Dashlane closes $110m funding for password protection
And appoints new CMO.
News
Indonesia launches QR code standards
To facilitate payments across the poorer businesses in the country.
InsurTech firm REG closes £2.4m funding round
The additional capital will support the company’s growth trajectory.
Oracle FSS wins over Senegal Post Bank
EXCLUSIVE: Senegal Post Bank overhauls its front-to-back office banking and payments tech.
White paper: How to drive business impact with payments
Download this free white paper to learn about how payments can improve your business.
Cointree and Gobbill partnership offer Aussies crypto bill-paying service
Users can “pay any bill with any coin”.
Raphaels fined £1.9m by FCA and PRA for outsourcing mismanagement
The bank didn’t properly manage the outsourcing of payment services.
Autologyx raises £1m in funding
AI and ML platform aims to accelerate returns for legal and insurance clients
First Marco Polo trade finance pilot between Asia and Europe
Bangkok Bank and Commerzbank test DLT-based trade finance solution.
SoFi confirms $500m investment led by Qatar
SoFi’s total capital now stands at $2.3 billion.
Plaid launched in the UK
Following the acquisition of Quovo in a $200m deal.
Accounting automation tool raises $7.35m
Catering all expenses and bookkeeping needs, in “virtually all industries”.
Yapily welcomes $5.4m for API platform
The London fintech has seen its niche in open banking.
Founders Bank anticipates EU licence in Q4
Malta and London-based start-up is backed by crypto exchange Binance and venture capitalists.
Step and Kard target teen market for banking
Both banking apps have launched their waiting lists.
Nigerian banking start-up favours Oracle FSS
EXCLUSIVE: Titan Trust Bank selects Oracle FSS for its core and digital banking technology.
Emirates NBD builds AI-enabled bank with AWS
The Middle-Eastern bank is applying tech to customer sevice.
Amadeus Future of Payments – payments integration in the travel industry
Round-up of the first Amadeus customer event in Madrid.
Groupama overhauls product repository with Appian’s low-code platform
A new lifecycle management application has been deployed.
Purpose extends digital portfolio by acquiring CreditGenie
Toronto-based CreditGenie aims to disrupt point-of-sale financing.
Swedbank partners with Kaching Retail to develop mobile payments
The bank has also become a key investor.
Crowdz raises $5.5m to launch industry-first global invoice exchange
Aims to revolutionise receivables market for SMEs.
SeedLegals raises $4m to help start-ups save money
The platform automates the fundraising process.
Refinitiv acquires AlphaDesk to expand buy-side solutions
Deal adds a cloud-based OMS to Refinitiv’s offering.
River Valley Community FCU becomes first in Arkansas to adopt POPi/o video banking
The credit union has more than 7,200 members.
Betterview expands team with $4.5 million Series A round
Property risk management platform has raised $10 million to date.
Global Payments and TSYS agree mega-merger
The third major payments industry deal so far this year.
Open Payments targets Nordic and European markets with €1.2m seed round
Offers access to European banks via one API.
Identiq launches privacy-first identity validation network, raises $5m
The first solution designed to address growing sensitivities around data privacy.
New APP scam protection code comes into force
Victims now more likely to get their money back.
Regtech ClauseMatch closes $2.5m venture debt funding with SVB
The money will fund further expansion into Europe and Asia.
Nasdaq concedes to Euronext in battle for Oslo Bors
Withdrawal comes after Euronext wins Ministry of Finance approval.
Teen banking fintech Pixpay raises €3.1m launch funding
The Paris-based start-up was founded four months ago.
Digital investing service Wealthsimple raises $100m
Allianz X led the investment round.
Zero closes $20m Series A to serve 200,000-strong waitlist
Offers a combination of debit and credit card.
Video: fintech news weekly round-up – 28 May 2019
News on Facebook, Monzo, Transferwise, and more!
Qudos Bank escalates legal battle with Infosys
Alleged copyright infringement, breach of contract and misuse of confidential information.
Meridian CU first in Canada to take MX Pulse financial wellness tool
If you’re going to bring your new, self-guided financial wellness tool to Canada, you might as well start big.
Infosys to power GTB’s digital strategy in Myanmar
Understood to be replacing 3i Infotech’s Kastle core banking system.
Top fintech stories this week – 24 May 2019
TransferWise just became even bigger, Nuvei Bidco acquires SafeCharge, and more!
