China’s Ant Financial buys small stake in Swedish unicorn Klarna
Klarna is already embedded into Alibaba’s AliExpress.
Klarna is already embedded into Alibaba’s AliExpress.
AutoRek to help Nationwide “face into the future.”
The round was led by a $10.5 million investment from Germany’s Paragon Partners.
The challenger bank has been aiming for an Irish licence since last year.
The neobank is focused on “making saving easy”.
Illinois-based bank looks to improve efficiency following acquisitions.
The neobank is “very close” to its Q2 launch this year.
Three banks have migrated or will be migrating to cloud hosted SilverLake system.
The companies say the decision to team up was driven by open banking.
Mambu aims to make MSB the first cloud-native bank in Vietnam.
SME insurance firms plans to triple its headcount in 2020
The deal amount is yet to be disclosed.
The venture now has a 50-person London-based team.
Many users are now trying to seek class action against the app.
The trading app is focused around making investing ‘social’.
Core banking vendor plans to use the capital to expand into new markets.
The bank’s tardiness in notifying affected clients and regulators led to concerns.
37 branches are set to be shuttered by the company as customers go digital.
Brink’s will deploy its Point Cash solution to the purchased machines.
Woelders will join former colleague Chris Vogelzang at the Danish banking group.
Regtech firm to be incorporated into Broadridge FundAssist.
Gill Haus starts this week as head of digital technology for the consumer bank.
An agreement had yet to be finalised but a transaction could be struck in the coming weeks.
She will stand for election by Capital One shareholders in April 2020.
Xolo is a “one-stop-shop” for one-person micro-businesses.
Bank says deal signals “significant opportunities.”
Google Cloud now has 22 data centers across the globe.
Neo plans a credit card and rewards-based savings.
Subscription-only bank continues development after 2019 launch.
FinTech Futures’ weekly news round-up.
The Chinese ecommerce market is currently valued at more than $1 trillion.
Checkout.com buys another module in the payments process.
Masayoshi Amamiya warns central banks not to “jump immediately.”
PayKey is a social app payments integrator, and equensWorldline a pan-European payments processor.
This is expected after its next fundraise which will value the neobank at £1bn.
“Banks don’t want to invest in infrastructure when they don’t need it,” says CTO.
Multinational bank seeks to diversify its services to emerging markets.
Jumo plans to break into both Cote d’Ivoire and India in 2020.
“The extent of change is significant,” says RBNZ, which is deploying to 57 banks.
The bank is paying back £50m of its fund from BCR.