How Canada’s Wealthsimple is building a whole financial suite
“We’re building a lifestyle brand,” says the fintech’s Europe CEO.
FinTech
Transparent Systems comes out of stealth mode with $14m funding
Ivestors: “The financial industry is ready for new technology to improve the way people pay for goods and services.”
Kasisto increases Series B funding round to $22m
The additional $7 million came from Napier Park Financial Partners.
Digital bank Stori raises $10m in Series A2 funding
Mexican challenger bank has also launched its credit card.
Supplement: FinovateEurope 2020
Read our free FinovateEurope Supplement, packed with fintech goodness!
Where do Gen Zs draw the line on data?
Gen Zs draw the line on data according to convenience and the ‘fear of being left out’.
Hot-seat with Sanat Rao, CBO and global head at Infosys Finacle
He talks about workforce and culture transformation, RPAs, open banking and more.
Tandem Bank anticipates fresh £50m funding round
The figure raised is closer to £50 million, instead of the expected £100 million.
Starling Bank raises £60m from existing investors Merian and JTC
The round brings the neobank’s total funds so far to £323 million.
WhatsApp Pay to launch in India with initial 10m users
Facebook-owned firm plans a full roll-out this year.
Nordic API Gateway CEO: Fintechs trying to be European too fast
“Open banking has a tendency […] to do stuff globally or do it pan-European,” says CEO.
Tinkoff Bank to pump €25m in new European fintech venture
Russian neobank plans to launch its new fintech later this year.
Korean banks have growing concerns over Starbucks prepaid card
Starbucks said its prepaid cards had $1.56 billion in stored value at the end of 2019.
Service models: The future of fintech
FinTech Futures talks to two BPC senior VPs about the company’s new processing business.
Fintech in the next decade: The intersection of what’s possible and what people want
Before we start to look at what the next 10 years hold, it’s worth taking a quick look back.
There is no ‘one-size-fits-all’ approach in the ongoing fight for greater diversity
We should never lose sight of the ‘why’ that lies behind the lack of diversity in British businesses.
Video: Top fintech stories this week – 03 February 2020
FinTech Future’s weekly news round-up.
Fintech M&A: Prioritising growth and resilience
There is still runway for further consolidation.
How fintech is helping UK savers
Many of us have a poor relationship with saving money.
XP Investments forms partnership with Genesis
This will help XP streamline & automate workflows.
Receeve raises €4m in seed funding
This comes within a year of a pre-seed fundraise of €1 million from Seedcamp and others.
Envoy Group secures $13.5m investment for blockchain trade finance
Firm plans a full launch in Q2 2020, already has LatAm partners.
Rewire CEO: We want to be the financial marketplace for migrants
Traditionally, migrants have struggled to find a one stop shop for their finances.
German government proposes digital law over competition fears
The proposed clampdown targets anti-competitive behaviour by digital platforms.
British & European fintechs set sail for the US
A wave of British and European fintechs are seeking a foothold in the US finserv market.
US neobank North Loop partners with Aussie edtech Cohort Go
The neobank can extend its list of international payee countries to one 33 times the size.
Hong Kong’s virtual challenger Za Bank selects Fiserv for card payments
Fiserv’s VisionPlus will power Za Bank’s entire card payment lifecycle.
Swedish consumer champion Woilà raises $3.1m
“You have most likely been screwed,” says co-founder on people’s previous purchases.
US paytech Finix raises $35m to rival Stripe and Square
Finix will free up more revenue for businesses.
Aussie neobank Xinja hits $100m in deposits after 19 days
The challenger expected to do $120 million in deposits in a year.
Grab buys Singapore robo-advisory start-up Bento
Bento will be rebranded as GrabInvest.
US challenger Bask Bank launches with AA miles saver scheme
Customers get one ‘AAdvantage’ (AA) mile for every dollar they save.
On financial literacy: Fintech can be the key to future-proofing the UK economy
This stems from the lack of basic financial education or applied maths in schools.
Work life imbalance
Let’s hear it for imbalance. Being on the back foot is when you can kick the hardest.
20th Banking Technology Awards Supplement
A golden celebration of excellence and innovation.
RBS neobank Bó reissues cards due to authentication issue
The post cites “new” regulations which came into force last September.
GoSave to launch digital piggy banks in UK before Christmas
Co-founder tells FinTech Futures: “We’re fighting the inertia of kids not saving.”
ADB creates $50m venture fund for start-ups driving sustainability
The fund will support start-ups helping Asia and the Pacific reach their sustainable goals.
Ask the expert: why is Account Based Marketing important and how can I do it effectively?
Get your sales pipeline moving in the desired direction with ABM.
Video: Intellect Design Arena at MoneyLive London – an age of open infrastructure
Banesh Prabhu talks on FinTech Futures about open banking, legacy tech and CX.
