Paytech Recharge.com hires David Lindheimer as CPTO
The appointment will bolster the paytech’s global expansion plans, CEO says.
Data & Analytics
Goldman Sachs partners AWS for cloud data management and analytics solution
New offering is designed for hedge funds, asset managers and other institutional clients.
Anti-money laundering regtech Hummingbird secures $30m in Series B round
New funding brings the total raised to date by the start-up to $41.8m.
APIs, open banking and the changing face of financial services
The pandemic played a substantial role in boosting the adoption of open banking and APIs.
Numerated acquires fellow fintech Fincura
Numerated is “building the future of business banking”, founder and CEO states.
FinTech Futures Jobs: Three really cool jobs you can apply for this week
Exciting open vacancies at Klarna, Starling Bank and Funding Circle. Apply today!
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.
Interac selects Microsoft Azure as part of hybrid cloud strategy
The payments processor has seen a sharp increase in volumes in the last 18 months.
Landsbankinn prepares for PSD2 with Salt Edge
Iceland’s largest bank will utilise Salt Edge’s international experience and compliance solution.
What is the next stage of open banking and how do we get there?
While many people speculate on the future of open banking, let’s look at where the industry is going next.
CIBC recruits Danske Bank’s Søren Rode Jain Andreasen for digital leadership role
Andreasen’s departure follows 15 years at the Danish bank.
TruePay raises $32m in one of the largest Series A rounds in Brazil
The B2B BNPL fintech says it will invest in team and product development.
Worldline provides authentication for Austria’s emerging digital ID solution
The provider is working with longstanding customer PSA Payment Services Austria.
National Bank of Kuwait unveils country’s first digital bank
Weyay is in beta mode and will target the country’s large youth market.
Nordea picks Temenos’ Multifonds for Luxembourg investor servicing activities
The cloud-based implementation will replace multiple on-premise systems.
FairXchange marks United Fintech’s third acquisition in its first year
London company completes busy first 12 months as it builds a capital markets solutions business.
Tax automation firm Fonoa raises $25m for international expansion
The Dublin-based company will use the funding to extend country coverage and headcount.
ECB report finds banks failing to meet climate risk goals
The study looks at 112 banks, with €24 trillion of combined assets.
Israeli blockchain firm StarkWare raises $50m in Series C round
Company aims to increase blockchain bandwidth to scale technology for mass use.
Mexican BNPL platform Aplazo completes $27m Series A round
Increase in headcount and Latin American expansion planned.
$140m Series E funding takes Expel valuation to over $1bn
The US-based detection and response (MDR) provider has secured $258 million in financing to date.
ID platform Alloy selected by LGBTQ+ digital bank Daylight for customer verification
Alloy’s API-based platform will be used to automate the bank’s identity verification process.
Legacy systems in banking: the major barrier for digital transformation
Modernisation of the core banking system is exactly where the transformation journey begins.
New FinTech Futures Report: The Changing Face of Cybersecurity
The latest deep-dive report and survey in the industry, focusing on the changing nature of cybersecurity in a new age.
FinTech Futures Jobs: Three exciting open roles at OakNorth to apply for
Exciting open vacancies at OakNorth. Apply today!
Fusion Credit Union selects BankBI for financial performance management
Deal stems from partnership between BankBI and Canadian credit union solutions firm Celero.
Singapore fintech Sleek raises $14m to fund global expansion
The company’s platform acts an ‘operating system’ for entrepreneurs and small businesses.
Hong Kong-based Qupital raises $150m to boost expansion plans
Partners in Series B include Citi, GBA Homeland and Nordstar.
Euroclear partners India’s HCL to modernise digital framework
HCL will set up a co-innovation lab in Brussels to explore emerging technologies.
Cybersecurity platform Immersive Labs acquires US start-up Snap Labs
“The two platforms are a natural fit,” says Snap co-founder Chris Myers.
Drata achieves unicorn status following $100m Series B
Drata intends to triple its workforce within the next year.
Stori brings in $200m in Series C funding and debt financing
The fintech has achieved one of the largest funding rounds to date in Latin America.
Wealth infrastructure API platform Atomic raises $25m Series A funding
The San Francisco-based company will add scale and headcount with funding round.
MasLife embarks on crowdfunding ahead of full launch of app
Combining financial and health wellbeing, the firm has a market valuation of £21.8m.
Standard Chartered taps SAP for SaaS banking connectivity solution
SAP Multi-Bank Connectivity will enhance the transactional banking experience for corporates, the bank says.
FinTech Futures Jobs: Five tips on how to prepare for a remote job interview
Take a look at some tips on how you can best prepare for a remote job interview.
Aiimi wins £1.3m data analytics contract with FCA
Milton Keynes-based data firm wins regulator contract running until April 2024.
Open banking’s failure
The impact of open banking is on the scale of the industrial revolution. It just needs time to fully play out.
Data governance platform Collibra valued at $5.25bn following $250m Series G
New York-based firm plans to use the cash for product development and global expansion.
