Robinhood snaps up custodial and portfolio management platform TradePMR in $300m deal
The purchase, involving a blend of cash and stock, is set to close in H1 2025.
FinTech
Powering a new era of digital transformation with Huawei at GITEX Global 2024
Huawei showcased its latest innovations in financial technology at GITEX Global 2024.
Navro secures FMSB registration to provide money transfer services to businesses in Canada
Navro (formerly known as Paytrix) has also secured licences in the UK and Ireland (EU) this year.
Mexico’s Albo partners Paymentology to expand digital payment services
Albo plans to launch a new initiative with Mastercard to boost digital payments in Mexico.
Goldman Sachs to spin out technology platform GS DAP into independent business
GS DAP has operated as part of Goldman Sachs’ Digital Assets business since launching in 2022.
Celero Commerce snaps up Precision Payments for undisclosed sum
Celero expects its North American card processing volume to exceed $28 billion following the acquisition.
Cartoon: Wanderer above the sea of fog
This new cartoon illustrates how regulatory changes and the complexity of compliance stymies new entrant fintechs.
Demystify Podcast: Demystifying legacy modernisation with Irene Sandler, CMO of Mechanical Orchard
In this podcast episode, Dave and Dharm chat with Irene Sandler, CMO of Mechanical Orchard.
Morgan Stanley makes $20m investment in NovoPayment to fuel product and commercial growth
The funding follows NovoPayment’s $19 million Series A round in 2022.
Myanmar’s Wave Money taps Amdocs for Digital Financial Services platform
Wave Money’s WavePay digital wallet currently has over 11.5 million users.
ICYMI fintech funding round-up: Mutual Vision, Tako, Zeplyn, Tranched, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
FinTech Futures: Top five news stories of the week – 15 November 2024
Our pick of the top fintech news stories this week includes Klarna, Ualá, Visa and more.
Research report: Revenue enablement in financial services – 2024 global findings & insights
How financial services are leveraging enablement technology to meet shifting client expectations and drive productivity gains.
Mesa debuts homeowners credit card, offering rewards on mortgage and home expenses
The card allows customers to earn ‘Mesa Points’ on mortgage repayments and home-related purchases.
US presidential election: What’s next for US fintech under Trump?
Following the US presidential election, what can the country’s fintech sector expect from Trump’s second term?
Klarna picks New York for upcoming IPO
Klarna has not yet disclosed the number of shares or expected price range of the offering.
FinTech Futures Jobs: 80% of AI-generated applications fail with hiring managers
Explore thousands of open roles on the FinTech Futures Job Board today.
Video: Experian at Money20/20 USA 2024 – Combining GenAI and rich data to drive innovation
Experian’s Scott Brown discusses how the company is utilising GenAI to deliver innovative new solutions.
Prodigy Finance inks $310m funding facility with US DFC for cross-border student loans
Prodigy previously sourced a $250 million facility with the DFC in 2020.
Vroom vroom
When something unforeseen happens, you need to work through it.
Canadian fintech Neo Financial raises $258m in mix of equity and debt funding
The round comprised $78.9 million in equity and $179.3 million in debt.
Cetera Financial Group use case: ensuring quality amid rapid expansion
Richelle Paulsen discusses the role of QA in supporting Cetera’s organic and M&A growth.
What the FinTech? | S.5 Episode 20 | The future of fraud prevention – live at Money20/20 USA
In this podcast episode recorded live at Money20/20 USA, we’re joined by Ricardo Amper, founder and CEO of Incode.
Travelex launches “major refresh” of 600 ATMs with NCR Atleos
The Travelex ATM network is to be replaced with NCR SelfServ and NCR Vision.
Video: WorkWave at Money20/20 USA 2024 – Driving growth for field services companies
Jacob Olins, VP of Fintech at WorkWave, discusses how the company is utilising innovations in fintech and payments.
Video: Codat at Money20/20 USA 2024 – Innovation in B2B payments
Codat’s Joey Rault and JP Morgan’s Jesse Schwarz discuss the evolving B2B payments landscape at Money20/20 USA.
Interview: Jason Cao on Huawei’s fintech frontier and digital transformation innovation
Cao details the best strategies for digital amid a “highly challenging time” for the global banking industry.
Two US credit unions go live with Mahalo Banking’s Thoughtful Banking platform
Rocky Mountain Credit Union and UnitedOne Credit Union have gone live with the platform.
Banking Technology Magazine November 2024 issue out now
Cover story: GOING GREEN – Why sustainable finance is vital.
FinTech Futures: Top five news stories of the week – 8 November 2024
Our pick of the top fintech news stories this week includes Bank of New Zealand, Airwallex, Griffin and more.
ICYMI fintech funding round-up: Groov, Fundcraft, VibePay, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Marygold & Co UK selects Griffin to embed savings accounts into money management app
The app will launch for individuals and small businesses in the UK “later this year”.
The sun shines on the brave
A stable future for us all will rely on harnessing the technology we are building with big ideas and innovations.
Video: Form3 at Money20/20 USA 2024 – The evolution of instant payments
FinTech Futures chats with Dave Scola, CEO of Form3, about instant payments trends in the US.
Video: DailyPay at Money20/20 USA 2024 – The growing demand for earned wage access
FinTech Futures chats with Stacy Greiner, CEO of DailyPay, about the future of earned wage access.
Sibos 2024: The future of global transactions with KoreFusion – video interview
KoreFusion’s Jan Smith discusses the latest technologies that are transforming cross-border transactions.
White paper: How AI is propelling innovation in financial services
This free white paper examines key AI use cases in financial services and explores the challenges of AI implementation.
FTC takes action against US neobank Dave for allegedly “using misleading marketing”
In a statement, Dave says it intends to “vigorously defend ourselves”.
BNPL lender Sunbit lands $355m debt warehouse facility
This is Sunbit’s second debt warehouse facility in 2024, following its $310 million deal in January.
You can’t talk to me like that
When you deal with procurement, pain seems to be guaranteed.
