Housing fintech Tomo raises $70m in Seed funding
Tomo aims to “digitise the homebuying experience”.
Payments
Maroo launches in US to spread the cost of weddings
New fintech offers wedding payment plans for up to 24 months.
Orum lands $56m in Series B funding round
The firm claims it has now raised over $82 million in total.
FINRA orders Robinhood to pay $70m penalty for “false and misleading information”
The sanction is the largest financial penalty issued by the regulator.
Six global banks endorse Swift’s new platform for international payments flows
The transaction management platform is set to launch in November 2022.
Digital mortgage platform Accept.inc raises $90m
US-based firm plans to expand its “iLender” concept.
USAlliance Financial picks FIS Payments One to enhance card processing
New York-based credit union aims to boost credit and debit card ops.
ICYMI funding round-up: LOQR, MOCA Financial, Bueno Finance, Glint Pay & more
Another batch of funding rounds that could have flown under your radar.
Afterpay hires Mastercard exec Khoja to lead North American expansion
Zahir Khoja joins at a time of “rapid market expansion” for Afterpay.
Visa to acquire open banking platform Tink in €1.8bn deal
Visa hopes to “help accelerate the adoption of open banking in Europe”.
US investment app Stash acquires financial literacy platform PayGrade
Stash plans to “quickly expand” its new acquisition.
What the Fintech? | S.2 Episode 14 | The hidden value of remittances
Vroon Modgill, CEO and founder of Sokin, joins us on this latest episode of the What the Fintech? podcast.
Analyst report: Expectation versus reality for payments data monetisation
Identifying the data-led services that corporates want. Download for free!
Migrant banking start-up Majority raises $19m in seed funding
The firm offers a mobile banking service for migrants across the US.
Video: fintech news pick of the week – Wise, Société Générale & BBVA
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Fintech funding deals globally 14 June – 20 June 2021
Featuring Ebanx, ThinCats, Guideline, Bunq, and 10x.
Raisin lands first US partner bank with Dallas-based MapleMark
German fintech makes headway after 18 months of preparation.
Dutch fintech Mollie raises $800m in Series C round
The investment takes the company’s total valuation to $6.5 billion.
US banking start-up Novo lands $40m in Series A round
It aims to use the investment to scale its banking platform for small businesses.
Super intelligence as the future of financial services
A summary of the key insights from the Huawei Intelligent Finance Summit 2021.
ICYMI funding round-up: Upflow, TRM Labs, Booste, Crediverso & more
A heaping helpful of funding rounds from this week to get your teeth into.
Republic Bank picks Fiserv tech to expand digital offerings
Republic Bank hopes the partnership will “revolutionise” its processing and payment systems.
Liberty Bank selects Payrailz payments tech in ongoing digital drive
Connecticut-based bank seeks “money movement experience”.
AI-powered shopping app nate raises $38m in Series A round
The company has now raised $51 million in total.
JP Morgan acquires digital wealth manager Nutmeg
Nutmeg will complement the launch of JP Morgan’s digital bank Chase.
Fiserv lands payments deal with Pentagon Federal Credit Union
The credit union is the second largest in the US.
PayCargo lands $125m in Series B investment from Insight Partners
Freight payments firm plans product development with new windfall.
Stripe launches AI-based identity verification tool
Stripe Identity aims to help online businesses prevent fraud when accepting payments.
Real-time payments have real-time benefits especially for small businesses
In addition to money, faster payments are also about instant connectivity, precision, transparency and certainty.
Video: fintech news pick of the week – Klarna, Mastercard & BBVA
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Mastercard and Visa pick new partnerships to drive biometric payments
Mastercard partners with FinGo following Visa’s deal with ADIB.
Mexican fintech Clip raises $250m in SoftBank-led investment
The investment is the largest ever for a payments company in Mexico.
Google Cloud’s global head of fintech partnerships bids farewell to Big Tech
Anil Saboo leaves after three years at the Big Tech.
Antelop reinvents digital cards and mobile issuance with a unified solution for banks and card issuing processors
Delivering a full range of digital card features through mobile-only integration, with no back-end dev required.
Video: fintech news pick of the week – Nubank raises $750m; Goldman Sachs partners with Visa
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
ICYMI funding round-up: RDC, Hokodo, TreasurySpring, Now & more
Plenty of funding rounds to get your teeth into this week.
Airbase raises $60m in Series B to boost spend management capabilities
The firm has now raised $91 million in total.
Klarna raises $639m in SoftBank-led funding round
The BNPL firm claims it is now valued at $45.6 billion.
Galileo hires former Google Cloud exec Derek White as new CEO
White replaces Galileo founder Clay Wilkes who will switch to vice chair.
Financial wellness platform Credit Sesame raises $51m to fuel expansion plans
The US-based fintech also announced the acquisition of Zingo, a fintech software services start-up.
