Santander invests in German fintech Bonify
Its first investment in Germany of “a few million”.
Europe
Jaja Finance teams with ASDA for JajaPay launch
Firm offers white-label consumer credit facility.
Revolut to get $500m boost from Softbank
To enable US expansion.
Sizing up the real threat of challenger banks
Challenger banks’ current profitability is almost entirely unrelated from the threat they pose to incumbents.
Swiss watchdog investigates Credit Suisse and UBS over Apple payments boycott
Alleged boycott of Apple Pay and Samsung Pay in favour of TWINT.
Capital markets software firm Genesis makes $3m funding revelation
Then fintech said: “Let there be light funding”; and there was light funding.
UK’s Nationwide takes stake in financial manager Moneyhub
Building society’s investment gives it a minority stake.
UK challenger CivilisedBank tries again for banking licence
Bank gets more funding for this attempt.
Pay.UK seeks better data for New Payments Architecture
Calling for fintech to contribute to its “Enhanced Data” project.
Personal finance app Fintonic links up with Amazon
“A new way of cooperating between the fintech sector and online distributors.”
Insurtech Anorak raises $6.5m in funding
Series A round led by Kamet Ventures.
Russian banks to unleash first contactless ATMs
Sberbank and Russian Standard Bank launched in test mode, others to follow.
Huawei battles for European banks’ trust
Chinese IT and telecoms giant has Santander as its flagship European customer.
Cashflow controller Fluidly gets $5m funding flow
Round led by Nyca Partners.
Fintech Inn 2018: why Lithuania has enlisted the Stig
All the best bits from the largest fintech event in the Baltic region.
Italian lendtech Credimi feeling dreamy with €10m funding
Gets investment funds from United Ventures and Vertis.
Avaloq’s new venture capital fund aims for fintech Avalon
Banking tech provider plans new adventures with Avaloq Ventures.
ANNA Money, a business account that meows
The card makes the “purrfect” sound.
CYBG axes banking tech deal with ex-Barclays chief
Follows CYBG’s £1.7 billion takeover of Virgin Money.
Focus Solutions unleashes wealthtech portal and hub
Hub unveiled with BITA Risk and Investment Software Limited.
Starling Bank’s £10m funding helps it make a stand to Monzo
As it prepares for a £80m round push.
Bank of England calls for payments messaging panel applicants
The panel will input into the implementation of ISO 20022.
SIX FinTech Ventures invests in Vestr and Shift Cryptosecurity
SIX’s Swiss venture fund makes first two fintech investments.
What a meanie! £20m compensation promise broken by UK lender Cash Genie
The failed firm fails again.
Moneta first Czech bank in cloud
Tested prototype of app deployment in Amazon Web Services cloud.
Starling Bank keeps you posted with Post Office
A mobile bank with branch services.
Invisible payments: finding success in a convenience-driven market
What gives innovations staying power in the payment industry?
UK fintech and FIs get dating guide
New guidelines aim to accelerate fintech growth.
Mash and Nets partner for pay later solution across Nordics
Will be first available in Finland and Sweden.
Finance app Portify fortifies with £1.3m funding
UK start-up gets money from Kindred Capital and Entrepreneur First.
NatWest and JP Morgan fuel TransferWise’s £65m funding
Syndicated debt facility also includes help from LHV Bank.
Fingerprints all over Intesa Sanpaolo’s biometric contactless card trial
The card is provided by Gemalto through the bank, with technology from Zwipe.
Bank of England tests financial sector’s cyber strength
Readying for resilience in a risky world.
Zopa closes £60m funding for bank dream
Largest funding round to date.
EC gets cross with Malta over AML supervision
Don’t forget the fourth Anti-Money Laundering Directive.
Deutsche Bank desires loyalty with Yunar app launch
Start-up behind Yunar is a wholly owned subsidiary of the bank.
Jaja Finance receives £3m funding to launch card
Equity crowdfunding led by Blystad Group and Pollen Street Capital.
Coconut smashes crowdfunding goal in a day
Over £650k raised, from an initial goal of £500k.
Wevest wants to be best with digital asset manager launch
Berlin-based firm unleashes Wevest Capital.
Lloyds to up digital game with Thought Machine
Takes a £11m investment – 10% stake.
