Technology without heart destroys us: the hard currency of bankers’ feelings
Technology without heart will take you nowhere, in the slowest and most expensive way possible.
FinTech
Diginex deepens digital assets with Altairian acquisition
Hong Kong-based blockchain firm buys again – this time a UK wealthtech.
CoinAlpha fined $500k for crypto law breach
Blockchain protocol also gets a cease and desist from the US regulator.
Norway’s DNB calls for fintech start-ups
DNB NXT Accelerator and StartupLab want you.
Cybercriminal underground dangerously sound
McAfee Labs sees 20% increase in data breaches in financial sector.
Flux to flex digital muscles with $7.5m funding
Digital receipt firm plans platform expansion.
FundedByMe gets the nod for UAE crowdfunding debut
Sweden-based platform granted approval for 2019 start.
AR firm Blippar goes bust
All staff will lose their jobs at the UK-based augmented reality firm.
Expensify on a high in profitability place
Revenue rocking and cash flow positive.
Interview: Transferwise – the power of partnerships
We talk to Transferwise about its progress, with partner banks as well as under its own steam.
Egypt’s Commercial International Bank ventures into fintech investment land
CIB unleashes CVentures for a national “first”.
Santander smartly acquires invoicing and expenses app Albert
Bank says app is popular among freelancers and micro-enterprises in the UK.
Crypto data firm Nomics nabs $3m funding
Arthur Ventures leads the round with Coinbase participating.
Tradeshift buys Babelway for cloud integration lift
Babelway’s technology will now be offered as Tradeshift Link.
B-Social raises £3m to build a social bank
As it applies for a UK banking licence from the FCA and PRA.
Goldex raises over £1m in pre-Series A rush
As it develops its retail gold investment app launched in July.
Understand your cyber risk
To manage your cyber risk, you must understand it.
Compliance software provider Egress gets $40m funding
Led by FTV Capital and supported by AlbionVC.
UK credit provider TotallyMoney takes in £29m funding
Investment from Elliott Advisors and Scottish Equity Partners.
The case for plugging nature into the economy
How can banks factor in extreme climate events and environmental disasters risks to improve their credit risk ratings?
Swiss government preps for blockchain bonanza
Federal Council wants to exploit digital opportunities with friendly framework.
Starling Bank’s Megan Caywood jumps to Barclays’ ship
She aims to have a bigger impact in the industry through fintech partnerships.
Obopay launches prepaid cards with Mastercard in India
For both consumers and businesses across the nation.
Malaysia files criminal charges against Goldman Sachs over 1MDB misuse
Bank denies wrongdoing – charges due to misappropriation of $2.7 billion from bonds.
Mastercard invests $3m in African financial inclusion
The Mastercard Foundation Fund for Rural Prosperity goes to Malawi, Burundi and Rwanda.
Robinhood steps back from checking and savings launch
Firm says there was “confusion” and now offers cash management instead.
FI.SPAN raises $4m for UK and Australia expansion
Financial services management platform has some extra holiday spending cash.
IOHK Plutus Fest: bringing science to smart contracts technology
Separating blockchain reality from hype with new platforms based on scientific principles and published research.
AriseBank execs fined $2.5m over ICO scam
US Securities and Exchange Commission lays down the law yet again.
Robinhood tucks into Galileo for US checking and savings launch
Payments processor powers trading app’s banking move.
Equifax Ignite-s data analytics in UK
Data analytics and insights platform lands in UK.
Top fintech stories this week – 14 December 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
NEO Global Capital invests in blockchain platform Ultrain
Decentralised computing platform plans to build cloud infrastructure.
UAE and Saudi Arabia trial cross-border payments on blockchain
Despite some media reports it’s not a digital currency.
YayPay celebrates $8.4m funding for data science drive
Start-up seeks growth in cash-flow and receivables markets.
Mayapada Group taps Pohon Dana for lending in Indonesia
Conglomerate pushes into fintech via investment.
Lending platform JUMO gets $12.5m funding
Takes total raised in excess of $103 million.
Accenture acquires select assets of financial software firm Zafin
Firm looking for more action in legacy IT world.
Revolut gets European banking licence
Will begin operations in 2019.
ShopKeep closes $65m for small business financing leap
Brings US firm’s total funding to just over $72 million.
