Financial services customer engagement platform Personetics raises $85m in growth funding
Personetics’ technology analyses real-time financial data at customer touchpoints, learning their financial behaviours.
Innovation
Swiss neobank Entris selects Bottomline for digital-first payments upgrade
Entris is looking to future-proof its operations ahead of the introduction of instant payments in Switzerland.
SaaS financial data platform Canalyst secures $70m Series C investment
Canalyst says it wants to be “the new fundamental dataset of record”.
So what?
Financial services exists to serve. And that means that when we are not of service, we are just in the way.
Amanda Mesler appointed chair of Swedish fintech Minna Technologies
The European fintech plans to “hyper-scale” and move into the US and Australia this year.
FDIC chief innovation officer resigns
Sultan Meghji, FDIC’s first chief innovation officer, is leaving just one year into the job.
US fintech nCino tapped by Cambridge & Counties Bank for lending infrastructure upgrade
UK bank will look to utilise nCino’s end-to-end cloud-based platform.
Amazon U-turns on decision to ban UK-issued Visa credit cards
The eleventh-hour reprieve comes as both companies are “working closely” to reach a longer-term agreement.
Banking Tech Awards 2021 Winner: Temenos – Best Core Banking Solution Provider
A game-changer for banks that can no longer wait to modernise their technology infrastructure.
Open banking – a new stage in financial inclusion
Open banking is getting more mature day by day, and it keeps financial inclusion among its top priorities.
Webinar: The future of real-time payments – global trends and consumer perspectives
Getting a clearer vision into the acceptance, use, and future of real-time payments across the world.
House of Lords committee says UK digital pound is “solution in search of a problem”
The Economic Affairs Committee cited financial, privacy and data concerns over UK CBDC.
E-commerce one-click checkout fintech Bolt raises $355m in Series E
Bolt says it has doubled its valuation in three months.
Trulioo hires product veteran Michael Ramsbacker as its first chief product officer
Ramsbacker will be developing intelligent workflow systems designed to maximise verification rates.
How traditional banks are embracing the shift from legacy tech to cloud-native
Digital transformation is dominating all sectors, and increasing numbers of businesses are making the move to the cloud.
USDF Consortium launches to develop and promote bank-minted stablecoin
The FDIC-insured banks want to “unlock the financial opportunities” of blockchain technology.
Sustainable energy platform EIT InnoEnergy gains first financial institution shareholder, ING
EIT InnoEnergy is supported by the European Institute of Innovation & Technology.
SaaS tech start-up financing platform Arc lands $161m investment
“We’re on a mission to help start-ups grow,” says Arc co-founder and CEO Don Muir.
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.
If we truly value diversity, fintech needs to do much more
For all its forward-thinking and future-proofing, fintech is struggling when it comes to diversity and inclusion.
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”.
Digital asset fintech Zero Hash lands $105m in Series D round
The round saw participation from Bain Capital, NYCA and Point72 Ventures.
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.
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.
The dying art of arguing
No matter how smart you are, you may be wrong. And having the conversation will always teach you something.
Central Bank of Bahrain and JP Morgan conduct successful digital currency settlement test
The test was facilitated by JP Morgan’s new blockchain-focused business unit Onyx.
Citizens State Bank picks Lendsmart for mortgage solutions upgrade
Lendsmart’s technology digitises up to 70% of lending and home buying processes.
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.
Payroll automation start-up PayFit achieves unicorn status after €254m Series E
The fintech intends to hire 400 new employees across Europe in 2022.
Customers Bank brings digital asset bankers onboard
Investment “signals we are a serious participant in this space”, says CEO.
How will the Green Claims Code affect you as a fintech?
The Green Claims Code legislation aims to eradicate greenwashing once and for all.
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.
B2B embedded finance fintech Rupifi raises $25m in Series A round
The fintech says B2B commerce has undergone a digital transformation over the past few years.
NetCents Technology hires Sholeh Atash as COO
NetCents says Atash will have executive oversight to ensure that all key performance metrics are met.
