Dubai regulators sign fintech agreement with Luxembourg commission
The two countries build on a previous deal inked in 2007.
FinTech
Middlegame Ventures reaches first close of €150 million for investment in early-stage fintechs
New venture fund wants to empower fresh innovation.
Leaked numbers show only 16% of Curve’s users are active
The UK start-up still insists it will reach 4 million customers by 2020.
US fintech Robinhood pulls OCC banking application
The start-up is calling the withdrawal “voluntary”.
Fibank first in Bulgaria to launch PSD2-compliant open banking platform
Fibank customers will be able to move all accounts to My Fibank app.
French fintech Virgil raises €2.1m to co-own homes with first-time buyers
The start-up offers future buyers a capital contribution – not a loan.
European Investment Fund dedicates €100m to AI and blockchain
The EIF wants to address the blockchain and AI ‘financing gap’ in Europe.
Bank ABC launches digital challenger ila Bank in Bahrain
Less than two years ago Bank ABC promised to “transform banking”.
Spanish cybersecurity start-up Buguroo raises $11m
The start-up builds unique “cyber profiles” for each finserv customer.
N26 selects Eurobase Siena to manage its treasury operations
Siena will manage the treasury operations of N26’s 3.5 million customers.
Argentine money manager Ualá raises $150m in round led by SoftBank and Tencent
Bloomberg says Ualá is close to a $1 billion valuation.
MoneyLive 2019: Neobanks “regularly” share tips on financial crime, says exec at Natwest’s Bó Bank
Collaboration between new banks is “pretty impressive”.
UK challenger OakNorth’s partnerships chief leaves bank
Amir Nooriala has left the bank after just six months in the role.
Epiphany CEO: We’re the only “truly open” banking platform in the industry
The CEO says other banking technology providers are “not really open”.
How to land a job in fintech
Expectations for fintech candidates have changed significantly.
Automation Anywhere raises $290 million in Series B round
RPA firm has previously had funding from SoftBank.
Finastra hires Lisa Fiondella as chief data officer
She will be responsible for developing a data product roadmap.
Carbon footprint tracker for purchases Enfuce raises €10m
Enfuce is dubbed the biggest fintech start-up in Finland.
Building a digital atelier: How fintechs are disrupting the fashion industry and combating waste
MTO technology can significantly reduce the march of overproduction.
Capital market disruptor Capitolis raises $40m in Series B
Investors see the fintech in a position “to transform a whole industry”.
Preparing your fintech to thrive despite Brexit uncertainty
There are concrete steps fintechs can take today to put them on the right path.
Video: Top fintech stories this week – 22 November 2019
FinTech Future’s weekly news round-up.
Former ASOS CTO joins Sonovate
Strudwick will oversee product, engineering, infrastructure and data teams.
Revolut appoints new group chief risk officer Pierre Decote
Ex-Goldman Sachs, HSBC and Barclays execs have also been hired.
Brazil’s Pride Bank says it’s the first LGBTI+ bank in the world
Last year Brazil’s far-right president, Jair Bolsonaro, tried to stop LGBTI+ films.
How blockchain transforms banking and financial services
Who’s adopting this tech and what’s in store for it down the line?
Money20/20 USA: How Tangerine champions personalised digital banking with Meniga’s tech
From proof-of-concept to market launch, results, and lessons learnt.
Brazil’s digital bank Neon raises $94m led by General Atlantic
Neon currently has 2 million active users.
China’s Ant Financial is actively looking for Singapore banking licence
The Monetary Authority of Singapore (MAS) has five licences on offer.
UK firms Oval and Seedrs build ‘first’ in-app fintech investment opportunity
Oval is conducting a £1 million crowdfunding round to test the app offering.
The F word
Gender doesn’t make anyone a better hire. Women are there despite and in spite of it. And that matters.
Tickr plans to raise capital in 2020 to aid its European expansion
The social impact investment platform’s co-founder tells FinTech Futures of its 2020 vision.
Small business lender BlueVine banks $102.5m in Series F funding
The fintech now has $692 million in total funding.
US government plans strict enforcement of AML ‘travel rule’ for crypto firms
The rule requires crypto firms to share information about their customers.
Canada’s online brokerage Questrade plans banking licence
A trademark application was also filed back in October for Quest Bank.
Machine learning vs human experience in invoice finance
Be wary of a lender with no human face as there’s always the odd unforeseen complication.
Ask the expert: your questions on growing the business answered
How can I generate awareness and interest in my fintech with limited resources?
Ex-Virgin Money execs’ venture Snoop gets FCA approval
It can now receive financial data from banks as a registered third party.
UK mobile-enabled credit card Tymit raises £4m
Users can bundle abroad purchases into one big repayment.
Village Capital and MetLife Foundation selects 11 start-ups for MENA accelerator programme
Finalists from this cohort will receive grant capital totalling $50,000.
