ProducePay raises $43million, searches for “rockstar” CTO
The start-up aims to disrupt the “opaque, fragmented, and dominated by manual processes” fresh produce market.
Financial Services/Finserv
Customers Bank plans blockchain-based payments with Tassat
US-based Customers Bank aims to tokenise USD payments with Tassat’s tech.
DailyPay raises $500 million of capital “to transform the financial system”
$175 million came from its Series D equity round and $325 million was credit capital from various sources.
Investment fintech Pipe rakes in $250m from oversubscribed venture round
Pipe says the round was oversubscribed by $100 million.
Catch up in the cloud – regulatory reaction to COVID-19
What are the regulators doing to keep track with the acceleration of digital in banking?
Fintech funding deals globally 17-23 May 2021
Featuring Trade Republic, Pine Labs, Figure, DailyPay, and Sunbit.
Webinar: AI – the future of content management in financial services
Learn hows, whys, and wherefores when it comes to the effective deployment of AI in your organisation.
New York wealthtech Vise raises $65m, hits $1bn valuation
The platform is on a “mission of creating financial freedom for everyone”.
Figure Technologies raises $200 million to reach $3.2 billion valuation
Figure uses Provenance, a public, open source, permissionless, decentralised blockchain.
Privacy.com raises $43m and rebrands as Lithic
Lithic has raised a total of $61m to date and has issued over ten million cards.
ComplyAdvantage extends funding round with Goldman Sachs investment
The funding is an extension of its Series C funding round from July 2020.
Emerging innovations that will define the future of payments
Exploring how the payments industry is moving towards a seamless, transparent and instant future.
Video: Top fintech stories this week – 20 May 2021
The FinTech Futures weekly round-up of the industry’s top stories and happenings from across the globe.
What the Fintech? | S.2 Episode 11 | Introducing inclusivity
James Herbert, founder and CEO of Hastee, joins us on this latest episode of the What the Fintech? podcast.
ICYMI funding round-up: OptioPay, Payslip, Mamo, Telda, StudentFinance, Algbra
An ‘In Case You Missed It’ (ICYMI) list of funding picks.
US Century Bank picks NCR digital banking platform
$1.4 billion-asset bank impressed by “consistent” look and feel.
CleverCards to gain EMI licence via M&A, raises Facebook exec-led €10m round
Gareth Lambe, head of Facebook Ireland, has invested in CleverCards.
Baking in the right values from the start
Stick to your values and beliefs and do the right thing by both your people and your client.
Wintersmith
A lot of businesses & software projects aim to be Disney princesses but end up as “a bit of a Frankenstein”.
Amount raises $99m Series D to reach unicorn status
US fintech counts HSBC, TD Bank, and Barclays among its customers.
HSBC launches multi-currency business wallet to rival fintech providers
HSBC says businesses can “pay like a local”.
Navigating a cyber-normal world
We live in a world where simply clicking on a link means ‘game over’.
What is SDR and how is its value calculated?
The Special Drawing Rights (SDR) is an international unit of account created by the International Monetary Fund.
Planning your payments for infrastructure modernisation
Preparing to modernise your payments infrastructure is similar to building a travel itinerary for a trip.
Executive checklist: Hybrid cloud infrastructure for payments
Questions to consider as you evaluate a hybrid cloud implementation.
Analyst paper: Payments modernisation in retail banking
Re-evaluating current infrastructure and payments capabilities at banks has become necessary.
Stripe acquires card verification fintech Bouncer
Both Bouncer’s team and its technology will join Stripe.
Treasury Prime raises $20m in Series B cash to fuel BaaS expansion
The firm anticipates a rise in demand for its services in 2021.
Fintech funding deals globally 10-16 May 2021
Featuring Gojek, Ethos, CloudWalk, Yuanbao, and Athena.
Video: pick of the week – Bahrain to pilot digital currency; Facebook shifts crypto venture to US
A top pick of stories from the world of finance and tech in bitesize video format, twice a week.
Shortlist announced for PayTech Awards 2021
Register for the digital gala and networking on 8 July 2021 – it’s free to attend and open to everyone.
Silicon Valley Bank inks payments processing deal with Modern Treasury
Agreement will provide processing for SVB’s clients.
US Bank and Plaid sign API integration deal
US Bank customers will use Plaid APIs to connect to third party services.
State of play: digital wallets / super apps
What does it take for a digital wallet to achieve the “super app” status?
Design as a strategic superpower in banking
Design-led change is a collaborative process in which personal relations are a key driver.
ICYMI funding round-up: Mavience, VitraCash, KogoPay & more
We round up another selection of deals you may have missed.
PayPal deepens Google Cloud relationship with new infrastructure deal
Google Cloud to help PayPal process transactional data “at massive scale”.
Google Pay dips toe in cross-border market with Western Union, Wise
India, Singapore, and the US to be first countries trialled for remittances switch.
For many CFOs, the time is now to embrace AI for cash forecasting
An opportunity to introduce new tiers of speed and agility and to enhance finance teams’ value to the organisation.
Dear Luc: Should I offer multi-currency accounts to cover post-pandemic travel?
As the world opens up, our writer asks if multi-currency accounts are a necessity, and how to offer them.
