US Bank acquires SME expenses firm Bento Technologies
US Bank aims to combine its payment and expenses offerings for SMEs.
Financial Services/Finserv
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.
Figure Technologies to merge with Homebridge Financial Services
Blockchain firm says its technology can double Homebridge’s capacity.
Temenos wins long-term deal with Hamilton Reserve Bank
Caribbean bank signs up Temenos to cover a range of banking services.
Is a change of approach required to benefit from cloud services as critical infrastructure?
It’s a fine balancing exercise of facilitating and encouraging innovation and adoption of cloud integrated services.
Video: fintech news pick of the week – Western Union, Dataiku and Razer
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
FinTech Futures Jobs: Three really exciting jobs to apply for this week
Exciting vacancies at OakNorth, Checkout.com and Deloitte. Apply today!
ICYMI funding round-up: Sarwa, Salad, Grip, Keebo & more
Another collection of funding rounds and raises from all over the world you might have missed this week.
BNPL firm Zilch sets up US expansion with NepFin acquisition
The acquisition of the American firm will give Zilch a foothold in the US market.
US neobank Upgrade secures $105m Series E funding round
The new funding round values the firm at more than $3.3 billion.
Canadian fintech FreshBooks reaches $1bn valuation with latest funding
Firm secures $80.75 million in Series E funding and $50 million in debt financing.
Paymentus to acquire fintech partner Payveris for $152m
The transaction is expected to close in Q3 2021.
Digital assets platform FalconX hits $3.75bn valuation with $210m Series C round
The California-based firm plans further growth and strategic acquisitions.
Western Union agrees sale of Business Solutions division for $910m
Investment firms Goldfinch and Baupost are paying in cash.
Circle announces plans to become a national digital currency bank
The firm says it will operate under the supervision of US financial regulators.
Social finance app Frich launches in the US
NYC-based Frich offers a savings wallet and no-fee overdraft for Gen Z users.
Video: fintech news pick of the week – BharatPe, Apple and BigPay
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Plaid agrees $58m settlement over data privacy class action
The plaintiffs alleged Plaid stored and used bank account information without consent.
Reserve Trust raises $30.5m in Series A, appoints new CEO
B2B payments firm says it can provide a service to cut out correspondent banking middlemen.
Fintech funding deals globally 2 August – 8 August 2021
Featuring Rapyd, Human Interest, Unico, Matrixport and Kuda.
Fintech start-up Zeni secures $34m Series B investment
California-based fintech will use the new financing to invest in growth and new hires.
Credit Suisse nabs 16-year HSBC veteran for global fintech role
Orazio Tarda joins the Swiss bank after a long spell with HSBC.
Paysafe signs deal to acquire alternative payments platform PagoEfectivo
The deal is expected to close by the end of August.
Swift hires new CTO in former Standard Chartered CISO Cheri McGuire
McGuire says she joins at a time of “pivotal” transformation.
Apple partners Affirm Holdings to launch Canadian BNPL service
Apple will allow customers to pay in instalments to buy iPads, iPhones, and Macs.
Video: fintech news pick of the week – Rapyd, Monzo and Mercury
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
FinTech Futures Jobs: Three great roles to apply for this week
Exciting vacancies at CSC, Broadridge and Oracle. Apply today!
ICYMI funding round-up: Snoop, Easy, Wildfire Systems, Ritmo & more
Another batch of funding rounds that might have flown under your radar.
Broadridge acquires Alpha Omega in Itiviti combination plan
Broadridge will combine Alpha Omega and Itiviti’s post-trade solutions.
Is data the new currency for banks?
Banks have huge amounts of customer data, but do they have enough?
Dear Luc: Should I pick a fintech specialist or a jack-of-all-trades?
This week someone writes in to ask: should I pick a fintech specialist or a holistic provider to partner?
Fifth Third completes acquisition of healthcare fintech Provide
Provide offers financial products targeted at healthcare practices.
NCR to acquire crypto ATM firm LibertyX
The deal will see NCR deploy LibertyX across its software suite.
Exclusive: Oracle FS wins major lending deal with AT&T
US telecoms giant picks lending and leasing solutions.
Financial infrastructure firm Prime Trust secures $64m Series A funding
Las Vegas fintech looks to continue its growth and expand into new markets.
QR codes – changing the consumer experience in banking
Introducing the “touches ATM experience” with QR codes.
Cuscal picks BHMI’s Concourse to support upcoming NPP initiative
PayTo will look to enhance the current NPP payments system.
Survey: Green/sustainable finance within the banking technology industry
Fintech Futures is conducting a brief survey concerning green/sustainable finance and would very much like your input.
Climate First Bank launches in Florida with Finastra Phoenix at the core
Florida-based lender plans to meet and exceed a range of green initiatives.
