop making profits from payment for order flows.
MoneyLion set to go public via $2.9bn Spac deal
The fintech anticipates year-over-year growth of around 88%.
IKEA buys 49% stake in financial services partner Ikano Bank
Lending to IKEA shoppers accounted for about a quarter of the bank’s total business.
DirectID hires David Freeman as new COO
Key to his new responsibilities at DirectID will be the emergence of a new data science team.
Introducing “it’s a matter of comms”
Welcome to #itsamatterofcomms! A new bi-weekly vlog!
Reimagining the financial system with tokenised barter
Modern blockchain powered barter systems will change the way we view accessing, growing, and owning wealth.
Fintech funding deals globally 8-14 February 2021
Featuring Fraction, BharatPe, Agibank, Monzo, and Coinsquare.
Swiss start-up Valour recruits former HSBC exec Diana Biggs as CEO
Biggs began working in blockchain back in May 2015.
Monzo appoints Carol Kobuke Nelson as new US president and CEO
Nelson spent 23 years at Bank of America.
US core banking vendor Nymbus lands $53m top-up led by existing backer
Nymbus is gearing up to launch “Nymbus Labs”.
Danish edtech Female Invest targets UK expansion with $1.6m fresh capital
“It makes a big difference when you see someone like you on a platform.”
Video: Top fintech stories this week – 12 February 2021
FinTech Futures’ weekly news round-up.
BLOC Smart Africa fund secures capital from Ivory Coast & Luxembourg
The fund will invest in high-growth potential start-ups to scale up across the continent.
