Redwood Bank appoints Ashraf Piranie as chief financial officer
Piranie brings more than 25 years of financial services experience to his new role.
Lending
News, intelligence and resources on the global fintech industry including topics such as lending.
Barbados challenger Sagicor Bank launches on Mbanq’s BaaS platform
Through Mbanq, Sagicor Bank aims to offer customers “branchless” digital financial services.
African fintech M-Kopa secures $200m debt financing and $55m equity funding
The debt financing was led by Standard Bank Group and the equity round by Sumitomo Corporation.
Dopamine, BNPL and subprime lending
How can BNPL be structured to serve consumers better and help them be more responsible?
Join the elite panel of judges for Banking Tech Awards 2023
Apply to become a judge for the Banking Tech Awards 2023!
ICYMI fintech funding round-up: Firmbase, ThreatFabric, Viceversa and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
FinTech Futures Jobs: When to say no at work, and how to do it
Explore thousands of open roles on the FinTech Futures Job Board today.
First National Bank of Oklahoma selects Teslar to streamline lending processes
The bank will utilise Teslar’s tech to automate its commercial, consumer and agricultural lending workflows.
Student lender MPOWER secures $150m loan facility from Goldman Sachs
The Washington DC-based lender will use the facility to hand out more loans to international students.
Innovation through BaaS and embedded finance
FinTech Futures speaks with Temenos’ Kanika Hope about the impact of BaaS on financial services.
Ironing out the kinks: how DeFi can help close the $2tn trade finance gap
Blockchain “allows for secure, transparent and traceable financing for SMEs,” Voy Finance CEO Lee Tarone explains.
LHV lands UK banking licence from the Prudential Regulation Authority
LHV is the first company to receive a banking licence without restrictions in the UK in 2023.
Sharia-compliant challenger Nomo taps Paymentology for digital payments platform
Paymentology’s technology has allowed the bank to offer cross-border transaction services “without high fees”.
JP Morgan Chase snaps up troubled First Republic from FDIC in $10.6bn deal
JP Morgan has assumed all deposits – insured and uninsured – worth approximately $92 billion from the FDIC.
ICYMI fintech funding round-up: m3ter, Niro, Tembo and more
Our weekly fintech round-up for you to get the latest funding news from around the world.
US fintech funding round-up: Credora, Summer & Yelo
A handy round-up of the recent funding endeavours of fintech companies across the US.
eBook: SME lending – the road to real-time approvals
Discover how rapid innovation, smarter decisioning and faster approvals can be yours.
eBook: Back to the future – 8 features of fast and future-proof BNPL technology
Discover the tools you need to get ahead and stay ahead as BNPL grows its market share.
Peter Major joins MDT in newly created VP of fintech services role
Major previously spent more than 15 years with banking tech firm Jack Henry.
JP Morgan taps Sharegain for digital securities lending solution
Sharegain’s SLTech solution allows investors to generate revenue through loaning out their financial assets.
Banking Tech Awards 2023: Nominations now open!
This year’s ceremony will be held on 30 November 2023 at the Royal Lancaster Hotel, London.
FinTech Futures: Top five stories of the week – 21 April 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
ID Finance bags $30m debt facility to boost growth in Mexico
The facility follows a recent €30 million equity fundraise led by UK-based asset manager Kingsway Capital.
Finbots.ai credit modelling platform to power Argenic’s SME lending
The partnership will support Argenic’s financial inclusion drive for underserved Australian SMEs.
Goldman Sachs mulls potential sale of BNPL fintech GreenSky
GreenSky was acquired by Goldman in 2021 for $2.24bn to furnish its Marcus banking app.
Dutch SME lender Factris secures €50m funding line from Aegon Asset Management
The funding line will enable Factris “to support struggling business owners” with its financing services.
IFGS 2023: UK has the opportunity to take the lead on tailored BNPL regulation
Klarna and Block discussed how the UK can set the tone for BNPL regulation at IFGS 2023.
IFGS 2023: How crisis creates opportunity for fintechs
Funding Circle CEO Lisa Jacobs and Zopa CEO Jaidev Janardana took to the stage at IFGS 2023 in London.
Illimity Bank and EIB sign €200m agreement to support Italian SMEs
This is the second agreement between the two firms, following the €1 billion funding facilitated in 2021.
SME Finance secures €100m credit facility from London’s Fasanara Capital
The latest funding brings the total committed from Fasanara to €240 million.
TransPecos Banks launches credit card offering in partnership with E6
The bank has deployed E6’s products to bring card issuing and processing to its customers.
Tandem Bank acquires money app Loop for undisclosed sum
Loop will continue to operate as a standalone brand and app following the acquisition.
South Africa’s Peach Payments lands $31m Series A funding
With the new investment, Peach Payments plans to expand across new markets in Africa.
How fintech start-ups are driving the ethical finance revolution
FinTech Futures chats with three ethical fintech firms operating in the UK.
Pakistan’s Samba Bank extends Temenos partnership with Transact core banking upgrade
Samba Bank says its partnership with Temenos and NdcTech has enabled it to “future-proof” its growth.
DMI Finance bags $400m equity funding led by MUFG
Also taking part in the round was existing investor Sumitomo Mitsui Trust Bank.
SoFi acquires Wyndham Capital Mortgage in all-cash deal
The acquisition includes both “talent and technology” and is designed to help SoFi scale.
A tale of two worlds
We have a responsibility as an industry to do more to improve financial security and create a more equal society.
India’s PhonePe calls off acquisition of BNPL firm ZestMoney
PhonePe was in talks to acquire ZestMoney for around $200 million to $300 million according to reports.
US fintech funding round-up: StellarFi, Stratyfy, Beam and more
A handy round-up of the recent funding endeavours of fintech companies across the US.
