Fintech funding round-up: 21 March 2018
Features M-BIRR, Funding Xchange, MarketInvoice, Digital Reasoning and regtech bouncer Enforcd.
Lending
Ellie Mae to power loan data and documents delivery for Pacific Union
Ellie Mae has teamed up with government lender Pacific Union Financial.
BlueVine and Veem: SME financing meets cross-border payments
New partnership to enable small business owners to save on international payments.
Kapow! Kofax to power Spotcap’s credit assessment algorithm
SME financing provider Spotcap has implemented Kofax’s Kapow robotic process automation (RPA) software.
R3 powers Credit Suisse and ING live securities lending transaction debut
First live transaction using HQLAx’s securities lending app on R3’s Corda blockchain platform.
ID Finance brings behavioural biometrics to fraud fight
Barcelona-based firm incorporating biometrics into its AI-based fraud scoring engine.
US Bank and AutoGravity team to “revolutionise” digital car buying
Giving those looking for auto financing a straightforward process and a loan decision within minutes.
Fintech funding round-up: 21 February 2018
Stars Anyfin, CivilisedBank, Greenlight Financial Technology, Even Financial and Wealthsimple.
Fintech funding round-up: 20 February 2018
Features SETL, AND Global, LendMN and Augmentum Fintech.
Lendtech Roostify lands $25m to disrupt mortgage industry
Roostify’s Series B funding round comes from new and existing investors.
Amazon teams with Bank of America for lendtech leap
Looking to expand its lendtech programme for small businesses that sell on Amazon’s websites.
Fintech funding round-up: 12 February 2018
Featuring YapStone, Stash, Moneyfellows and Lendingkart.
Warburg Pincus buys majority stake in Fiserv lending business for $395m
Warburg Pincus is busy again with the acquisition of a 55% share.
Coupa Software teams up with Tuition.io
Business spend management platform partners with Los Angeles-based fintech.
Top fintech stories this week – 02 February 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
SoFi reportedly cutting 65 jobs from mortgage division
The Wall Street Journal reports the firm is looking to make its mortgage process more automated.
Salesforce invests in nCino
Cloud-based banking tech vendor nCino has reeled in investment from Salesforce Ventures.
StreetShares brings in $23m in equity funding
StreetShares has landed $23 million in equity funding, bringing total investment to $43 million.
Fintech funding round-up: 19 January 2018
Stars Varo Money, OakNorth Bank, NetPay and ISME ACE.
Banking tech round-up: 19 January 2018
Featuring Fiserv, HSLC, Zürcher Kantonalbank, Contovista, Piraeus Bank, Intellect Design Arena and Bank of Baroda.
Fintech funding round-up: 10 January 2018
Starring Mylo Financial Technologies, Goji and Collibra.
CIBC acquires Wellington Financial for lendtech push
Buys loan assets as it seeks to strengthen its presence in North America.
Fintech funding round-up: 8 January 2018
Features IBM, Comcast, MState, Early Salary, Previse and Dinghy.
Funding Circle eyeing £1bn IPO
The firm is preparing to go public and plans to have advisors put in place to oversee.
Top five lendtech stories in 2017
Lend us your time, with a quick look at 2017 with Banking Technology’s top five lendtech stories.
nCino brings its Bank Operating System to world’s largest credit union
US-based Navy Federal Credit Union (NFCU) opts for nCino’s Bank Operating System.
Fintech funding round-up: 19 December 2017
Features Softbank, Lemonade, Amazon, Capital Float and Delio.
Fintech funding round-up: 30 November 2017
Quickly following on from Tuesday’s (28 November) funding round-up, here are more stories from a cash-drenched world. Features 1QB Information Technologies, FinTecSystems, Betalo, Nordea and Constellation Digital Partners. 1QB Information Technologies (1QBit), a quantum computing firm based in Vancouver, has closed a CA$45 million ($34.9 million) Series B round comprising equity and revenue contracts. This […]
Fintech funding round-up: 28 November 2017
No slowing down when it comes to the fintech funding action and this week we’ve got three of the latest stories for another ever-informative round-up. Featuring MoneyMe, TreasuryXpress and Chip.
Payments round-up: 23 November 2017
Coming straight after yesterday’s (22 November) summary, we present another brief payments round-up. Features Starling Bank and Yoyo Wallet getting loyal; chatty PayPal and Facebook Messenger; token time with Sequent and Interac; and Wirecard working with Capital Float in India. UK challenger bank Starling has teamed with Yoyo Wallet, a mobile payment and loyalty marketing […]
ING has a thing for data analytics
ING Wholesale Banking has set out its plans to increase investments in data analytics and put more resources into Asia and the Americas. It’s very early days as its ambitions and goals offer no real specifics. Stats and timelines are like good service in shops in the UK – i.e. almost nowhere to be seen. […]
Fintech funding round-up: 20 November 2017
Coming straight after Friday’s (17 November) fintech funding action, here’s another round-up. Features Xiaomi’s interest in India, Bamboo Capital Partners, First Access, Allied Irish Banks and TransferMate. Chinese phone and appliances maker Xiaomi plans to invest around $1 billion in 100 start-ups in India over the next five years, according to chief executive Lei Jun […]
Fintech funding round-up: 17 November 2017
Following on from yesterday’s (16 November) fintech funding fun, here’s another summary. Features Flender, Tipigo Ventures, India Accelerator, Kuants, Sumeru and a handy $2 billion in Singapore. Return to Flender. Address known. As reported in May, peer-to-peer lending start-up Flender was seeking to get €1 million in funding and is targeting a UK launch after […]
BNP Paribas and Caple make European SME credit capable
BNP Paribas Asset Management (BNPP AM) has acquired a 10% stake in European credit provider Caple, allowing for a partnership to offer alternative credit to European small and medium-sized enterprises (SMEs).
Fintech funding round-up: 9 November 2017
Briskly following yesterday’s (8 November) and Tuesday’s (7 November) fintech funding round-ups, here’s more brief news action. Features WeLab, FinMkt and FriendlyScore. Hong Kong’s lending platform WeLab has raised $220 million of combined Series B+ equity and debt financing – and has won the backing of the Alibaba Hong Kong Entrepreneurs Fund, International Finance Corporation (IFC) […]
Fintech funding round-up: 2 November 2017
The money rolls for all you fintech souls. Our latest funding round-up features TransferWise, Lendified and Glint. Let’s begin with a big one. TransferWise has got $280 million in a Series E round led by asset management company Old Mutual Global Investors and Silicon Valley VC firm IVP. A source speaking to TechCrunch and “close to […]
Map: fintech landscape
A very detailed map of the current fintech landscape, produced by VentureBeat, listing hundreds of companies in the banking, payments, investments, financing, insurance, infrastructure and enabling technologies verticals.
Roostify launches decision builder
Decision Builder, the latest solution from mortgage tech innovator Roostify, will give lenders the ability to provide loan applications with a clear, easy-to-understand view of all the borrower’s loan options – based on the lender’s actual product and pricing system.
Castle Trust in mortgage tech modernisation project with Phoebus Software
Castle Trust has appointed Phoebus Software for all of its mortgage servicing, allowing to “significantly” reduce the time and cost it takes to service its mortgage book.
Finicity teams with DataVerify
Data aggregation and insights company Finicity has integrated with risk mitigation firm DataVerify to offer mortgage lenders real-time borrower asset verification.
