Women-only neobank Elas to launch in Brazil
Elas was officially founded in January this year.
Elas was officially founded in January this year.
A look back at some of the biggest investments this past quarter.
All things equal: Closing the gender gap in fintech.
The start-up will focus on B2B services to help firms attract younger investors.
André Mohamed leaves after 18 months at the challenger bank.
The Belgian firm will put the money towards a global expansion.
Useful learnings from the success of luxury retail.
Moody’s cited SoftBank’s “aggressive financial policy” as it cut its rating from Ba1 to Ba3.
The company’s share price shot up 18.6% in Japan today.
The global bank may have to delay its plans if the contagion becomes a long-term issue.
“I think the pain points are quite similar across different income levels,” says co-founder.
Santander hopes the deal will enhance its global trade platform operations.
The neobank will apply a 0.25% markup, with no other fees.
New York-based challenger plans to splash the cash on customer acquisition.
The devil is often in the detail.
The deal amount is yet to be disclosed.
The trading app is focused around making investing ‘social’.
Build online trust with customers and identify ways to replicate the offline experience.
Bank says deal signals “significant opportunities.”
This is expected after its next fundraise which will value the neobank at £1bn.
The company says it is the largest fintech small business lender in Germany.
SimCorp sees cloud as an important investment for Dimension.
The challenger wants to “accelerate daily usage of accounts”.
88% of the figure is made up of the Worldpay mega deal.
Bank plans to use DLIB to provide structured investment products.
The Belgian bank deploys SimCorp in retail, corporate, and investment banking.
The derivatives firm will use Cobalt for its FX operations.
Job loss figure more than triple the number expected to be cut by the bank.
European challengers have been among the top recipients of regional venture capital.
The fintech is targeting cross-border trade between Europe and Asia.
This debt financing round is Aella’s second raise.
FinTech Future’s weekly news round-up.
This comes within a year of a pre-seed fundraise of €1 million from Seedcamp and others.
The round includes new investment from DNX Ventures, Battery Ventures and more.
Bento will be rebranded as GrabInvest.
Top of the list is Michael Ronen, the managing partner of the Vision Fund’s US investments.
Hong Kong firm goes live on Fusion Sophis.
The funding will be used to extend its product in behavioural analytics ScreenWiZe 2.0.
The industry is undecided over roughly $1 billion dollars.
Mansa X as the fund is known, returned an average 24% and closed at $3 million.