Open letter calls on UK government to boost SME credit access
The letter has been co-signed by Codat, Atom Bank, Funding Circle, Iwoca, Allica Bank, SPRK Capital and others.
The letter has been co-signed by Codat, Atom Bank, Funding Circle, Iwoca, Allica Bank, SPRK Capital and others.
FinTech Futures takes a look back at a bruising year of job cuts in fintech.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Plaid CEO Zach Perret told employees “our pace of cost growth outstripped our pace of revenue growth”.
The OFA wants to usher in an era of open finance in much the same way the EU’s 2016 PSD2 did for open banking.
The data access agreement will remove the need for credential sharing, enhancing security and privacy.
Mollie says the partnership will make it “easier and faster” to start receiving payments and open online stores.
Current’s platform API enables fintechs to build embedded financial services solutions quickly and easily.
Helpful says the average amount of CO2 every checkout payment produces is 3.78g.
The acquisition completes the customer onboarding experience, says Plaid CEO.
CEO Zach Perret says its new backers are “storied companies”.
The plaintiffs alleged Plaid stored and used bank account information without consent.
Core banking provider says deal will improve a range of identity processes for customers.
US Bank customers will use Plaid APIs to connect to third party services.
“Mobile banking is no longer the realm of start-ups”.
Featuring SumUp, eToro, Plaid, SecurityScorecard, and Coalition.
US fintechs have enjoyed a wealth of VC interest since the Plaid-Visa deal hit headlines.
The incubator is looking to accept just three-to-five start-ups.
The two had initially intended to close the deal by June 2020.
Despite COVID-19, the financial sector has still enjoyed some notable M&A deals.
US regulator files lawsuit against Visa, accusing it of monopolistic tactics.
The bank claims Plaid is violating its trademark and tricking customers into handing over data.
CMA finds no competition issues with Visa’s mega-deal.
The integration will streamline the initiation of ACH transfers.
Buy now, pay later fintech joins Plaid network.
The UK’s CMA is looking into potential anti-competitive implications.
A look back at some of the biggest deals this past quarter.
“One of the earliest forms of ‘fintech’ is a budgeting spreadsheet,” says Plaid.
Teller’s co-founder: “I fear for the future of Plaid’s product”
Consolidation is now becoming synonymous with standardisation – breeding competition.
The deal doubles the fintech’s valuation from just over a year ago.
It’s working towards issuing tokens that send third parties a narrow range of data in a secure form.
Plaid says there’s opportunity to align with Visa and Mastercard.
Following the acquisition of Quovo in a $200m deal.
Bank account connectivity firm finds something similar in the US.
US app provider now valued at a juicy $2.65 billion.
Enabling account holders to safely share their financial data with third-party fintech applications.
Shy US app provider expands to Canada.