ShopKeep launches on Android to broaden hardware options
POS-itive news from US point of sale technology provider.
SME
Centric Bank embarks on core banking tech project with Jack Henry
Moving from Jack Henry’s CIF 20/20 core banking system to Silverlake.
Credit Suisse provides $200m line of credit to BlueVine
Boosting BlueVine’s combined debt and equity funding to $518 million.
SME lender Kabbage to acquire fellow lendtech Orchard
Small business lender Kabbage is rumoured to be acquiring lending platform Orchard Platform Markets.
Top fintech stories this week – 27 April 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Fintech funding round-up: 18 April 2018
Stars MFS Africa, Tala, Funding Societies and HelloGold.
Paysafe to purchase iPayment
You can probably guess it’s to do with payments.
Fintech funding round-up: 11 April 2018
Features Ant Financial, Ripple, Blockchain Capital and Liberis.
Kabbage and Ingo Money to power faster loan payouts to SMEs
Online alternative lender Kabbage has teamed up with push payments innovator Ingo Money.
SME lender Lendio unveils Lender Turndown initiative
Lendio’s network of lending partners can offer a loan alternative to SMEs that do not fit their risk profile.
Banking Technology April 2018 issue out now
You sought symmetry. And fintech came to you.
Online payroll and HR tech provider Gusto goes freemium
Gusto’s HR Basics offers small businesses a set of basic HR tools for free.
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.
Nesta offers £2.5m prize fund for fintech start-ups
Applications are open for next phase of its “Open Up Challenge”.
Dream Payments and Mastercard speed up insurance payouts
Cloud-based payments platform Dream Payments has teamed up with Mastercard.
Fintech funding round-up: 21 February 2018
Stars Anyfin, CivilisedBank, Greenlight Financial Technology, Even Financial and Wealthsimple.
Davo launches two new apps for SME cash management
Welcome to Davo Sweep and Save, and Davo Savings Club.
Podcast: [the SME sector is] so hot right now
11:FS Fintech Insider show featuring FinTech Futures’ Tanya Andreasyan.
Top fintech stories this week – 02 February 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
StreetShares brings in $23m in equity funding
StreetShares has landed $23 million in equity funding, bringing total investment to $43 million.
New bank to launch in California, Endeavor Bank
First new bank to open in San Diego in ten years and one of only two new banks in California since 2010.
Top fintech stories this week – 26 January 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Payments round-up: 23 January 2018
Features DBS Bank, Xero, WeChat Pay and Bank of America Merrill Lynch.
Fintech funding round-up: 20 December 2017
Features Raisin, PayPal, Home Credit Venture Capital, Barion Payment and Cash Svidha.
TSYS to acquire fellow paytech firm Cayan for $1.05bn
The acquisition is expected to close in Q1 next year.
SumUp teams with BancoEstado for cool mobile card deal in Chile
SMEs in Chile have just won a new ally when it comes to making it easier to accept mobile card payments. The country’s largest national bank, BancoEstado de Chile, has partnered with SumUp to launch a joint venture (JV) that will give Chilean businesses the ability to offer “anytime, anywhere” mobile card acceptance without fees […]
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: 8 November 2017
Hot on the heels of yesterday’s (7 November) fintech funding round-up, here’s more money action. Features WeSwap, OakNorth Bank and OTCX. Peer-to-peer currency exchange platform WeSwap has revealed its £8 million series B investment round led by London-based private equity firm IW Capital. As WeSwap nears the end of 2017, it says further product features include […]
Tink secures investment and bank partners as it plans European expansion
Swedish fintech company Tink has signed with Nordic banks Nordea, Klarna and Nordnet. Integrating in 2018, the banks will use Tink’s payment technology and personal finance management (PFM) platform within their existing customer channels.
Wave brings business services to RBC’s online banking platform
Wave – a business financial management (BFM) solutions provider from Toronto – has signed a deal that will integrate its invoicing, accounting, and business financial insights technology into Royal Bank of Canada’s online banking platform.
Bill.com discloses September investment round, doubles total funding
Business payments network Bill.com has updated the news regarding the $100 million in funding it landed last month. The round was lead by JP Morgan Chase and Temasek.
Credo Bank completes Temenos T24 core banking system upgrade
Credo Bank, a Georgia-based bank providing sustainable financial services for micro businesses and SMEs, has moved to the latest version of Temenos’ T24 core banking system.
Banking on a new competitive environment – marketplace banking
Marketplace banking has the potential to deliver an interconnected financial services industry where banks can get closer to their small business customers explains Five Degrees’ Peter-Jan Van de Venn.
Cashplus Expands with £30 Million Debt Facilities Led by RBS
Cashplus, a London-based alternative financial services provider—and Top 5 Best Challenger Bank—has announced two new, three-year funding arrangements totaling £30 million (US$40.52 million). The company will use the credit to expand its lending products for SMEs.
Innovators’ Spotlight: SPENT Money
Rather than being top of wallet, SPENT Money wants to help consumers manage and earn rewards from what’s already there—at least for now.
Fintech funding round-up: 21 September 2017
Following swiftly on from the fintech funding round-up on 19 September, here’s more concise, cash-coated action. Features CivilisedBank, HighRadius, Swirlds and Luno. UK challenger CivilisedBank, which got its banking licence in May, has agreed terms for a further round of funding from current investor Warwick Capital Partners. No more details on that but the bank […]
Bento for Business Names Jeff Pomeroy VP of Product
Blackhawk Network veteran Jeff Pomeroy has joined the Pay Award-winning Bento for Business, a provider of employee expense management solutions for small businesses, as vice president of product.
Square wants to be a bank, sort of
Mobile point-of-sale pioneer Square Inc. is applying for an Industrial Loan Company (ILC) charter to support the expansion of its lending business, the volume of which grew 68 percent year-over-year in Q2 to $318 million.
Lloyds Bank’s new bookkeeping service is a keeper
Lloyds Bank has launched a new service to help businesses manage their bookkeeping without manual intervention. Called Lloyds Bank Direct Bank Feed it allows clients to receive their statement information directly into their accounting software – “eliminating the need for businesses to manually input their bank statements and reduce the time spent reconciling accounts”. Steve […]
