Stripe appoints Microsoft’s James Phillips as new president of financial services
James Phillips joins Stripe after a decade at Microsoft.
News
Anti-fraud platform SEON raises $94m Series B to fuel global expansion
The start-up will use the fresh capital to expand throughout North America, LatAm and APAC.
FinTech Futures: Top five stories of the week – 15 April 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
ICYMI fintech funding round-up: Winden, EximPe, Uplinq, ImaliPay & SwooshTransfer
Our weekly fintech round-up for you to get the latest funding news from around the world.
Crypto paytech MoonPay receives $87m from entertainment and sporting stars
MoonPay CEO says: “Web3 is radically changing the way we approach the business of entertainment, sports and music.”
Microsoft teams up with Finastra to offer SME lending through Dynamics 365
Microsoft says the partnership will drive value for SMEs, “the backbone of job creation in the world’s economy”.
What the FinTech? | S.3 Episode 5 | AI in financial services
In this episode of the What the Fintech? podcast, we’re joined by Kevin Levitt of Nvidia.
Lea County State Bank taps Jack Henry for digital transformation
Jack Henry says its digital solutions will allow the firm to compete with large banks and fintechs.
Circle lands $400m funding round featuring BlackRock, Fidelity
The funding round is expected to close in the second quarter of 2022.
Capital on Tap scores $200m funding facility to drive US growth
The firm launched its US credit card in March 2021 and has an office in Atlanta.
Form3 partners Goldman Sachs TxB to launch FX solution
Form3 CEO says the partnership with Goldman Sachs TxB forms part of the company’s growth strategy.
Creator economy e-commerce platform SamCart raises $82m Series B
The round saw participation from Eldridge, TTV Capital, Fin VC, George Kaiser Foundation and eGateway Capital.
Stripe-backed one-click checkout fintech Fast folds
Fast CEO Domm Holland says: “Sometimes trailblazers don’t make it all the way to the mountain top.”
Spain’s Ritmo lands $200m in debt funding to drive growth
The Madrid-based company has raised $225 million to date in debt and equity funding.
Video: NatWest at Finovate Europe 2022 – tackling payment-related fraud
FinTech Futures chats with NatWest’s Jane Barber about how to combat payments fraud.
Binance.US lands $200m in first funding round at $4.5bn valuation
The digital asset exchange will use some of the new funds on developing new products and services.
Bolt to acquire crypto API provider Wyre in push to “democratise commerce”
Bolt will integrate Wyre’s crypto stack, giving developers blockchain protocols to build financial products.
FinTech Futures: Top five stories of the week – 8 April 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Video: Theo Lau at Finovate Europe 2022 – the future of AI in finance
FinTech Futures chats with Theo Lau about the use of AI in finance and future tech trends.
US digital challenger Battle Bank taps Temenos for cloud banking solution
Temenos’ platform will support Battle Bank’s foreign currency, market index and precious metals products.
ICYMI fintech funding round-up: Gotrade, lemon.markets, Unifimoney & Gaviti
Our weekly fintech round-up for you to get the latest funding news from around the world.
Ellevest raises $53m in Series B funding backed by female investors
Ellevest saw investment from new women-led investors such as Halogen Ventures and Cleo Capital.
US start-up Remote raises $300m in Series C funding
The firm previously secured $150 million in a Series B round in July 2021.
Credit fintech Liquidity lands $775m to fuel growth
Apollo partner Joshua Black will also join Liquidity’s board of directors.
Langley FCU taps Diebold Nixdorf for ATM-as-a-Service offering
Langley FCU will replace its entire ATM fleet with new DN Series devices.
Savings and retirement wealthtech Lilly set to launch in US
Billed as “the world’s first retirement debit and credit card”, the service will cost from $5 a month.
LSEG acquires digital ID verification data provider Global Data Consortium
GDC is a global provider of identity verification data to support clients with know your customer (KYC) requirements.
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.”
Apple reportedly looking to build its own payments and lending infrastructure
Plans reportedly include bringing services such as payment processing and risk assessments for lending in-house.
Cartoon: Free solo
A new cartoon illustrating the difference in expectations between a start-up entrepreneur and a VC firm.
Banking Technology Magazine April 2022 issue out now
Cover story: WINDS OF CHANGE – Tackling the carbon cost of technology.
White paper: Inter-bank privacy enhanced information sharing – fraud detection and prevention
The use of privacy-enhancing technologies that enable banks to share customer account and device information.
Money transfer app Azimo acquired by payroll and payments firm Papaya Global
The acquisition follows Papaya Global’s $250 million Series D funding round last September.
Cross River lands $620m investment to fuel expansion
The round was led by Eldridge and Andreessen Horowitz.
RBC set to acquire UK wealth management firm Brewin Dolphin in £1.6bn deal
The deal is subject to shareholder and regulatory approval and is expected to be completed by Q3 2022.
Webinar: How to drive up digital completion rates with hybrid banking
Learn how to optimise the digital customer experience, merging the two worlds of digital and physical.
FinTech Futures: Top five stories of the week – 1 April 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Video: SmartStream on the use of AI and ML for regulatory alignment and transaction reporting
FinTech Futures chats with Jethro MacDonald, product manager at SmartStream.
US fintech Mosaic secures $25m Series B funding
The Mosaic platform was launched in 2019 and is designed to ‘reboot’ financial planning and analysis.
Modern Treasury lands $50m in Series C extension
The extension brings the company’s total Series C funding to $135 million.
