Top fintech stories this week – 16 November 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
RPA firm gets support from SoftBank Vision Fund.
Its smart business transformation programme gets support from UOB.
Conservative MPs may be resigning, but some in fintech seem happier.
Easy to use, easy to set up.
Some fintechs may feel corporate governance is a barrier to growth.
New firm created by team behind payments provider BillPay.
Central banks and regulator reveal heightened interest and assesses alternative models.
Its first investment in Germany of “a few million”.
Firm offers white-label consumer credit facility.
To enable US expansion.
Series B round also includes support from NewAlpha and Forestay Capital.
After a “rapid” three-month implementation.
Alleged boycott of Apple Pay and Samsung Pay in favour of TWINT.
US firm will provide start-ups working capital in exchange for 2% to 8% of their business’ future revenue.
New digital Home Equity Line of Credit product is on the way.
Its current portfolio includes companies focused on infrastructure software, security, commerce and fintech.
Then fintech said: “Let there be light funding”; and there was light funding.
Massive round led by Lightspeed Venture Partners.
Building society’s investment gives it a minority stake.
Planned service between Japan and Brazil will use Ripple’s technology.
Monetary Authority of Singapore quickly thinks up pre-defined sandbox concept.
Bank gets more funding for this attempt.
Series C raise includes Elavon and National Australia Bank.
Calling for fintech to contribute to its “Enhanced Data” project.
“A new way of cooperating between the fintech sector and online distributors.”
Series A round led by Kamet Ventures.
US firm has lost money for the second consecutive quarter.
Round led by Limestone Technology and OpenWay.
Series A round includes participation from Macquarie Capital and Nasdaq Ventures.
Sberbank and Russian Standard Bank launched in test mode, others to follow.
They have developed delivery versus payment capabilities for the settlement of tokenised assets.
Chinese IT and telecoms giant has Santander as its flagship European customer.
Round led by Nyca Partners.
Gets investment funds from United Ventures and Vertis.
Wants a “stronger platform for growth finance and infrastructure development”.
Round includes support from Sequoia India and BlueSky Venture Capital.
Banking tech provider plans new adventures with Avaloq Ventures.
The card makes the “purrfect” sound.
Follows CYBG’s £1.7 billion takeover of Virgin Money.