NorthOne bags $67m in Series B funding round
The new capital takes NorthOne’s total funding raised to date to more than $90 million.
Mobile
Cleo names Anita Woods as new VP of product
In her new role, Woods will be responsible for leading Cleo’s product strategy.
Tink and Snoop team up to help UK customers navigate cost-of-living crisis
“This partnership is designed to help everyone get on top of their finances,” the two firms say.
Teen financial platform Step lands $300m in debt funding
The new funding brings the total capital raised by Step to $500 million in equity and debt.
Digital receipts start-up Flux closing down
Flux says that from 14 October, they “will no longer be able to receive digital receipts or cashback offers”.
Prudential and Google Cloud team for health and financial inclusion in Asia and Africa
Prudential will leverage Google Cloud for its flagship health and wealth platform, Pulse.
UK fintech GoHenry lands $55m in fresh funding round
Existing investors Edison Partners and Revaia took part with Italian paytech Nexi joining in as a new investor.
Santander UK launches in-app service to help customers manage their home
The new service allows users to view home value estimates, mortgage balance, EPC ratings and make home repairs.
Sibos 2022: Breaking new ground – banking in the metaverse
“If you’re going to be in the metaverse, it starts with a purpose,” Accenture’s Michael Abbott explains.
Singaporean fintech start-up JiPay shutters
According to Crunchbase, the company raised $1.3 million in seed funding in March.
Nymbus and Saint Louis Bank partner to launch banking service for lawyers
The new banking brand will focus on the law firms and legal community in the US Midwest.
LatAm paytech Kushki acquires Mexico’s Billpocket
Kushki says Billpocket will help it grow its paytech business threefold in Mexico.
State Bank of Pakistan stops fintech start-up Tag’s operations
The central bank says it has taken this decision to “protect the interest of the public at large”.
Family-focused financial wellness app Fr33m3n gears up for launch
The app will offer financial literacy programmes such as lectures, tutorials, podcasts and webinars.
Banking Technology Magazine October 2022 issue out now
Cover story: INVESTING IN THE FUTURE – Putting money in the right places.
Uber partners Mastercard, Marqeta to launch new card offering for drivers
The Uber Pro Card will help its drivers save on fuel, fees and other associated expenses.
Europe fintech funding round-up: Plum, NoFrixion, Currensea and Finteum
Our weekly round-up for you to get the latest fintech funding news from around the UK and Europe.
US fintech funding round-up: Bridge Money, Involio and Amplify
A handy round-up of the recent funding endeavours of fintech companies across the US.
European community fintech 11Onze launches SME banking app
11Onze chair James Sène says SMEs are “the lifeblood of our communities and global economies”.
Report: Banks and the digital payments revolution
Global research by Visa reveals how banks can prosper amid the disruption.
Dubai-based fintech YAP in talks to raise further $20m
If completed, the new funds will take the firm’s total Series A raise to $61 million.
Finalists announced for Banking Tech Awards 2022
Congratulations to the 2022 finalists!
Welsh neobank Banc Cambria gearing up for launch next year
Banc Cambria is understood to be targeting a 2023 launch and hopes to reverse the tide of bank branch closures.
Two new fintech start-ups in Turkey – Lidsi and Turan
Lidsi is a savings app launching in January 2023, and Turan is an all-encompassing financial application.
Arab Jordan Investment Bank taps Codebase for digital onboarding tech
The bank will deploy Codebase’s Digibanc platform.
SinoPac modernises retail banking tech front-to-back office with Temenos
SinoPac, one of Taiwan’s largest banks, is implementing Temenos’ digital banking solutions.
Apiture partners Newtek to provide digital banking services to businesses
The Apiture Digital Banking Platform will provide business banking and account opening solutions.
FinTech Futures: Top five stories of the week – 30 September 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
SEC fines 16 Wall Street firms $1.1bn for recordkeeping failures
For more than three years employees routinely used messaging apps on their devices to discuss business matters.
Mobile payments service Paym to shutter in 2023
Pay.UK will wind down Paym after declining payment volumes and fewer signups over the past three years.
ICYMI fintech funding round-up: KPay, InstaPay, Frost and more
Our weekly fintech round-up for you to get the latest funding news from around the world.
Revolut can offer crypto asset services after FCA AML registration
Revolut, an authorised EMI since 2018, was added to the Financial Services Register on 26 September.
New challenger bank in India for young professionals – Shelf
Shelf was recently accepted into start-up accelerator Y Combinator’s Summer 2022 batch.
New “hybrid” banking app Dexy gears up for launch in the US
Founded this year and based in Miami, Florida, Dexy is currently waitlisting applicants.
Satispay hits unicorn status with €320m Series D round
It aims to use the new funds to boost growth and support international expansion.
Banking app for “global citizens” Bankkit launches in UK
The app offers overseas bill payment functionality and an integrated current account.
Payoneer appoints Assaf Ronen as its new chief platform officer
In his new role, Ronen will lead Payoneer’s newly created platform division.
Stash goes live with self-built core banking system Stash Core
Stash partnered with Stride Bank, Mastercard, Marqeta, Mambu and Alloy, among others, to develop Stash Core.
New family banking app Verity launches in MENA region
Verity aims to help children develop their personal finance skills.
Revolut falls victim to “highly targeted” cyber-attack
In an e-mail to affected customers, Revolut says some individuals may be vulnerable to fraud and phishing attacks.
FinTech Futures: Top five stories of the week – 25 November 2022 Here’s our pick of five of the top news stories f… twitter.com/i/web/status/1…
US SME banking platform @Novo_HQ bags $35m in Series B extension Novo, a Florida-based banking start-up offering s… twitter.com/i/web/status/1…
In Case You Missed It (ICYMI) fintech funding round-up: Atoa, Djamo, Flourish, Hardbacon & Nine25 fintechfutures.com/2022/11/icymi-…
Atom Bank lands £30m funding to boost lending and fuel growth UK challenger @atom_bank has raised £30 million from… twitter.com/i/web/status/1…
.@Citi Commercial Bank has been selected as a finalist in the Best Digital Initiative USA category for their projec… twitter.com/i/web/status/1…
.@AionBank and @efigence have been selected as a finalist in the Best Mobile Initiative - New Bank/Brand category a… twitter.com/i/web/status/1…
Changpeng Zhao, @FTX_Official and ‘cryptogeddon’ The FTX debacle has shaken the world of crypto. In years to come… twitter.com/i/web/status/1…
Thailand and Vietnam launch QR code cross-border payments link The payments link between the two nations is design… twitter.com/i/web/status/1…