Ohio’s KeyBank acquires Philly fintech firm GradFin
Founded in 2015, GradFin offers advisory solutions for people wanting assistance with their student loan debt.
Outsourcing
US fintech MainStreet lays off 30% of employees
CEO Doug Ludlow cites “today’s incredibly rough market” as the reason for the layoffs.
Apple invests $25m to help underserved communities via fintech platform CNote
CNote has already started moving Apple’s money into the communities through its platform.
Canada’s Neo Financial hits unicorn status with $145m Series C raise
The round was led by Valar Ventures, with new and existing investors also participating.
FinTech Futures Industry Survey & Report 2022
A deep-dive into the trends defining 2022 and beyond, based on a comprehensive survey of the industry.
Report: Digital transformation and trends in financial services
The future of the financial industry, including a shift back to office, fraud prevention, and regulatory compliance.
FinTech Futures Jobs: Three new roles if you’re considering a great resignation
Exciting open vacancies at Hazy, Xero and LSEG. Apply today!
Deloitte hires Bob Savino to offer new BaaS solution for financial institutions
Savino will head up a fintech start-up team as the consultancy looks to bring a new BaaS solution to market.
ICYMI funding round-up: Estateguru, SaaScada, tell.money, Cheq, GMEX & Bluezone
A handy round-up of the recent funding endeavours of fintech companies across the globe.
First Bank partners Finzly to offer payments services to business customers
First Bank says Finzly’s Payment Hub “gives us the speed and agility to offer a fintech-like payment experience”.
The case for building core banking
Should larger banks be looking to write their own core? I’m not so sure.
Co-branded credit card platform Concerto launches with $21m funding
The early-stage round was led by Matrix Partners and saw participation from PayPal Ventures.
Rewards platform Kard secures $23m in Series A funding round
The new funds will be used to expand its merchant network and product offering.
Webinar: What are the top trends and technologies transforming financial services?
Game-changing technologies, including cloud, AI/ML, containers, APIs, and blockchain, and adoption strategies.
White paper: Banking in the cloud – how to do it right
Gain best-practice insight on how you can generate more value from your cloud strategy.
US fintech Bond teams up with Evolve Bank & Trust for BaaS offering
The partnership will offer new debit and credit card capabilities for businesses and consumers.
ICYMI fintech funding round-up: Union54, Themis & Sawa
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The evolution of core banking: build or buy?
There’s recently been a big rise in the number of players vying to be the core banking provider of choice for banks.
Investment management platform FundGuard lands $40m Series B
The round saw participation from Citi, State Street, Blumberg Capital, LionBird Ventures and Team8 Capital.
BaaS platform NovoPayment lands $19m Series A funding
The round was led by Fuel Venture Capital and IDC Ventures.
MSU Federal Credit Union taps Nymbus to launch new digital brand for alumni
New digital brand AlumniFi is targeted at Michigan-based alumni.
Stripe appoints Microsoft’s James Phillips as new president of financial services
James Phillips joins Stripe after a decade at Microsoft.
Microsoft teams up with Finastra to offer SME lending through Dynamics 365
Microsoft says the partnership will drive value for SMEs, “the backbone of job creation in the world’s economy”.
ICYMI fintech funding round-up: Gotrade, lemon.markets, Unifimoney & Gaviti
Our weekly fintech round-up for you to get the latest funding news from around the world.
Unbundling the core in the cloud: the perfect architecture for future-proof banks
Is your bank running on an operating system that is functionally unbundled, real-time, modular, cloud-native, and plug-and-play?
Digital banking solutions provider Alkami buys data insight fintech Segmint for $135.5m
Alkami intends to integrate Segmint’s machine learning tech with its digital banking capabilities.
Platformification: a reality and strong value add
How platformification benefits the financial institution and end customer alike.
Mizuho partners Google Cloud to power digital transformation
MFG says it is working with Google Cloud to deliver on the evolving needs of its customers.
Payments for good – promoting financial inclusion
Vijay Oddiraju, CEO of Volante Technologies, looks at ways the payments industry can provide the rails for inclusiveness.
Cybersecurity firm Axonius valued at $2.6bn following $200m Series E
Founded in 2017, Axonius has now raised a total of $395 million to date.
What the FinTech? | S.3 Episode 2 | Build banking better
In this episode, we’re joined by Temenos CTO Tony Coleman.
UK fintech start-up Weavr secures $40m Series A round; targets US launch
CEO Alex Mifsud says Weavr shortens the time it takes to launch embedded finance solutions.
Chat commerce platform Clickatell raises $91m Series C to boost expansion plans
Clickatell says chat is the largest digital platform in the world, with 7.7 billion users.
US fintech start-ups Airbase, Genesis Volatility, and Tilled raise funds
A handy round-up of the recent funding endeavours of three US start-ups in the fintech space.
FIS acquires embedded finance start-up Payrix
The Atlanta-based Payrix provides embedded payment solutions for Software-as-a-Service verticals.
FinTech Futures Jobs: Three great companies that are hiring right now
Exciting open vacancies at Klarna, Xero and Revolut. Apply today!
Form3 poaches senior Swift exec to drive US expansion
Dave Scola moves from Swift to become Form3’s US chief executive.
Fiserv acquires rival core vendor Finxact for $650m
Finxact was set up in 2016 to bring a modern, cloud-based alternative to the US market.
Fintech funding deals globally 31 January – 6 February 2022
Featuring FTX, Chargebee, Koho, Phantom and League.
The urgency needed for banks to enter the BNPL space
Banks have an opportunity to get ahead in the BNPL space as authorities introduce new regulations.
