FinTech Futures: Top five stories of the week – 26 May 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Challenger Bank
News, intelligence and resources on the global fintech industry including topics such as challenger banks.
Rammis Bank live with iMAL core banking system from Azentio
Phase one of the implementation project at Rammis Bank was completed in 30 days.
Anne Boden to step down as CEO of Starling Bank
Boden will remain on the board as a non-execu director, with COO John Mountain taking over as interim CEO.
UK challenger bank Atom appoints new chairman, Lee Rochford
He will replace Bridget Rosewell when she steps down in September this year.
US LGBTQ+ neobank Daylight to close down
The final day of Daylight’s banking operations will be 30 June.
Digital banking group Tyme lands $77.8m in pre-Series C funding
Existing investor Tencent also increased its stake to become Tyme’s third-largest stakeholder.
Sonata Bank taps Plinqit to help restaurant workers meet savings goals
Through the partnership, Sonata will provide customers with ways to save and plan for future financial needs.
Sonata Bank aims to boost quick service restaurant employees’ financial health
The challenger has raised more than $20 million in its initial round of funding.
German challenger N26 to cut 71 jobs, around 4% of total workforce
N26 says the cuts are a result of the firm “sharpening its focus on its strategic priorities”.
Redwood Bank appoints Ashraf Piranie as chief financial officer
Piranie brings more than 25 years of financial services experience to his new role.
LatAm #paytech Bamboo names Francisco León as its first CEO Bamboo believes it is in “a unique position” to capita… twitter.com/i/web/status/1…
Tackling the triple challenge: digital fatigue, decision fatigue, and scarcity mindset Today’s consumers are navig… twitter.com/i/web/status/1…
B2B #fintech Plastiq files for #bankruptcy, enters deal with Priority Founded in 2012 and based in San Francisco,… twitter.com/i/web/status/1…
Top five stories of the week > Anne Boden to step down as CEO of @StarlingBank > Pipe builds “#fintech dream team”… twitter.com/i/web/status/1…
Why is @Apple taking a bite out of #banking? I am, on the whole, a delighted Apple customer. And as a #fintech spe… twitter.com/i/web/status/1…
FinTech Futures #Jobs: Despite London being a global superhub for #fintech and the UK being ranked as the European… twitter.com/i/web/status/1…
#Crypto app @TapGlobalPlc appoints David Hunter as chairman He will replace John Taylor, who will remain on the co… twitter.com/i/web/status/1…
At FinTech Futures, we know that it can be easy to let funding announcements slip you by in this fast-paced industr… twitter.com/i/web/status/1…