PNC launches fintech start-up inside the bank
The first development has been indi, a mobile phone-based bank account for gig workers.
FinTech
The key segment to nurture in 2020 and beyond
The biggest challenge may be the paradoxical ways SMBs view their relationship with their bank.
Mobile technology enabling financial access to millions
Zenka is challenging its competitors and courageously conquering the Kenyan lending industry.
Video: fintech news weekly round-up – 30 August 2019
FinTech Futures and KAE, a strategic marketing consultancy firm, have teamed up to bring you short and sweet round-ups of the week’s selected news stories – in a video format. The latest weekly video covers: Apple Card launches AmEx, Citi and Goldman invest in digital mortgage startup Better.com JP Morgan to shut down Chase Pay […]
Top fintech stories this week – 30 August 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Banking Technology Awards 2019: last working day to submit your entries!
No time to waste! Apply for this year’s Banking Technology Awards before it’s too late.
EWPN and EPA collaborate on boosting equality in the finserv industry
EPA’s report shows 57% of those surveyed have personally experienced gender discrimination.
CardX raises $2m in debt financing
The fintech helps businesses avoid credit card transaction fees.
Kaszek Ventures raises $600m in two funds
Kaszek Ventures raises $600m in two funds
Carlsberg Bank – probably the best digital bank in the world
Banks need to identify new segments and go beyond banking
Challenger investment firm founder launches legal action against UK PM Boris Johnson
SCM Direct founding partner, Gina Miller, takes the Brexit battle to court once again.
Temenos acquires Kony for $559m
The transaction is due to be completed by early Q4 2019.
Tech Mahindra and Adjoint collaborate on blockchain finserv and insurance solution
This will be the firms first treasury and insurance blockchain solution offering.
Equity Group reviews its fintech unit as executives quit
The Kenyan bank is considering running Finserve Africa as a division.
Experian A/NZ acquires Australian fintech Look Who’s Charging
The deal will bolster Experian’s open data offering in the region.
PNC becomes first US bank on RippleNet
The bank joined the blockchain payments platform in September 2018.
Bad bosses and hardy flowers
Moving away from bad bosses is not good advice, it is essential advice.
Platform9 targets global growth with $25m funding
The firm helps companies run cloud-native infrastructure at scale.
Cybersecurity start-up Axonius closes $20m Series B
This was the firm’s second fundraise of the year.
Empaxis teams with InvestCloud to launch TAMP1
The platform is designed for small to medium-sized investment managers.
Why should banks and fintechs work together?
Partnering up with fintechs and leveraging their agility and technological edge is what will keep banks relevant.
Ask the expert: your questions on growing the business answered
How to generate leads and reach the right decision-makers – refining your approach.
Digital assets focused SEBA receives Swiss banking licence
It is being hailed as a milestone for the blockchain and digital asset economy.
Standard Bank and Nomanini sign 12-months in the making $4m deal
Nomanini will be looking to raise additional funding for growth.
Indian digital payment firm BharatPe raises $50m
The company is now valued at $225 million.
Credit Suisse to focus on digital banking
“Maintaining the status quo was not an option.”
Raisin to offer pensions with acquisition of Fairr
It will be the first online marketplace to offer savings, investments and pensions.
Wealthfront acquires robo advisor Grove
California-based, Wealthfront, is acquiring financial planning fintech Grove for an undisclosed sum
Members-only rewards club CRED raises $120m
The club offers benefits for those with high credit scores.
CaixaBank to release biodegradable cards
The bank will roll out150,000 of the cards each year.
How Laybuy seeks to attract global Gen Z market
Laybuy asks for no interest and brands itself as “ethical”.
SME lending: banks aren’t using enough data
And it could be hurting their bottom line.
Is your fintech brand an awkward teenager?
From unpredictable growth spurts and occasional breakouts, to sleeping in.
Top fintech stories this week – 23 August 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Money Dashboard raises record £4.6m crowdfund
The Scottish fintech hit its initial £1.5 million target in 45 minutes.
People’s Bank of China to issue fintech development plan
The strategy will include actions to control risk.
Swiss fintech start-up Numbrs reaches unicorn status
Numbrs raised $40 million, pushing it over $1 billion in value.
Wild West to crypto best: How compliance separates cowboys from champions
Major players will be forced into closer collaboration with regulators.
Tala raises $110m for expansion plans
PayPal Ventures also participated in the round.
CoinFLEX announces $10m funding and Market Making Program
The initiative will target trading firms, hedge funds and cryptocurrency companies.
