Lumin Digital bags $160m in growth equity
The round was led by Light Street Capital, NewView Capital and Partners Group.
News
Uptiq.AI acquires financial data integration fintech UpSwot for undisclosed sum
Uptiq.AI will now integrate UpSwot’s financial data gateway into its AI Workbench, which launched last month.
What the FinTech? | S.5 Episode 22 | Green finance and how fintech can help tackle climate change
In this podcast episode, Sage’s George Sandilands discusses the current state of play around green finance.
Solidarity Community Federal Credit Union partners Mahalo Banking for digital banking upgrade
Mahalo’s online banking tech will integrate directly with the credit union’s Corelation Keystone core banking system.
US digital banking platform Milli Bank closes down
Milli Bank, which closed on 15 November, offered a savings and spending account.
Video: Mambu at Money20/20 USA 2024 – Accelerating digital transformation
Mambu’s Anshul Verma and Deloitte’s Manpreet Singh discuss how FIs can boost their digital transformation.
Citi separates Banamex from institutional banking business in Mexico
The separation comes as Citi “continues to actively work” on the proposed IPO of Banamex.
Mexican fintech start-up R2 secures $50m debt facility and $9m in fresh equity
The equity injection is an extension of the company’s $15 million Series A round from 2022.
Deel boosts European payments infrastructure with acquisition of Atlantic Money
The move follows Deel’s acquisition of South Africa-based payroll and HR company PaySpace back in March.
FinTech Futures: Top five news stories of the week – 29 November 2024
Our pick of the top fintech news stories this week includes HSBC, Garanti BBVA, Monzo and more.
ICYMI fintech funding round-up: Habitto, Norbr, Tembo, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
November 2024: Top five fintech M&A deals of the month
FinTech Futures takes a look back at five of the top fintech M&A deals in November.
November 2024: Top five new launch stories of the month
FinTech Futures takes a look back at five of the top new launch stories in November.
US wealthtech Range lands $28m Series B funding round
The round, which was led by Cathay Innovation, brings Range’s total funding to date to $40 million.
November 2024: Top five fintech funding rounds of the month
FinTech Futures takes a look back at five of the top funding rounds to take place over November.
November 2024: Top five movers and shakers stories of the month
FinTech Futures takes a look back at five of the top movers and shakers stories in November.
November 2024: Top five banking technology stories of the month
FinTech Futures takes a look back at five of the top banking tech stories of the month.
Autotruck Financial Credit Union selects Sharetec for core banking software and digital member tools
The credit union will utilise Sharetec’s solutions to enhance the digital banking experience for its members.
Cardless secures $30m funding round led by Activant Capital
The fresh capital brings Cardless’ total equity funding to date to over $90 million since its inception in 2019.
November 2024: Top five payments stories of the month
FinTech Futures takes a look back at five of the top payments stories from November.
November 2024: Top five AI stories of the month
FinTech Futures takes a look back at five of the top AI stories from November.
Sweden’s TF Bank selects Nice Actimize for AML SaaS solutions
TF Bank has tapped Nice Actimize for its cloud-based SaaS AML Essentials offering.
Video: Socure at Money20/20 USA 2024 – Powering ID verification and risk decisioning in financial services
Socure’s Johnny Ayers discusses the evolution of the digital ID verification landscape at Money20/20 USA 2024.
Manzil Wealth introduces new halal wealth management platform in Canada
Manzil Wealth has acquired Canadian Islamic Wealth to support its new platform’s debut.
November 2024: Top five fintech partnership stories of the month
FinTech Futures takes a look back at five of the top fintech partnership stories of the month.
Demystify Podcast: Demystifying agentification and personalisation in banking with Bud CEO Ed Maslaveckas
In this double episode special, Dave and Dharm chat with Ed Maslaveckas, CEO and co-founder of fintech Bud.
Canadian credit card issuer Collabria Financial taps Trulioo for ID verification tech
Trulioo’s platform will be used to verify more than 14,000 ID documents and 700 million business entities.
Ally Financial reportedly considering sale of credit card business
Ally Financial first acquired the business, then known as Fair Square Financial, for $750 million in 2021.
Moody’s expands lending tech suite with acquisition of Numerated Growth Technologies
Moody’s has maintained a partnership with Numerated since January this year.
ICYMI fintech funding round-up: Kalder, Pemo, PostSig, StoreCash, 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 – 22 November 2024
Our pick of the top fintech news stories this week includes Robinhood, CaixaBank, Nationwide and more.
SEC chair Gary Gensler to step down on 20 January
Gensler’s departure date coincides with US President-elect Donald Trump’s inauguration.
CFPB finalises rule to supervise big tech firms offering digital payment apps
The development cements proposals first put forward by the regulator in November last year.
BioCatch pilots fraud intelligence network with cohort of Aussie banks
Participating banks include NAB, ANZ, CBA, Suncorp Bank and Westpac.
Nationwide taps HPE GreenLake for private cloud deployment
The migration of its on-premises IT estate is expected to cut Nationwide’s IT operating costs by 30%.
Beacon unveils new digital wallet offering built for immigrants to Canada
Beacon’s new service will support bill payments, salary deposits, Interac e-Transfers, and more.
Mexican fintech Minu bags $30m Series B funding
Minu has now raised $47 million in total funding to date.
What the FinTech? | S.5 Episode 21 | Taking open banking payments mainstream
In this podcast episode, GoCardless’ Paul Foster discusses the growing adoption of open banking payments.
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.
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.
