Fintech funding rebounds in Q2 but deal numbers continue to fall
VC-backed fintech deals dived from 452 in Q1 to 397 in Q2.
VC-backed fintech deals dived from 452 in Q1 to 397 in Q2.
Currently in beta, the 2019-founded start-up is yet to go live.
Approve is a cloud-based software-as-a-service (SaaS) platform.
The Attica-based start-up acquired Praxia Bank’s banking licence on 3 August.
The UK is a notable eight ahead of second-place Malaysia.
It specifically cites the friction with regards to travel and COVID-19 developments.
The integration will streamline the initiation of ACH transfers.
The EPA says the FCA should have reached out to it.
Cloud adoption in North America amongst major banks is still in its infancy.
The firm wants to turbocharge its offering, customer base and geographical presence.
Jones was previously Sopra Banking Software’s CTO.
AMTD is yet to land a licence to launch the bank.
DPO is the largest online commerce platform operating across Africa.
Deutsche wants more European banks to invest in the platform.
The firm says it’s seen a 43% uplift in its value since May 2019.
It brings the firm’s Series B round to $125 million.
Leda Glyptis will no longer be the Foundry’s CEO.
Last year, the sandbox recieved a record 99 applications.
Some £12 million of its Series A counts for equity, whilst the rest is debt.
Money20/20 Europe assures the physical event in Amsterdam is safe and ready to go ahead.
The start-up says it has more than $2 billion under management on its platform.
The fresh capital adds to an extended $11 million Series A raise.
US banks and federal savings associations can offer cryptocurrency custodial services.
FinTech Futures sits down with Magdalena Kron, who leads Rise London’s team.
The bank is joining the Partnership for Carbon Accounting Financials.
Its feature #donate allows donors to send instant donations via social media.
Last year, Orient Bank reported a net loss equivalent to $284,374.
The idea for Flow originated on an alpaca farm in Drenthe.
The Faroe Islands are “experiencing a boom in the number of online businesses”.
The sandbox will be for both start-ups and “large financial institutions”.
The start-up has issued around five million virtual card numbers.
The bank currently employees a team of 56.
Investor Standard Chartered says “digital assets are here to stay”.
Bond’s offering is based on “developer-focused” applications.
The start-up wants to create a bank-agnostic branch network.
Experts from Banco Santander, Foxit Software and Xendoo discuss digitising paperwork during the coronavirus crisis.
The new P2P lender offers unsecured loans of up to £100,000.
Viva Wallet bought a Greek neobank back in January.
Its CCO speaks to FinTech Futures about the firm’s one-platform and auto-code approach.
Weng Kan led Google’s attempt to edge into the insurance market in 2015.