Tribe Payments partners ClearBank to provide banking access for fintechs
The partnership will allow clients to add banking services to their payment products.
Payments
Equitable Bank CIO leaves to join winemaking industry
Dan Dickinson to lead Canadian wine business after leaving bank.
Capital Bank picks Codebase to launch new neobank in Jordan and Iraq
The new offering will be powered by Codebase’s Digibanc platform.
Klarna signs merchant financing partnership with Liberis
Liberis will roll out its revenue-based solution in the coming months.
Housing fintech Tomo raises $70m in Seed funding
Tomo aims to “digitise the homebuying experience”.
Danske Bank to merge MobilePay with Nordic payment apps Vipps and Pivo
The parties say they have joined forces to “strengthen product development and innovation”.
UK fintech Chippingin provides crowdfunding for kids
New collaborative payments firm claims to be the first of its kind.
Maroo launches in US to spread the cost of weddings
New fintech offers wedding payment plans for up to 24 months.
Deutsche Börse acquires Swiss digital assets firm Crypto Finance
German group paid “a modest three-digit million” sum for the firm.
Orum lands $56m in Series B funding round
The firm claims it has now raised over $82 million in total.
FINRA orders Robinhood to pay $70m penalty for “false and misleading information”
The sanction is the largest financial penalty issued by the regulator.
Six global banks endorse Swift’s new platform for international payments flows
The transaction management platform is set to launch in November 2022.
Tide expands to India with £100m investment and RBL Bank partnership
UK business bank aims to “unleash” the potential of Indian SMEs.
Retirement platform Smart raises $165m in Series D funding
Chrysalis Investments led the round with a £75 million equity investment.
Digital mortgage platform Accept.inc raises $90m
US-based firm plans to expand its “iLender” concept.
Voyager Innovations raises $167m to power digital banking push
Tech firm aims to provide banking to 38 million customers.
Viva Republica lands $410m as launch of new digital bank looms
Toss has now accrued around $844 million in funding across ten separate rounds.
USAlliance Financial picks FIS Payments One to enhance card processing
New York-based credit union aims to boost credit and debit card ops.
ICYMI funding round-up: LOQR, MOCA Financial, Bueno Finance, Glint Pay & more
Another batch of funding rounds that could have flown under your radar.
Raisin and Deposit Solutions merge to create pan-European fintech giant
The newly formed Raisin DS is already turning its eyes towards the US.
Afterpay hires Mastercard exec Khoja to lead North American expansion
Zahir Khoja joins at a time of “rapid market expansion” for Afterpay.
Visa to acquire open banking platform Tink in €1.8bn deal
Visa hopes to “help accelerate the adoption of open banking in Europe”.
Saudi Arabia grants first digital banking licences
STC Pay and ARTAR given green light by central bank.
Viva Wallet picks Fraudio to support anti-money laundering operations
The Greek fintech is looking to bolster its transaction monitoring.
Tinkoff picks Anodot AI solution to improve customer experience
Russian neobank seeks to monitor high volumes of data.
Australian fintech Zeller raises AUD 50m in Spark Capital-led investment
The round was closed in the week prior to Zeller’s launch last month.
US investment app Stash acquires financial literacy platform PayGrade
Stash plans to “quickly expand” its new acquisition.
What the Fintech? | S.2 Episode 14 | The hidden value of remittances
Vroon Modgill, CEO and founder of Sokin, joins us on this latest episode of the What the Fintech? podcast.
Analyst report: Expectation versus reality for payments data monetisation
Identifying the data-led services that corporates want. Download for free!
Dear Luc: Can my start-up succeed while working from home?
This week our writer wonders if they really need a London address, or can working from home be just as good?
Migrant banking start-up Majority raises $19m in seed funding
The firm offers a mobile banking service for migrants across the US.
Isbank deploys H2O AI platform for cash forecasting and default prediction
Turkish bank gives automated system the go-ahead after successful pilot.
Video: fintech news pick of the week – Wise, Société Générale & BBVA
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Fintech funding deals globally 14 June – 20 June 2021
Featuring Ebanx, ThinCats, Guideline, Bunq, and 10x.
Raisin lands first US partner bank with Dallas-based MapleMark
German fintech makes headway after 18 months of preparation.
Dutch fintech Mollie raises $800m in Series C round
The investment takes the company’s total valuation to $6.5 billion.
Deutsche Bank signs payments joint venture with Fiserv
The two firms plan to create new acceptance and banking solutions.
Novus partners Visa and Railsbank to launch sustainable banking app
The app will reward “conscious consumers” for sustainable purchasing choices.
Payshop goes live on BHMI’s Concourse for back-office payments
Portuguese payments firm aims for “seamless support”.
Open banking – supporting businesses during a critical phase
84% of UK SMEs are frustrated with their current banking experience.
