ICYMI funding round-up: Airtm, Cushon, Stake, Clim8, Nordigen & ikigai
A quick summary of this week’s smaller funding rounds.
Financial Services/Finserv
2021 PayTech Awards hosted by Darren Harriott
Register for the free digital ceremony and networking on 8 July 2021.
Community bank-focused Synctera raises $33m in Series A round
Synctera aims to facilitate partnerships between community banks and fintechs.
United Fintech hires 14-year Goldman veteran to lead North American expansion
Mark Lawrence joins the scale-up to grow its business in the US and beyond.
BankingTech Awards 2021 – call for judges
An unrivalled opportunity to be on the forefront of fintech and banking tech innovation and gain exclusive insights.
The heart of the matter: customer-centric look at fintech
So much of what we conceive, discuss and celebrate is about tech. How often do we talk about actual customers?
Case study: Driving outcomes and getting value from production when security is paramount
Modulr uses the full Tyk API Management platform to securely and seamlessly form a layer in front of the Modulr API.
eBay split from PayPal for paying sellers comes into effect
In the pipeline for some time, the switch marks a final loosening of a long-term partnership.
FortisPay acquires EpicPay and Change Merchant Systems
US payments firm plans to create a unified platform combining all three.
Humans are messy things
Allow humans to be human and expect them to do the same for each other. And no, it’s not easy.
Video: fintech news pick of the week – HSBC, Klarna & Tandem
Top pick of news from the world of finance and tech in bitesize video format, twice a week.
Fintech funding deals globally 24-30 May 2021
Featuring Circle, Forter, Zeta, PaySend, and Agicap.
Chipper Cash raises $100m in SVB-led Series C round
Africa-focused P2P firm claims to be the continent’s most valuable start-up
Goldman Sachs leads $45m funding round in auto finance specialist MotoRefi
Funding follows strong growth over the last twelve months for US-based company.
Leveling the banking playing field for the masses
Banks should stop making assumptions about what different market segments of banked and underbanked need.
Stavvy raises $40m in record Series A funding for New England
Stavvy says it designs platforms to manage security risk and eliminate fragmentation.
Acorns heads for public listing with valuation of $2.2 billion
The US consumer finance subscription service is expected to have a valuation of $2.2 billion.
CNB&T signs Digital Onboarding Inc in plan to boost digital account take-up
The Texas-based bank is the latest signing for a platform that is intended to improve digital account opening rates.
Banking Technology June 2021 issue out now
The only one in the room: why diversity among executives is still a problem
Cybersecurity: doing better, together
Together, we can push each other further and improve the whole industry’s resilience and defences.
Put your brand at the heart of Sibos 2021
Discover marketing and editorial opportunities with our new Sibos Content Hub.
ICYMI funding round-up: Accelex, Pento, Fraudio, Curve & more
With the ever fast-paced nature of the fintech world, it’s easy to let announcements slip by from time to time.
Forter raises $300m in Series F to invest in fraud prevention tech
New York-based firm has raised $525 million in total since 2013 and is now valued at $3 billion.
HSBC bids goodbye to loss-making US division as profits move to Asia
HSBC has sold its mass-market retail banking ops to Citizens Bank and Cathay Bank.
B2B card specialist Clara gains $30m in Series A funding
The Mexico-based company is planning expansion in Latin America, starting with Brazil.
Belfius Bank adopts OpenSpan’s Mobile Security Suite to protect mobile customers from cybercrime
As cybercrime activity increases steeply, the Belgian bank has extended its relationship with the US specialist.
Experience-driven banking: experience enablers
A strategic choice whether you become a platform to enable experiences or you own experiences.
Webinar: Fintech at SaaS speed – navigating the scale and security challenge
The latest trends and techniques in SaaS security and the importance of a successful app protection strategy.
Klarna shuts app down after users report being logged into random accounts
Klarna CEO Sebastian Siemiatkowski: the glitch is “sad and frustrating”.
FinovateFall Supplement: be part of one of the biggest fintech events of the year
The perfect platform for your organisation to deliver a strong message to engaged fintech professionals.
AccessFintech hires Thought Machine’s Bujakowski as new CFO
New York fintech says new hire will support growth of its platform.
Monroe Capital selects Allvue Systems’ credit solutions suite
The Chicago-based asset manager is seeking to improve tracking of investment exposures and lines of credit.
The fallacy of compromise
In life, love and business: give it your all, fight, compromise but, whatever you do, know what you are getting into.
Video: pick of the week – “smishing” tech scam arrests; Figure Technologies raises $200m
A top pick of stories from the world of finance and tech in bitesize video format, twice a week.
Dear Luc: Does my fintech firm need ex-bankers to succeed?
This week our writer wonders if they should really be hiring ex-bankers for their executive committee.
Mission Lane acquires Honeydue to launch new debit card product
Honeydue has over 500,000 registered users in six countries and in three languages.
SoftBank pours $250 million into banking tech start-up Zeta
This Series C investment values the banking tech vendor Zeta at $1.45 billion.
Freedom of choice to build your dream bank
Digital core is not just a survival kit, it’s a silver bullet to help banks to compete and win.
Video: Infosys Finacle on adapting to business model innovation
We talk about how traditional banking models have become disrupted, and how consumer demands need new experiences
Resolve lands $60m to grow buy now, pay later B2B offering
Resolve was spun out from buy now, pay later (BNPL) company Affirm in 2019.
