Upgrade Pack flying high as crowdfunding exceeds £500K target
Discount site celebrates first year with £12.75m pre-money valuation.
FinTech
New funding set to make Monzo second-largest UK fintech start-up
£1.9bn valuation will see the challenger bank leapfrog rival Revolut.
Nordic Capital acquires digital identity firm Signicat
The financial details for the Norwegian security firm have not been disclosed.
When getting bad news is your way of knowing you are doing something right
I have been both a witness to and a participant in a conversation about something going wrong.
EvoNexus launches incubator backed by RBC and Franklin Templeton
It will launch in May 2019 in San Diego.
New petition calls out big banks for stifling competition
The petition was started by the director of data analytics firm LendingMetrics.
NIIT Technologies to acquire Whishworks
Specific terms of the deal have not been disclosed.
Sustained innovation: fintech comes of age
Fintechs don’t have to be disruptive to be innovative.
Emma integrates Chip savings in money management app
Emma just wants to chip in.
Torstone Tech grows with Percentile acquisition
Percentile’s risk solution will be integrated into Torstone’s offering.
R&D tax credit scheme offers relief to UK fintechs
Dispelling assumptions and misconceptions about R&D tax relief.
Video: fintech news weekly round-up – 8 April 2019
Africa Fintech association, City watchdog’s orders, and a new blockchain alliance!
Euronext ahead in bid race for Oslo Bors with regulator’s recommendation
The Norwegian Financial Supervisory Authority is vouching for Euronext.
Simudyne closes $6m funding with Barclays’ aid
This brings the total capital raised to $10m.
Emirates NBD launches WhatsApp banking
The bank will expand the range of functions customers can use.
How to ensure your financial institution doesn’t survive past 2030
Free up your staff to work for more forward-looking organisations!
Open beta programme launches for Sila’s API platform
Aims to bridge gap between traditional banking systems and blockchain.
Top fintech stories this week – 5 March 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
The future of PFM looks a lot less like a bank
Those digital money managers that build intelligent services around the high opportunity customer jobs will win.
OpenGamma raises $10m for data analytics boost
It will increase presence in London, New York and Singapore.
Doomsday musings: banking on the verge of a nervous breakdown
The systems we laboured over will be grandfathered and stuff we don’t understand will become important. Accept it.
PayPal invests in potential collaboration with Cambridge Blockchain
The funding is an extension of the firm’s Series A round.
Address the FinovateSpring audience by taking part in FinTech Futures supplement
Deliver a strong message to the fintech community!
The blockchain hype is over, but disruption is just beginning
Blockchain disruption will not happen frontally, but initially through fringe usages that bypass incumbents.
Video: fintech news weekly round-up – 1 April 2019
Apple’s new credit card, New York goes fintech, and more!
Ellevest raises $33m from high profile female investors
Investors include Melinda Gates’ Pivotal Ventures.
KPIs to measure ROI of a digital bank
Digital influence can be tracked, measured, and would indicate on what the ROI is – positive or negative.
UAE’s digital bank Liv launches Kasisto’s AI chatbot
The conversational AI is called Olivia.
Klarna’s new platform connects fintechs and 4,300 banks
Single API is the gateway to 14 European markets.
Unlocking a continent of opportunity: digital and mobile transforming Africa’s business landscape
A quiet financial revolution is gathering pace across Africa – stemming from the rise of smart mobile tech.
YellowDog fetches £2.5m extra in Series A
This news follows the £1.7 million raised in March of last year.
What flat earthers and bankers have in common or “I accept all writing challenges”
Things don’t need you to believe in them to be true or come to pass.
Russia’s first new bank in four years is for internet firms
Approach will combine the payment gateway and payout model.
Succeeding with Advanced Analytics and delivering next level customer experience
Data visualisation, data analytics, and other necessary requirements for modern banking.
Sayata Labs attracts $6.5m seed funding for cyber insurance tech
Cyber risk assessment solution is described as ‘game-changing’.
Apple announces digital credit card
To launch in summer, supported by Goldman Sachs.
eToro buys blockchain company Firmo
This is eToro’s first acquisition.
New York Fed launches fintech advisory group
To help the bank assess potential market impact.
Video: fintech news weekly round-up – 25 March 2019
FIS acquires Worldpay, PSD2, Tandem, and other news!
Honeybook raises $28m to help freelancers
An app targeting freelancers and solo entrepeneurs.
