Exclusive: Oracle FS wins major lending deal with AT&T
US telecoms giant picks lending and leasing solutions.
Financial Services/Finserv
Financial infrastructure firm Prime Trust secures $64m Series A funding
Las Vegas fintech looks to continue its growth and expand into new markets.
QR codes – changing the consumer experience in banking
Introducing the “touches ATM experience” with QR codes.
Cuscal picks BHMI’s Concourse to support upcoming NPP initiative
PayTo will look to enhance the current NPP payments system.
Nigerian challenger Kuda raises $55m in Series B funding round
Kuda lands valuation of $500 million, and total raised of $91m.
Survey: Green/sustainable finance within the banking technology industry
Fintech Futures is conducting a brief survey concerning green/sustainable finance and would very much like your input.
Climate First Bank launches in Florida with Finastra Phoenix at the core
Florida-based lender plans to meet and exceed a range of green initiatives.
Airtel Africa’s mobile money business receives $200m from QIA
QIA gains a minority stake in African mobile payments firm.
Card issuing platform Lithic secures $60m Series C funding
The raise follows hot on the heels of its $43 million Series B in May.
Behalf raises $100m in debt financing to expand BNPL offering for B2B firms
The company also secured $19 million in a venture funding round.
Capturing the Gen Z market starts with onboarding
Fintechs should deliver the digital-first experience Gen Z expects from the minute they sign up.
Video: fintech news pick of the week – Square, Lloyds and VNLIFE
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Rapyd raises $300m in Series E funding round
The financing follows a $300 million Series D round earlier this year.
Digital banking start-up Mercury hits $1.6bn valuation with new $120m funding
Digital bank secures unicorn status with Series B funding round.
Figure Technologies closes $200m Series D funding round
Blockchain infrastructure provider hits $3.2 billion valuation.
Vietnamese fintech VNLIFE lands $250m Series B funding
The funds will be used to fuel its “continued digitisation of Vietnam’s service ecosystem”.
FCA investigating Monzo as challenger reports £115m yearly loss
The FCA is investigating Monzo over potential breaches of money laundering laws.
Robinhood falls short of $35bn valuation target in subdued IPO debut
Shares fell in value by as much as 12% before recovering last week.
The future of paytech in APAC
Some of the emerging paytech trends that have gained momentum in APAC.
Report: Self-service banking – the key to customer acquisition and retention
Fintech Futures investigates how self service banking has changed and what firms can do to keep up.
Fintech funding deals globally 26 July – 1 August 2021
Featuring iCapital, Fireblocks, VNLIFE, Solarisbank and At-Bay.
Finnovex Southern Africa Summit: agile digital disruption strategies for banks and FIs
This year’s theme was “Adapting Reinvention to a Rapidly Changed World”.
Klarna builds out retailer support with APPRL acquisition
The deal adds a platform for linking creators and retailers to Klarna’s retail ecosystem.
Finleap connect buys Iberian open banking firm MyValue Solutions
The deal expands the Berlin-based finleap’s presence in the Iberian market.
Square plans $29bn acquisition of Aussie BNPL firm Afterpay
The deal will become Australia’s largest ever acquisition.
Fiserv partnership with Goldman Sachs brings initial B2B payments offering
The two companies have forged a strategic relationship which will see additional combined solutions.
NewDay launches UK’s first cardless consumer credit offering
The credit provider plans a full launch of the paperless and plastic-less “Bip” later this year.
UK BNPL Payl8r raises £40m in debt financing from Conister Bank
Manchester-based fintech has plans for a £1 billion valuation by 2026.
RBC Wealth Management picks Broadridge to power US division
Multi-year deal also features Broadridge’s Asset Servicing platform.
Video: fintech news pick of the week – Solarisbank, Tesco Bank and Nium
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
FinTech Futures Jobs: Three brilliant jobs to apply for this week
Exciting vacancies at Broadridge, CSC and OakNorth. Apply today!
ICYMI funding round-up: Cobee, Sila, Vincent, WhenThen, Clara & more
Another batch of funding rounds that might have flown under your radar.
Digital wallet start-up Eco lands $60m investment
Eco launched its app in March and has now raised around $94.5 million in funding.
Lloyds to acquire savings firm Embark Group in £390m deal
UK bank aims for “top three” position in the retirement and savings market.
New banking software deals for Oracle FS in Africa and India
Addis International Bank, Arab Commercial Bank, and OmniBSIC Bank are the new Flexcube takers.
Singapore fintech Thunes acquires payments platform Limonetik
The firm will combine Limonetik’s PaaS model with its existing global payments network.
Major Indian banks join trade finance blockchain project IBBIC
The consortium promises the creation of a secure environment for processing letters of credit.
Nymbus signs Plaid partnership deal to boost client onboarding
Core banking provider says deal will improve a range of identity processes for customers.
Landis secures $165m raise to help Americans become homeowners
The round was led by Sequoia Capital with participation from Will Smith’s Dreamers VC.
Mobile first, second and third!
Most companies talk about the importance of mobile technology, but I’m not convinced there is a proper understanding.
