Bank of America invests in UK paytech Banked, launches new online payment solution
BofA says the Pay by Bank solution is “part of our continual cycle of technology investment”.
Mobile
Brazil’s Banco Itaú partners US paytech Rêv to launch multi-currency digital wallet
The Itaú Global Wallet was developed by Rêv on its multi-currency payments processing platform.
Apple’s iPhone to accept contactless payments with new ‘Tap to Pay’ feature
Tap to Pay will allow US merchants to accept cards, Apple Pay and digital wallet payments.
Mos secures $40m Series B funding to drive product expansion
The cash will go towards hiring new staff as Mos looks to maintain its recent growth spurt.
UK challenger Monzo opens its doors to US customers
The launch comes four months after Monzo abandoned its attempts to gain a US banking licence.
Crypto wallet Phantom launches app following $109m Series B raise
Phantom claims to be “the fastest growing crypto wallet”.
Garden of Eden: how Africa’s digital transformation promises to boost the continent
Demographics, technology and opportunity have set the stage for Africa to become a global fintech powerhouse.
ICYMI funding round-up: ApexEdge, DirectID, Everything, NALA, Tuum, & OZÉ
Our weekly round-up for you to get the latest fintech funding news.
Walmart-backed Hazel snaps up fintech platforms Even and One in super app push
Walmart CEO says the app will allow users to “manage their money in one place”.
UBS agrees $1.4bn deal to acquire wealth management platform Wealthfront
Millennial and Gen Z-focused Wealthfront caters to “the next generation of investors”.
ICYMI funding round-up: BillEase, Cake, Gr4vy, Finmap, Shield, & Skilling
Don’t let funding announcements slip you by in this fast-paced industry!
E-commerce one-click checkout fintech Bolt raises $355m in Series E
Bolt says it has doubled its valuation in three months.
Fintech start-up Twig raises $35m to support Web 3.0 plans
The London-based fintech intends to expand into the EU and US in 2022.
Paytech Rêv launches X World Wallet “super-app” in US
The X World Wallet is Apple Pay, Google Pay, and Samsung Pay compatible.
The year ahead: Enhanced digitisation and the evolution of payments
Here are five predictions for how payments will continue to evolve in 2022.
2021: Top five new fintechs and neobanks
FinTech Futures takes a look back at some of the year’s top new fintechs and neobanks.
What the FinTech? Podcast | Season Two’s Jailed Buzzwords
We run down all the buzzwords our podcast guests wanted gone from the industry this year.
The outlook for payments in 2022 and beyond
In 2022 we can expect more industry consolidation and further demand for alternative digital payment methods.
Embedded finance platform Ant Money raises $20m, acquires savings app Blast
Acquisition of Blast boosts the number of apps under the Ant Money umbrella.
Apiture to provide Xpress core banking solution for Missouri’s First State Bank
The 150-year-old bank will migrate its legacy digital banking solution.
Wyth Financial hires new VP of customer experience, Mark Nicholson
Nicholson moves from rival Canadian digital bank Tangerine.
Nuvei partners Visa to launch branded crypto debit cards across Europe
The programme plays “a vital role in expanding the crypto ecosystem”, Nuvei CEO says.
ICYMI funding round-up: Trolley, TSLC, and Freetrade
With the ever fast-paced nature of the fintech world, it’s easy to let announcements slip by from time to time.
Digital wealth manager Wealthsimple exits UK
All eligible accounts will be transferred to Moneyfarm in January.
White paper: The innovator’s guide to the digital-first contact centre
Social and messaging are well on their way to become mainstream contact centre channels.
Banking service for migrants Majority raises $27m in Series A
The company has identified 180+ unique migrant communities it intends to offer its services to.
ICYMI funding round-up: Bunq, Qapita, GajiGesa, Knowledge Bank, Anchor, Goalsetter, & Lamaa
In Case You Missed It (ICYMI) funding round-up for you to get the latest fintech funding news.
New neobank Migom provides unbanked entrepreneurs essential banking services
The digital bank also provides crypto capabilities, including instant crypto transfers.
Revolut buys SME hospitality ePOS software provider Nobly POS
Nobly POS software will be integrated with Revolut payment offerings internationally.
ICYMI funding round-up: Pomelo Pay, Nudge, Recordent, fintus, EarlyBird, WLTH, and Basiq
In Case You Missed It (ICYMI) funding round-up for you to get the latest fintech funding news.
Fintech start-up Imprint lands £38m in Series A round
Stripe among backers for brand-centric payments player with $53m raised in total to date.
Wyoming Bank and Trust selects Computer Services for core banking upgrade
The locally-owned bank has selected CSI’s NuPoint core platform.
FinTech Futures industry survey 2022
Share your views on the state of play in financial services, banking and payments technology sectors.
Oportun to buy neobank Digit in $213m deal
Acquisition intended to accelerate Oportun’s expansion plans by three to five years.
Stori brings in $200m in Series C funding and debt financing
The fintech has achieved one of the largest funding rounds to date in Latin America.
New fintech Uellbee aims to improve financial inclusion in Mexico
The firm will offer access to credit, financial coaching, and savings.
How blockchain and cryptocurrencies can deliver financial inclusion for Africans
The uptake of blockchain and crypto has been growing in Africa, driven by the economic climate on the continent.
New US fintech Wyshcast to boost financial inclusion with sandboxes
The service plans to offer a “fully-aggregated” and “one-stop” financial planning tool.
Fintech funding deals globally 1 November – 7 November 2021
Featuring Mynt, Plate IQ, Chipper Cash, Mythical and Moonfare.
Paytech start-up Extend raises $40m in Series B round
The New York start-up wants to modernise the payments industry “from the inside out”.
