Mambu partners Brim Financial for new digital banking offering
Through the partnership, the firms will deliver a new digital banking platform in North America.
Netherlands
Dutch BNPL fintech in3 lands $85.3m Series B
In3 CEO says the funding is “testament to the scale and growth of our proposition in the BNPL community”.
FinTech Futures: Top five stories of the week – 6 May 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Dutch challenger Bunq becomes EU’s second largest neobank with Tricount acquisition
Tricount is a group expense management app that allows users to balance their expenses with friends.
Edtech start-up Gimi teams up with ABN Amro to launch kids’ financial literacy app
The co-branded app is aimed at parents and youngsters between the ages of seven and 13.
Irish fintech Fenergo acquires AML transaction monitoring start-up Sentinels
The acquisition, for an undisclosed sum, is set to strengthen the firm’s client lifecycle management platform.
Garanti BBVA International heads to the cloud with Temenos
GBI will deploy the vendor’s Temenos Banking Cloud solution.
European fintech start-ups Montonio and Payaut secure funding
Montonio raised €11 million and Payaut secured €8 million, respectively.
Norway’s Signicat boosts management team with several new appointments
Signicat CEO says: “We now look forward to the next phase of our international expansion.”
Wolters Kluwer acquires International Document Services in $70m deal
IDS is expected to generate revenues worth approximately $15 million in 2022.
AI-first infrastructure provider SeMI Technologies closes $16m Series A
“We represent a third wave in database technology,” says CEO Bob Van Luijt.
ING’s chief data officer steps down
Aniruddha Paul spent 15 years in various senior roles at ING.
Billtrust grows European presence with Order2Cash acquisition
Order2Cash is a B2B order-to-cash platform provider in the Netherlands.
Santander enters BNPL market with launch of new platform Zinia
Already live in Germany, Santander now plans to roll out the service in the Netherlands and Spain.
German fintech start-up Moss secures $86m Series B funding at $573m valuation
The latest cash injection takes the company’s valuation to over €500 million ($573 million).
Sustainable energy platform EIT InnoEnergy gains first financial institution shareholder, ING
EIT InnoEnergy is supported by the European Institute of Innovation & Technology.
ABN Amro’s Christian Bornfeld to leave role as CI&TO in May
Bornfeld has been “instrumental in future-proofing the bank’s IT landscape”, says CEO.
Levenue acquires fellow Dutch financing platform Requr
Fintech says acquisition will make it the “go-to funding solution” for European subscription-based businesses.
ING announces exit from French retail banking market
The firm has been active in the French retail banking market since 2000.
Paytech Recharge.com hires David Lindheimer as CPTO
The appointment will bolster the paytech’s global expansion plans, CEO says.
Dutch digital bank Bunq partners with Tulp to offer mortgages
Challenger says it will become “the first European digital bank to start offering mortgages”.
ING CIO Annerie Vreugdenhil leaves to join ABN Amro
Vreugdenhil is leaving after almost two decades with ING.
Standard Chartered nabs ING COO Louwhoff as new group CTO
Roel Louwhoff joins up with StanChart in Singapore after seven years at ING.
Neobank FIBR launches to support European SMEs via local lenders
The BaaS firm aims to support post-pandemic growth through nurturing SMEs.
Paytech Recharge eyes global expansion after $35m investment
The Series B round culminated in one of the largest investments into a Dutch startup in 2021.
MODIFI tops €100m valuation with €20m Series B funding
Start-up plans to grow its trade finance platform into a global trade management hub.
PayTech Awards 2021 Winner: Surepay – Editor’s Choice
Evolution of confirmation of payee (CoP).
Dutch digital bank Bunq partners with Paysafe to offer cash deposits
The two companies say the partnership will facilitate “quick and secure cash deposits”.
Scalapay raises $155m in Series A round to fund BNPL expansion
European payments firm seeks greater foothold in core markets.
Yolt shuts down app to focus on open banking technology services
The Yolt app has more than 1.6 million downloads.
Prosus underlines Indian objectives with $4.7bn deal for BillDesk
Dutch e-commerce firm spends big to deepen footprint in India.
Goldman Sachs to acquire asset management firm NNIP in $2bn deal
US bank continues drive towards new revenue streams.
Dutch challenger Bunq hires Jon Fath as new COO
Fath joins from AI logistics firm Transmetrics, where he worked as CEO.
Biller launches new AI-powered BNPL invoicing solution
Biller was founded by a team of former Mollie and Klarna senior managers.
Swishfund swaps out back office tech for Five Degrees’ neo
Dutch lender chose from a range of cloud-based providers.
Dutch challenger bank Bunq secures $228m Series A investment
The funding round was led by UK private equity firm Pollen Street Capital.
Dutch pensions bank Brand New Day picks Five Degrees core system
Neo comes in to replace older Matrix system.
Ghana International Bank selects Backbase to drive digital transformation
The Dutch fintech will act as the core strategic partner for the bank’s digital operations.
Dutch fintech Mollie raises $800m in Series C round
The investment takes the company’s total valuation to $6.5 billion.
Video: pick of the week – Tink and AmEx team up; Commerzbank agrees 10,000 job cuts
A top pick of stories from the world of finance and tech in bitesize video format, twice a week.
