Former EU commissioner joins fintech start-up W1tty ahead of planned launch
W1tty’s finance app is set to launch in Poland and Lithuania this autumn.
Consumer/Personal Finance
FinTech Futures Jobs: Three fintech jobs you need to check out this week
Exciting vacancies at Grant Thornton, Deloitte and BNY Mellon. Apply today!
Former CBA chief digital officer launches mortgage fintech True Savings
The platform claims to take “less than a minute” to search for home loan options.
Fintech funding deals globally 12 July – 18 July 2021
Featuring insightsoftware, Revolut, Lunar, Quantexa, and M1 Finance.
Discover targets BNPL offering with $30m Sezzle investment
The firm plans to launch a BNPL network solution on the Discover Global Network.
Classic product placement has had its day
Product placement is easily recognised by the customer and viewed negatively.
Video: fintech news pick of the week – Revolut, Lunar and the UK fintech sector
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
M1 Finance secures $150m in SoftBank-led funding round
The firm claims the investment now takes its total valuation to $1.45 billion.
Digital wealth manager Syfe lands $30m Series B funding
The financing comes nine months after its $18.6 million Series A round.
Lune launches UAE’s first personal finance management app
The company is aiming to improve financial literacy in the region.
What the hell happened to help?
Banks could do more to provide financial education, guidance and advice to customers.
Revolut hits $33bn valuation with $800m Series E investment
The round was led by SoftBank’s Vision Fund 2 and Tiger Global.
Apple reportedly in talks with Goldman Sachs to launch BNPL service
Goldman Sachs has been Apple’s partner for the Apple Card credit card since 2019.
Singapore start-up Bambu acquires investment and trading wealthtech Tradesocio
Bambu plans to tap into Tradesocio’s presence across EMEA and India.
International Bank of Somalia partners Visa to launch card payment service
The partnership will enable cashless payments in the country.
Danish digital bank Lunar secures €210m Series D funding
The challenger says the funds will be used to continue its growth and launch new products.
Video: fintech news pick of the week – Wise, LBGI and Circle
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
FinTech Futures Jobs: Three great roles open in the UK right now
Exciting vacancies at Grant Thornton, Deloitte and Finastra. Apply today!
Winners announced for the 2021 PayTech Awards
24 winners and 31 highly commended for projects, companies, products, individuals and teams!
Credit and payments platform Younited lands $170m investment
The new funding brings the French firm’s total raised to $400 million.
ChangeFi CEO: “We have to be on the ground with our communities”
ChangeFi is looking to give “equal access to the American dream”.
Video: fintech news pick of the week – Danske Bank, Rapyd and Deutsche Börse
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Kakao Pay files for IPO with $1.4bn target
The firm is scheduled to debut on KOSPI on 12 August.
Video: fintech news pick of the week – Viva Republica, JP Morgan and NatWest
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Capital Bank picks Codebase to launch new neobank in Jordan and Iraq
The new offering will be powered by Codebase’s Digibanc platform.
Danske Bank to merge MobilePay with Nordic payment apps Vipps and Pivo
The parties say they have joined forces to “strengthen product development and innovation”.
Let’s talk about sex (as in gender), baby!
Women and men seem to differ in their attitudes to banks and banking products and services.
Ghana International Bank selects Backbase to drive digital transformation
The Dutch fintech will act as the core strategic partner for the bank’s digital operations.
JP Morgan to acquire fintech start-up OpenInvest
The US bank is looking to boost its ESG investment offerings.
Commercial Bank of Kuwait picks TCS treasury solution
The Middle Eastern bank is looking to transform its treasury operations.
Six global banks endorse Swift’s new platform for international payments flows
The transaction management platform is set to launch in November 2022.
JP Morgan Chase acquires 40% stake in Brazil’s digital challenger C6 Bank
Launched in 2019, digital bank C6 has more than seven million customers.
Video: fintech news pick of the week – Visa acquires Tink; Raisin merges with Deposit Solutions
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Canada’s League Data picks Mambu’s cloud banking platform
The cooperative company says Mambu was the “clear choice” to modernise its core platform.
ClearScore lands $200m investment from Invus
The UK fintech is looking to accelerate its global expansion.
Deutsche Bank partners Oracle to upgrade its IT systems
The bank is looking to modernise its database tech and accelerate its digital transformation.
Atom Finance raises $28m Series B round led by SoftBank
The firm plans to use the funding to fuel global subscriber growth.
Millennial home buying platform Lower lands $100m Series A led by Accel
The Ohio-based firm plans to use the funds to expand its product line and accelerate growth.
Migrant banking start-up Majority raises $19m in seed funding
The firm offers a mobile banking service for migrants across the US.
Fintech funding deals globally 14 June – 20 June 2021
Featuring Ebanx, ThinCats, Guideline, Bunq, and 10x.
