Indian start-up Scripbox acquires competitor Upwardly
The platforms chose collaboration over competition.
Innovation
Swedish fintech Northmill launches new saving service
Customers can lower their interest rates in a matter of minutes
CIBC chooses SEI wealth platform to drive growth
The technology provides an “enhanced, unified solution”.
SoftBank supports start-ups under the radar
The Japanese technology giant invested $5 billion into Latin American “unicorns”.
Plug and Play welcome Abu Dhabi Commercial Bank
ADCB stands at a market capitalisation of AED 58 billion.
B3 and Itiviti join forces for global connectivity
The stock exchange’s members can access the NYFIX portal.
Reshaping the banking experience
It’s time to stop looking at digital as the only key to client satisfaction.
Ask the expert: your questions on growing the business answered
When is the right time for a founder to take a step back from the business?
WeChat Pay and Alipay partner QFPay raises $20m
The latest funding round brings QFPay’s total to $36.5 million.
Enterprise Ireland invests €250k in CreditLogic
The firm uses AI and data analytics to speed up mortgage applications.
Female-led Handdii raises $1.5m led by Scale Investors
Scale Investors focuses on high growth women-led tech companies.
Banking platform for freelancers Joust raises $2.6m
The neobank allows workers to get paid faster.
Walmart announce application for cryptocurrency
Shoppers’ money would gain interest in a makeshift bank account.
Turn to commercial banks for treasury management innovation
Commercial banks are taking up a starring role.
Monarch creates first recurring crypto payments system
The solution will enable the likes of Netflix and Hulu to accept crypto.
Mortgage Cadence integrates with DataVerify
Mortgage Cadence says the integration streamlines the application authentication process.
Envestnet’s CEO admits lawsuit sets them back
The $100m lawsuit has significantly disrupted “several clients and prospects”.
Brex competitor Ramp Financial raises $7m
The start-up is in the early stages of product development.
Sherpa Technologies partners with fintechs to help credit unions
Application open on 15 August.
Banking Technology Awards introduces awards for tech vendors
Ovum Technology Innovation Awards are now open for entries!
FinMkt closes $5m Series B
It provides highly customisable tech for the online lending industry.
PayPal helps entrepreneurs with MetLife and Village Capital
The alliance will reach out to more than 100 fintech health entrepreneurs.
NatWest launches voice tech for banking pilot
It’s testing exclusively with Google smart speakers for this pilot.
Video: fintech news weekly round-up – 05 August 2019
Some of this week’s news, in video format!
Top fintech stories this week – 9 August 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
UK regulations push SVB further towards automation
SVB exec comments on Brexit and the UK’s supportive fintech environment.
Verrency and Coinify announces new virtual currency partnership
Libra brought virtual currencies into mainstream.
Credit unions and Payrailz launch CU Payz
The new fintech partnership is designed to give credit unions ‘next-generation products’.
ScaleFactor closes $60m Series C funding round
The platform has since raised $100m in 12 months.
JP Morgan Chase invests in accounting software platform FreshBooks
A JPMC representative will be joining FreshBooks’ board.
Nets and Przelewy24 create a strategic alliance
Its now one of the largest online payment service providers in Poland.
Fintech partnerships: the real benefit of Open Banking for incumbent banks
A deep dive into where the real value lies in Open Banking for incumbents.
Beynd scores $2m seed round
The company uses its own software to onboard its customers.
Tesla-fy your bank
Will banks ever truly reinvent banking?
Daily News at Sibos: be at the heart of the biggest fintech event of the year
London calling: explore opportunities with Daily News at Sibos 2019.
Getting to the future: learn, unlearn, persist. Repeat.
But unlearning is the only path to survival. Even if you can’t learn to like that, you learn to value it.
Commerzbank tests blockchain payment solution with Daimler Trucks
Current payment systems require a human to trigger the process.
Saxo Bank completes acquisition of BinckBank
Saxo intends to initiate the statutory buy-out procedure.
First-time homebuyer platform Morty raises $8.5m
The funding was led by New York-based investor Prudence Holdings.
Robinhood gets greenlight from FCA to launch trading app in UK
The 2013-founded Silicon Valley start-up offers a cheaper way to buy and sell US stocks and shares.
