Platform9 targets global growth with $25m funding
The firm helps companies run cloud-native infrastructure at scale.
Digital
Cybersecurity start-up Axonius closes $20m Series B
This was the firm’s second fundraise of the year.
ICBA invests in Teslar Software for community banks
The undisclosed investment brings Teslar’s seed capital to $2 million.
Empaxis teams with InvestCloud to launch TAMP1
The platform is designed for small to medium-sized investment managers.
Schroders Personal Wealth troubled by IT issues
The launch of the joint venture between Lloyds and Schroders have prompted widespread complaints from staff.
Doing smarter, cleaner business: The analytics potential of trade data
Banks’ data-rich future should not begin and end with trade flows.
Is your fintech brand an awkward teenager?
From unpredictable growth spurts and occasional breakouts, to sleeping in.
booyah! bank blasts off in US
It’s backed by FDIC member, Surety Bank.
JP Morgan to shut down Chase Pay app in early 2020
This venture will soon be joining the US bank’s other shelved platforms this year.
Wild West to crypto best: How compliance separates cowboys from champions
Major players will be forced into closer collaboration with regulators.
Paysafecard and G2 Esports extend collaboration
More than 400 million people worldwide had watched an e-sports event by 2018.
Tala raises $110m for expansion plans
PayPal Ventures also participated in the round.
The cloud journey for market infrastructures
Some steps to ensure cloud-based is successful and meets the approval of regulators.
Alterna Bank partners with nCino
The agreement marks nCino’s first Canadian credit union customer
Video: fintech news weekly round-up – 16 August 2019
Some of this week’s news, in video format!
Top fintech stories this week – 16 August 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
US neobank Zenus gets licence
Zenus will allow anyone in the world to open an account.
Blade raises $4.3m from Coinbase
The crypto derivatives exchange is launching in three weeks.
Reshaping the banking experience
It’s time to stop looking at digital as the only key to client satisfaction.
Turn to commercial banks for treasury management innovation
Commercial banks are taking up a starring role.
Banking Technology Awards introduces awards for tech vendors
Ovum Technology Innovation Awards are now open for entries!
FinMkt closes $5m Series B
It provides highly customisable tech for the online lending industry.
Video: fintech news weekly round-up – 05 August 2019
Some of this week’s news, in video format!
Top fintech stories this week – 9 August 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
ScaleFactor closes $60m Series C funding round
The platform has since raised $100m in 12 months.
Fintech partnerships: the real benefit of Open Banking for incumbent banks
A deep dive into where the real value lies in Open Banking for incumbents.
Tesla-fy your bank
Will banks ever truly reinvent banking?
Commerzbank tests blockchain payment solution with Daimler Trucks
Current payment systems require a human to trigger the process.
RBC launches student experience on mobile app
The ‘Mobile Student Edition’ is designed to tap into the Gen Z market
Banking Technology Awards 2019: become a sponsor
Working with us as a sponsor ensures your brand is seen by the best and brightest decision-makers in the industry.
Klarna bags $460m equity funding
It’s now the most valuable EU fintech with a valuation of $5.5 billion.
Libra cryptocurrency users face taxing problem
It is not clear how Facebook intend to solve this problem.
Federal Reserve reveals real-time payment system plans
FedNow will be available to all US-based banks by 2024.
Almost half a million Monzo customers affected by data breach
The data leak allowed staff engineers access to PINs stored in encrypted log files.
Insurwave onboards Xceptor to digitise insurance documents
Xceptor uses AI to to extract and transform any type of data from any source.
ASOS and Klarna bring flexible payments to the US
The US will pay in four scheduled bi-weekly instalments to reflect the US salary schedule.
Three lessons traditional banks can learn from their younger siblings
Teamwork, transparency and creating a competitive culture is key.
Grayscale selects Coinbase to store $2.7bn worth of assets
Coinbase Custody had reached $1 billion in crypto AUM in May.
White paper: Agreement automation – Best practices to remove friction, improve compliance and achieve growth
Download the latest white paper from Onespan
Big banks are driving fintech to the mainstream
And it’s happening faster than you think!
