The Credit Thing goes live with TrueLayer’s recurring payments API
The Credit Thing will now use TrueLayer’s recurring payment API for improved customer experience.
Financial Inclusion
MarketFinance raises debt financing from Deutsche Bank
The company says the funds will be used to provide up to £100 million in lending to UK SMEs.
Ophelos partners Plend for ethical debt resolution
Ophelos’ machine learning platform will enable Plend to support customers in debt with “fair” payback options.
US fintech Current launches platform API with Plaid as first partner
Current’s platform API enables fintechs to build embedded financial services solutions quickly and easily.
Paying it forward: how Zirtue aims to remove the stress from relationship-based lending
FinTech Futures speaks with Zirtue co-founder and CEO Dennis Cail about tackling predatory lenders.
Fintechs need to take the lead on mental health
Fintech firms cannot disregard the risk of poor mental health among their workforce as ‘just part of the role’.
Brazilian fintech Nomad raises $32m in Series B funding
Nomad previously raised a $20 million Series A round in July 2021.
MPOWER Financing hires Wall Street exec as new head of capital markets
Zaki will lead strategic partnerships for the fintech firm as part of his new role.
LeapFrog and Tana Africa invest in Nigerian paytech Interswitch
LeapFrog and Tana will work with Interswitch to increase its customer base and develop new products.
Altro bags $18m in funding to help people build credit
Altro aims to help people build credit through recurring payments and subscriptions such as Netflix and Hulu.
UK government unveils new law to protect access to cash
Economic secretary to the Treasury John Glen says: “We know that access to cash is still vital for many people.”
MDI aims to become Egypt’s first fully digital bank
MDI aims to drive financial inclusion within Egypt.
Apple invests $25m to help underserved communities via fintech platform CNote
CNote has already started moving Apple’s money into the communities through its platform.
Teen financial literacy app Wingocard shuts down
The Montreal-based fintech was founded in January 2020 and launched in May 2021.
Never having to be “the only”: the importance of representation in fintech
Representation is imperative for business success, and the fintech industry still has strides to make.
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.
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.
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.
Another brick in the wall: how Bloom is helping teens build financial literacy skills
Bloom enables teenagers to start building wealth by investing in the stock market and learning about finances.
Fintech app for teens Copper secures $29m Series A
The latest round takes Copper’s total capital raised to date to $42.3 million.
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).
Edtech start-up Gimi teams up with ABN Amro to launch kids’ financial literacy app
The co-branded app is aimed at parents and youngsters between the ages of seven and 13.
The complexities of getting funds to the people who need them during a crisis
Moving money where it’s needed quickly, reliably, and cost-effectively is more important than ever.
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.
Canadian neolender QuadFi lands $100m financing facility
The facility will be used to provide personal loans to people with limited credit history.
ICYMI fintech funding round-up: Union54, Themis & Sawa
A handy round-up of the recent funding endeavours of fintech companies across the globe.
UK paytech MYPINPAD merges with Singapore’s SmartPesa
The new combined entity will operate under the MYPINPAD brand and will double its global footprint.
Immigrant-focused fintech Welcome Tech raises $30m
The new funding brings the firm’s total capital raised to date to $70 million.
Nigerian digital bank Umba raises $15m Series A funding
Following the Series A, Umba has now raised a total of around $17.5 million to date.
FinTech Futures: Top five stories of the week – 15 April 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
ICYMI fintech funding round-up: Winden, EximPe, Uplinq, ImaliPay & SwooshTransfer
Our weekly fintech round-up for you to get the latest funding news from around the world.
Nubank secures $650m credit line to boost international growth
The neobank is looking to accelerate its growth in Mexico and Colombia.
Nigerian fintech start-up Kippa launches digital payments offering for African SMEs
Kippa Payments is the second product launched by the start-up since it was founded in June 2021.
German fintech ExpressGroup lands €25m Series A
The round was led by Insight Partners and Project A Ventures.
Video: Theo Lau at Finovate Europe 2022 – the future of AI in finance
FinTech Futures chats with Theo Lau about the use of AI in finance and future tech trends.
Savings and retirement wealthtech Lilly set to launch in US
Billed as “the world’s first retirement debit and credit card”, the service will cost from $5 a month.
Egyptian super-app Khazna secures $38m Series A round
Khazna has now raised a total of $47 million to date.
UK credit card start-up Yonder exits stealth, raises £20m
Yonder is designed for the five million-strong ‘credit invisible’ market underserved by current credit providers.
How fintech can boost financial inclusion for Latin American SMBs
Fintech can give SMBs better access to financing to encourage progress and development.
Video: Morgan Stanley at Finovate Europe 2022 – driving financial inclusion
FinTech Futures chats with Morgan Stanley’s Sanghamitra Karra about the importance of financial inclusion.
