UK fintech start-up Paytrix appoints David Sola as new CFO
Sola has previously served as a managing director at UBS, Houlihan Lokey and Softbank Europe.
FinTech
High-performing teams and trust via vulnerability
Trust is earned and not built overnight. It’s a slow process but a few key actions can speed it up.
UK’s ClearBank hits profitability as revenues soar
The firm says it has generated £45.4 million in revenue since the beginning of this year.
Four trends impacting bill payments: how to reduce risk while making them work for you
Serving your customers respectfully and effectively is especially important in times of economic uncertainty.
UK challenger Tandem partners Cogo to help customers track their carbon footprint
Cogo’s tech will feature on Tandem’s green living hub, with plans to integrate directly into the bank’s app in 2023.
Conversational AI firm Boost.ai hires Jerry Haywood as new CEO
Haywood joins from LivePerson and succeeds Boost.ai founder and current CEO Lars Ropeid Selsås.
Danish financial edtech Female Invest buys trading platform Gaia
Gaia Investments is a trading platform with a focus on sustainable and ethical investing.
Pleo and TravelPerk team up for travel expense automation
TravelPerk’s platform will simplify and automate the travel expense experience for Pleo’s users.
BVNK acquires fellow paytech System Pay Services
SPS is registered as an electronic money institution in the UK.
From eID wallets to soulbound tokens: future-proofing digital identity
The next five to seven years will usher in a completely new era of digital IDs.
FinTech Futures: Top five stories of the week – 25 November 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
US SME banking platform Novo bags $35m in Series B extension
The new cash takes its total Series B funding to $125m following a $90m raise earlier this year.
ICYMI fintech funding round-up: Atoa, Djamo, Flourish, Hardbacon & Nine25
A handy round-up of this week’s fintech funding news from around the world.
Danish fintech Pleo hires Meri Williams as new CTO
Williams was formerly CTO at Monzo where they helped scale the engineering and data team by 500%.
Changpeng Zhao, FTX and ‘cryptogeddon’
The FTX debacle will see the Wild West of crypto’s emergent years replaced by control and discipline.
FIS reportedly looking to cut thousands of jobs under new CEO
Bloomberg reports that the cuts to the workforce are expected to be staggered.
Spanish employee benefits platform Cobee raises €40m Series B
Cobee plans to expand throughout southern Europe and into Latin America, particularly Mexico.
Kenya’s DeltaPay taps Provenir for data and risk decisioning platform
DeltaPay leverages alternative data to expand financial access to affordable consumer credit.
Q&A: How Diligent is helping companies transition to a modern back office
FinTech Futures chats with Diligent’s Lisa Edwards about the firm’s GRC and ESG solutions.
Two suspects arrested in Estonia accused of $575m crypto fraud
Both defendants appeared in court in Tallin and are being held pending extradition to the US.
The enemy of ‘good’ is ‘better’
The minute you become aware of ‘better’ being possible, ‘good’ is no longer good enough.
US fintech GloriFi to shut down amid “a series of financial challenges”
The firm launched its app in September offering checking and savings accounts.
SaaS start-up Taktile lands $20m to boost US expansion
The firm claims it has seen “rapid growth” in the US and has tripled its revenues over the last 12 months.
Q&A with Griffin: “We’ve built a purpose-built bank just for fintechs”
FinTech Futures speaks with Griffin’s CCO Adam Moulson about the company’s growth.
Corporate payments fintech Onbe hires new CTO, CFO to drive growth
Brent Coles joins as chief financial officer while Suresh Kumar is Onbe’s new chief technology officer.
The empathy deficit
As the cost of living continues to rise, what will banks do? What should they do?
Service orchestration: connecting the dots in payments
Service orchestration can help businesses optimise payments and checkout processes.
What the FinTech? | S.3 Episode 17 | What’s next for BNPL?
In this episode of the podcast, we’re joined by Gaurav Sethi, chief product and strategy officer for Citizens Pay.
Social trading platform Naga taps TrueLayer for A2A payments
Naga users will be able to top up their accounts using A2A payments authenticated via biometrics.
Saudi fintech platform Tameed picks Moneythor for loyalty features
With Moneythor’s solution, Tameed aims to enhance its purchase order financing offering with a loyalty programme.
Credit card financial inclusion fintech Mercury hires Jason Whiting as CFO
Whiting will join Mercury Financial from Barclays where he served as head of strategy for the Americas.
Evolution and revolution in global remittances
Flexible solutions for remittances are needed now more than ever to service evolving customer needs.
Sella launches pilot of biometric credit card in Italy
The biometric card is being issued by Sella on the Visa scheme, developed in partnership with Idemia.
ADDX sells stake in digital asset platform CYBAVO to fintech Circle
The deal was signed in June and concluded in July, as part of Circle’s acquisition of CYBAVO earlier this year.
Hong Kong’s WeLab considers new funding round
According to Bloomberg, the fintech firm is valued at around $2 billion.
White paper: Choosing a digital experience platform (DXP) for insurers
Find out how a DXP will transform your insurance business and consolidate your role in a changing marketplace.
Klarna launches new open banking sandbox initiative
With the initiative, Klarna hopes to accelerate innovation in the development of open banking use cases.
HDFC Bank taps Flywire for digital educational payments experience
The integration will provide a fully digital checkout experience for Indian students to make transactions.
Why zero trust security is central to operational resilience – and regulatory compliance
Designing systems with a zero trust approach built in must become a fundamental step in the security process.
Juni trims one-third of its workforce in second round of layoffs
The layoff comes just two months after it shed 10% of its workforce.
