RCI Bank gains full UK banking licence
RCI Bank, a new savings bank based in the UK’s county of Hertfordshire, has obtained a full banking licence.
savings
FNZ takes minority stake in Embark
FNZ and Embark also extend their tech partnership until 2028.
ANZ and Moneythor partner for “financial wellness” venture
ANZ will implement Moneythor’s digital banking toolkit.
Tandem Bank adds auto-savings rules
“Improving savings habits is one of the hardest things someone can do.”
Dutch savings bank LeasePlan makes the jump to Ohpen’s cloud tech
We talk with Pieter Aartsen and Angelique Schouten, global board members at Ohpen.
Redwood Bank first in UK to put core banking tech on Microsoft Azure cloud
UK’s first 100% “born in the cloud” bank goes on the record about its tech and providers.
Revolut unveils new savings solution, Vaults
Revolt’s Vault helps users turn spare change into savings.
Challenger bank Atom raises £149m
The latest funding round includes £85.4 million from Atom’s existing investor, BBVA.
BinckBank and Raisin double up for Dutch savings market
Launches new product “Binck Savings” – users can deposit funds with selected European partner banks.
Davo launches two new apps for SME cash management
Welcome to Davo Sweep and Save, and Davo Savings Club.
Linxo links up with Raisin to save Europe
A Franco-German alliance targets the European savings sector.
Fintech funding round-up: 28 November 2017
No slowing down when it comes to the fintech funding action and this week we’ve got three of the latest stories for another ever-informative round-up. Featuring MoneyMe, TreasuryXpress and Chip.
Retail deposits platform Savedo acquired by fellow fintech Deposit Solutions
Germany-based Deposit Solutions has acquired fellow fintech Savedo. With the acquisition of Savedo, Deposit Solutions gains 18,000+ clients, 13 partner banks and new regions – thus “further expanding its B2C capabilities”.
How to Grow Prepaid through Financial Well-Being
Prepaid providers are at a crossroads: They can create products that carry relative high fees, or craft consumer-friendly programs that promote financial health. Here’s a case for doing the latter.
Nordea Liv and Spiff collaborate for a new social savings app
Nordea Liv, a life insurance arm of Nordea, has worked with Norwegian fintech start-up Spiff to create a new app that will motivate customers to save money to reach goals.
Community Savings Bank Association joins UK challenger bank ranks
A new challenger has joined the UK’s banking market, Community Savings Bank Association (CSBA). The association is working with an established bank, Airdrie Savings Bank, to set up a UK-wide network of independent, customer-owned, regional banks. These banks will support local communities and businesses.
New fintech platform for cash savings launched by ex-Merrill Lynch directors
Two former Merrill Lynch directors, Paul Richards and Giles Hutson, have unveiled a new fintech venture, Insignis Asset Management. Insignis, a cash management company, is set “to revolutionise how clients manage their cash deposits”, the founders say. The Insignis Digital Banking Network will enable clients to deposit cash, starting from £100,000, into a hub account, […]
