UK challenger Monzo in talks with SoftBank for £100m fundraising
Monzo’s co-founder met up with the Japanese investor in Mayfair this month.
Monzo’s co-founder met up with the Japanese investor in Mayfair this month.
Islamic bank looks to become leader in its market.
Barclays already uses Flux’s technology on its beta programme Launchpad.
Mansa X as the fund is known, returned an average 24% and closed at $3 million.
The regulator is asking banks to explain their 39.99% rates.
Contour is built on R3’s Corda platform.
Teller’s co-founder: “I fear for the future of Plaid’s product”
Egyptian regulator also plans internet banking overhaul.
Regulator calls for comment ahead of 2021 launch.
Furthermore, US-based Finxact has also made its first core banking system sale abroad – in Thailand.
Tally is not a cryptocurrency, because it’s linked to a tangible asset.
SME lender plans to boost support for customers.
Praxia was on the verge of being dissolved last month.
Practical guidelines for banking institutions to consider when choosing a vendor.
Exclusive interview with Cinchy’s CEO. “Think of it as the end of fragmentation.”
GS itself has four women on its board of directors, out of 11 total members.
Pine Labs valued at $1.5 billion after latest financing.
Vendor finds investment from six community banks.
The round was co-led by Visa and SAP’s venture arm Sapphire.
The fintech is also set to expand its headcount this year.
Former head of strategy takes over from BoE-bound Andrew Bailey.
The executive used covert deposit accounts under his wife’s name.
Regulator looking into benefits of SaaS and PaaS.
The challenger already has 200,000 customers largely in Finland and Germany.
“An IPO is of course always an option for fresh capital,” says CEO Mirko Huellemann.
Party lawmakers are working on proposals.
The lender says it needs to “think about the way that [its] capital is being delivered”.
Thirty fintech start-ups from South Africa, Kenya, Nigeria, India and Mexico will get funding.
FinTech Future’s weekly news round-up.
Seven other former Wells Fargo executives were reprimanded by the OCC.
Germany and France are next on Freetrade’s list.
The bank is facing criminal charges for helping Iran evade US economic sanctions.
The funding for the SME finance provider was led by investment firm FTV Capital.
The $1.5bn funding would value Tokopedia at between $8bn and $9bn.
ANZ, Westpac, NAB and Commonwealth Bank have lost a collective half a billion dollars.
The transaction is subject to receipt of required regulatory approvals & conditions.
UK bank to offer Nimbla technology to one million SME customers.
Tranglo partnered with bigtech Alipay earlier this month.
French banking group now deploys Tink in Belgium and Italy.
The app plans to expand across Europe “in the coming months”.