UK fintech MoneyBoss plans on P2P personal finance
Wealth management fintech combines social media with online learning and account aggregation.
Banking
Open banking’s failure
The impact of open banking is on the scale of the industrial revolution. It just needs time to fully play out.
The power of CX: Helping banks redefine their role in society
Evlovers place consumers at the heart of their approach, above profits.
Ebury partners Santander to help German SMEs trade globally
The partnership plans to offer a solution that streamlines cross-border trade.
Barclays shuffles executive team as new group CEO settles into role
C.S. Venkatakrishnan stepped into the top job following the departure of former chief Jes Staley.
Appway hires Mark Holenstein as new chief operating officer
Onboarding and customer management firm picks up new C-suite hire.
Making the numbers dance
Numbers are always true. But they don’t always mean what you say they do.
Citi to take $1.5bn charge shuttering South Korean retail banking business
The charge related to the closure will affect the bank’s operations through the rest of 2021 and 2022.
Argentinian fintech Ualá to acquire Mexico’s ABC Capital
The company launched in Argentina in 2017 before expanding its services to Mexico last year.
Russian neobank Tinkoff appoints ex-Morgan Stanley exec as co-CEO
Pavel Fedorov joins Oliver Hughes from the company’s board of directors.
FinHub Global Ventures launches new business challenger Mixbank
Mixbank aims to provide banking and cash management for businesses without the need for a credit card.
US cloud AI platform H20.ai raises $100m in Series E round
Commonwealth Bank of Australia led the round and will form strategic partnership with H20.ai.
New fintech Uellbee aims to improve financial inclusion in Mexico
The firm will offer access to credit, financial coaching, and savings.
ID verification firm Socure valued at $4.5bn following $450m Series E round
The fintech plans to use the cash to develop new products, enter new markets and hire more staff.
Standard Chartered to launch climate-focused savings app powered by Starling
Named Shoal, the platform leverages Starling’s Banking-as-a-Service offering.
South African BaaS platform Jumo raises $120m in funding
The company will use the cash to expand into more emerging markets.
GroverPay plans easy lending for Singapore’s SMEs
New fintech says it can approve loans and onboard users in 24 hours.
UK neobank Monument given green light to launch by FCA and PRA
The neobank landed an authorisation with restriction (AWR) banking licence in October 2020.
New US fintech Wyshcast to boost financial inclusion with sandboxes
The service plans to offer a “fully-aggregated” and “one-stop” financial planning tool.
Can super apps save the day for SMEs and their banks?
Digitisation needs to be at the heart of the next wave of SME banking services.
Fintech funding deals globally 1 November – 7 November 2021
Featuring Mynt, Plate IQ, Chipper Cash, Mythical and Moonfare.
What the FinTech? | S.2 Episode 23 | An alternative approach to data
Marina Goche, chief executive officer at Sentifi, joins us on this week’s episode of the What the FinTech? podcast.
New US fintech Menta picks Agora to power credit builder platform
Menta’s platform is designed to improve access to credit for the underbanked.
Metro Bank confirms takeover approach from US private equity group
Carlyle has until 2 December to put a formal offer in place for the UK bank.
Video: fintech news pick of the week – Mynt, Oracle, Standard Bank & more
Our top pick of news from the world of finance and tech in bitesize video format, every week.
FinTech Futures Jobs: Three exciting roles to apply for in November
Exciting vacancies at Finastra, OakNorth and Grant Thornton. Apply today!
Raisin Bank launches BaaS offering on Mambu’s cloud banking platform
German bank claims to be one of the first lenders entirely on the cloud in its home country.
BNPL giant Klarna acquires Nordic price comparison site PriceRunner
Firm aims to diversify its offering with price comparison platform acquisition.
BBVA enters open finance partnership with Italy’s Sella
The European multinationals will utilise open banking platform Fabrick.
Aligning the finance industry with the Greta good
Let’s dive deeper into what the finance industry can do to help tackle climate change.
Cambodia’s Hattha Bank picks Temenos to drive SME lending
SMEs comprise approximately 99.8% of all businesses in the country.
Kuwait’s Boubyan Bank picks iGTB to revamp cash management
The bank is in the midst of a five-year transformation plan across its channels.
Lloyds hires former HSBC man Boteju as new group chief data officer
Boteju says he is “super motivated” by his new employer’s message about building back.
Metro Bank director of technology departs after less than two years
Sailesh Panchal announced his departure on social media.
White paper: Digital identity management – the foundation of successful financial services
Success today requires platforms designed to deliver innovative omnichannel experiences.
Privilege makes for bad leadership
Here’s a fun fact for you: no matter who you are, most of the world is not like you.
HSBC taps CloudBees to streamline software delivery
The bank hopes to address the challenges associated with software delivery at scale.
Reimagining business models for a post-COVID banking future
Banking was already in the throes of change when the pandemic hit, but how does the industry recover?
Webinar: Revamping banking operations – from fragmentation to a seamless experience
How to approach digital transformation to ensure operational flexibility and a seamless experience for end users.
Egypt’s MIDBANK picks Temenos for digital banking revamp
Temenos’ Transact and Infinity products will replace the bank’s legacy systems.
