Nigerian challenger bank Kuda raises $10m in seed funding
Kuda completes the largest seed round in Africa.
Start-up
Brazil prepares launch of new regulatory sandbox
Country’s central bank wants “integrity, reliability, and security” from participants.
UK banks and challengers ranked: from on-boarding to app functionality
We use an analytics platform to figure out which UK banks are giving their customers the best service.
Allica CPO says incumbents and fintechs still neglect some SMEs
“The decline of branches is synonymous with decline of relationship banking,” says CPO.
FinTech Wales appoints IBM vet Sarah Williams-Gardener as CEO
Williams-Gardener is also a founding member of Starling Bank.
FCA joins cross-border fintech testing initiative
The UK regulator is one of 23 regulators taking part in the project.
UBS launches fintech investment portfolio UBS Next with $200m to burn
UBS’s new venture is aiming to invest across the fintech ecosystem.
FinTech Futures Jobs: tips on landing for a job in a fintech start-up
Interested in working in fintech but unsure about the kind of skills you need? FinTech Futures Jobs is here to help.
US challenger Bella plans launch around conversational banking
Bella offers a range of consumer-friendly options, including gifts and randomised cashback.
Yolt to launch Mastercard debit card through PPS partnership
Money management app takes a deeper step into the payments sphere.
Sustainable banking app Novus launches website and waiting list
The new app promises to help users lead a better lifestyle.
New US challenger Flyp targets excluded communities
The neobank aims to provide the same service as big banks without the fees.
Neobank Vybe plans 300,000 new customers in UK and France
Vybe’s CEO claims the challenger already has 950,000 people signed up and ready.
Money management fintech Yatta emerges in Dublin
Yatta promises to help users navigate the “complexities” of financial decision making.
Video: Top fintech stories this week – 23 October 2020
FinTech Futures’ weekly news round-up.
Video: Top fintech stories this week – 16 October 2020
FinTech Futures’ weekly news round-up.
Fronted joins Yobota’s first cohort of core banking clients
The fintech is just “a couple of months” away from going live on Yobota’s core banking platform.
Tide and GoCardless sign invoice-chasing payments partnership for SMEs
The two firms claim SMEs are suffering without timely invoice payment.
Former Barclays execs to launch challenger bank Pennyworth for UK’s “aspiring affluent”
The start-up promises impressive rates considering the current 0% interest climate.
Citi invests in markets software firm Genesis Global Technology
The undisclosed strategic injection sees Citi deploy some Genesis tech.
Sibos 2020: Future artist
I see growing companies. I see ambitious professionals. I see evolving stories.
Starling Bank launches online portal due to “customer demand”
Balance updates, standing order controls, and savings goals come as standard.
B-North raises £1m in ongoing Series A funding round
Manchester-based firm plans full launch for later this year.
Aussie start-up WeMoney raises $2m in seed funding
Financial health app plans to aid Australians in paying bills.
N26 snaps up ex-Dropbox exec Adrienne Gormley as new COO
New COO Gormley will head up N26’s global customer service.
Airwallex adds $40m to Series D round, hits $200m raised for 2020
Aussie-founded fintech plans to use cash to expand into new markets.
Old dogs, new tricks and procurement
It’s time for the banks to work together to standardise their onboarding processes and documentation for fintechs.
Trio of European start-ups raise fresh funding
Factris, KodyPay, and Swan all complete funding rounds this week.
What the Fintech? Episode 14 | In these VC streets
Martinez shares his insight on VC culture and the shift from Santander Innnoventures to Mauro Capital.
Angolan National Bank and Beta-i create fintech regulatory sandbox
The sandbox is set to open four batches, each composed of 10 selected projects.
FinovateFall 2020: Customer trust will test the new digital normal
Panel wonders if consumers will stick with digital solutions post-pandemic.
Glint launches P2P service months after takeover saga
The gold wallet has launched a new service amid claims of a string of record months.
Chip breaks crowdfunding records to raise £10m in 48 hours
6,420 investors participated in funding backed by the Future Fund.
Starling Bank announces account and CHAPS payment charges
The UK challenger announces new structure days after rival Monzo.
Robinhood faces SEC probe over deal disclosure
US brokerage unicorn in hot water over order flow dealings.
Viva Republica raises $173m for “one-stop” financial app
The tech company plans to diversify financial market in South Korea
FinovateFall Digital: Delivering concrete ROI during unprecedented times
The future of finance is digital. Free tickets to FinovateFall available!
ABN Amro partners with Techstars to create start-up accelerator
The collaboration will connect ABN Amro with Techstars’ global network.
UK savings app Chip plans Series A on back of 2020 growth
Chip has seen a 138% savings growth compared to 2019.
Nordic fintech Open Payments raises €3m in second seed round
The firm plans an EU expansion in 2021.
