ANNA Money, a business account that meows
The card makes the “purrfect” sound.
SME
Bangladeshi lendtech ShopUp receives $1.62m investment
Automating online credit assessment for MSMEs.
CardFlight partners with Payscape for merchant base race
Payscape will offer CardFlight’s SwipeSimple tools.
Coconut smashes crowdfunding goal in a day
Over £650k raised, from an initial goal of £500k.
Emirates NBD debuts API sandbox
Says it’s the first bank in the UAE to introduce such a platform.
Cash management app Slide glides into the market
So SMEs can take control of their finances.
Factris receives €1.5m funding and acquires Crown Finance
The firm offers factoring to small and medium-sized enterprises in Europe.
Ahli United Bank signs up for retail payments with AFS
Utilising Android as PoS.
Blockchain start-up INVioU looks to raise $2m
INVioU looks to “create new possibilities of factoring for small businesses by using blockchain technology”.
Gusto teams with ScaleFactor to automate accounting for SMEs
Gusto business users can sync payroll and benefits directly with accounting and financial data.
ICICI Bank integrates banking and accounting with Open
Targeting India’s micro, small and medium enterprise sector.
Biz2Credit tech to provide online business loans to Popular Bank
Over half of business loans are processed online.
Futrli lands £4m funding in Series A round
Futrli was born from its founder’s “own typical experience as a small business owner”.
PNC Bank teams with OnDeck to streamline SME financing
Offering digital business lines of credit up to $100,000 within one to three business days.
Monese ventures into business banking
UK and European challenger bank Monese has launched its Monese Business account, available in 11 languages.
Azimo takes on business payments
A cheaper alternative for SMEs.
USAA and StreetShares join forces for SME lending
A six-month pilot to bring small business financing to US military veterans.
New insurtech Coverly prepares for launch
On demand products aim to launch in Q1 2019.
IFC and Ant Financial launch programme for talent development
Starting in Indonesia, the programme will target APAC countries.
Amex brings SME financing to UK with ezbob
SMEs can apply for a loan in ten minutes – and, if successful – receive funds on the same day.
German business bank Penta raises €7m
The bank’s kicks off its Series A successfully.
Philippine lending platform First Circle raises $26m
Aims to expand to other countries in the region next year.
Business management software Wiise Rhipe for action Down Under
Wiise is a cloud-based platform designed to “solve SME pain points”.
Critics circle as shares flop for Funding Circle
Suddenly everyone’s an expert.
UK regulators approve CYBG’s takeover of Virgin Money
The CYBG brands will disappear as the new entity will unite under the Virgin Money name.
Insurtech Hokodo hogs €1.9m in seed funding
Providing insurance via APIs for SMEs.
Haufe Group takes stake in German challenger bank Kontist
Berlin-based firm also gets Series A funding.
SIA seeks fintech paradiso with new open banking platform
Italian firm wants to embrace almost everyone.
White paper: Digitising financial service agreements
Find out more on how to digitise financial agreements
ING invests £5m in UK lendtech Funding Options
Dutch bank also takes minority stake in the SME lending marketplace.
Thinking Capital and National Bank to offer funding to Canada’s SMEs
Bank meets fintech. A love story for the 21st century.
What supply chain finance tells us about Liam Fox’s post-Brexit export strategy
The launch of the UK Government’s Export Strategy to boost British business is very welcome.
SimpleFinance raises $15m supported by SBI Group
It’s SBI’s largest minority investment to date in a Russian company.
Abu Dhabi regulator tightens up funding rules
ADGM also teams with Beijing-based firm for Belt and Road initiative.
Novo business banking launches in US
New bank offers a current account and debit card solutions for start-ups.
India Post Payments Bank opts for FSS payment stack
Bank is targeting rural households and SMEs in the country.
Australian challenger bank Judo selects Temenos T24 core system
Bank is looking for SME sector success.
Top fintech stories this week – 7 September 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
South African paytech Yoco raises $16m funding
Round led by Partech with participation from Orange Digital Ventures.
UK lender Acorn OakNorth raises $100m in funding
Aiming to reach $5 billion on its lending platform.
