Video: Top fintech stories this week – 11 December 2020
FinTech Futures’ weekly news round-up.
bankingtech.com
Mobile
GoHenry latest in kid’s banking sector to land funding of $40m
Over 2019, parents on its app paid £98m in pocket money to their children.
Challenger for teens Step raises $50m in Series B
Among new investors are Charli D’Amelio, Justin Timberlake, Eli Manning, and Mantis VC.
Retail rewards platform Fetch raises $80m in venture funding
Fetch Rewards has raised $131m since 2013.
West Bromwich Building Society launches mobile app with Unisys
West Brom to deploy Elevate system underpinning new customer services.
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.
Danish digital bank Lunar picks FIS for treasury and risk
Lunar to deploy a cloud-based version of Ambut Quantum.
Advanzia Bank signs Backbase to power three new mobile apps
The new applications have gone live across France, Austria, and Spain.
Investing as magic discovered
A new investment app that aims to truly change the way you are used to thinking of things.
New challenger Klear emerges in India
Klear promises an “approachable and easy” way to understand financial health.
Be Money rebrands as Daylight in preparation for US launch
Daylight promises a range of LGBTQ+ services to support its customers.
Starling Bank claims to be UK’s first profitable challenger bank
CEO Anne Boden announced £800,000 profit in a company update.
Former UniCredit execs launch Aidexa to service Italian SMEs
The bank aims to win over some of the seven million small businesses in Italy.
Neobank Mercury aims to serve US start-up scene
Founded in 2017, the bank has raised $26m so far.
Report: Three key strategies for customer experience success
In-depth industry report on customer experience, featuring expert insights from Mettle, HSBC & Northwestern Mutual.
Video: Top fintech stories this week – 13 November 2020
FinTech Futures’ weekly news round-up.
European Investment Bank invests $80m in Lithuania’s SME Finance
The firm is charged with backing Baltic enterprises through the COVID-19 pandemic.
Grab leads $100m investment in Indonesian e-wallet LinkAja
Singaporean fintech begins investment project in Indonesia.
Nigerian challenger bank Kuda raises $10m in seed funding
Kuda completes the largest seed round in Africa.
Brazilian malware Ghimob targets 153 financial apps
Kaspersky researchers believe the malware is ready for a world tour.
Three new security strategies for financial services "Continuous compliance remains a challenge because many organ… twitter.com/i/web/status/1…
The end-to-end benefits of cloud-first transformation "Traditional reluctance about moving to cloud is disappearin… twitter.com/i/web/status/1…
The five p’s of banking "Banks have relied on the “five p’s” – people, physical cash, premises, processes and pape… twitter.com/i/web/status/1…
Female-led tax reporting fintech @KAWatsonConsult takes tech into own hands fintechfutures.com/2021/01/female…
Raiffeisen Bank International [@RBI_Presse] invests in a Romanian start-up Finqware, [@FINQware] which is driving o… twitter.com/i/web/status/1…
Tom Blomfield [@t_blom] exits @monzo and opens up about mental health during COVID-19 fintechfutures.com/2021/01/tom-bl…
Spectrum Equity invests $51m in OTC firm Quantile Technologies fintechfutures.com/2021/01/spectr…
.@SimCorp SFTR solution goes live at Denmark’s ATP fintechfutures.com/2021/01/simcor…