SoftBank confirms Yahoo Japan and Line Corp merger to create tech giant
The merger is in a bid to better position the companies against competitors.
FinTech
Asian massage chair tycoon targets Singapore banking licence
Ron Sim is said to be in talks with Singapore-based investment company Temasek.
Sberbank CTO: Banks are ‘no less’ fintech than tech upstarts
“We [the banks] are fintechs,” says Sberbank’s CTO
Swedish neobank Northmill appoints new chief analytics officer from Swedbank
Georges Mansourati spent eleven years at Swedbank.
Decisioning platform Funding Xchange raises £8m
Former dairy farmer Katrin Herrling set up the company after the financial crisis.
CSConnect UK 2019: Round-up of key cybersecurity trends
The conference brought together chief information security officers (CISOs).
Video: Top fintech stories this week – 15 November 2019
FinTech Future’s weekly news round-up.
Irish start-up Siren gets $10m Series A
It’s paired with Siren’s new board member, Bob Griffin.
AI savings assistant Plum raises $3 million and launches Android app
This is in addition to its $4.5 million raised this summer.
Money Bites podcast: what’s next for fintech?
Featuring Tanya Andreasyan, Chip’s Simon Rabin, resident jokester Mr. Money, and the Skittlemania challenge.
India’s NSE announces API sandbox for fintechs around the world
The sandbox was launched at Singapore FinTech Festival 2019.
Canada’s Stradigi AI closes $40.3m in Series A funding round
The AI firm wants to expand further into the North American market.
Challenger banks in Hong Kong
A free guide to help our readers navigate Hong Kong’s challenger banking space.
A banker’s excellent adventure
Learn, be excellent to each other and trust that the music will only get better if you practice. Starting today.
Facebook Pay launches for US users on Messenger and Facebook
The social media giant says it’s a separate venture to the Libra project.
PFS sells up to Australia’s EML Payments for $290 million
EML aims to become “one of the largest fintech enablers in open banking”.
HSBC and RBS race to launch new digital banking platforms
HSBC Kinetic is in beta testing, RBS’ neobank Bó is to launch this month.
Crypto bank SEBA launches Swiss offering after FINMA greenlight
SEBA secured its banking licence in August 2019.
Visa sends Nigerian fintech Interswitch to unicorn status
Sources say Visa paid $200 million for a 20% stake.
Investment firm Castle Trust to become UK challenger bank
The firm calls it the “natural next step”.
Tencent plans blockchain-based virtual bank on back of new Hong Kong licence
Chinese conglomerate nabs its second licence from regulators.
New interest-free credit service Postpay launched in Dubai
The service aims to counter the cash on delivery culture.
Apple Card issuer investigated after claims of sexist credit checks
Goldman Sachs faces official inquiry in NY over alleged Apple Card sexism.
Digits Financial raises $10.5m in Series A
Digits remains in stealth mode for now and remains at an invite only stage.
Putting female STEM into financial systems: the role of gender diversity in fintech
Fintech founders must address the gender balance early.
Money20/20 USA: Seven key takeaways and how to prepare your business
Informa’s Rutger van Faassen shares his impressions and insights from Money20/20 USA.
Interac acquires Ottawa-based digital security company 2Keys
2Keys will operate as “2Keys – a subsidiary of Interac Corp”.
JP Morgan invests in research filter solution for FIs Limeglass
Limeglass is a graduate of JPMorgan’s ‘In-Residence Program’.
Canadian AI search tool Coveo raises $172m to hit unicorn status
Coveo is now “well above” US $1 billion in valuation.
The trainer and the tech
Digital design teams need to surround themselves with a diverse group of colleagues.
Immersive Labs lands $40m investment round, opens Boston office
The start-up sees clear demand for cybersecurity support in North America.
Video: Top fintech stories this week – 08 November 2019
FinTech Future’s weekly news round-up.
Banking Technology Awards countdown: 4 weeks to go – will you be there?
Get in touch with our team to book your place – it’s a party not to be missed.
Sokin CEO: We’ll turn remittances on its head
Sokin’s CEO believes disruption hasn’t hit remittances yet.
Data start-up Meeco secures $6.2m in seed funding
Funding will support acquisition of Aussie firm SVX Group.
Silicon Valley Bank expands to Denmark, announces new MD Sebastian Penn
The bank is already backing more than 20 companies in the region.
India’s Reserve Bank welcomes retail paytechs to new regulatory sandbox
The bank hopes to “spur innovation in [the] digital payments space”.
Bitcoin ATMs in Nevada now need a money transmitter licence and bond
Find out the basics about virtual currencies regulation in Nevada.
UK challenger Tandem Bank announces Hong Kong expansion
First step overseas for the London-based neobank.
Israel’s anti-fraud fintech Riskified reaches unicorn status with $165m fundraising
The round was led by General Atlantic.
