Black-owned wealthtech start-up Esusu hits $1bn valuation following $130m Series B
Esusu is now one of just a handful of Black-owned unicorn start-ups in the world.
Innovation
Anti-fraud firm ClearSale acquires US tech start-up ChargebackOps for initial $3.6m
“Chargebacks are an enormous and growing problem for e-commerce merchants,” says ClearSale EVP.
Garden of Eden: how Africa’s digital transformation promises to boost the continent
Demographics, technology and opportunity have set the stage for Africa to become a global fintech powerhouse.
Fintech start-up destream to launch bank card aimed at internet content creators
Destream says banks often block large payments from donations and platform subscriptions.
Digital bank N26 confirms departure of COO Adrienne Gormley
N26 says Gormley has “played an important role” in scaling its operations division.
The proliferation of digital transformation: from ‘nice to have’ to a necessity for success
Digital transformation has become the benchmark for survival in the financial market.
Banking Tech Awards 2021 Highly Commended: QuickFi – Best Use of IT for Lending
QuickFi eliminates loan officers and other salespeople in favour of an entirely new borrower self-service experience.
Crypto paytech BCB Group lands UK blockchain industry’s largest Series A with $60m raise
BCB claims to have processed nearly $100bn worth of payments in just over five years of business.
Fintech start-ups Altpay and Finz Money launch in UK
Both companies are now open for new customers to register.
Philippines’ UnionBank picks Metaco’s Harmonize to manage digital asset operations
Metaco provides security-critical software and infrastructure for the digital asset ecosystem.
Banking on the metaverse
Having a presence in the metaverse seems inevitable, and the best time to understand the possibilities is now.
ICYMI funding round-up: ApexEdge, DirectID, Everything, NALA, Tuum, & OZÉ
Our weekly round-up for you to get the latest fintech funding news.
Walmart-backed Hazel snaps up fintech platforms Even and One in super app push
Walmart CEO says the app will allow users to “manage their money in one place”.
UBS agrees $1.4bn deal to acquire wealth management platform Wealthfront
Millennial and Gen Z-focused Wealthfront caters to “the next generation of investors”.
Aladin Bank turns to Google Cloud for Islamic banking tech innovation
Aladin Bank, an Islamic bank in Indonesia, has announced a “strategic collaboration” with Google Cloud.
BNPL provider Splitit appoints new CEO, Nandan Sheth
Nandan Sheth moves from Fiserv, where he was head of global digital commerce and the firm’s Carat business.
Pinwheel raises $50m in Series B to help create “fairer financial system”
Pinwheel provides an API that allows businesses to connect payroll accounts to their applications.
The ‘way forward’ is not a spectator sport
A new normal is inevitable, and we need to start thinking about what to do next.
UK credit card Keebo launches for “credit invisibles” in “passion economy”
Keebo tackles financial exclusion in the “passion economy” – an economy built around “creators with a purpose”.
Modifi acquires Seawise Capital’s trade finance and SaaS business in India
Modifi’s business in India has grown more than 2,100% over the past 18 months.
Santander enters BNPL market with launch of new platform Zinia
Already live in Germany, Santander now plans to roll out the service in the Netherlands and Spain.
Baton Systems appoints ex-Barclays exec as its first COO
David Ornstein steps into a newly-created role of chief operating officer (COO) at Baton.
Crypto asset software and data provider Lukka lands $110m in Series E
New York-based Lukka is now valued at $1.3 billion.
Banking Tech Awards 2021 Winner: Snoop – Best Open Banking Solution
What’s next for the award-winning app that helps people “live smarter”.
Rupifi appoints early investor Rajesh Kamra to lead B2B payments innovation
Rupifi says it’s India’s “first embedded finance company” in the B2B payments space.
ING spin-out fintech Katana Labs shuts down
“I regret to announce that Katana Labs will cease to operate as of January 31, 2022,” founder says.
How important is language when it comes to communicating climate change?
Climate change has a global audience, and your communications need to reflect this.
Webinar: How to detect and prevent account takeover attacks and protect your customers
Guest speaker: Ash Khan, head of enterprise fraud management, Bank of Montreal (BMO)
Indian fintech start-up M2P raises $56m in Series C1 round
M2P claims to have raised more than $100 million in the past year alone.
Crypto IRA software platform iTrustCapital secures $125m in growth equity
The growth equity investment round values the company at more than $1.3bn.
EU’s first blockchain financial institution BENKER receives EMI licence
BENKER CEO sees the introduction of blockchain to banking as the beginning of a “New World Order”.
Lean Technologies lands $33m funding to build infrastructure for fintech in the Middle East
The Series A funding round was led by Sequoia Capital India.
Iroquois Federal and Nymbus launch banking brand for newlyweds, Hitched
“Niche banking is the most significant innovation opportunity for financial institutions today,” Nymbus says.
Case study: Recognise Bank and nCino – digital solution for SME bank
Learn how Recognise sought an end-to-end digital solution to help it offer the best service to SMEs.
White paper: To buy or to build – which is the best path for digital transformation?
An actionable roadmap for approaching any major digital transformation journey.
New financial services app Zindigi launches in Pakistan
Zindigi says the country has many banks, “but not many banking experiences”.
ICYMI funding round-up: BillEase, Cake, Gr4vy, Finmap, Shield, & Skilling
Don’t let funding announcements slip you by in this fast-paced industry!
Banking Tech Awards 2021 Winners Supplement out now
Projects, products, services and teams that showcased genuine innovation and had a tangible impact.
Socially responsible savings app Cushon raises £35m, makes third acquisition
Cushon becomes the fifth largest master trust pension provider in the UK.
Digital twins in the metaverse
As we rush headlong into virtual worlds in the metaverse, the concept of digital twins will become more conspicuous.
