FinTech Futures Report: Banking and payments in 2022 – digital transformation & trends in financial technology
Learn how to increase efficiency and gain a significant advantage over competitors.
Financial Services/Finserv
SIX, BIS and SNB conduct CBDC core banking integration test
Citi, Credit Suisse, Goldman Sachs, Hypothekarbank Lenzburg and UBS also took part in the experiment.
Indian fintech FPL Technologies raises $75m in Series C round
Pune-based FPL’s products are designed to create a credit-savvy population.
Video: fintech news pick of the week – Checkout.com funding; UK fintech investment; digital currency pilot in Bahrain
Our top pick of news from the world of finance and tech in bitesize video format, every week.
Matt Collinge joins start-up Sequence as CTO
UK-based start-up Sequence is “creating a new category of software”.
Instant payments come to Curaçao and Sint Maarten
The system was developed by European paytech provider Worldline.
FinTech Futures Jobs: Three exciting companies that are hiring in 2022
Exciting open vacancies at Klarna, Seedrs and Starling Bank. Apply today!
Digital asset fintech Zero Hash lands $105m in Series D round
The round saw participation from Bain Capital, NYCA and Point72 Ventures.
Ebury appoints HSBC innovation head Louise Chan as new COO
Chan is taking on an expanded role, covering operations, product, data and regulatory reporting.
Sydney fintech start-up Cape makes tech and product leadership hires
Julian Guppy joins as CTO and Andrew Fanner as chief product and marketing officer (CPMO).
Pan-African Payment and Settlement System goes live
PAPSS will save Africa more than $5 billion in payment transaction costs every year.
United Fintech acquires 25% stake in asset management platform Athena
The multi-stage acquisition deal is the company’s fourth acquisition in 14 months.
Six reasons why landlords should re-evaluate their choice of bank
Banks should be in a strong position to support landlords, but unfortunately, this is rarely the case.
ICYMI funding round-up: DigiDoe, Acorn Finance, ThankUCash, Trust & Will, MDXT, & Paywatch
Don’t let funding announcements slip you by in this fast-paced industry.
The 10th NextGen Payments and Regtech Forum
The event will be hosted between 9 March – 10 March in Dublin, Ireland.
UK consumer lender Oplo acquired by challenger bank Tandem
Together, Tandem and Oplo will “create a fairer, greener digital bank”.
Accrue Savings raises $25m to offer consumers “a responsible purchasing option”
The Series A funding round was led by Tiger Global.
Swiss digital assets bank SEBA raises $120m in Series C funding round
The round was co-led by a consortium of specialised blockchain and fintech investors.
Crypto exchange CoinDCX names former Wells Fargo exec Divakar Prayaga head of information security
Launched in 2018, CoinDCX claims to be India’s “safest crypto exchange”.
Alternative investment platform CAIS hits unicorn status with $225m funding
CAIS describes itself as “the first truly open marketplace for alternative investments”.
French fintech Qonto secures €486m Series D funding to boost European growth
The bumper funding round takes the start-up’s valuation to €4.4 billion.
Solution brief: Arkose Labs for fintech
Arkose Labs bankrupts the business of fraud by sabotaging attackers’ ROI and making it uneconomical to attack you.
Checkout.com secures bumper $1bn Series D round at $40bn valuation to boost US growth
The paytech has now raised around $1.8 billion in total funding to date.
US SME banking platform Novo raises $90m in Series B funding
Novo CEO Michael Rangel says the funds will go towards improving cash flow for small businesses.
ABN Amro’s Christian Bornfeld to leave role as CI&TO in May
Bornfeld has been “instrumental in future-proofing the bank’s IT landscape”, says CEO.
Brex hires Meta product head Karandeep Anand as CPO, lands $300m funding
Since its founding in 2017, Brex has raised a total of $1.2 billion.
Sumitomo Mitsui Trust Bank invests in Indian lender DMI Finance
DMI Finance has closed a $47 million equity investment round.
KoinWorks raises $108m in Series C to power Indonesia’s SME sector
KoinWorks aims to hire 400 new employees globally.
White paper: 8 trends fuelling account takeover attacks on fintechs
How fraud and security teams are navigating the increasingly complex threat landscape.
Case study: Fintech neobank slashes ATOs by 75% with Arkose Labs
No more losing about $100,000 per week in costs associated with compromised accounts!
Levenue acquires fellow Dutch financing platform Requr
Fintech says acquisition will make it the “go-to funding solution” for European subscription-based businesses.
Citizens State Bank picks Lendsmart for mortgage solutions upgrade
Lendsmart’s technology digitises up to 70% of lending and home buying processes.
Core banking solution provider Topaz acquires majority stake in Cobiscorp
The acquisition is set to expand the firm’s footprint across the Americas.
Consolidation of the BNPL industry: what does it mean?
With regulation on the horizon, the BNPL sector is seeing a number of cross-industry consolidations and partnerships.
FinTech Futures Jobs: New year, new job? Here are three great opportunities to apply for this week
Exciting open vacancies at Monzo, Seedrs and Klarna. Apply today!
Fintech funding deals globally 3 January – 9 January 2022
Featuring OpenSea, PayFit, Petal, Sygnum and Starling Bank.
UK fintech sees record investment in 2021 following pandemic slump in 2020
Nearly half of all fintech investment in Europe was made in UK, Innovate Finance data shows.
Customers Bank brings digital asset bankers onboard
Investment “signals we are a serious participant in this space”, says CEO.
Why the key to effective engagement banking lies in behavioural science
Banks should look to utilise behavioural science to design digital experiences that promote better decision-making.
Video: fintech news pick of the week – Petal, Unibo, & iProov
Our top pick of news from the world of finance and tech in bitesize video format, every week.
