Groww valued at $3bn following $251m Series E round
Groww will use the cash to expand its reach into underserved parts of India.
Consumer/Personal Finance
UK Autumn Budget 2021: What does it mean for fintech?
Rishi Sunak announced an update to his spending plans this week. FinTech Futures seeks out the fintech benefit.
Nigerian central bank launches eNaira CBDC
Central bank claims CBDC will boost financial inclusion in the continent’s most populous nation.
Live now, pay later
I’d love to see the excitement caused by BNPL stretch to areas where lending is desperately needed.
Digital savings platform Chip adds FSCS protection with ClearBank partnership
Chip savings accounts are now covered by FSCS on deposits up to £85,000.
New FinTech Futures Report: Creating financial inclusivity in a digital-first future
A deep-dive report into the industry, focusing on the emerging need for financial inclusivity.
Updraft secures £72m investment in NatWest-led funding round
The financial wellness platform hopes to wean users away from high-interest borrowing.
The top three community banking trends for 2022
These are the top trends in community banking that leaders should look out for in 2022.
FCA launches education campaign targeting inexperienced investors
InvestSmart aims to address new investors driven by competition and influenced by hype.
Fintech funding deals globally 18 October – 24 October 2021
Featuring N26, Deel, FTX, Zopa and Brex.
UK neobank Zopa raises $300m to fuel next phase of growth
The lending-focused challenger secured a UK banking licence last year.
Indian fintech start-up CRED secures $251m Series E funding
Fintech aims to incentivise members to pay credit card bills on time.
BNPL: The now and the later
How can the BNPL industry do more to protect consumers and help the world we live in?
SoFi partners Pagaya to boost access to financial services
SoFi plans to extend its credit lending services to a broader audience.
Inclusive investment start-up Wealth8 partners WealthKernel to launch new app
Wealth8 to launch a new mobile investment app for black and multi-ethnic communities.
The law of unintended consequences
I’ve been spending a lot of time thinking about programmable money. And this stuff scares me.
Embedded finance platform Alviere lands $70m in funding
New York-based fintech start-up raised the cash across two funding rounds.
GPS secures $300m investment to boost product development and global expansion
New financing follows an undisclosed investment from Visa last year.
2022: What’s on the cards for London’s fintech scene?
What lies ahead for the UK fintech sector in the new year and beyond?
Fintech start-up Tala secures $145m Series E funding
California-based firm will look to expand its product offering and grow its team.
French fintech Swile lands $200m investment to drive Latin American expansion
Start-up also plans to release two new digital-led products.
Standard Chartered to invest $500m in Asia’s largest BNPL platform Atome
Investment forms part of a 10-year partnership to deliver mobile financial services in the region.
Sibos 2021: Banking beyond Covid-19
Covid has changed the world, and now we have to pick up the pieces and deal with the aftermath.
BaaS platform Productfy raises $16m and forms card issuance partnership
Productfy provides companies with embeddable modules for payments, deposits, and card issuance.
Sibos 2021: Africa has world’s best demographics for financial services, says Standard Bank CEO
Investment and connectivity have created “vast opportunities”, says Sim Tshabalala.
Fintech funding deals globally 4 October – 10 October 2021
Featuring Devoted Health, CoinSwitch, Ajaib, Sky Mavis and Masterworks.
Sibos 2021: “I’ve never seen the industry refreshing itself more,” says SmartStream CEO
SmartStream CEO Haytham Kaddoura discusses the growing importance of AI and ML and the future of fintech.
Daily News at Sibos 2021
Download your free copy of the Sibos supplement today!
Australian lender MoneyMe lands $36m funding partnership
The money will be used to expand its product suite.
NatWest acquires child banking start-up RoosterMoney
Acquisition underlines strategy to help young people learn to manage money.
Video: fintech news pick of the week – Google, Monzo, NatWest & more
Our top pick of news from the world of finance and tech in bitesize video format, every week.
Finding out about finfluencers
People are turning to influencers on social media for guidance on everything, including finance.
If I had a penny…
If we’re going to talk about inclusion, don’t talk to me about current accounts. Talk to me about money.
Google pulls Plex after less than a year in development
Aborted banking project reflects change of financial services strategy at Google.
New fintech Z-Walet plans Egyptian launch targeting Gen Z
Founded in 2020, the firm is still at the waiting list stage.
Robo-advisor Betterment achieves unicorn status with $160m capital injection
The funding was drawn from a Series F round and $100m credit facility.
What the Fintech? | S.2 Episode 19 | Can’t see the wood for the VCs
Level Ventures’ Ian Foley joins us for this latest episode of our What the Fintech? podcast.
Debt platform CredAvenue raises $90m in Series A funding round
Significant investments in data science, machine learning, and AI are in the pipeline.
Amazon-backed Indian BNPL firm Capital Float raises $50m
The investment brings Capital Float’s total money raised to date to over $600m.
FNBM selects new core banking solution in Finastra’s Fusion Phoenix
Fusion Phoenix is key to the bank’s strategy to attract younger customers.
