San Fran alternative lender Oportun applies for banking charter
Oportun currently has licences in 12 states.
Financial Inclusion
Be Money rebrands as Daylight in preparation for US launch
Daylight promises a range of LGBTQ+ services to support its customers.
Banking Technology November 2020 issue out now
Without limits: The Barclays accelerator races ahead
Supporting a changing workforce: real-time payments and the gig economy
Instant access by gig workers to their pay will create a healthier and more sustainable gig economy in the long-term.
Future economic relief should care for more families
Deserving families have continued to be unfairly excluded from government relief throughout the COVID-19 crisis.
Bank of America teams up with Black-owned Unity bank
BoA has acquired approximately 5% of the bank’s common equity.
Argentina’s money management app Ualá launches in Mexico
“It’s a much better product than we had in Argentina [upon launch],” says the CEO.
Merger creates largest Black-owned US bank
City First Bank in Washington and Broadway Federal Bank in Los Angeles are merging.
US credit fintech for minorities Esusu lands £2.3m
More than 5,000 renters in the US have applied for Esusu.
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.
Commonwealth collaborates with JP Morgan on emerging tech
The initiative will focus on helping lower- and moderate-income people’s financial lives.
The social-savvy wave of entrepreneurs
They will push traditional banks to pivot their offerings once again.
US Bank commits $1.15m to Black-led partners to “close racial gaps”
Some 15 partners will receive grants from $50,000 to $100,000.
US challenger Purple to tap America’s disabled community
The fintech allows users to receive disability benefits up to two days early.
Responsible subprime auto lending through AI
This math is at the root of a very basic truth: opportunity is not distributed equally in America.
Financial comparison marketplace Crediverso to launch in US for Latinos
Currently in beta, the 2019-founded start-up is yet to go live.
US remittance start-up Remitly lands $85m
The remittance market is set to suffer from the pandemic.
True Link lands $35m in Series B investment
The fintech’s valuation sits at around $115 million.
Can behavioural banking drive financial literacy and inclusion?
How are banks prepared to promote financial literacy for millennials and especially Gen Z?
Stock trading apps are booming, but what about the education gap?
Are fintechs just “paying lip service” to education?
Bond bags $32m from Coatue, Goldman Sachs and Mastercard
Bond’s offering is based on “developer-focused” applications.
Banking Technology July/August 2020 issue out now
Unlocking the benefits of open banking.
Be Money looks to tap America’s 11m LGBT+ community
The start-up is planning to set up shop in Los Angeles.
Banking Tech Awards 2020 now open for entries!
The awards are open to banks, financial institutions, technology and service providers, teams and individuals.
Locked out of Europe: fintechs holding the key to financial inclusion of refugees
Fintechs could, in principle, fill the void left by the large incumbents.
What kind of workplace ally are you?
Allyship means valuing people with different experiences from your own.
Streamlining remittance, empowering migrant workers & driving inclusion worldwide
The ability to send money home is critical, but not always easy for migrant workers.
Lifetise launches app to assist self-employed with finance support amid COVID-19
It quickly determines the government support options available to them.
How to shift gender balance in fintech
More than a third of fintechs in our sample did not have a single woman on their board.
PayTech Awards deadline extended! Submit your entry by 30 April
We have received more requests for extensions than ever before, so we are extending the entry deadline again until the end of April.
Visa pours $210m into the coronavirus effort to help SMEs
Visa will split the money between NGOs and investment partners.
Banking Technology April 2020 issue out now
All things equal: Closing the gender gap in fintech.
PayTech Awards deadline extended! Submit your entry by 10 April
Premier awards for banks, financial, payment & e-commerce institutions, paytech vendors, individuals & teams!
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.
Remaking traditions to reinvent industries
Innovation and the need for diversity.
Video: Top fintech stories this week – 20 March 2020
FinTech Futures’ weekly news round-up.
Video: Hot-seat with Steven Marshall, CCO of Crown Agents Bank
He reveals how a legacy institution can stay relevant and adapt in this digital wave.
Finovate Podcast: Episodes 21-30
The Finovate Podcast is a short, interview-based podcast featuring conversations from fintech’s elite innovators and influencers. For more than a decade, the global event series has brought together tens of thousands of people from across the fintech spectrum to see cutting-edge technologies. Now you can find out what goes on behind the scenes, as key influencers and […]
Challenger bank Copper latest to tap America’s teens
Copper is yet to reveal its launch date but has opened a waiting list to teens.
