Shortlist announced for Banking Tech Awards USA 2022
Congratulations to all of this year’s finalists.
Innovation
Platformification: a reality and strong value add
How platformification benefits the financial institution and end customer alike.
Tech giant Apple snaps up UK open banking firm Credit Kudos
Credit Kudos leverages machine learning to provide lenders an alternative to traditional credit scores.
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.
Capital markets fintech Capitolis raises $110m Series D funding
Former UK chancellor George Osborne has joined the company’s board.
The evolving cyber threat landscape in 2022 and how fintechs can mitigate risk
Companies that operate in the financial services/fintech arena are, of course, top targets for cybercriminals.
FinTech Futures: Top five stories of the week – 25 March 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Construction focused US fintechs CoFi and Handle raise funding
CoFi and Handle have raised $7 million and $10 million, respectively.
Mizuho partners Google Cloud to power digital transformation
MFG says it is working with Google Cloud to deliver on the evolving needs of its customers.
US start-up Ramp reaches $8.1bn valuation with fresh $750m funding
Ramp’s raise included $200 million in fresh equity funding and $550 million in debt financing.
Banking for net-zero homes
Banks can make a significant difference to the planet, to their customers, and ultimately to their bottom line.
White paper: Three ways to improve branch performance with workforce optimisation strategies
Ensuring that your branch workforce is optimised is an essential part of managing today’s challenging banking environment.
Banking app Dave partners FTX US to explore crypto payments
The partnership will see FTX Ventures, the venture fund arm of FTX Trading, invest $100 million in Dave.
What the FinTech? | S.3 Episode 3 | Lending a hand
In this episode, we’re joined by Bill Verhelle, CEO and founder of QuickFi.
Finovate Europe 2022: fintech investment trends – where’s the smart money going?
Investment professionals from Citi Ventures, Albion VC and Finch Capital discussed the ‘next big thing’ in fintech.
Who owns the client?
Change the way you book revenue and you’ve transformed the way clients are treated forever.
E-commerce paytech Reach lands $30m growth investment
The round, led by Vistara Growth, saw participation from Bluesky Equities, Tribune Capital and Rising Tide.
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.
A history lesson: what’s holding fintech back?
When boardrooms and C-suites represent the rich diversity of the broader population, companies perform better.
How to tell if an organisation is greenwashing – and how to avoid doing it yourself
Learning to market ethically is a journey you need to own.
Bond.AI makes senior tech hires with new CTO and head of technology
The firm has recruited Kent Llewelyn from TAB Bank and Accenture/Cognizant veteran Amit Dhongde.
Bank of Canada and MIT kick off central bank digital currency research project
The one-year initiative will form part of the central bank’s research into digital currencies and fintech.
Citibank’s digital asset group leaders quit to set up new crypto venture
Alex Kriete and Greg Girasole say more details will follow in the coming weeks.
Making the world an ‘appier place
The outlook for apps is a happy one, and brands are finally starting to lean into their potential.
Revenue-based financing platform Novel Capital raises $115m in equity and debt funding
Novel Capital allows entrepreneurs to leverage their recurring revenue to access non-dilutive capital.
Blockchain firm ConsenSys lands $450m Series D funding
Temasek, SoftBank Vision Fund 2 and Microsoft all contributed to the latest funding round.
Unbanked goes crowdfunding to build global bank on blockchain
Unbanked has attracted nearly $1.5 million from 1,500+ investors so far. The round closes on 26 April.
State of play: fintech and telco
How we pay, what we pay, and who we pay is changing, and telco firms are well positioned to take advantage.
Today is just Thursday, and that’s the point
Stand up for something. Stand for something. And tomorrow, do it again.
Rutter raises $27m in Series A to become “Plaid of commerce”
Rutter’s $27 million Series A funding round was led by Andreessen Horowitz.
Cybersecurity firm Axonius valued at $2.6bn following $200m Series E
Founded in 2017, Axonius has now raised a total of $395 million to date.
Fintech app Curve launches in US, loses COO
Curve launched in 2018 and has already spread to 31 markets across the globe.
US banking technology provider Bankjoy hires André Jones as VP of operations
Jones brings 17 years worth of management experience to the Detroit-based firm.
Growth financing platform Capchase raises $80m Series B funding
Capchase CEO says funding businesses “is not a one-size-fits-all approach anymore”.
What The Beatles can teach us about open banking payment adoption
Open banking payments globally look set to have their own ‘Beatlemania’ moment.
US fintechs Selfbook and Stellar raise funds
New York-based Selfbook landed $15 million, while Austin-based Stellar raised $7 million.
Zeta partners Mastercard to shake up credit card issuance
The payments giant has also invested $30 million, alongside other investors, into Zeta.
Oklahoma’s First National Bank & Trust taps CSI for core banking upgrade
The bank will deploy CSI’s NuPoint core banking platform.
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.
US payroll platform Branch closes $75m Series C round
Branch claims its workforce payments platform revenue grew by more than 700% over the last year.
