Goldman leads LumApps $70m Series C funding
The French start-up hits $100m in total funding.
The French start-up hits $100m in total funding.
The bank sees a major reshuffle under new chief Alison Rose.
Fresh funding brings total investment in Trussle to £26.5m.
New York-based community bank wants to boost its commercial ops.
Twisto will be the first European customer to deploy Marqeta and Mastercard’s initiative.
The SME challenger bank says it’s the largest funding round ever for a French fintech.
Its partnership with Apple has taken some of the momentum away from Marcus.
Central banks in Canada, the UK, Japan, Switzerland, and Sweden are teaming up.
Vive aims to fully launch in the second quarter of 2020.
The challenger says the UK’s Muslim community has been “financially isolated”.
DBS’ QR-code based solution is powered by DBS Rapid and DBS Max.
Ten AI patent applications were submitted by RBC across 2019.
“A few dozen” customers had been charged with transactions they never made.
Singapore-based firm plans Middle East expansion with fresh cash.
The Philippines’ first digital bank selects its new core.
The UK financial watchdog has been severely criticised for its lack of oversight of several funds.
Consolidation is now becoming synonymous with standardisation – breeding competition.
EY estimates that around 7,000 positions would be relocated from London to Europe.
It’s one of the largest investments Spencer has made since selling Nex to the CME.
The bank says ‘OG’ stands for ‘on the go’.
Volt plans for $50 million Series D round with British and Middle Eastern investors.
Tencent-backed funding to be used to avoid “costly mistakes”.
Remittance fintech looks internally for C-level replacements.
Swedish open banking firm brings funding total close to the $200m mark
Johannes Sulzberger, outgoing CEO, will remain on the board as a non-exec director.
The number doubled in the last six months.
The fintech is testing the digital wallet with 10,000 customers.
The unusual decision points to the bank’s newly-placed importance on fintech.
The new portal will process front and back-office transactions.
New and existing “high quality” institutional investors took part.
$380.5m is for breach compensation, and $1 bn for information security overhaul.
FinTech Future’s weekly news round-up.
iStox claims to offer one-stop issuance, custody and trading of digitised securities.
Giancarlo wants to “catalyze a digital, tokenised US currency”.
Another win for Oracle in Africa with Atlantic Financial Group.
Nymbus to underpin West Massachusetts’ largest community bank.
Alior Bank, BNP Paribas and PKO Bank Polski have all invested.
The FCA and Bank of England tell industry the time to act is now.
The valuation is nearly three times its last estimated valuation of $1.7 billion.
Names, addresses and bank balances may have been accessed in the breach.