Checkout hires ex-Twilio and WeWork execs for “public market” experience
The fintech has been the subject of much IPO talk.
Asia Pacific
Supply chain financing start-up CapBay raises $20m in Series A
CapBay offers short-term financing to “businesses of all sizes” through its “proprietary credit-decisioning model”.
Acquiring pricing models
A breakdown of the benefits and challenges presented by each merchant pricing model.
Fintech trends watch 2021: checkouts, wealthtech and SCA
Our resident Gen Z’er, Ruby Hinchliffe, shares her three predictions for 2021.
The 2020s: how the way we pay will change forever
Consumers started to move from contactless to contact-free in 2020.
Asia-Pacific fintechs Volopay and Microleap land funding
Singapore-based Volopay and Malaysia-based Microleap have raised $2.1 million and $3.3 million, respectively.
Fintech funding deals globally 18-24 January 2021
Featuring PPRO, iSTOX, Indy, Mercado Bitcoin, and Brigit.
Singapore’s iSTOX lands $50m from heavyweight Japanese backers
n the past decade, global private equity returned 13.2% on average.
TikTok’s Chinese version Douyin adds payments app
Douyin Pay (Douyin Zhifu) has been added to the app’s options.
Retailer Uniqlo cuts out middlemen with own payments integration
Uniqlo Pay has partnered with Sumitomo Mitsui Banking Corp.
The end to end benefits of cloud first transformation
Cloud has become a go-to technology for many in the financial services industry.
Ant sets up working group to overcome Chinese regulatory requirements
Companies like Ant have until November 2021 to register a new financial holding.
Vietnamese “super app” hopeful MoMo lands $100m Series D
The fintech’s registered users doubled to 23 million in 2020.
Grab’s fintech arm lands $300m Series A
Grab Financial Group saw its total revenues jump up by more than 40% in 2020.
Indonesia’s BukuKas lands $10m led by Sequoia Capital’s Indian arm
BukuKas says it already serves some 3.5 million customers.
Philippines’ mobile wallet GCash closes on $1bn valuation with new funding
Mynt-operated firm raises $175m from US investor.
Shariah P2P fintech Alami raises $20m in debt financing
Alami hopes to distribute trillions to SMEs and micro businesses.
HSBC’s Hang Seng Bank to appoint first female chairman Irene Lee
In the short-term, Lee’s focus is on putting Hong Kong’s economy “back on the road to recovery”.
Fintech funding deals globally 4-10 January 2021
Featuring Grab, Mynt, Divvy, Mambu, and SimpleNexus.
Mambu raises €110m to hit €1.7bn valuation
Cloud core banking vendor has raised over €150m since launch.
Trump bans transactions through Chinese apps including Alipay
The applications have 45 days to prepare for the ban.
JP Morgan in talks with China Merchants Bank over another wealthtech venture
JP Morgan already holds a majority stake in a Chinese venture.
China’s central bank issues Ant Group ultimatum after blocked IPO
The Peoples’ Bank of China wants Ant to overhaul its business or face the consequences.
2020 in review: Top core banking stories
We run down the most interesting core banking stories from this year.
2020 review: A year which saw fintechs cut jobs, pay & business arms
A number of fintechs have still been tested during COVID-19, some to the brink of collapse.
2020 review: 10 largest bank job cuts this year
This year has seen several job cut announcements.
2020 review: Top five cyberattacks this year
Cybercriminals haven’t stopped their activities in 2020.
Top 10 Women in Fintech Power List 2020
We bring you a shortlist of ten women in – or investing in – fintech.
Singapore and Thailand to link national payment systems in 2021
In Singapore, PayNow monthly transaction values have crossed the $3 billion mark.
Fear of enforcement uptick just compliance theatre, says AML panel
“Compliance doesn’t solve financial crime,” says Fenergo’s Rachel Woolley.
Singapore issues digital bank licences to Grab, Ant & Sea
The regulator has issued four licences, rather than five.
Shinhan Bank Vietnam goes live on Finastra risk platforms
Fusion Risk and Fusion Kondor deployed during the pandemic.
Tokyo Stock Exchange CEO steps down after damaging systems failure
Koichiro Miyahara resigns as regulators continue to examine exchange’s closure.
Report: Digital KYB – a springboard to customer onboarding success
FinTech Futures’ latest in depth industry report on KYB, in partnership with DueDil.
Prospective Philippines digital bank Uno picks Mambu
Uno’s parent DigiBankAsia is working with Philippine regulators to obtain a licence.
On-demand payment innovation at the heart of digital “new normal”
The COVID-19 pandemic has delivered industry changes in rapid time.
Ogaki-Kyoritsu Bank selects Moneythor to revamp digital banking
The regional Japanese bank wants a hybrid approach for customers.
Japan’s SMBC invests $30m in OakNorth
The Japanese giant is also deploying OakNorth’s Credit Intelligence software.
Report: Three key strategies for customer experience success
In-depth industry report on customer experience, featuring expert insights from Mettle, HSBC & Northwestern Mutual.
Chinese regulator continues to clamp down on dominant fintech players
The CBIRC’s Liang Tao warned fintech lenders at a conference in Beijing this week.
