FinTech Futures: Top five news stories of the week – 20 December 2024
Our pick of the top fintech news stories this week includes FIS, Tyme Group, Affirm and more.
Lending
News, intelligence and resources on the global fintech industry including topics such as lending.
ICYMI fintech funding round-up: Sourcefin, Volume, Leap Financial, and Juicyway
A handy round-up of the recent funding endeavours of fintech companies across the globe.
2024 in review: the key fintech trends of the year
FinTech Futures reflects on the key trends and developments that shaped the fintech sector in 2024.
Zest AI lands $200m growth investment, eyes “high impact M&A opportunities”
The deal marks Insight Partners’ third and largest investment in Zest AI to date.
The What the FinTech? podcast | Season five’s jailed buzzwords
We run down all the buzzwords our podcast guests wanted gone from the industry this year.
US BNPL fintech Affirm secures $4bn capital partnership with Sixth Street
The deal is the largest capital commitment Affirm has secured to date.
US financial health fintech Brigit acquired by Upbound Group in deal worth up to $460m
Founders Zuben Mathews and Hamel Kothari will continue to lead the company as a “business segment” of Upbound.
Habib Bank AG Zurich selects nCino platform to power UK buy-to-let lending business
HBZ UK will deploy nCino’s Cloud Banking platform as part of the partnership.
Mexico’s Klar acquires assets of B2B payments and financing platform Tribal
The deal includes Tribal’s payment and financing solutions, business intelligence tools and risk models.
Pipe strengthens leadership team with four key appointments
Nate Wiger has been named as CTO and Claurelle Rakipovic as CPO.
Solidarity Community Federal Credit Union partners Mahalo Banking for digital banking upgrade
Mahalo’s online banking tech will integrate directly with the credit union’s Corelation Keystone core banking system.
Mexican fintech start-up R2 secures $50m debt facility and $9m in fresh equity
The equity injection is an extension of the company’s $15 million Series A round from 2022.
FinTech Futures: Top five news stories of the week – 29 November 2024
Our pick of the top fintech news stories this week includes HSBC, Garanti BBVA, Monzo and more.
ICYMI fintech funding round-up: Habitto, Norbr, Tembo, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
November 2024: Top five fintech funding rounds of the month
FinTech Futures takes a look back at five of the top funding rounds to take place over November.
November 2024: Top five payments stories of the month
FinTech Futures takes a look back at five of the top payments stories from November.
November 2024: Top five AI stories of the month
FinTech Futures takes a look back at five of the top AI stories from November.
Ally Financial reportedly considering sale of credit card business
Ally Financial first acquired the business, then known as Fair Square Financial, for $750 million in 2021.
Moody’s expands lending tech suite with acquisition of Numerated Growth Technologies
Moody’s has maintained a partnership with Numerated since January this year.
PayTech Awards 2025 now open for entries
Nominations for the PayTech Awards 2025 are now open, with the deadline for entries set for 14 March.
FinTech Futures: Top five news stories of the week – 15 November 2024
Our pick of the top fintech news stories this week includes Klarna, Ualá, Visa and more.
Mesa debuts homeowners credit card, offering rewards on mortgage and home expenses
The card allows customers to earn ‘Mesa Points’ on mortgage repayments and home-related purchases.
Klarna picks New York for upcoming IPO
Klarna has not yet disclosed the number of shares or expected price range of the offering.
Prodigy Finance inks $310m funding facility with US DFC for cross-border student loans
Prodigy previously sourced a $250 million facility with the DFC in 2020.
Banking Technology Magazine November 2024 issue out now
Cover story: GOING GREEN – Why sustainable finance is vital.
FinTech Futures: Top five news stories of the week – 8 November 2024
Our pick of the top fintech news stories this week includes Bank of New Zealand, Airwallex, Griffin and more.
ICYMI fintech funding round-up: Groov, Fundcraft, VibePay, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
FTC takes action against US neobank Dave for allegedly “using misleading marketing”
In a statement, Dave says it intends to “vigorously defend ourselves”.
BNPL lender Sunbit lands $355m debt warehouse facility
This is Sunbit’s second debt warehouse facility in 2024, following its $310 million deal in January.
US BNPL fintech Affirm launches pay-over-time options for UK consumers
Affirm’s UK country manager Ruth Spratt says the UK is “the perfect place for the next phase of Affirm’s journey”.
US lender PowerPay lands $60m corporate bond led by KeyBank
PowerPay claims to have processed over $8 billion in loans since its inception in 2017.
Kapitus snaps up Ten Oaks Commercial Capital, launches equipment financing arm
Kapitus serves as a direct lender and marketplace, providing over $6.5 billion to nearly 55,000 businesses.
October 2024: Top five fintech partnership stories of the month
FinTech Futures takes a look back at five of the top fintech partnership stories of the month.
October 2024: Top five core banking stories of the month
FinTech Futures takes a look back at five of the top core banking stories of the month.
FinTech Futures: Top five news stories of the week – 25 October 2024
Our pick of the top fintech news stories this week includes Afin Bank, Zip, Socure and more.
ICYMI fintech funding round-up: Authologic, Klasha, CardFlight, and Salt
A handy round-up of the recent funding endeavours of fintech companies across the globe.
EquiLend names former ION head Rich Grossi as new CEO
Grossi has previously served as CEO of Openlink Financial and ION Corporates.
Tompkins Community Bank deploys NCR Atleos’ ATM-as-a-Service
NCR Atleos will now handle all management and processing for Tompkins’ self-service channels.
FinTech Futures: Top five news stories of the week – 18 October 2024
Our pick of the top fintech news stories this week includes TD Bank, Barclays, Klarna and more.
Philadelphia’s Citadel Federal Credit Union agrees to pay $6.5m to settle allegations of redlining
This settlement is the DOJ’s first redlining resolution with a credit union.
