African fintech Wave hits unicorn status with $200m Series A round
The fintech start-up says it wants to “bring digital finance to everyone in Africa”.
Digital
Global Payments to acquire MineralTree in $500m deal
The acquisition will expand Global Payments’ B2B offering.
ICYMI funding round-up: TruePay, BankiFi, Aurelia, Jeff & more
Another collection of funding rounds and raises from all over the world you might have missed this week.
Trade surveillance fintech Eventus secures $30m Series B funding
Eventus will use the Series B cash to continue its growth.
PayPal acquires Japanese BNPL unicorn Paidy in $2.7bn deal
PayPal sees the deal as a way to accelerate business in Japan.
Hoddle hires former FCA man Gidla as new COO
John Gidla joins the fintech after three years at the Financial Conduct Authority.
Digital challenger Varo Bank lands $510m in Series E funding round
Funds will be used to boost product and tech development and fuel customer growth.
Globalisation, crypto and the new cold war
The emergence of blockchain and digital currencies is sparking a new tech battle across the world.
Live Oak Bank switches retail and commercial accounts to Finxact core
North Carolina bank ticks off penultimate stage of ongoing transformation.
Fintech ecosystem MNT-Halan lands $120m funding
The Egyptian digital platform connects merchants and users who are typically excluded from financial institutions.
Visa partners Indian paytech to push offline payments
Innoviti says it is committed to building a cashless India, driving financial inclusion across the country.
Yolt shuts down app to focus on open banking technology services
The Yolt app has more than 1.6 million downloads.
Expense management platform Jeeves secures $57m Series B funding
The new investment takes the start-up’s valuation up to $500 million.
Standard Chartered sets aside $107m for new digital bank in Singapore
UK-listed lender forms joint venture with Singapore’s National Trades Union Congress.
China Bohai Bank taps Bairong for AI-powered digital upgrade
China Bohai Bank will utilise Bairong’s fraud and loan monitoring systems.
How can identity security help solve the compliance conundrum?
Evolving tech has led to a growing number of cyber threats for FIs, as well as more compliance requirements.
Investcorp tech fund snaps up e-wallet firm MIR
The acquisition marks the eighth investment from the private equity firm’s Investcorp Technology Fund IV.
Report: “Fintech vs Fintech”? The rise of digitalisation in banking
FinTech Futures launches its latest report looking into the changing nature of digital technologies in our industry.
Fintech software firm Veritran hits $225m valuation with Trivest investment
Veritran’s enterprise low-code platform facilitates billions of transactions annually.
Major Indian banks launch Account Aggregator project
New programme aims to extend financial services to millions of new customers.
Point raises $46.5 million to build out premium debit card
US challenger aims to create an anti-credit card.
CBDCs are now a reality: digital payments security needs to catch up
The potential benefits of CBDCs will only be realised if consumers trust the technology.
Dock: meet in person on 24 November 2021 in London
Get ready for face-to-face interaction! Free VIP passes for banks & financial institutions.
Fintech funding deals globally 30 August – 5 September 2021
Featuring Insurify, Snap Raise, Clicklease, Jeeves and Origin.
What the Fintech? | S.2 Episode 17 | ISO fast, ISO furious
VTB Bank’s Elena Barabanova joins us on this episode of the What the Fintech? podcast.
Thought Machine to hit unicorn status with £150m funding round
Core banking vendor expecting mammoth capital raise this month.
Fired credit union employee deletes 21GB of internal data in 40-minute spree
Juliana Barile accessed her old account and destroyed sensitive documents.
BitConnect faces $2bn SEC fraud charge
SEC alleges BitConnect and founder Satish Kumbhani siphoned investor funds into digital wallets.
PayTech Awards 2021 Winner: VTB Bank – Best Green Initiative
Settlement Centre at VTB Bank: green, efficient and innovative.
Video: fintech news pick of the week – BillDesk, Banco Inter, OPay & more
Our top pick of news from the world of finance and tech in bitesize video format, every week.
ICYMI funding round-up: SurePay, Capitalise, FV Bank & more
Another collection of funding rounds and raises from all over the world you might have missed this week.
Crypto exchange FTX.US acquires derivatives platform LedgerX
The firm aims to bring regulated crypto derivatives to its US user base.
Databricks hits $38bn valuation with $1.6bn Series H round
Data and AI firm plans to turbocharge adoption of its ‘lakehouse’ data management architecture.
Mambu takes the Cake with new digital banking deal
Cloud core banking vendor wins deal with new Vietnamese digital bank Cake.
Exclusive: Oracle FS wins major core banking deal with Gulf Bank
The front-to-back operation is set to be a major undertaking.
Your financial digital twin
What if you had a digital twin that could manage your money faster and better than you?
White paper: Accelerate financial services innovation
Read this e-book to discover the benefits of Open Source hybrid cloud technologies financial services organisations.
Technical brief: Scalable, actionable anti-money laundering infrastructure
Open source AML solutions offer lower costs, rapid technology evolution, and broad community-based innovation.
Report by 451 Research: The role of AI in automating processes and decisions
451 Research interviewed 593 business and IT leaders and found that 36% are prioritising process automation.
Analyst paper: Improving the customer experience – the top objective for financial innovation
An in-depth look at innovative models that use new technology solutions, data, and AI capabilities.
