Sezzle signs partnership deal with Plaid
Buy now, pay later fintech joins Plaid network.
FinTech
11:FS makes second round of cuts, this time to 11:FS Foundry
Leda Glyptis will no longer be the Foundry’s CEO.
Revolut loses banking veteran CEO after one year to upstart Allica Bank
Davies says his departure is on good terms.
Stock trading apps are booming, but what about the education gap?
Are fintechs just “paying lip service” to education?
Law firm owner co-founds challenger Frost rivalling Snoop
It is currently applying for a banking licence with the Financial Conduct Authority (FCA).
Talk like an Egyptian: a brief history of data encryption
Can today’s PKI encryption techniques fill the promise of inherently secure data?
Applications for FCA’s sixth regulatory sandbox drop more than 30%
Last year, the sandbox recieved a record 99 applications.
Chinese fintech Lufax targets $3bn in US IPO
Sources highlight that political tensions between the US and China could affect its listing plans.
Orange Bank Africa goes live with Temenos and NSIA in Côte d’Ivoire
The bank is set to expand to Burkina Faso, Mali and Senegal.
Exclusive: Money20/20 Europe sponsors join forces to assess Amsterdam event options
Money20/20 Europe assures the physical event in Amsterdam is safe and ready to go ahead.
New UK fintech Flex founded by former Pockit employee
Flex promises money management and savings tips for users.
A2A payments set to threaten dominance of online card transactions
A2A payments could be an unintended beneficiary of SCA.
Video: Top fintech stories this week – 24 July 2020
FinTech Futures’ weekly news round-up.
Carta faces gender discrimination lawsuit
Paying her less than her male peers and subjecting her to other forms of gender discrimination.
Max Levchin’s Affirm lands Shopify buy now, pay later deal
Affirm will power instalment payments for ‘Shop Pay’.
Investment service Scalable Capital lands $58m in Series D
The start-up says it has more than $2 billion under management on its platform.
Webinar: Empowering your SME customers for the new digital normal with APIs and microservices
Real-life examples from Tide and THIS of how APIs and microservices have fuelled business transformation.
Deposit grower Mantl raises $19m in extended Series A
The fresh capital adds to an extended $11 million Series A raise.
A look inside Barclays’ fintech accelerator Rise
FinTech Futures sits down with Magdalena Kron, who leads Rise London’s team.
Xinja Bank to launch US trading platform for Aussie investors
Dabble will also offer users fractional shares.
White paper: Crypto-of-things for securing identity
The latest in key security innovation and the possibilities for enterprises looking to go passwordless hassle-free.
Singapore API firm Percipient raises $5m
The fintech plans to boost the deployment of its TWINNTM system.
Morgan Stanley publishes greenhouse gas emissions on loans & investments
The bank is joining the Partnership for Carbon Accounting Financials.
Plum lands $10m for European expansion
To date, Plum has raised $19.3 million.
Almost soup
Optimism might get you out of your chair and striving for a better tomorrow, but it isn’t optimism that gets you there.
CCAF, World Bank and World Economic Forum call on industry to take part in COVID-19 fintech study
Working in fintech? Take part in the survey and share your views!
Singapore FinTech Association launches new innovation lab
The Nexia InnoLab will connect start-ups with local businesses.
Robinhood scraps UK expansion plans
The fintech landed its licence last August.
Charity donation fintech Goodworld launches in Australia
Its feature #donate allows donors to send instant donations via social media.
UK challenger The Reserve postpones launch due to COVID-19
The Reserve is built green “from inception”.
Virgin Money launches beta of new home buying app
The app is part of Virgin Money’s wider digital transformation strategy.
A search for calmer waters
Businesses across all industry sectors will face three stages over the coming months.
UK government launches review to boost fintech sector
The review intends to establish priority areas for industry, policy makers, and regulators.
Money manager for freelancers Flow lands Dutch PSD2 licence
The idea for Flow originated on an alpaca farm in Drenthe.
Aussie fintech Wildcard shuts down due to COVID-19
The savings firm couldn’t keep up with the economic impact of coronavirus.
Faroe Islands speed up ecommerce with Clearhaus and Terminal.fo
The Faroe Islands are “experiencing a boom in the number of online businesses”.
From open banking to open finance
It’s only in 2020 that we see the quality, reliability, and range of APIs connecting to accounts that realise the regulators’ vision.
The roaring 20s: when the asset manager becomes a data manager
Failure to adapt won’t just impact your existing client base’s investments.
MoneyLion launches RoarMoney with MetaBank & Mastercard
RoarMoney is priced at $1.00 a month.
Finsie to launch US price comparison service
The fintech launched its beta in July.
