Quotevine wins £2.2m in funding
The UK-based firm provides asset and automotive finance solutions.
FinTech
Fintech start-ups invited to join Suncorp’s Digital Incubator Programme
Participants get three months to develop their ideas with Suncorp.
Holvi expansion targets micro businesses in five new European markets
Finnish start-up serves “everyday entrepreneurs” with business current accounts.
Swiss bank prepares for PSD2 API regulations
It will provide APIs for third-parties for the Cornèrcard in the UK and Liechtenstein and Diners Club Card Italy.
German bank Penta integrates business invoicing with Debitoor
Debitoor automatically compares invoices and money paid.
Citi backs ChartIQ’s desktop integration technology
Undisclosed investment adds to $17.4 million Series B round.
KOHO closes $42m for alternative fintech
Led by Portag3, who supported its Series A.
Podcast: breaking down silos with social media
What it’s like to be a tireless professional editor.
Banking for humanity: a land of unsung heroes
Find your legacy. Find your own flavour of useful. Dust it off. And make it better.
The ID Co. lands $2m
Bringing its total funding to $11 million.
MasterQueue closes first round of funding
The amount of the investment is undisclosed.
Conversion platform BookingBug rebrands as JRNI
Webcollage’s John Federman joins as new CEO.
KYC firm 4Stop raises $2.5m for fight against fraud
The Series A was led by Ventech.
JSE goes live with new real-time clearing platform from Nasdaq
First asset classes are migrated as part of JSE’s multi-year plan.
UK is fintech world leader with £4.5bn investment in three years
The country is also fourth in the world for overall scaleup investment.
Canadian CIBC launches platform for SMEs
It allows users to manage accounting and payroll insights.
Niche areas that fintech is yet to exploit
Superyachts, with turnovers of millions, should be viewed as floating multi-million-pound businesses.
SoftBank invests $800m into UK fintech Greensill
It puts Greensill’s valuation at $3.5bn.
Business card management platform Pleo raises $56m
It follows last year’s $16m Series A.
Video: fintech news weekly round-up – 13 May 2019
This week, blockchain and crypto by big names like Facebook and Microsoft, among other news!
Scale Insights moves to the UK following investment from Nationwide
The Canadian firm will use the undisclosed investment to analyse speech patterns.
Visa signs up to support fintech innovation in Bahrain
Partnership will focus on innovation, education and payments trends.
Why retail banks should not be afraid of collaboration, even with tech giants
Collaboration for incumbents is the only way to catch up with the market and become truly consumer-centric.
Manchester: the “only logical choice” outside London for Europe’s fastest growing fintech
UK’s Northern Powerhouse will be supported by the success of Manchester.
Flagstone gains £11m of capital injection for market expansion
Backers include Kindred Capital, Moneysupermarket Group, and VentureFounders.
Top fintech stories this week – 10 May 2019
Deutsche Bank picks Red Hat, Orange acquires Secure Link, and much more!
Fintechs, there’s a tsunami coming; do you hear the sirens?
And I will be able to pay for a surfboard with my new Apple Card.
FinovateSpring 2019: Best of Show winners unveiled
This year’s Best of Show winners are truly in a class of their own.
Video: fintech news weekly round-up – 09 May 2019
This week, Mastercard, Facebook and many more!
Data privacy firm QEDIT expands reach with three new partners
Follows QEDIT’s $10 million Series A investment round.
Estonia ups requirements for virtual currency licences
In an attempt to avoid money laundering and terrorism financing.
NatWest becomes first UK partner for open banking platform Tink
Swedish fintech will add personalisation to the bank’s mobile banking.
Crypto exchange Binance falls victim of $41m hack
It has since stopped trading to keep the market under control.
Five imperatives to help you scale your fintech
Practical advice for any fintech wanting to accelerate growth.
Open Banking: much ado about a brave new world
The intent is revolutionary. The path is non linear.
Orange acquires SecureLink for €515m
Investcorp originally acquired SecureLink in December 2015.
Nivo’s platform receives £2m funding to connect customers
The Manchester-based firm specialises on instant messaging and identity verification.
Fenergo supports Bahrain’s blockchain-based KYC
It will support retail and corporate banking, with other sectors in the future.
Financial supermarket GoBear raises $80m
The fintech aims to tackle financial exclusion.
It’s time to disrupt “disrupt”
Fintech as an industry has a problem with language: namely, we don’t have one.
