Q2 and ALTR leverage the blockchain to boost data security
The new technology, Q2 TrustView, powered by ALTR, adds to Q2’s approach to data management and protection by mitigating security breaches in real time.
News
FintechOS raises $1.2m to expand internationally
The round brings the company’s total funding to $3 million.
Top fintech stories this week – 17 May 2019
SoftBank’s big investment, as well as BCR’s pool B… and more!
Quotevine wins £2.2m in funding
The UK-based firm provides asset and automotive finance solutions.
Zenus Bank launches aiming to serve global clients
The US bank holds an international license.
Fintech start-ups invited to join Suncorp’s Digital Incubator Programme
Participants get three months to develop their ideas with Suncorp.
Holvi expansion targets micro businesses in five new European markets
Finnish start-up serves “everyday entrepreneurs” with business current accounts.
Swiss bank prepares for PSD2 API regulations
It will provide APIs for third-parties for the Cornèrcard in the UK and Liechtenstein and Diners Club Card Italy.
NBB forges ahead with open banking in Bahrain
Tarabut Gateway will provide the infrastructure.
German bank Penta integrates business invoicing with Debitoor
Debitoor automatically compares invoices and money paid.
Citi backs ChartIQ’s desktop integration technology
Undisclosed investment adds to $17.4 million Series B round.
KOHO closes $42m for alternative fintech
Led by Portag3, who supported its Series A.
Podcast: breaking down silos with social media
What it’s like to be a tireless professional editor.
Certua acquires insurtech Surely Group
It is to bolster Certua’s new insurance platform.
The ID Co. lands $2m
Bringing its total funding to $11 million.
MasterQueue closes first round of funding
The amount of the investment is undisclosed.
German wealthtech Elinvar gets Goldman Sachs injection
The digital platform for asset and wealth managers wants to expand throughout Europe.
Conversion platform BookingBug rebrands as JRNI
Webcollage’s John Federman joins as new CEO.
KYC firm 4Stop raises $2.5m for fight against fraud
The Series A was led by Ventech.
New regtech FrankieFinancial signs up Xinja and Novatti
Aims to solve $4 billion legacy systems overhead problem.
JSE goes live with new real-time clearing platform from Nasdaq
First asset classes are migrated as part of JSE’s multi-year plan.
Santander Spain plans a large jobs cut
Around 10% of its total workforce in Spain.
UK is fintech world leader with £4.5bn investment in three years
The country is also fourth in the world for overall scaleup investment.
Canadian CIBC launches platform for SMEs
It allows users to manage accounting and payroll insights.
SoftBank invests $800m into UK fintech Greensill
It puts Greensill’s valuation at $3.5bn.
ClickSwitch simplifies recurring payments with $13m funding
The Series B was led by Commerce Ventures and Point72 Ventures.
Nationwide, Investec and Co-op Bank share £80 million BCR grant pool
All three commit to modernise and improve business banking for SMEs.
ION Investment Group acquires majority stake in Acuris
BC Partners and Acuris management retain minority ownership.
Swedish refinancing start-up Anyfin eyes European expansion with €8m investment
The extended Series A round brings total investment to €13.3 million.
Finastra’s Fusion LenderComm on blockchain signs up three new big banks
BNP Paribas, Natixis and Societe Generale join NatWest.
Business card management platform Pleo raises $56m
It follows last year’s $16m Series A.
Asset management firm AllianceBernstein picks OpenFin for new OS
A new desktop technology infrastructure, allowing integration and interoperability.
Video: fintech news weekly round-up – 13 May 2019
This week, blockchain and crypto by big names like Facebook and Microsoft, among other news!
Scale Insights moves to the UK following investment from Nationwide
The Canadian firm will use the undisclosed investment to analyse speech patterns.
Visa signs up to support fintech innovation in Bahrain
Partnership will focus on innovation, education and payments trends.
Liquidnet acquires RSRCHXchange for investment data insights
RSRCHXchange digitises content and provides a centralised hub for research access.
Two new next-gen banks to open in the US
Piermont Bank and Nexos National Bank.
Profile Software to provide wealth management support to MADA Capital
Omni-channel platform offers digital tools for wealth managers.
Atom picks TruNarrative to provide AML solution
Atom was looking for a better way to manage false positives.
Hong Kong grants four more virtual bank licences
These banks will be launched by Ant Financial, Xiaomi, AMTD, Ping An, and Tencent.
