Could blockchain solve Brexit?
The blockchain industry does not seem to be not stymied by the Brexit debate.
Europe
French PFM Bankin’ raises $20m in Series B
The firm has raised a total of €28 million investment since its inception.
Top fintech stories this week – 18 April 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
NPM Capital acquires 35% stake in Dutch fintech Ohpen
Ambitions to expand to large banks and pension market.
Facebook to drop P2P Messenger payments in Europe
The service will be discontinued in the UK and France on 15 June.
Commercial insurance AI firm Cytora raises £25m
It was led by EQT Ventures.
Salary Finance completes $32.8m funding for US push
Sofi co-founder will lead the US branch of the firm.
Credit Kudos works hard for a £2.2m funding round
Led by Ascension Ventures.
Digital disruption: how Estonia leads the way to our future digital economy
Digitising processes saves Estonia 2% of its GDP a year in salaries and expenses.
CHL Mortgages picks Jaywing for IFRS 9 monitoring
The provider began work on the project by providing independent model validation to CHL.
New PFM firm Tully takes Brits out of debt
It recently graduated from Accenture FinTech Innovation Lab 2019.
Europe’s biggest IPO of 2019 sees Nexi raise €2bn
Company is now valued at €7.3 billion.
Raisin partners with Commerzbank for special fixed-term deposits
The partnership will start with German credit institutions such as Grenke Bank, NIBC Bank and Gefa Bank.
Video: fintech news weekly round-up – 15 April 2019
This week, news about challenger banks!
Vision Blue acquires Cardiff-based SamePage
Both firms are happy about how the GDFC deal went.
N26 under German regulator’s microscope
The BaFin has highlighted issues with staffing and communications.
Credit Karma closes Noddle acquisition for UK expansion
It will make Noddle’s premium services available for all.
Coinbase launches crypto Visa debit card in the UK
A European version will follow later this year.
ClearScore partners with Raisin UK to offer savings accounts
App now provides access to online savings marketplace.
New funding values personal finance app Fintonic at €160m
Follows €19m investment round led by ING Ventures.
Swift takes step towards ESMIG Network Service Provider status
Swift seeks to be selected as a provider for the Eurosystem Single Market Infrastructure Gateway (ESMIG).
Teradata Universe Madrid 2019: Teradata agrees that less is more
“Don’t invest in analytics!”, and in my mind, the crowd cheered.
Sopra Steria acquires France-based core system vendor SAB
SAB’s SAB AT will be added to the acquisitive French company’s existing range of acquired core offerings.
Bnext launches travel insurance
The Spanish challenger is already expanding its product portfolio.
PixelPin replaces password to log in with new £1.5m funding
The round was led by SBI Investment.
Nasdaq announces purchase of shares in Oslo Stock Exchange
Board unanimously recommended Nasdaq’s offer
Upgrade Pack flying high as crowdfunding exceeds £500K target
Discount site celebrates first year with £12.75m pre-money valuation.
New funding set to make Monzo second-largest UK fintech start-up
£1.9bn valuation will see the challenger bank leapfrog rival Revolut.
2gether’s prepaid crypto Visa card launches across eurozone
Follows successful beta launch in Spain.
Integral delivers mobile trading app for Arab Bank in Switzerland
Integral’s solutions are used by banks, brokers and asset managers in the foreign exchange market.
New petition calls out big banks for stifling competition
The petition was started by the director of data analytics firm LendingMetrics.
PFS bags Irish licence for Brexit contingency plan
This follows the acquisition of Barclays’ prepaid business.
Brewin Dolphin upgrades digital capabilities with Avaloq tech
The wealth manager says it has £34.9 billion under management.
Emma integrates Chip savings in money management app
Emma just wants to chip in.
Neos pairs with US insurer to offer customers smart home tech
American Family Insurance thinks smart home technology will reduce claims.
Torstone Tech grows with Percentile acquisition
Percentile’s risk solution will be integrated into Torstone’s offering.
SocGen’s trading woes amount to 1,600 staff cuts
CEO has left and trading is in a slump.
R&D tax credit scheme offers relief to UK fintechs
Dispelling assumptions and misconceptions about R&D tax relief.
Video: fintech news weekly round-up – 8 April 2019
Africa Fintech association, City watchdog’s orders, and a new blockchain alliance!
Euronext ahead in bid race for Oslo Bors with regulator’s recommendation
The Norwegian Financial Supervisory Authority is vouching for Euronext.
