Kabbage pulls in $700 million in debt funding
It claims to be the largest asset-backed securitization by a small business online lending platform to date.
Start-up
SESAMm targets US market after EUR 4.4m funding round
Expansion to Japan and London is the next objective.
Watermark Bank makes a splash in Oklahoma
Built for entrepreneurs for entrepreneurs, Oklahoma’s first new bank since 2009.
OnDeck acquires Evolocity
Catering for small businesses in Canada.
Bene working up to be a challenger bank in Australia
The firm currently offers digital loans.
Moxy picks Nymbus to power DC’s newest bank for 20 years
Tech-focused bank aimed at underserved communities.
Qupital raises $15m Series A to expand into mainland China
Hong Kong fintech plans to hire and grow.
RCI Bank gains full UK banking licence
RCI Bank, a new savings bank based in the UK’s county of Hertfordshire, has obtained a full banking licence.
PayTech Awards: honouring organisations for their social impact
Enter the PayTech for Good Award by 5 April!
BOC granted virtual banking licence in Hong Kong
Livi VB is a joint venture of Bank of China, JD New Orbit Technology and JSH Virtual Ventures Holdings.
Webinar: Digital, Data and Disintermediation – Modern Banking
Register for the FinTech Futures and Information Builders webinar now
SamePage gains first go-live at Green Deal Finance Company
The loan origination system aims to take the lending platform fully digital.
Airwallex becomes payments unicorn with $100m funding
The low-cost payment provider is now expanding to the UK and Europe.
Nelito gains Myanmar microfinance win
Alliance for Microfinance in Myanmar has taken Nelito’s FinCraft core system plus the mobile and lending tech.
DNB taps on the Nordic API Gateway for account aggregation
The app will allow customers to manage all accounts.
Four digital and traditional trends in banking in 2019
Don’t discount something because it doesn’t fall strictly into our pro-technology bubble.
New cash flow platform Avrium hits the UK market
Aiming to help SMEs mitigate cash flow risk.
White paper: Beyond Banking – what traditional banks and neobanks can learn from each other
What traditional players and challengers can teach each other, and how to beat bigtechs in the digital banking race.
Challenger banks country by country: who’s who (and what’s their tech)
Comprehensive and free guides for UK, Spain, Germany, France, US, Canada, South Africa, Australia, India and Hong Kong.
Interview: Anthony Thomson, 86 400 – roaming numerals
What makes 86 400 different from its rivals, and why the big four Down Under got what they deserved.
StanChart’s new platform connects start-ups and investors
SC Ventures Fintech Bridge will serve as a nexus for industry players linked to the bank.
Indian lendtech Spoon readies for launch
Aiming to offer micro lending through a mobile app, in real time.
UK insurtech gets corporate fit with legal toolkit
Tech Nation and UK Insurtech Board are looking to give firms an easier ride.
Cosimo Ventures invests in blockchain and digital assets firms
VC firm makes three investments in Gecko Governance, Lingar and Oneiro.
Aon gets Zesty.ai for insurance underwriting
San Francisco-based insurtech start-up brings some AI power.
Dubai International Financial Centre launches $10m fintech fund
DIFC plans to invest in start-ups in Middle East and North Africa.
Dutch SME lender Finturi raises €2m funding
The start-up uses blockchain and AI for its lendtech platform.
The new business models of banking
Analysis of three alternative business models for the banking industry.
What dating apps can teach us about Open Banking
Technology enables people to connect with endless options, while encouraging them to commit to, well, nobody.
Starling Bank enters Moneyhub’s payment gateway
“The first challenger bank to support PSD2 PISP legislation.”
Irish insurtech hub brings feast in southeast
Institute of Technology Carlow powers up new centre for insurance start-ups.
Omidyar Network releases fintech venture fund with Flourish
New firm Flourish launches evergreen fund backed by founder of eBay.
US mobile banking start-up Chime rings in $200m funding
The challenger is now valued at $1.5 billion.
Poland’s Alior Bank calls for fintech start-ups
Acceleration programme wants ideas in security, data analysis and finserv.
Personal finance app HyperJar preps for spring launch
UK-based firm readies for HyperJar-space with select pilots.
Open banking – build it and they will come?
It is the innovative data wranglers that will decide the success of open banking.
Video: fintech news weekly round-up – 4 March 2019
Featuring N26, South Korea, Brex and TymeBank.
Upgrade Pack crowdfunds towards £2.25m
UK start-up aims to expand in the US and Asia.
Innovation like charisma
Start-up or corporate, make innovation an ongoing mission, not a faraway destination.
UCL and Barclays unleash deep tech venture builder
Conception X turns dissertations into a deep tech start-up.
