Swiss watchdog investigates Credit Suisse and UBS over Apple payments boycott
Alleged boycott of Apple Pay and Samsung Pay in favour of TWINT.
News
Lighter Capital increases funding limit to $3m
US firm will provide start-ups working capital in exchange for 2% to 8% of their business’ future revenue.
Prosper plans HELOC product launch in 2019
New digital Home Equity Line of Credit product is on the way.
Bain Capital Ventures nets $1bn funding for new round of tech bets
Its current portfolio includes companies focused on infrastructure software, security, commerce and fintech.
Capital markets software firm Genesis makes $3m funding revelation
Then fintech said: “Let there be light funding”; and there was light funding.
Cloud security firm Netskope is dope with $168m funding
Massive round led by Lightspeed Venture Partners.
UK’s Nationwide takes stake in financial manager Moneyhub
Building society’s investment gives it a minority stake.
MUFG and Bradesco create Ripple-s with new cross-border payment service
Planned service between Japan and Brazil will use Ripple’s technology.
Sandbox Express steams into Singapore’s fintech station
Monetary Authority of Singapore quickly thinks up pre-defined sandbox concept.
UK challenger CivilisedBank tries again for banking licence
Bank gets more funding for this attempt.
Paytech Poynt scores NAB points with $100m funding
Series C raise includes Elavon and National Australia Bank.
Pay.UK seeks better data for New Payments Architecture
Calling for fintech to contribute to its “Enhanced Data” project.
Personal finance app Fintonic links up with Amazon
“A new way of cooperating between the fintech sector and online distributors.”
Insurtech Anorak raises $6.5m in funding
Series A round led by Kamet Ventures.
Lendtech SoFi flying low as losses linger
US firm has lost money for the second consecutive quarter.
Cambodian paytech Clik-s with £2m funding
Round led by Limestone Technology and OpenWay.
Israel’s XM Cyber closes $22m funding
Series A round includes participation from Macquarie Capital and Nasdaq Ventures.
Russian banks to unleash first contactless ATMs
Sberbank and Russian Standard Bank launched in test mode, others to follow.
Singapore Exchange and regulator in cross-DLT settlement breakthrough
They have developed delivery versus payment capabilities for the settlement of tokenised assets.
Huawei battles for European banks’ trust
Chinese IT and telecoms giant has Santander as its flagship European customer.
Cashflow controller Fluidly gets $5m funding flow
Round led by Nyca Partners.
Fintech Inn 2018: why Lithuania has enlisted the Stig
All the best bits from the largest fintech event in the Baltic region.
Italian lendtech Credimi feeling dreamy with €10m funding
Gets investment funds from United Ventures and Vertis.
Singapore regulator preps $5bn for finance investment
Wants a “stronger platform for growth finance and infrastructure development”.
Southeast Asian consumer finance firm Akulaku gets $70m funding
Round includes support from Sequoia India and BlueSky Venture Capital.
Avaloq’s new venture capital fund aims for fintech Avalon
Banking tech provider plans new adventures with Avaloq Ventures.
ANNA Money, a business account that meows
The card makes the “purrfect” sound.
CYBG axes banking tech deal with ex-Barclays chief
Follows CYBG’s £1.7 billion takeover of Virgin Money.
Finablr takes majority stake in digital gifting firm Swych
Payments and foreign exchange solution platform boosts its stake in the firm.
Simple appoints former Amazon exec as CEO
David Hijirida is replacing Dickson Chu who was temporarily working as the interim CEO.
Focus Solutions unleashes wealthtech portal and hub
Hub unveiled with BITA Risk and Investment Software Limited.
Starling Bank’s £10m funding helps it make a stand to Monzo
As it prepares for a £80m round push.
Bank of England calls for payments messaging panel applicants
The panel will input into the implementation of ISO 20022.
SIX FinTech Ventures invests in Vestr and Shift Cryptosecurity
SIX’s Swiss venture fund makes first two fintech investments.
Marshall Islands take on Chinese might in crypto fight
President claims it’s a ploy to turn it into a “country within our own country”.
What a meanie! £20m compensation promise broken by UK lender Cash Genie
The failed firm fails again.
Mirror, mirror on the wall, is Singapore’s AI fairest of them all?
Regulator wants fairness, ethics, accountability and transparency.
Goldman Sachs acquires financial modelling firm ClearFactr
Bank boosts tech capabilities with purchase of one-man operation.
Bangladeshi lendtech ShopUp receives $1.62m investment
Automating online credit assessment for MSMEs.
Moneta first Czech bank in cloud
Tested prototype of app deployment in Amazon Web Services cloud.
