ING spin-out fintech Katana Labs shuts down
“I regret to announce that Katana Labs will cease to operate as of January 31, 2022,” founder says.
Start-up
Iroquois Federal and Nymbus launch banking brand for newlyweds, Hitched
“Niche banking is the most significant innovation opportunity for financial institutions today,” Nymbus says.
The state of start-up funding in Europe
European start-ups are starting to have access to a far broader and more founder-focused investment ecosystem.
ICYMI funding round-up: BillEase, Cake, Gr4vy, Finmap, Shield, & Skilling
Don’t let funding announcements slip you by in this fast-paced industry!
Regtech ComplyAdvantage reports record year, makes senior hires
Nabeel Vilcassim joins as chief financial officer (CFO) and Oliver Furniss as chief product officer (CPO).
De novo Agility Bank opts for Numerated’s loan origination platform
Numerated’s SaaS loan origination platform will support Agility’s business banking products.
So what?
Financial services exists to serve. And that means that when we are not of service, we are just in the way.
Fintech funding deals globally 10 January – 16 January 2022
Featuring Checkout, Qonto, CAIS, Qraft Technologies and SEBA Bank.
SaaS tech start-up financing platform Arc lands $161m investment
“We’re on a mission to help start-ups grow,” says Arc co-founder and CEO Don Muir.
If we truly value diversity, fintech needs to do much more
For all its forward-thinking and future-proofing, fintech is struggling when it comes to diversity and inclusion.
Video: fintech news pick of the week – Checkout.com funding; UK fintech investment; digital currency pilot in Bahrain
Our top pick of news from the world of finance and tech in bitesize video format, every week.
Digital asset fintech Zero Hash lands $105m in Series D round
The round saw participation from Bain Capital, NYCA and Point72 Ventures.
ICYMI funding round-up: DigiDoe, Acorn Finance, ThankUCash, Trust & Will, MDXT, & Paywatch
Don’t let funding announcements slip you by in this fast-paced industry.
Accrue Savings raises $25m to offer consumers “a responsible purchasing option”
The Series A funding round was led by Tiger Global.
The dying art of arguing
No matter how smart you are, you may be wrong. And having the conversation will always teach you something.
US SME banking platform Novo raises $90m in Series B funding
Novo CEO Michael Rangel says the funds will go towards improving cash flow for small businesses.
Brex hires Meta product head Karandeep Anand as CPO, lands $300m funding
Since its founding in 2017, Brex has raised a total of $1.2 billion.
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.
Video: fintech news pick of the week – Petal, Unibo, & iProov
Our top pick of news from the world of finance and tech in bitesize video format, every week.
Alternative retirement investment platform Alto raises $40m in Series B
The firm claims more than 15,000 IRA investors with a billion dollars of assets under custody.
Credit building start-up Petal raises $140m in Series D, faces lawsuit
Petal CEO says firm is hiring across the board for more than 100 positions this year.
ICYMI funding round-up: Anfin, Cion Digital, D2X, KRM22, & Orenda Finance
Our weekly “In Case You Missed It” funding round-up for you to get the latest funding news.
The great perhaps
This year, we should have the courage to move away from what we’ve always known to really push what is possible.
How can female leaders in fintech pave the way for the next generation of women?
Fintechs must create road maps for the next generation of women in this industry to follow.
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 (deliciously delayed) pernicious effects of “managing up”
Don’t manage up. Don’t treat your trench buddies like they’re expendable. Be a good colleague at all times.
MODIFI secures $145m in debt financing to boost SME trade support
“2021 has been a challenging year for SMEs,” says MODIFI CEO.
Fintech start-up Papaya lands $50m Series B round to simplify bill payments
New cash injection takes the firm’s total capital raised to date to around $65 million.
But I don’t like strawberries
You shouldn’t always accept the premise of a question. Especially if it’s evidently not itself premised on fact.
Mexican fintech Clara hits unicorn status with $70m Series B round
The new cash will fund the start-up’s expansion into Brazil.
Corporate financial management start-up Mesh Payments raises $50m
The Series B funding round was led by Tiger Global.
Finance management platform Rho raises $75m in Series B round
Founded in 2018, the start-up has raised $205 million in equity and debt financing to date.
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.
Banking start-up Hatch rebrands as Nearside, raises $58m in Series B
Founded in 2019, Nearside focuses on “the smallest of the small businesses” in the US.
Digital wealth manager Wealthsimple exits UK
All eligible accounts will be transferred to Moneyfarm in January.
Mexican spend management start-up Mendel lands $35m in new funding
Funds will be used for product development and to accelerate growth in Mexico and Latin America.
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.
Fintech funding deals globally 29 November – 5 December 2021
Featuring Slice, 1inch, Prytek, Kueski and Fundbox.
Finance reporting start-up Abacum gains $25m Series A funding
The company provides a SaaS platform for streamlining reporting and improving forecasting accuracy.
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.
