Hawaii State FCU taps Lumin Digital to enhance banking services
Hawaii State FCU will go live on Lumin Digital’s platform in June 2022.
FinTech
Paying it forward: how Zirtue aims to remove the stress from relationship-based lending
FinTech Futures speaks with Zirtue co-founder and CEO Dennis Cail about tackling predatory lenders.
Fintechs need to take the lead on mental health
Fintech firms cannot disregard the risk of poor mental health among their workforce as ‘just part of the role’.
White paper: Digital lending – how technology transforms banks
A step-by-step overview of digital lending transformation in banks, brought to you by HES FinTech and FinTech Futures.
White paper: How to select a digital lending solution – the ultimate guide
Answering some of the key questions lenders ask when choosing a software vendor for their lending automation product.
Report: Northern Ireland fintech – leaders in ESG
A deep dive into how Northern Ireland became a pioneer in the advances of fintech, regtech and ESG.
Blockchain fintech Oasis Pro lands $27m Series A
The company’s mission is “to bridge the world of traditional finance, blockchain and decentralised finance”.
Brazilian fintech Nomad raises $32m in Series B funding
Nomad previously raised a $20 million Series A round in July 2021.
Former Meta, PayPal chief launches Bitcoin payments start-up
Lightspark aims to “explore, build and extend the capabilities and utility of Bitcoin”.
Digital assets platform Elwood lands $70m Series A
The Series A cash will go towards expanding Elwood’s product offerings and global operations.
Blockchain data platform Chainalysis raises $170m Series F
The Series F pegs Chainalysis’ valuation at $8.6 billion.
How to get investors on board with your ESG journey
I recently spoke with Delta Capita’s Leeya Hendricks to get her perspective on all things ESG investing.
MPOWER Financing hires Wall Street exec as new head of capital markets
Zaki will lead strategic partnerships for the fintech firm as part of his new role.
Altro bags $18m in funding to help people build credit
Altro aims to help people build credit through recurring payments and subscriptions such as Netflix and Hulu.
Appian awarded $2bn in damages in trade secrets lawsuit
Appian believes the $2 billion judgement is the largest award in Virginia state court history.
New York’s Solidus Labs bags $45m in Series B round
Solidus Labs enables safer crypto trading across centralised and DeFi markets through its solutions.
Developing an inclusive culture in fintech
When you invite diversity into your organisation, you’re inviting innovation and creativity.
FinTech Futures: Top five stories of the week – 13 May 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
FinTech Futures Jobs: Changing jobs can boost your bank balance as well as your career
Exciting open vacancies at Monzo, Hazy and Tandem Bank. Apply today!
Embedded payments platform Infinicept raises $23m to boost growth
The round was led by SVB Financial Group and Piper Sandler Merchant Banking.
ICYMI funding round-up: Sudozi, Mentum, Assetplus, Multipl & Akuvo
Our weekly fintech round-up for you to get the latest funding news from around the world.
Emotional connection in customer experience
Many digital financial services lack a “human heart”. And that should be something that worries the industry.
Mission can have a lower-case ‘m’
All business, no matter how young or small, operates in context. So think it through.
KuCoin hits $10bn valuation with new $150m funding round
The round was led by Jump Crypto with participation from Circle Ventures, IDG Capital and Matrix Partners.
US Bank partners fintech LiquidX to speed up supply chain transactions
The collaboration seeks to address supply chain financing friction and cashflow challenges.
Crypto firm Talos bags $105m from investors including Citi, Wells Fargo and BNY Mellon
Existing investors Andreessen Horowitz, PayPal and Fidelity also took part in the round.
Thoma Bravo reportedly in takeover talks with Temenos
According to Bloomberg, Thoma Bravo has held initial takeover talks with the Swiss banking software provider.
Ohio’s KeyBank acquires Philly fintech firm GradFin
Founded in 2015, GradFin offers advisory solutions for people wanting assistance with their student loan debt.
Navigating the ever-evolving nature of ESG reporting
Businesses need to adapt to meet both stakeholder demands as well as current and future standards.
New small business payments platform Hopscotch seeks to make invoicing hassle-free
Hopscotch, founded in June 2021, has raised nearly $10m from 12 investors.
US fintech MainStreet lays off 30% of employees
CEO Doug Ludlow cites “today’s incredibly rough market” as the reason for the layoffs.
Bridging the gap between new and old payment methods
Payment experiences have changed significantly, with ‘alternative payment’ methods gaining more and more traction.
LexisNexis acquires anti-fraud behavioural biometrics firm BehavioSec
BehavioSec tracks mobile touchscreen signals to continuously authenticate identity and prevent fraud.
Developer infrastructure bank Column launches to cut middleware bloat
Column is the only nationally chartered developer infrastructure bank in the US.
Apple invests $25m to help underserved communities via fintech platform CNote
CNote has already started moving Apple’s money into the communities through its platform.
US healthcare fintech Walnut raises $110m in Series A round
The round comprises of $10 million in equity financing and $100 million in debt financing.
Teen financial literacy app Wingocard shuts down
The Montreal-based fintech was founded in January 2020 and launched in May 2021.
Canada’s Neo Financial hits unicorn status with $145m Series C raise
The round was led by Valar Ventures, with new and existing investors also participating.
Never having to be “the only”: the importance of representation in fintech
Representation is imperative for business success, and the fintech industry still has strides to make.
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.
