Danish edtech Female Invest targets UK expansion with $1.6m fresh capital
“It makes a big difference when you see someone like you on a platform.”
Financial Inclusion
Six Black-owned banks receive funding from Well Fargo’s $50m MDI pledge
The banks will have access to a dedicated Wells Fargo relationship team.
A look inside MENA investor Global Ventures’ fintech portfolio
Global Ventures’ portfolio covers payment acceptance, digital wallets, credit and trading.
HSBC, Microsoft, and Santander back Included VC’s diversity fellowship
The fellowship’s latest 48-person-strong cohort is 18 more than last year.
FinTech Futures Jobs: five awesome fintech companies founded by women
Featuring Aya Payments, Modularbank, First Boulevard, GoHenry, and Alinea Invest.
Plaid launches incubator FinRise for fintech founders of colour
The incubator is looking to accept just three-to-five start-ups.
My mother was right about everything
What good are the choices, if you don’t act?
What the Fintech? Season one | Fintech Jail
Here’s a list of all the buzzwords in our What the Fintech podcast game, “Fintech Jail”.
EXCLUSIVE: Neobank First Boulevard launching next year to target Black America
CEO and founder, Donald Hawkins, tells FinTech Futures about the process of the name change.
FCA fines Barclays £26m over poor treatment of customers in financial difficulty
Barclays did not dispute the FCA’s findings and agreed to settle the case.
Digitalisation landscape in Pakistan – a tech view
The digital and tech teams of the banks need to “think out of the bank”.
Revolut hot on Starling’s heels, breaks even in November
“We’re doing much better compared to pre-Covid times,” says CEO.
Banking for good
As the new kids on the fintech block start to mature, I do hope they support the broader community.
Banking Tech Awards 2020 hosted online by Tom Ward
Join comedian Tom Ward for the 2020 Banking Tech Awards. Broadcast online on 10 Dec, 3:30pm GMT and is free to attend.
San Fran alternative lender Oportun applies for banking charter
Oportun currently has licences in 12 states.
Be Money rebrands as Daylight in preparation for US launch
Daylight promises a range of LGBTQ+ services to support its customers.
What the Fintech? Episode 16 | Financial inclusion 2020
Nina Mohanty shares her research findings on financial inclusion around the most vulnerable people in our communities.
Banking Technology November 2020 issue out now
Without limits: The Barclays accelerator races ahead
Supporting a changing workforce: real-time payments and the gig economy
Instant access by gig workers to their pay will create a healthier and more sustainable gig economy in the long-term.
The power of the collective
Martha Mghendi-Fisher is creating a community – a tribe – for women in the financial services industry.
Future economic relief should care for more families
Deserving families have continued to be unfairly excluded from government relief throughout the COVID-19 crisis.
Bank of America teams up with Black-owned Unity bank
BoA has acquired approximately 5% of the bank’s common equity.
Sticking their necks out
Until now, no established, Black-owned, UK-founded bank has existed.
Can financial technology help reduce inequality?
Decisions made by algorithms can have a detrimental effect on people’s lives.
Argentina’s money management app Ualá launches in Mexico
“It’s a much better product than we had in Argentina [upon launch],” says the CEO.
Angolan National Bank and Beta-i create fintech regulatory sandbox
The sandbox is set to open four batches, each composed of 10 selected projects.
Merger creates largest Black-owned US bank
City First Bank in Washington and Broadway Federal Bank in Los Angeles are merging.
US credit fintech for minorities Esusu lands £2.3m
More than 5,000 renters in the US have applied for Esusu.
US challenger for teens Copper lands $4.3m
The start-up has built an advisory board of teens.
2020 PayTech Awards hosted online by Zoe Lyons
Join our celebrity host Zoe Lyons for PayTech Awards 2020! Free broadcast on 10 September – everyone is welcome.
Commonwealth collaborates with JP Morgan on emerging tech
The initiative will focus on helping lower- and moderate-income people’s financial lives.
The social-savvy wave of entrepreneurs
They will push traditional banks to pivot their offerings once again.
Standard Chartered and Airtel Africa sign financial inclusion partnership
The two firms plan to boost services in “key” African markets.
UK pensions firm Options teams with US Halal fintech Wahed Invest
Options UK thinks there is a noticeable gap in the Islamic pension market.
US Bank commits $1.15m to Black-led partners to “close racial gaps”
Some 15 partners will receive grants from $50,000 to $100,000.
What the Fintech? Episode 11 | Financial inclusivity in Russia
The CEO of Yandex Money talks about financial inclusivity in Russia.
US challenger Purple to tap America’s disabled community
The fintech allows users to receive disability benefits up to two days early.
Responsible subprime auto lending through AI
This math is at the root of a very basic truth: opportunity is not distributed equally in America.
Financial comparison marketplace Crediverso to launch in US for Latinos
Currently in beta, the 2019-founded start-up is yet to go live.
UK leads the way in Islamic fintech ahead of Malaysia and UAE
The UK is a notable eight ahead of second-place Malaysia.
