Fintech in the next decade: The intersection of what’s possible and what people want
Before we start to look at what the next 10 years hold, it’s worth taking a quick look back.
Payments
Video: Top fintech stories this week – 03 February 2020
FinTech Future’s weekly news round-up.
Fintech M&A: Prioritising growth and resilience
There is still runway for further consolidation.
Rewire CEO: We want to be the financial marketplace for migrants
Traditionally, migrants have struggled to find a one stop shop for their finances.
Paystand raises $20m in Series B funding
The round includes new investment from DNX Ventures, Battery Ventures and more.
PaySend and JS Bank create freelancer-focused wallet in Pakistan
Pakistan is the fourth fastest growing global economy for freelance worker revenues.
Hong Kong’s virtual challenger Za Bank selects Fiserv for card payments
Fiserv’s VisionPlus will power Za Bank’s entire card payment lifecycle.
US paytech Finix raises $35m to rival Stripe and Square
Finix will free up more revenue for businesses.
Azimo nabs €20m funding from European Investment Bank
Money transfer firm will use funding to boost European expansion.
US challenger Bask Bank launches with AA miles saver scheme
Customers get one ‘AAdvantage’ (AA) mile for every dollar they save.
Bankable and Visa extend partnership with US collaboration
Bankable also plans to open New York office.
Tom Shen joins Sensibill as chair of the board
Shen is a proven expert at scaling digital banking services for financial institutions.
Worldline to buy rival Ingenico for $8.6bn
Worldline says the acquisition will create the fourth biggest player in the global payments sector.
GoCardless CFO: No deal Brexit could cost London’s trade status
UK should remain epicentre of
“In theory, the UK is so global it should remain the epicenter”, says CFO.
Flywire CEO talks payments platforms, consolidation and fragmentation
Fragmented payments industry may thwart firms’ platform plans.
Banking Technology February 2020 issue out now
Top dogs: The challenger bank success stories of 2019.
Klarna lands $200m from CBA for Australia launch
CBA will own half of Klarna’s Australian and New Zealand business.
US paytech BandPay set to help musicians get paid
Funds aren’t released until both musicians and producers deliver on a project.
Pleo rolls out credit cards and secures e-money licence
The start-up is switching up its purely prepaid card offering model.
Unleashing the untapped potential of Latin America with Cardpay
With offices situated in Mexico City, Sao Paolo and Bogota, Columbia.
Crédit Agricole acquires majority stake in aggregation fintech Linxo
French cooperative to own 85% of Linxo after deal.
UK’s PSR seeks input on New Payments Architecture competition issues
Regulator calls for comment ahead of 2021 launch.
Fireside chat: why operational excellence in payments is critical to your future success
Improving your operational efficiency is on the forefront of competitive advantages.
White paper: Payments outsourcing – pros, cons & considerations that should be on your radar
Practical guidelines for banking institutions to consider when choosing a vendor.
Pine Labs becomes Indian unicorn after Mastercard investment
Pine Labs valued at $1.5 billion after latest financing.
UK’s Payzone rebrands to Takepayments
The fintech is also set to expand its headcount this year.
Heidelpay seeks acquisitions and eventual IPO
“An IPO is of course always an option for fresh capital,” says CEO Mirko Huellemann.
Payments security: A year in review
Majority of the largest breaches to be reported in 2019 were caused by poor security protocols.
Alipay partner Tranglo integrates Ripple’s cross-border payments
Tranglo partnered with bigtech Alipay earlier this month.
BNP Paribas extends open banking partnership with Tink
French banking group now deploys Tink in Belgium and Italy.
WorldRemit ties up cross-border remittance partnership with Alipay
London-based firm gives users green light to sent money to Alipay wallets.
Nigerian paytech Flutterwave raises $35m, partners with Worldpay
Flutterwave has become Worldpay’s only African payments partner.
Vodafone leaves Facebook’s Libra to focus on M-Pesa
M-Pesa is the telco’s digital payment service.
Mastercard and Marqeta collaborate to help fintechs go to market
Twisto will be the first European customer to deploy Marqeta and Mastercard’s initiative.
Three steps to effectively automating accounts payable
The best automated AP solutions can integrate all kinds of information and content formats.
DBS launches QR-code based b2b payments
DBS’ QR-code based solution is powered by DBS Rapid and DBS Max.
Plaid and Honey: How consolidation helps and hinders competition
Consolidation is now becoming synonymous with standardisation – breeding competition.
Lydia raises €40m in Tencent-led Series B funding round
Tencent-backed funding to be used to avoid “costly mistakes”.
Azimo shake-up sees appointment of new CFO and COO
Remittance fintech looks internally for C-level replacements.
Tink raises €90 million to power European expansion
Swedish open banking firm brings funding total close to the $200m mark
