Hoddle hires former FCA man Gidla as new COO
John Gidla joins the fintech after three years at the Financial Conduct Authority.
Start-up
Digital challenger Varo Bank lands $510m in Series E funding round
Funds will be used to boost product and tech development and fuel customer growth.
Eat your vegetables
Everyone wants to do the parts of their job they like and avoid the parts they don’t like. But the job is the job.
Expense management platform Jeeves secures $57m Series B funding
The new investment takes the start-up’s valuation up to $500 million.
Standard Chartered sets aside $107m for new digital bank in Singapore
UK-listed lender forms joint venture with Singapore’s National Trades Union Congress.
Cartoon: Barnacles
This new cartoon illustrates a growing trend in the venture capital space.
Report: “Fintech vs Fintech”? The rise of digitalisation in banking
FinTech Futures launches its latest report looking into the changing nature of digital technologies in our industry.
Point raises $46.5 million to build out premium debit card
US challenger aims to create an anti-credit card.
ICYMI funding round-up: SurePay, Capitalise, FV Bank & more
Another collection of funding rounds and raises from all over the world you might have missed this week.
How do you eat an elephant?
When working on a large or complex project, you should look to break it up and take it one step at a time.
US Bank boosts fintech investment with stake in two VC firms
The bank says becoming a limited partner in the firms will enhance its fintech offerings.
Banking Technology September 2021 issue out now
Cover story: expansion plans – how to achieve global growth efficiently.
German fintech elopage nets $38m in Series A round to expand SaaS platform
The round marks the bootstrapped company’s first venture capital raise.
Aspiring challenger bank W1TTY receives UK EMI licence
The firm’s smart finance app will launch in the UK early next year.
Brazilian fintech start-up Cora secures $116m Series B funding to fuel growth
The firm has now raised more than $150 million in total capital.
Nubank aims for IPO worth $55bn to beat traditional rivals
Brazilian challenger wants to smash the valuation of it’s largest legacy rival, Itau.
Russian digital bank Tinkoff plans Philippine expansion
Reports suggest the move is part of a wider strategy to enter the Asian market.
Mexican fintech Flink lands $57m in Series B round
New investment follows the company’s $12 million Series A round in February.
Risk as an opportunity: fintech’s gold standard
How can fintechs continue to grow while also meeting increasingly stringent regulatory requirements?
ICYMI funding round-up: Pngme, Recognise Bank, pawaPay, Finexio & more
Another collection of funding rounds and raises from all over the world you might have missed this week.
OPay becomes Africa’s latest fintech unicorn with $400m Series C round
The Nigerian start-up says the new investment takes its valuation up to $2 billion.
What the Fintech? | S.2 Episode 16 | Waking up on the right side of embedded
Louisa Murray, COO for UK and Europe at Railsbank, joins us on this latest episode of the podcast.
Ramp hits $3.9bn valuation with $300m Series C funding round
The start-up has also agreed a deal to acquire “negotiation-as-a-service” platform Buyer.
It’s not about what it’s about
Knowing that your team will know the right thing when they see it is essential.
Musicians to gain dedicated neobank with Nerve
The Texas-based start-up says the music business deserves music banking.
German fintech Moss lands $29m funding in Series A extension
Start-up claims the latest injection boosts its valuation up to $264 million.
Fintech funding deals globally 16 August – 22 August 2021
Featuring DriveWealth, Sightline Payments, Bitpanda, PalmPay and Reali.
Family finance start-up Hapi launches investment app for parents
Parents can open a junior stocks and shares ISA or general investment account.
Aspiration Partners to go public in $2.3bn SPAC deal
It claims it will be the first ESG-focused financial services institution to go this route.
Wealth management start-up Smallcase raises $40m in Series C funding
The round included participation from e-commerce giant Amazon.
US fintech One lands $40m in Series B funding
Start-up aims to bring “all-in-one banking” to middle-class Americans.
Dear Luc: Should I use influencers to target Gen Z?
This week someone asks: we’re targeting Gen Z, how can we utilise our spend on marketing and influencers?
Danish challenger Kompasbank goes live with Mambu’s cloud banking platform
COO says Mambu is “the right choice to help us on our growth trajectory”.
Brex acquires Israeli start-up Weav in $50m deal
US fintech will aim to leverage Weav’s API technology.
Travel fintech Hopper raises $175m in Series G round
The new funding will go towards growth on “several fronts”.
Resigning to the facts
People join companies but leave managers. And that is a fact.
Chime secures $750m funding to reach $25bn valuation
The San Francisco-based firm has now raised over $2 billion in total funding.
Ualá hits $2.45bn valuation with $350m Series D round
Fintech start-up claims the funding is a record investment for an Argentine company.
Fintech funding deals globally 9 August – 15 August 2021
Featuring Carta, Uala, FalconX, M-DAQ and TaxBit.
British Business Bank selects Solidatus for data management
Firm looks to boost its data governance and data lineage capabilities.
