Latin American Bitcoin rewards credit card provider YoCripto readies for launch
YoCripto is on a mission to be the first in Latin America to offer a credit card with Bitcoin rewards.
News
Deloitte hires Bob Savino to offer new BaaS solution for financial institutions
Savino will head up a fintech start-up team as the consultancy looks to bring a new BaaS solution to market.
ICYMI funding round-up: Estateguru, SaaScada, tell.money, Cheq, GMEX & Bluezone
A handy round-up of the recent funding endeavours of fintech companies across the globe.
First Bank partners Finzly to offer payments services to business customers
First Bank says Finzly’s Payment Hub “gives us the speed and agility to offer a fintech-like payment experience”.
UK credit fintech Pillar raises £13m pre-seed round
The round, led by Global Founders Capital and Backed VC, saw participation from a number of angels.
EU Commission blasts anti-competitive Apple for lack of third party NFC access
The EU Commission claims Apple has violated anti-trust rules for the benefit of its own Apple Pay.
LatAm SME financial services platform Xepelin raises $111m Series B
The company operates in Mexico and Chile and has more than 450 employees spread throughout LatAm.
First United Bank & Trust taps Finotta for personalised mobile banking
First United says the partnership will support its “vision to elevate 10 million lives by the year 2030”.
White paper: Successfully implement and operationalise ML models to optimise & accelerate credit decisions
Make artificial intelligence (AI) and machine learning (ML) models more accessible in your credit lifecycle.
Truist snaps up Gen Z-focused personal finance app Long Game
Under the deal, Long Game’s engineers, designers and business leaders will join Truist’s innovation team.
NLP platform for financial services Accern raises $20m
Accern CEO says: “With this funding, we will scale sales and marketing to empower more citizen data scientists.”
Co-branded credit card platform Concerto launches with $21m funding
The early-stage round was led by Matrix Partners and saw participation from PayPal Ventures.
Rewards platform Kard secures $23m in Series A funding round
The new funds will be used to expand its merchant network and product offering.
California fintech Point secures $115m Series C to accelerate growth
Point enables homeowners to unlock equity from their homes.
Banking Technology Magazine May 2022 issue out now
Cover story: THE NEED FOR SPEED – Getting money to those that need it, fast.
FinTech Futures: Top five stories of the week – 29 April 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
North America fintech funding round-up: CoreChain, OneVest & Crowdz
This week’s funding round-up includes three North American fintechs – CoreChain, OneVest & Crowdz.
CFPB invokes “largely unused” Dodd-Frank law to scrutinise fintechs
“This authority gives us critical agility to move as quickly as the market,” CFPB director Rohit Chopra says.
Fintech app for teens Copper secures $29m Series A
The latest round takes Copper’s total capital raised to date to $42.3 million.
What the FinTech? | S.3 Episode 6 | Passwordless is more
In this episode, we’re joined by David Vergara, senior director of product marketing at OneSpan.
US challenger Cogni lands $23m in Series A funding
Cogni claims to be focused on bridging the gap between Web2 and Web3 capabilities.
Robinhood announces layoffs, sheds 9% of full-time workforce
CEO Vlad Tenev cites duplicate roles and job functions and “more layers and complexity than are optimal”.
US paytech Choice brings on Nexa Equity as majority investor, acquires DPC
Nexa Equity aims to scale Choice through both “organic initiatives” and strategic acquisitions such as DPC.
Fintech start-up Valor set to launch in US for Latino and Hispanic communities
The company was founded by WePay alumni Parag Gupta (CEO) and Sankate Sharma (CTO).
Webinar: What are the top trends and technologies transforming financial services?
Game-changing technologies, including cloud, AI/ML, containers, APIs, and blockchain, and adoption strategies.
White paper: Banking in the cloud – how to do it right
Gain best-practice insight on how you can generate more value from your cloud strategy.
MoneyGram sued by CFPB and NYAG for allegedly “leaving families high and dry”
MoneyGram responded to the “baseless claims”, adding it is “fully prepared to vigorously defend itself”.
US fintech Bond teams up with Evolve Bank & Trust for BaaS offering
The partnership will offer new debit and credit card capabilities for businesses and consumers.
US financial services super-app Multicent gears up for launch
Multicent will offer personal and business accounts, a crypto exchange and merchant services.
Case study: Privacy preserving genome wide association studies powered by Duality
How to pool together large amounts of data from different entities, privately and securely, to provide the basis for accurate data discovery and analysis.
FinTech Futures: Top five stories of the week – 22 April 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Video: Greg Palmer at Finovate Europe 2022 – The future of fintech
Finovate’s Greg Palmer on how the pandemic accelerated the digitisation of financial services.
Canadian neolender QuadFi lands $100m financing facility
The facility will be used to provide personal loans to people with limited credit history.
Alkami tapped by ORNL Federal Credit Union for digital banking upgrade
The Alkami Platform will power ORNL FCU’s growing digital offering, with new services set to be rolled out.
ICYMI fintech funding round-up: Union54, Themis & Sawa
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Cartoon: Market dilemma
A new cartoon illustrating how venture firms are reacting to the changing macro environment.
E-book: Knowledge is power – the role of AI in building loyalty in finance
Answering the question of what, despite changing times and expectations, the key to success is.
Osterman research report: privacy compliance in the US, status and progress in 2022
The emergence of new privacy regulations in the US and recommendations for the next wave of compliance.
Investment management platform FundGuard lands $40m Series B
The round saw participation from Citi, State Street, Blumberg Capital, LionBird Ventures and Team8 Capital.
Trading app Robinhood plots global expansion with acquisition of UK crypto firm Ziglu
Robinhood says the deal forms part of its mission to “democratise finance”.
