Stripe simplifies bank transfers for UK, EU and Mexican businesses
Stripe says that bank transfers, despite their popularity and ease of use, are “filled with friction”.
PayTech
SME paytech SumUp raises €590m at €8bn valuation
SumUp says the latest funding is “indicative of our strength, execution, and potential”.
Blockchain paytech Roxe to go public via SPAC merger in $3.6bn deal
Roxe will merge with Goldenstone Acquisition and become a publicly traded company on Nasdaq.
Brex to stop serving “traditional” small businesses
Small businesses using Brex have until August 15 to move their funds.
Accounting platform Autobooks bags $50m in Series C round
Larry Handen, senior managing director at Macquarie Capital, will also join Autobooks on its board.
State of play: Money 20/20 Europe
Fintech analyst Philip Benton recaps key themes and trends at Money 20/20 Europe.
Account freezing orders: the FCA flexes its regulatory muscle
What are account freezing orders and what should fintechs take away from recent action by the FCA?
FinTech Futures Jobs: Five interview questions to ask to determine a company’s culture
Five questions to build a cultural profile of your new workplace before taking the job.
Why I do want to use crypto to buy my pizza
I predict that in the medium term, we will begin to consider crypto a safe and reliable form of tender.
Blackstone to invest up to $130m in logistics paytech PayCargo
The funds will be used for international expansion and M&A.
Paytech PPRO hires Rahul Raswant as new chief financial officer
Raswant has held roles at Standard Chartered Bank and consultancy McKinsey.
FinTech Futures: Top five stories of the week – 17 June 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Revolut teams up with Salesforce to help grow business
Revolut says it will make use of Salesforce technology to power Revolut Business operations.
ICYMI fintech funding round-up: CapIntel, Clausematch, Swoop & more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Money 20/20 Europe: Digiseq connects the digital and physical world
At Money 20/20 Europe, FinTech Futures sat down with David Birch, chair of wearable payments disruptor Digiseq.
New bank alternative, Fluid Finance, launches “revolutionary global super-app”
Fluid Finance offers “the world’s first bank alternative linked to your Web3 wallet”.
Fleetcor to acquire cross-border paytech Global Reach
Fleetcor has signed a definitive agreement to acquire UK-based Global Reach Group.
Webinar: Winning with data in the cloud
The benefits of cloud-native solutions for managing core systems, data management and value creation.
Money 20/20 Europe: Mastercard’s open banking guru on payments and data
Jim Wadsworth discusses working with fintechs, open banking, becoming a paytech and safeguarding data.
Building a donation platform in the most carbon-neutral way possible
NatWest, the Scottish Tech Army and GoCodeGreen recently collaborated on a new project.
US-based paytech GTP acquired by MFS Africa
Following a $100m funding round last year, MFS Africa acquires US-based paytech GTP.
Money 20/20 Europe: Mode CEO Rita Liu on crypto adoption and regulation
Education and regulatory clarity are key to mass adoption of crypto, Mode CEO Rita Liu says.
FinovateSpring 2022: Q&A with JP Morgan’s Ray Nazloomian
Ray Nazloomian of JP Morgan gives his views on the future of the payments industry.
Meet B4B Payments and Banking Circle at Money20/20 Europe in Amsterdam!
Introducing a top provider of issuing and payment solutions with full value chain-coverage and scalability.
Banking Technology Magazine June 2022 issue out now
Cover story: THE WORLD BEYOND – Connecting through the metaverse.
UK paytech GPS appoints Jill Docherty as director of global partnerships
Docherty will sit on GPS’ global executive committee overseeing all GPS ecosystem partners.
Video: US Bank at FinovateSpring 2022 – The real-time payments revolution
FinTech Futures chats with Mike Jorgensen of US Bank to discuss real-time payments.
US-based Payoneer appoints John Caplan as co-CEO
Founded in 2005, Payoneer enables “borderless payments and growth” for digital businesses.
Webinar: How to keep up with the card payments industry upstarts and capitalise on the opportunities
Lessons from neobanks, start-ups and paytechs to exploit these substantial revenue opportunities.
FinTech Futures: Top five stories of the week – 27 May 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Payments fintech Bolt announces layoffs
The news follows a string of layoffs in the fintech space in recent weeks.
White paper: Intelligence capabilities for AML and CFT regulatory compliance
Enhancing KYC, AML, CFT and due diligence investigations for finance, banking and compliance sectors with digital intelligence.
Card-issuing platform Marqeta partners Evolve Bank & Trust
Evolve will support the full range of Marqeta’s card programme management capabilities.
Payments infrastructure provider Paddle snaps up ProfitWell for $200m
Paddle will integrate ProfitWell’s financial metrics, as well as its pricing and retention software.
Payments network TransferMate hits unicorn status after $70m funding
TransferMate will use the funding to expand its teams globally and develop its technology and product offering.
How CBDCs will transform the way India transacts
The proposed implementation of CBDCs will completely change how the country perceives money.
SpotOn bags $300m Series F at $3.6bn valuation
SpotOn has raised $928 million in funding to date.
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.
Edge: PayTech – all you need to know on the future of payments technology
We’re launching a new virtual event, FinTech Futures Edge: PayTech, taking place on 21 July.
Embedded payments platform Infinicept raises $23m to boost growth
The round was led by SVB Financial Group and Piper Sandler Merchant Banking.
