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.
Innovation
Case study: Privacy preserving genome wide association studies powered by Duality
How to pool together large amounts of data from different entities, privately and securely, to provide the basis for accurate data discovery and analysis.
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.
FinTech Futures Jobs: The best UK cities for salaries if you’re a woman
Discover which UK cities offer the highest average yearly salaries for women.
Video: Greg Palmer at Finovate Europe 2022 – The future of fintech
Finovate’s Greg Palmer on how the pandemic accelerated the digitisation of financial services.
Canadian neolender QuadFi lands $100m financing facility
The facility will be used to provide personal loans to people with limited credit history.
Alkami tapped by ORNL Federal Credit Union for digital banking upgrade
The Alkami Platform will power ORNL FCU’s growing digital offering, with new services set to be rolled out.
The evolution of core banking: build or buy?
There’s recently been a big rise in the number of players vying to be the core banking provider of choice for banks.
E-book: Knowledge is power – the role of AI in building loyalty in finance
Answering the question of what, despite changing times and expectations, the key to success is.
Investment management platform FundGuard lands $40m Series B
The round saw participation from Citi, State Street, Blumberg Capital, LionBird Ventures and Team8 Capital.
Trading app Robinhood plots global expansion with acquisition of UK crypto firm Ziglu
Robinhood says the deal forms part of its mission to “democratise finance”.
Video: JP Morgan at Finovate Europe 2022 – fostering innovation in payments
FinTech Futures chats with JP Morgan’s Jeremy Balkin about new developments in the payments space.
Business financing platform Muse Finance hires Tarek AbdelKader as CTO
The tech veteran has previously worked at firms including The Co-Operative Bank and Think Money Group.
BaaS platform NovoPayment lands $19m Series A funding
The round was led by Fuel Venture Capital and IDC Ventures.
Brex acquires bookkeeping software firm Pry Financials for $90m
Pry CEO Andy Su says: “With Brex’s scale and reach, we can have a much bigger impact right away.”
The future is now
What’s next, you ask? This. This is next. The doing. It takes a while, so it will be what’s next for a while.
Fintech Leaders Report: In-depth insight into the future of fintech
Download this influential global study on the fintech industry’s present and future.
Video: ING at Finovate Europe 2022 – the future of digital transformation for banks
FinTech Futures chats with ING’s Olivier Guillaumond about digital transformation in banking.
UK paytech MYPINPAD merges with Singapore’s SmartPesa
The new combined entity will operate under the MYPINPAD brand and will double its global footprint.
BNP Paribas invests in fintech-focused VC firm Anthemis
BNP Paribas’ head of global markets Olivier Otsy says Anthemis has a “strong track record” in fintech investments.
The potential of DLT for capital market firms keen to overcome post-trade challenges
DLT has the potential to bring post-trade processing into the 21st century.
Indian crypto platform CoinDCX raises $135m Series D
CoinDCX CEO says the investment “reinforces the belief in India’s immense potential in the crypto ecosystem”.
Immigrant-focused fintech Welcome Tech raises $30m
The new funding brings the firm’s total capital raised to date to $70 million.
New UK start-up Keyzy gears up for launch with rent-to-own solution
The firm promises hopeful homeowners the ability to “move in now, buy later”.
Anti-fraud platform SEON raises $94m Series B to fuel global expansion
The start-up will use the fresh capital to expand throughout North America, LatAm and APAC.
What is social impact and how can you measure it?
Focusing on your social impact can help build strong community links and boost brand loyalty.
Artificial intelligence: a winning strategy for payments
AI offers a winning strategy in the race to reduce fraud and continue improving payment flows.
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.
How the financial technology sector can correct its gender imbalance
As fintech continues its rapid growth, gender imbalance remains a prominent industry issue.
Crypto paytech MoonPay receives $87m from entertainment and sporting stars
MoonPay CEO says: “Web3 is radically changing the way we approach the business of entertainment, sports and music.”
Waste! What is it good for? Absolutely nothing
Climate change is a complex problem, and its solutions are manifold and multifaceted.
Microsoft teams up with Finastra to offer SME lending through Dynamics 365
Microsoft says the partnership will drive value for SMEs, “the backbone of job creation in the world’s economy”.
What the FinTech? | S.3 Episode 5 | AI in financial services
In this episode of the What the Fintech? podcast, we’re joined by Kevin Levitt of Nvidia.
Lea County State Bank taps Jack Henry for digital transformation
Jack Henry says its digital solutions will allow the firm to compete with large banks and fintechs.
New UK fintech start-up GoSolo launches business account
GoSolo aims to streamline the application process for opening a UK business account as a non-resident.
The silence of the lambs
Don’t just avoid difficult conversations in the hope that something will change. Talk. Build trust.
SME financing platform Stenn lands $50m equity investment
Stenn CEO Greg Karpovsky says: “A lack of access to finance is stunting the growth of SMEs around the world.”
Colombian fintech Truora raises $15m Series A led by BBVA fund
Accel, Kaszek and Y Combinator also participated, as well as a number of angel investors.
Nubank secures $650m credit line to boost international growth
The neobank is looking to accelerate its growth in Mexico and Colombia.
Brazilian challenger Stark Bank raises $45m funding
Stark Bank, named for founder and CEO Rafael Stark, focuses on high-growth start-ups and enterprises in Brazil.
