FinTech Futures: Top five stories of the week – 24 February 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Challenger Bank
State of play: neobanks
Neobanks as a sector are now approaching their teenage years and quickly maturing.
North America fintech funding round-up: Vexi, Comun, ModernFi & more
A round-up of the latest funding endeavours of fintech start-ups from across North America.
What the FinTech? | S.4 Episode 2 | Space Bank and financial inclusion
In this episode, we’re joined by Nika Kurdiani, deputy CEO at TBC Bank and CEO of Space International.
Cartoon: À la carte
A new cartoon illustrating how the drop in VC money may result in new fintech start-ups being acquired.
Why change your core?
If you treat core transformation like a standard large project, your chances of success are slim.
Banking Technology Magazine February 2023 issue out now
Cover story: HAPPY DAZE – Banking for cannabis businesses boosted.
JP Morgan reportedly planning German digital bank offering
The launch is set for late 2024 or early 2025, Bloomberg reports.
New digital bank greenpenny opts for Jack Henry’s tech
Greenpenny is a start-up bank in the US focused on sustainable energy and powered by Decorah Bank & Trust.
2023: the final countdown for incumbents versus challengers
If incumbents fail to adapt in 2023, challengers could gain the lion’s share of the market once and for all.
CFPB outlines public registry proposal for nonbank terms and conditions
Firms would need to submit information on terms and conditions that “waive or limit” consumer rights.
Challenger bank N26 sees changes in leadership structure
N26’s CFO and interim COO Jan Kemper has jointly agreed with the bank to step down from his role.
Top five fintechs and neobanks of 2022
FinTech Futures takes a look back at some of the year’s top new fintechs and neobanks.
Banking Technology Magazine Dec 2022 / Jan 2023 issue out now
Cover story: THE BEST OF BANKING TECH – Winners and pictures from an amazing night.
Getting banked: financial services and the US cannabis industry
We chat with Michael Beird of Infused Banking about how banking is changing for US cannabis businesses.
North America fintech funding round-up: Syncfy, Totem and more
Our weekly fintech round-up for you to get the latest funding news from across North America.
US challenger bank Greenwood secures $45m funding
The latest round brings the total capital raised by the challenger to $88 million to date.
Climate First Bancorp acquires ESG data platform Ecountabl
Ecountabl indexes data on more than 10,000 companies, analysing their ESG performance.
Not all banks are created equal
Digital banks are setting themselves apart from the incumbents and ushering in a new age in banking.
Fintechs Pleo, Chime and Chargebee cut jobs as economic uncertainty bites
The three firms join an ever-increasing list of fintechs hit by the current economic volatility and uncertainty.
Ashman selects nCino to power its real estate lending solution
The UK challenger will deploy nCino’s cloud-based Bank Operating System.
US challenger Zenus picks Finxact to power its “global banking platform”
Finxact will join Microsoft and HSO, a business network and cloud consultancy, in delivering the platform.
US digital bank Green Dot fires CEO, appoints George Gresham as replacement
Dan Henry has been terminated as CEO and president of the company and resigned from the board as of 14 October.
NorthOne bags $67m in Series B funding round
The new capital takes NorthOne’s total funding raised to date to more than $90 million.
Teen financial platform Step lands $300m in debt funding
The new funding brings the total capital raised by Step to $500 million in equity and debt.
FinTech Futures: Top five stories of the week – 7 October 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Banking Technology Magazine October 2022 issue out now
Cover story: INVESTING IN THE FUTURE – Putting money in the right places.
ICYMI fintech funding round-up: Vance, Solvento and Jingle Pay
Our weekly fintech round-up for you to get the latest funding news from around the world.
What the FinTech? | S.3 Episode 14 | How team work makes the dream work
In this episode, we’re joined by Gabriele Columbro, founder and executive director of FINOS.
Apiture partners Newtek to provide digital banking services to businesses
The Apiture Digital Banking Platform will provide business banking and account opening solutions.
New “hybrid” banking app Dexy gears up for launch in the US
Founded this year and based in Miami, Florida, Dexy is currently waitlisting applicants.
Battle Financial taps Savana for upcoming digital bank offering
Pending regulatory approval, Battle Bank is expected to launch in early 2023.
Stash goes live with self-built core banking system Stash Core
Stash partnered with Stride Bank, Mastercard, Marqeta, Mambu and Alloy, among others, to develop Stash Core.
FinTech Futures: Top five stories of the week – 16 September 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
US digital bank for migrants Majority lands $37.5m Series B
Majority says it will deploy the new funds towards enhancing its suite of essential services.
Former Citi banking veteran joins leadership team of challenger bank Zolve
Freiberg was co-chairman and CEO of Citigroup’s global consumer group for three decades.
Are challenger banks now facing challengers of their own?
For the first time in their short history, the challengers are now being challenged themselves.
Banking Technology Magazine September 2022 issue out now
Cover story: MONEY PUZZLE – Helping US arrivals get on track financially.
Banking Tech Awards USA 2022 Winners Supplement out now
People, projects & products that demonstrated stellar results, genuine innovation and had a tangible impact.
What the FinTech? | S.3 Episode 12 | Tackling the challenges for challenger banks
In this episode of the podcast, we’re joined by Kim Symmons, head of design at UK business bank Mettle.
