Apple invests $25m to help underserved communities via fintech platform CNote
CNote has already started moving Apple’s money into the communities through its platform.
Financial Inclusion
Teen financial literacy app Wingocard shuts down
The Montreal-based fintech was founded in January 2020 and launched in May 2021.
Never having to be “the only”: the importance of representation in fintech
Representation is imperative for business success, and the fintech industry still has strides to make.
Latin American Bitcoin rewards credit card provider YoCripto readies for launch
YoCripto is on a mission to be the first in Latin America to offer a credit card with Bitcoin rewards.
UK credit fintech Pillar raises £13m pre-seed round
The round, led by Global Founders Capital and Backed VC, saw participation from a number of angels.
LatAm SME financial services platform Xepelin raises $111m Series B
The company operates in Mexico and Chile and has more than 450 employees spread throughout LatAm.
Another brick in the wall: how Bloom is helping teens build financial literacy skills
Bloom enables teenagers to start building wealth by investing in the stock market and learning about finances.
Fintech app for teens Copper secures $29m Series A
The latest round takes Copper’s total capital raised to date to $42.3 million.
Fintech start-up Valor set to launch in US for Latino and Hispanic communities
The company was founded by WePay alumni Parag Gupta (CEO) and Sankate Sharma (CTO).
The complexities of getting funds to the people who need them during a crisis
Moving money where it’s needed quickly, reliably, and cost-effectively is more important than ever.
FinTech Futures: Top five stories of the week – 22 April 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Canadian neolender QuadFi lands $100m financing facility
The facility will be used to provide personal loans to people with limited credit history.
ICYMI fintech funding round-up: Union54, Themis & Sawa
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Immigrant-focused fintech Welcome Tech raises $30m
The new funding brings the firm’s total capital raised to date to $70 million.
FinTech Futures: Top five stories of the week – 15 April 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
ICYMI fintech funding round-up: Winden, EximPe, Uplinq, ImaliPay & SwooshTransfer
Our weekly fintech round-up for you to get the latest funding news from around the world.
Video: Theo Lau at Finovate Europe 2022 – the future of AI in finance
FinTech Futures chats with Theo Lau about the use of AI in finance and future tech trends.
Savings and retirement wealthtech Lilly set to launch in US
Billed as “the world’s first retirement debit and credit card”, the service will cost from $5 a month.
How fintech can boost financial inclusion for Latin American SMBs
Fintech can give SMBs better access to financing to encourage progress and development.
Video: Morgan Stanley at Finovate Europe 2022 – driving financial inclusion
FinTech Futures chats with Morgan Stanley’s Sanghamitra Karra about the importance of financial inclusion.
How Welcome Tech is working to drive financial inclusion for immigrants in the US
FinTech Futures speaks to Amir Hemmat, co-founder and CEO of Welcome Tech.
Fintech start-up Stilt secures $114m in debt and equity funding
The firm raised $14m in a Series A funding round and secured a new $100m debt facility.
Payments for good – promoting financial inclusion
Vijay Oddiraju, CEO of Volante Technologies, looks at ways the payments industry can provide the rails for inclusiveness.
US fintechs Selfbook and Stellar raise funds
New York-based Selfbook landed $15 million, while Austin-based Stellar raised $7 million.
ICYMI fintech funding round-up: in3, Noh, PictureWealth, Touché, and Yep!
Our weekly fintech round-up for you to get the latest funding news from around the world.
A new world: Mission Lane on helping the underbanked build credit
FinTech Futures discusses financial inclusion in the US with Mission Lane CEO Shane Holdaway.
Banking Tech Awards 2022 now open for nominations
The awards are open to banks, financial institutions, technology and service providers, teams and individuals.
ICYMI fintech funding round-up: Blend, Canza, IMAN, NayaPay, NymCard, Plinqit, & Tiiik
Our weekly fintech round-up for you to get the latest funding news.
Wealthtech FNZ secures $1.4bn investment
The company says the investment is one of the largest ever primary equity raises in the sector.
ICYMI fintech funding round-up: Brick, Cynomi, Infina, Fintern, Pyypl, Streetbeat, Tiba, & more
Our weekly round-up for you to get the latest fintech funding news.
Lowering the ladder: how NY fintech Xrent plans to help millennials become homeowners
“We have seen a widening wealth gap trend without much sign of slowing down,” says Xrent.
B2B payments and financing platform Tribal lands $60m Series B to support LatAm expansion
Tribal says the Latin American region represents a $175 billion market opportunity.
Teaching AI to have a heart
Unpicking bias in AI is a whole new fintech opportunity and one that appears to be very needed.
Canadian fintech Koho lands $165m Series D funding
The firm says the investment is one of Canada’s largest fintech funding rounds.
New US debit card fintech Xrent aims to help renters get on the property ladder
The fintech’s ‘rent-to-mortgage’ programme is designed to direct rent payments toward homeownership.
Black-owned wealthtech start-up Esusu hits $1bn valuation following $130m Series B
Esusu is now one of just a handful of Black-owned unicorn start-ups in the world.
Garden of Eden: how Africa’s digital transformation promises to boost the continent
Demographics, technology and opportunity have set the stage for Africa to become a global fintech powerhouse.
Pinwheel raises $50m in Series B to help create “fairer financial system”
Pinwheel provides an API that allows businesses to connect payroll accounts to their applications.
De novo Agility Bank opts for Numerated’s loan origination platform
Numerated’s SaaS loan origination platform will support Agility’s business banking products.
Open banking – a new stage in financial inclusion
Open banking is getting more mature day by day, and it keeps financial inclusion among its top priorities.
