Credit Karma acquires US lendtech Approved
Making mobile mortgages happen in San Francisco and San Diego.
News
Cambodia Fintech Association launches
“Fintech start-ups are slowly but surely starting to surface in Cambodia.”
Coinbase acquires Distributed Systems for digital identity dream
Anonymity and privacy. Even when it comes to financial details.
UK challenger bank Monzo eyes $1.5bn valuation
Gearing up for a new funding round.
SFOX raises $23m funding for crypto asset management platform
Series A funding round led by Tribe Capital and Social Capital.
Top fintech stories this week – 17 August 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Starling Bank unveils first personal loan products
UK challenger offers unsecured loans through its app.
Canadian lendtech Progressa feeling progressive with $84m funding
Funding round co-led by Canaccord Genuity and Gravitas Securities.
TSB berated for banking blip
Bank says service went down for 30 minutes. Not all agree.
US savings start-up prizes its Grand entrance
Company offers prize-linked savings service and mobile app.
Temasek favouring fintech investment over US banks
Singapore-based firm sees it as a more profitable industry.
Industrial Bank goes live on Avaloq core banking system
Will be used for its Hong Kong branch’s private banking business.
Fosun feeds $5m to Israeli fintech platform The Floor
This marks Fosun’s second investment in Israel.
US blockchain platform Bravo Pay basks in beta mode
Firm offers a way to tip or pay without sharing personal info.
Amazon takes UK insurers on comparison ride
A price comparison site is rumoured to be in the works.
ID Finance revels in 97% revenue growth
No pain in Spain for data science and credit scoring firm.
Open banking platform Deposit Solutions gets $100m funding
Round led by private equity firm Vitruvian Partners.
Daon’s IdentityX helps New Zealanders create digital identities
New Zealand Department of Internal Affairs shows an interest.
Cardlytics hooks Wells Fargo as partner
Bank will launch Cardlytics Direct nationally and across all digital channels.
Lendtech trio win £2m prize to create better UK renting realm
Bud, Credit Ladder and RentalStep in step for Rent Recognition Challenge.
AAIS pilots open insurance data link on IBM Blockchain
American Association of Insurance Services looks to automate regulatory reporting.
UK start-up Betr Lend preps for launch
New online lending and credit card company looking for CTO.
Standard Bank’s online escrow service Shepherd meets its end
No explanation as to how or why from the South African bank.
FCA and CMA demand transparency in banking service quality
Asking banks to publish customer ratings.
Diebold Nixdorf looks for buyers
ATM services firm hires Credit Suisse and Evercore to help with potential sale.
Temenos and Luxhub’s API team get first client Fortuna Banque
Luxembourg-based cooperative bank looks at open banking.
ANIA leads insurance blockchain project in Italy
Insurtech innovation with Italian Association of Insurance Companies.
Intapp acquires DealCloud for CRM quest
Intapp also targeting capital markets sector.
Fintech journalist seeks £1m funding to stay in London
“Everyone else is getting funding. So why not me.”
TradeIt teams with IBM Cloud for Financial Services
Will help developers add universal brokerage functionality to financial apps, platforms, and websites.
HackerOne to US Marine Corps: we’ve got your six
Who defends the defenders in the US?
Payworks to power new POS tool for Bambora
Duo will launch Bambora Connect – for POS software providers and merchants.
Roostify crows about new Adapt mortgage tool
Adapt helps lenders who have complex workflows.
Central 1 gives a voice to banking with Alexa
Canada’s first banks to add voice controls.
UK start-up accelerator Buildily powers up for good causes
Will also donate 10% of its fees to micro-lender Lendwithcare.
CSI helps banks open up to APIs
Computer Services Inc’s new product embraces open banking.
Seasons FCU warms to Bankjoy’s digital banking
Connecticut credit union falls for mobile and digital banking tech.
Goldman Sachs leads Axoni’s $32m funding round
Blockchain technology firm basks in Series B round.
India’s Cosmos Bank stars in $13.5m hacking drama
Malware attack on its Swift and debit card payment systems.
Australian lendtech Tic:Toc rocks up $11.5m funding
Start-up making progress with digital home loan platform.
