ICYMI fintech funding round-up: Fordefi, Mia Share, Kema, Coba and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
FinTech
RockWallet bags former Wyre users after acquiring the firm’s full customer base
The companies have not disclosed the amount paid for Wyre’s customer base.
Mission Lane appoints former board member Brandon Black as new CEO
Previous CEO Shane Holdaway will guide the firm’s transition as special advisor to Black.
FinTech Futures: Top five news stories of the week – 16 February 2024
Our pick of the top fintech news stories this week includes Monese, Virgin Money, Bank of America and more.
How to choose the right 3D Secure software – an issuer’s guide
A comprehensive guide to ensure you make the best decision when it comes to implementing 3D Secure technology.
Colombia’s Bold bags $50m Series C for next phase of growth
The round builds on the $55 million secured by Bold through its Series B of February 2022.
It’s boring to say, but boredom is important
Studies suggest that boredom can serve as a catalyst for creativity under the right conditions.
What the FinTech? | S.5 Episode 2 | Tokenisation and blockchain interoperability
In the latest episode of the podcast, we’re joined by Jack Pouderoyen, Innovation Manager at Swift.
India’s Unico Housing Finance secures multi-application Oracle Cloud Infrastructure deal
The integration marks the start-up’s attempt to improve the market agility of its digital loan services.
Nigerian bank Carbon acquires Vella Finance, launches new AI banking platform for SMEs
The platform will enable Nigerian businesses to access loans and AI-powered transactional insights.
Family finance app Nosso becomes latest UK fintech to wind down operations
The start-up’s app helped parents invest and plan for their children’s financial futures.
Trustly expands leadership team in preparation for European expansion
The appointments follow Trustly’s recent acquisitions of SlimPay and Ecospend.
The future is not digital… the present is
We have work to do, and however we choose to do it, let’s at least stop acting surprised at it all.
Swedish VC firm Kinnevik writes off Monese investment in full
The investor has owned 21% of Monese since leading its $60 million Series B round back in 2018.
Ripple acquires Standard Custody & Trust Company to strengthen regulatory licences
Ripple has recently announced custody partnerships with HSBC, BBVA and Zodia Custody.
Canada’s Float bags $37m credit facility from Silicon Valley Bank
The Toronto-based fintech says the new facility will be used to expand its Charge Card programme.
Digital business bank Grasshopper partners Greenlite for AI-powered due diligence tech
Greenlite’s tech will enable the bank to streamline manual data aggregation and client risk assessments.
Wealthify taps embedded banking platform ClearBank to power its new savings account
Wealthify’s new instant savings account will offer an interest rate of 4.91% AER / 4.80% gross.
2024 Document Fraud Report
From first-party fraud to fraudulent templates available online, here are the most critical risks teams who fight fraud should be aware of.
Duncan Cockburn steps down as OneBanx CEO to join insurtech unicorn Zego
Cockburn says he has decided to “step back from the role and embark on a new challenge”.
Nordic Capital snaps up Canadian SaaS fintech Zafin
Zafin has partnerships with a number of global banks including Wells Fargo, HSBC, PNZ and ING.
HSBC is on an AI hiring spree with call for three new executives
The job openings are within HSBC’s digital business services unit and ventures, innovation and partnerships team.
Trading Technologies branches out into clearing with acquisition of Ateo
The Chicago-based vendor expects to complete its acquisition of Ateo by 29 February.
Bankable CEO Eric Mouilleron to step down after 13-year tenure
Mouilleron will remain a board member and shareholder at Bankable.
Successful AI driven marketing strategies are inextricably linked to high quality data and efficient delivery thereof
Is your data strategy up to the challenge? Learn how artificial intelligence can help you reinvent marketing ops.
Deadline extended for Banking Tech Awards USA nominations
You now have until Friday 23 February to get your nominations in.
TransferGo hires former Western Union compliance head Simon McFeely as chief compliance officer
The UK-based fintech says the hire marks its latest effort to “spearhead rapid global expansion”.
European Parliament authorises new regulations for instant money transfers
The new regulation was approved with 599 votes in favour, 7 against, and 35 abstentions.
ID verification fintech Data Zoo appoints new CEO
Charlie Minutella will lead the fintech’s operations from its New York office.
When goals become aspirations, where does that leave us?
Fundamentally, I believe that businesses can be an important force to drive societal change.
ICYMI fintech funding round-up: Navro, Finally, Cashinvoice, SUMA Wealth and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
FinTech Futures: Top five news stories of the week – 9 February 2024
Our pick of the top fintech news stories this week includes Worldline, Deutsche Bank, Barclays and more.
Jennifer Taylor joins Plaid as the company’s first president
Taylor joins the fintech from Cloudflare, where she served as CPO for the past seven years.
India’s Juspay acquires LotusPay to enhance payment capabilities
Juspay plans to enhance its offerings for the banking, financial services and insurance industries.
It’s time for core banking to get real
There are huge opportunities for real-time banking to hyper-personalise banking.
India’s PayU selects Thought Machine’s Vault Core to power LazyPay credit service
Thought Machine says PayU was able to migrate LazyPay to Vault Core in just 12 months.
Fat Zebra bolsters CDR capabilties with acquisition of Aussie open data platform Adatree
The deal joins Fat Zebra’s payments platform with Adatree’s CDR-compliant open data capabilities.
Pagaya secures five-year $280m credit facility led by BlackRock
The new facility consists of a $255 million term loan and a $25 million revolver.
New private bank Volans gears up for launch in Australia
Volans aims to become Australia’s number one private bank before taking the brand global.
Atlantic Money lands regulatory approval to expand money transfer services to North America and Australia
The fintech has been licenced to operate in Europe since 2022.
