FinTech Futures: Top five stories of the week – 7 October 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The transaction is expected to close in the first quarter of 2023, subject to regulatory approvals.
The Uber Pro Card will help its drivers save on fuel, fees and other associated expenses.
Intelligent virtual assistants powered by cutting-edge conversational AI are creating the future of banking experience.
Learn how to build a sustainable model that requires data storage engineered to use significantly lower power and cooling.
Our weekly fintech round-up for you to get the latest funding news from around the world.
Our weekly round-up for you to get the latest fintech funding news from around the UK and Europe.
Founded in 2018, Ali claims to have negotiated more than $37 million in payroll-deductible loans.
A handy round-up of the recent funding endeavours of fintech companies across the US.
11Onze chair James Sène says SMEs are “the lifeblood of our communities and global economies”.
If completed, the new funds will take the firm’s total Series A raise to $61 million.
Since it was founded in 2016, the firm has raised more than $110 million in total funding.
The bank will deploy Temenos Retail Banking Services running on the Temenos Banking Cloud.
Parties from both the tokenised and traditional asset worlds collaborated on the project.
Banc Cambria is understood to be targeting a 2023 launch and hopes to reverse the tide of bank branch closures.
Zopa is reportedly in “detailed negotiations” with shareholders to raise around $100m.
Swift says CBDCs and tokens can be deployed at scale to facilitate trade and investment across the world.
Adyen says its open banking integration will launch first in the UK, with plans to expand to multiple markets in 2023.
Xendit says affected employees will receive “suitable compensation” alongside additional benefits.
The money will go to underserved communities in regions where Merck currently operates.
The firm aims to provide new loan and investment opportunities for the underbanked.
Lidsi is a savings app launching in January 2023, and Turan is an all-encompassing financial application.
Trade Ledger CEO Martin McCann says the digital solution the firm has developed for NORD/LB is a “world first”.
Itaú selected Genesis for its “deep domain experience in asset management, trading and financial services”.
CEO and co-founder Nigel Verdon says the funding is a “significant step on our route to profitability”.
The partnership aims to support “thousands” of UK small and medium-sized enterprises (SMEs).
DBT’s credit analysis tech platform analyses real-time data to provide a more accurate risk assessment for SMEs.
Beacon’s buy and build model will help TDAM to develop a more flexible pricing and risk management system.
Rapid Finance says Thrive “represents a significant addition” to the company.
The round was led by Sway Ventures with participation from Menora Mivtachim, an Israeli insurance firm.
Buitenhek first joined the bank in 1988 and has been head of transactions services since 2014.
The funding round, led by ParaFi Capital’s Growth Fund, saw participation from high-profile angel investors.
Fintech Surge will host top innovators across digital banking, paytech, insurtech, regtech and much more.
The SEC says Kardashian failed to disclose the payment she received for promoting EMAX tokens, a crypto asset.
Bangor Savings Bank says the partnership will expand its revenue opportunities.
The bank failed to raise the funds needed for a full banking licence.
The bank will deploy Codebase’s Digibanc platform.
The acquisition deal was originally announced back in August 2021.
SinoPac, one of Taiwan’s largest banks, is implementing Temenos’ digital banking solutions.
The Apiture Digital Banking Platform will provide business banking and account opening solutions.