Business-to-Consumer/B2C Archives - FinTech Futures

Business-to-Consumer/B2C

UK central bank unveils Islamic finance liquidity alternative

The central bank will run tests in early 2021.

Glitch-riddled TSB goes down again on payday

“[It’s] payday so it means that TSB online banking and app is down again.”

JP Morgan and Lloyds considering acquisition of UK challenger Starling Bank

Pair of major banks interested in Starling Bank’s potential following profit announcement.

Banking Tech Awards 2020 hosted online by Tom Ward

Join comedian Tom Ward for the 2020 Banking Tech Awards. Broadcast online on 10 Sept, 3:30pm GMT and is free to attend.

G2A co-founder launches banking challenger Zen in 32 countries

Zen’s offering is split into consumer-facing and business-facing.

Facebook’s Libra could launch as early as January 2021

Novi’s digital wallet is “ready from a product perspective”.

Finleap invests in German app aggregating student finance products

German tuition is largely free, making aid for living costs scarce.

Lanistar comes under UK advertising watchdog’s microscope

The regulator says it “received complaints about ads for Lanistar”.

Credit Karma secures $7.1bn Intuit acquisition, sells tax ops to Square

Square enjoyed a 4% jump in stock market value following the announcement.

Virgin Money profits dive 77% as it braces for bad loans

Before impairment charges, Virgin Money’s underlying profit stood at £625m.

San Fran alternative lender Oportun applies for banking charter

Oportun currently has licences in 12 states.

South African BaaS provider Ukheshe to acquire local fintech Oltio

Oltio is a smaller South African firm which hosts QR code payments for Mastercard.

HMBradley lands $18.25m Series A led by Chime investor Acrew Capital

To date, the fintech claims it has surpassed $90 million in customer deposits.

Western Union snaps up 15% stake in Saudi telco’s payments arm

Currently Western Union provides stc pay with money transfer services.

Google Pay unveils integrated banking challenger Plex

Plex will sit in the wider, revamped Google Pay app.

FCA issues Lanistar warning as tech partners disavow connection

UK payments-as-a-service fintech Modulr is among them.

Latvian loan investment marketplace Mintos crowdfunds €6m

Mintos currently hosts 68 lending companies.

UK challenger Finndon lands e-money licence

The start-up plans to launch in 2021.

One of Turkey’s largest fintechs Papara gears up for expansion

It launched in 2016 and became cash flow positive in 2017.

App for US landlords NestEgg lands $7m Series A

Alongside its fresh capital injection, the start-up has also launched NestEgg Pay.

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