Video: Top fintech stories this week – 28 August 2020
FinTech Futures’ weekly news round-up.
Consumer/Personal Finance
N26 “nearly” hits half a million US customer mark
“Over the past 12 months, we have learned a lot about our US customer base.”
US challenger for teens Copper lands $4.3m
The start-up has built an advisory board of teens.
2020 PayTech Awards hosted online by Zoe Lyons
Join our celebrity host Zoe Lyons for PayTech Awards 2020! Free broadcast on 10 September – everyone is welcome.
Goldman Sachs & Barclays among bidders for GM’s credit card business
GM’s credit card business has about $3 billion in outstanding balances.
Banks need a single brain
Every bank needs a single brain to anticipate the needs, wants and quirks of every customer.
The social-savvy wave of entrepreneurs
They will push traditional banks to pivot their offerings once again.
ABN Amro winds down savings arm of Moneyou
Moneyou has around 500,000 clients spread across the Netherlands and Germany.
US challenger Purple to tap America’s disabled community
The fintech allows users to receive disability benefits up to two days early.
Fintech funding rebounds in Q2 but deal numbers continue to fall
VC-backed fintech deals dived from 452 in Q1 to 397 in Q2.
Financial comparison marketplace Crediverso to launch in US for Latinos
Currently in beta, the 2019-founded start-up is yet to go live.
Google Pay to launch bank accounts in 2021 with flurry of partners
The US Big Tech announces another six of its banking partners.
Varo receives US national bank charter
Varo Bank will serve as the firm’s new banking arm, with Varo Money becoming its holding company.
US remittance start-up Remitly lands $85m
The remittance market is set to suffer from the pandemic.
Finsie to launch US price comparison service
The fintech launched its beta in July.
Robinhood lands $320m bumping valuation to $8.6bn
Its Series F stands at $600 million.
What the Fintech? Episode 9 | Open banking: entering the mainstream
Coconut CEO, Sam O’Connor, shares his insight on the Plaid and Finicity acquisitions.
US buy now, pay later fintech Sezzle in $60m raise on ASX
The start-up still needs to close $5 million.
Deutsche Bank faces $150m fine for Jeffrey Epstein ties
“The bank’s failure to recognise this risk constitutes a major compliance failure.”
Newly licensed RevoluPAY taps global remittance market
The fintech landed its PSD2 licence in Spain at the end of May.
LenderClose appoints Martina Schubert as its CTO
She joins LenderClose with more than 25 years in information technology leadership experience.
Financial text message platform Stackin’ lands $12.6m
The fintech says it has more than one million subscribers in just one year.
Budgeting strategies for government stimulus payments
Suggestions for how households could maximise the impact of their payments.
Banking Technology May 2020 issue out now
Hope springs eternal: discovering alternative lending in times of crisis.
Banking Technology April 2020 issue out now
All things equal: Closing the gender gap in fintech.
Video: Top fintech stories this week – 03 April 2020
FinTech Futures’ weekly news round-up.
Canadian financial planner Finally to launch in May
“People don’t want to tell strangers how bad they’re doing with their finances,” says founder.
Cyber-incidents are on the rise: What can your firm do to defend itself?
Senior management should ask themselves five key questions.
Global fintech funding: 2018 still stands as the reigning year
As of February 2020, year-over-year deal counts were down by 22%.
Banking Technology March 2020 issue out now
Keep calm and carry on: Where does COVID-19 leave the Chinese fintech market?
Video: Top fintech stories this week – 06 March 2020
FinTech Futures’ weekly news round-up.
Digital bank Stori raises $10m in Series A2 funding
Mexican challenger bank has also launched its credit card.
Video: Top fintech stories this week – 03 February 2020
FinTech Future’s weekly news round-up.
British & European fintechs set sail for the US
A wave of British and European fintechs are seeking a foothold in the US finserv market.
Video: Intellect Design Arena at MoneyLive London – an age of open infrastructure
Banesh Prabhu talks on FinTech Futures about open banking, legacy tech and CX.
Banking Technology February 2020 issue out now
Top dogs: The challenger bank success stories of 2019.
The end of technology…
It’s time to drop the words “digital” and “tech”.
Video: Top fintech stories this week – 24 January 2020
FinTech Future’s weekly news round-up.
Video: Top fintech stories this week – 17 January 2020
FinTech Future’s weekly news round-up.
Video: Top fintech stories this week – 11 January 2020
FinTech Future’s weekly news round-up.
