Tenet launches financing platform to drive EV adoption
The firm has also raised $18 million in seed funding.
Innovation
Video: Railsr at Money 20/20 Europe – Old finance vs fintechs
We chat with Nigel Verdon of Railsr to discuss how embedded finance will evolve over the next few years.
Video: Bitstamp at Money 20/20 Europe – Putting trust in crypto
We chat with Bitstamp CEO JB Graftieaux to discuss how trust in and adoption of crypto varies across the world.
Finding your way
Asking for help is the greatest proof that you will find your way, eventually.
Video: Kraken at Money 20/20 Europe – Keeping up with cybercriminals
We chat with Curtis Ting of Kraken to discuss how financial crime is evolving in the digital asset space.
Fintech Unlimint to become Telegram’s official payment provider
The integration will allow Telegram users to purchase services and goods directly through the messenger.
UNO Digital Bank taps Businessnext to boost customer experience
Businessnext’s automated AI solutions will support the bank’s customer-facing managers.
Technisys integrates Cyberbank platform with Microsoft Cloud for Financial Services
The integration will give financial institutions the ability to scale and boost digital transformation efforts.
Data platform SAS acquires financial risk management firm Kamakura
Together, SAS’ and Kamakura’s solutions “will prove far greater than the sum of its parts”.
Lithuania’s SME Bank partners kevin. for A2A e-commerce platform
The new offering is a unified payment infrastructure enabling account-to-account (A2A) payments across the Baltics.
Indian B2B e-commerce platform Solv raises $40m Series A
Solv says the funding will support its expansion throughout more than 300 cities across Africa and Southeast Asia.
Taming AI algorithms — finance without prejudice
Algorithmovigilance is growing in importance as human biases all too readily creep into AI tech.
Earned wage access platform Tapcheck raises $20m Series A
Tapcheck says cash advances relieve the stress that usually comes with living paycheck to paycheck.
Citi partners METACO to develop digital asset custody capabilities
Citi will integrate METACO’s bank-grade digital asset custody and orchestration platform, Harmonize.
Women in finance – where are they?
Why is the financial sector still failing to attract talented women in 2022?
Stripe simplifies bank transfers for UK, EU and Mexican businesses
Stripe says that bank transfers, despite their popularity and ease of use, are “filled with friction”.
SME paytech SumUp raises €590m at €8bn valuation
SumUp says the latest funding is “indicative of our strength, execution, and potential”.
Blockchain paytech Roxe to go public via SPAC merger in $3.6bn deal
Roxe will merge with Goldenstone Acquisition and become a publicly traded company on Nasdaq.
What the Actual Crypto is going on?
Out of this crash will come stable businesses that genuinely add value to people.
Sustainability data platform ESG Book raises $35m Series B
The new capital will be used to scale the company and further develop ESG Book’s technology capabilities.
B2B BNPL fintech Playter lands $55m funding round
The round was led by Adit Venture Capital and Fasanara Capital.
Ghana’s Fido raises $30m Series A to broaden financial inclusion in Africa
Fido has now raised $38m to date and intends to use the fresh capital to launch new financial products in Ghana.
GoCardless rolls out two open banking solutions in Germany
GoCardless says: “Open banking is growing rapidly, with 64 million active users projected in Europe by 2024.”
RBC partners Plaid to offer API-led connectivity with fintech services
The data access agreement will remove the need for credential sharing, enhancing security and privacy.
State of play: Money 20/20 Europe
Fintech analyst Philip Benton recaps key themes and trends at Money 20/20 Europe.
Starting small: how Nearside is trying to help create a more inclusive economy
With this rise in new small businesses comes a need for new banking services catered to these new entrepreneurs.
What the FinTech? | S.3 Episode 9 | Smart applications for AI and ML
We are joined by Jethro MacDonald, product manager, artificial intelligence and machine learning at SmartStream.
Gen Z financial assistant app Cleo raises $80m at $500m valuation
Cleo will use the funds to shore up and expand its services as a global economic winter begins to bite.
Making the most of Banking-as-a-Service
Banks that are expressing keen interest in the BaaS model must implement and scale it with alacrity.
Qatar National Bank launches open banking platform for fintechs
QNB says its open banking APIs could transform the fintech landscape in Qatar.
Why I do want to use crypto to buy my pizza
I predict that in the medium term, we will begin to consider crypto a safe and reliable form of tender.
US proptech HomeLight acquires Accept, raises $115m at $1.7bn valuation
The acquisition of Accept will make HomeLight the largest agent-focused cash offer programme in the country.
Coping with the cost of living: how open banking can build financial resilience
We need to see a significant step-change in open banking regulation to cushion the blow of inflation.
FinTech Futures: Top five stories of the week – 17 June 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Banking start-up Fiinu to launch plug-in overdraft, list on LSE
Fiinu is set to be acquired by media company Immedia for approximately £37.5 million.
Digital banking tech vendor Narmi raises $35m Series B
The fresh capital will be used to develop and accelerate the overall digitisation of the US banking industry.
Fintech Zytara partners deadmau5 to create branded banking solution
deadmau5 will join Zytara’s advisory board “to help enhance the creative direction for Zytara moving forward”.
NatWest, Citi, Barclays trial Finteum intraday FX swap and repo platform
Given the rising interest rate environment, liquidity optimisation is a high priority, Finteum says.
Finzly celebrates ten years of providing innovative solutions to banks
Finzly’s user conference discussed trending topics and bank innovation outside the legacy core.
CBA’s new digital mortgage brand, Unloan, underpinned by Mambu’s tech
CBA positions Unloan as “a revolutionary force in the Australian mortgage industry”.
