CBANC acquires Lendwell
Terms of the transaction were not disclosed.
News
Refundo to return tax refunds in Bitcoin
Thanks to a recent partnership with BitPay.
Klarna brings its alt payment options to retail shops
Bringing pay later to consumers in stores.
Fiserv’s AML solution wins new clients in UAE and Iceland
AML Risk Manager chosen to streamline processes.
Top fintech stories this week – 3 May 2019
May issue is out!
RPA firm UiPath closes $568m funding round
Company’s post-money valuation has grown from $110 million to $7 billion.
Blockchain-based ID verification system goes live in Canada
SecureKey’s Verified.Me is backed by several major financial institutions.
Broadridge acquires Rockall for securities lending
Financial details were not disclosed.
UK challenger bank Dozens gets £3.8m crowdfunding
Dozens had already raised $8 million prior to this round.
Indio Technologies brings digital to insurance with $20m funding
The company has raised over $30 million in total.
Digital Assets Data to enhance crypto data insights with $6m funding
The firm targets crypto hedge funds, family offices, asset management research firms
Ethical bank Triodos prepares for Brexit
The Dutch bank has turned its UK operation into a wholly-owned subsidiary.
Nationwide invests in new payment request service Ordo
The direct payment app launches later this year.
GFIN selects eight firms for cross-border testing pilot
Next step is to develop suitable testing plans.
Oracle FSS gains two new core banking tech clients in Eastern Europe
New Flexcube takers are KDB Bank Europe in Hungary and Všeobecná úverová banka (VUB) in Slovakia.
Amazon Pay launches Android P2P payments in India
Users can pay Amazon delivery associates from their bank accounts via UPI QR codes.
Bankable gets investment from new partner Visa
Bankable will allow firms deploy to digital banking and payment services quickly.
Iress gains MSO deal from Principality Building Society
The Society was looking for new technology for its mortgages.
Technisys bags $50m funding in Series C
The banking tech provider looks to enter European markets.
Video: fintech news weekly round-up – 30 April 2019
SoftBank invests in Wirecard, Tencent in Argentinian Uala, and other Visa news.
HSBC selects CGI for new trade tech platform
The bank wants to enable the use of innovative technologies.
FNZ unveils market infrastructure for asset managers on blockchain
In partnership with an array of fund managers in the UK.
Ixaris partners with Banking Circle on cross-border payments
The partnership aims to support the travel industry.
Finitive gets $6m funding for alternative lending investments
Investors can now access non-bank lending sectors.
Expense management app Divvy closes $200m funding
It’s the third funding round for the firm in under a year.
Seacoast chooses Talend’s data quality and compliance solution
Talend Data Fabric has streamlined review processes.
DIT pilots to support UK fintech international expansion
Two bridge pilot programmes with Australia and Hong Kong.
Citi launches NextGen AI compliance project
In partnership with EY and SAS.
RBC adds budgeting tool to mobile app
It tracks and budgets expenses in five areas.
Metro Credit Union in major tech revamp with COCC
The credit union embarks multi-year project to make major strategic investments in tech.
Santander plans UK’s first combined voice and phone ID authentication
Customers will create a unique “voice print” at enrolment.
New national network launched to connect UK fintechs
Innovate Finance, FinTech Scotland and FinTech North are behind the initiative.
Fractal Labs wins Deloitte’s first fintech portfolio investment
The company is based in Deloitte’s London fintech lab.
Sberbank Croatia turns to Token for open banking move
Token is seeing an increased interest for PSD2 solutions in the region.
Mosaic Smart Data enhances analytics game with $9m funding
Its machine learning (ML) models identify and alert the user to opportunities and threats.
ALTO taps ACI for Indonesian alternative payments growth
ACI will provide its UP Retail Payments solution.
FIS links up with Visa
A new tool for the FIS clients to process high-value corporate, cross-border payments.
Tink teams up with Mash
The company plans to use Tink to improve the onboarding process for new users.
FIS, Fiserv and Infosys compete for Robinhood’s core banking tech deal
FIS, Fiserv or Infosys will be providing core processing software to Robinhood Bank once it receives authorisation.
Sumitomo Mitsui Trust Bank turns to Oracle FSS for tech modernisation
EXCLUSIVE: SMTB is modernising its core, lending and payments tech for corporate banking in Japan and abroad.
