Video: fintech news pick of the week – Nubank raises $750m; Goldman Sachs partners with Visa
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Plenty of funding rounds to get your teeth into this week.
The US-based firm will also become the largest shareholder in the company.
The Start Path programme aims to support traditionally underrepresented fintech founders.
The bank says it strengthens “essential links” in its credit value chain.
The bank will offer the services of Fusion Risk modules to its compatriots.
The firm has now raised $91 million in total.
This latest funding round brings the firm’s total capital raised to over $320 million.
The BNPL firm claims it is now valued at $45.6 billion.
The Spanish bank says digital changes and new competitors have forced its hand.
The app features a number of tools to help aspiring homeowners save up for a deposit.
The Australian bank selected Temenos in March 2020.
White replaces Galileo founder Clay Wilkes who will switch to vice chair.
Unobank aims to bridge the financial inclusion gap in its home country.
The US-based fintech also announced the acquisition of Zingo, a fintech software services start-up.
The partnership aims to streamline the bank’s existing systems for both commercial and corporate clients.
Commercial bank to deploy its new platform on the cloud.
The two parties claim the deal will be finalised later this year.
The three-judge panel said NYDFS failed to show it had suffered “actual or imminent injury”.
Cashfree claims to process more than $20 billion annually.
The transaction is expected to close early in the third quarter of 2021.
Kamran Haidari joins as CTO and Braulio Lam will lead product innovation as CPO.
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
The Brazilian digital bank’s Series G funding round has now topped $1.15 billion.
The deal sees ID R&D shareholders receiving $49 million in Mitek stock and cash.
The identity verification firm has now raised $474m in total.
Klarna boss Sebastian Siemiatkowski says: “It’s more likely that Klarna will list in the US.”
AFG picks up an 8% stake in Volt as part of the deal.
Funds from the raise will be used to support Wayflyer’s product development and international expansion.
The US-based service is available in the UK and Spain and expects to launch in more European countries soon.
Featuring Wefox, Bought by Many, Chipper Cash, YieldStreet, and Kushki.
The user says Afterpay doesn’t educate customers about the bank’s overdraft fees
The company claims the funds will allow it to meet “significant global demand”.
The bank aims to comply with new regulatory mandates.
Newly-branded digital bank seeks to capitalise on recent success with new platform.
Deal forms part of the US bank’s multi-cloud strategy.
Arun Mani joins Pleo after a successful spell at software company Freshworks.
The investments are part of its $535 million commitment to those without access to banking.
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
A quick summary of this week’s smaller funding rounds.