SoFi confirms $500m investment led by Qatar
SoFi’s total capital now stands at $2.3 billion.
Innovation
Plaid launched in the UK
Following the acquisition of Quovo in a $200m deal.
Yapily welcomes $5.4m for API platform
The London fintech has seen its niche in open banking.
Step and Kard target teen market for banking
Both banking apps have launched their waiting lists.
Amadeus Future of Payments – payments integration in the travel industry
Round-up of the first Amadeus customer event in Madrid.
Groupama overhauls product repository with Appian’s low-code platform
A new lifecycle management application has been deployed.
Blockchain: a question of scale
Blockchain will become the operating system which underpins the digital economy.
Case study: ATB Brightside – shining a light on digital banking
All about the new challenger bank in Canada and its tech.
Open Payments targets Nordic and European markets with €1.2m seed round
Offers access to European banks via one API.
New APP scam protection code comes into force
Victims now more likely to get their money back.
Digital investing service Wealthsimple raises $100m
Allianz X led the investment round.
Video: fintech news weekly round-up – 28 May 2019
News on Facebook, Monzo, Transferwise, and more!
Meridian CU first in Canada to take MX Pulse financial wellness tool
If you’re going to bring your new, self-guided financial wellness tool to Canada, you might as well start big.
Kyriba is first treasury platform to offer corporates RTP through JP Morgan
Corporate clients of both firms can use the service.
Standard Chartered partners with IBM to launch Trade AI Engine
Aims to significantly automate trade document processing.
The profound romance of plumbing and core banking infrastructure
What if, by treating the core capabilities as utilities we could totally change the game?
Evarvest prepares new type of stock trading app
Inspired by social media apps, for ease of use.
Card issuing platform Marqeta goes to Series E with $260m
This puts the company’s valuation at nearly $2 billion.
Instalment payment option added to lastminute.com via Divido
This provides instant access to credit by connecting shoppers to multiple lenders at the moment of purchase.
Conversational AI firm Clinc raises $52m
The Series B round brings the Ann Arbor, Michigan-based fintech’s total capital to $60 million.
Introducing: ask the expert – your questions on growing the business answered
How to secure a meeting with a prospect, the difference between demand and lead generation, and more.
A voyage of optimism from the city of angels to mountains of clouds
Entrepreneurs, local governments and socially minded enterprises spark innovation in their communities.
DevOps firm CloudBees gets capital injection from HSBC
HSBC uses CloudBees Core platform for its software delivery system.
European banks sign up to gpi trial on TIPS
Designed to smoothen out real-time payments in Europe.
How will the Internet of Things offer insurers added value?
Exploring the potential impacts of the IoT for insurers and underwriters.
Lloyds announces new digital tech hub in Edinburgh
Plan will create 500 high-skilled jobs over next 18 months.
Money transfer app Pangea looking to offer checking accounts
More firms are looking to jump into the challenger bank world.
Swedish fintech Minna Tech receives €5.6m funding
The subscription management tech now aims to make customer experience easier.
BNP Paribas makes a Magic Leap to teleportation meetings
Meetings can be held via hologram in five locations.
OpenFin raises $17m for financial desktop innovation
This brings OpenFin’s total funding to $40m.
The Netherlands – the rise of a new fintech hub
More than 400 companies are operating in the Dutch fintech industry, and the start-up scene is thriving.
Banking on CX leadership?
Practical steps and examples of how to deliver differentiated, superior customer experiences.
Swedbank to acquire Vilnius’ Barclays Operations Centre in Lithuania
Banks are planning to complete this transaction by 1 July 2019.
Singapore-based challenger YouTrip scores $25.5m funding
It will use the funding for international expansion.
ABN AMRO joins investors helping Tealium target global expansion
Tealium’s AudienceStream platform connects customer data in one place.
Rabobank IDB works with Sopra for PSD2
The bank has taken a Sopra solution called the Digital Experience Platform (DxP).
Top fintech stories this week – 17 May 2019
SoftBank’s big investment, as well as BCR’s pool B… and more!
Zenus Bank launches aiming to serve global clients
The US bank holds an international license.
Fintech start-ups invited to join Suncorp’s Digital Incubator Programme
Participants get three months to develop their ideas with Suncorp.
NBB forges ahead with open banking in Bahrain
Tarabut Gateway will provide the infrastructure.
