American Express looks to buy US fintech lender Kabbage
Kabbage was last valued at more than $1 billion.
Business-to-Business/B2B
Dosh powers PayPal’s Venmo and US challenger Jelli
The fintech says it will soon have 60 million indirect users.
Banking offering for landlords Zibo lands $10.5m
Zibo is a fintech for the “underserved landlord”.
Business banking challenger Wise launches premium account in US
The Californian challenger piggy backs off BBVA.
Fintech funding rebounds in Q2 but deal numbers continue to fall
VC-backed fintech deals dived from 452 in Q1 to 397 in Q2.
Financial comparison marketplace Crediverso to launch in US for Latinos
Currently in beta, the 2019-founded start-up is yet to go live.
Money20/20 finally calls off Europe and US shows
It specifically cites the friction with regards to travel and COVID-19 developments.
Galileo integrates with Plaid to simplify ACH transfers
The integration will streamline the initiation of ACH transfers.
Thought Machine taps US market with North America MD job search
Cloud adoption in North America amongst major banks is still in its infancy.
Volante lands $35m, its first capital raise in two decades
The firm wants to turbocharge its offering, customer base and geographical presence.
Deposit grower Mantl raises $19m in extended Series A
The fresh capital adds to an extended $11 million Series A raise.
US national banks granted authority to hold crypto for customers
US banks and federal savings associations can offer cryptocurrency custodial services.
Morgan Stanley publishes greenhouse gas emissions on loans & investments
The bank is joining the Partnership for Carbon Accounting Financials.
Disposable card issuer Privacy.com lands $10.2m
The start-up has issued around five million virtual card numbers.
Bond bags $32m from Coatue, Goldman Sachs and Mastercard
Bond’s offering is based on “developer-focused” applications.
Webinar: Streamlining manual processes amid COVID-19
Experts from Banco Santander, Foxit Software and Xendoo discuss digitising paperwork during the coronavirus crisis.
LemonTree Software aims to disrupt back and middle-office systems
Its CCO speaks to FinTech Futures about the firm’s one-platform and auto-code approach.
Real-time payments: driving future innovation in the US
The maturing RTP infrastructure is a catalyst for wider payments transformation initiatives.
Canadian data aggregator Flinks lands $11.8m led by NAventures
The fintech is moving into wealth and expanding to the US.
ChannelMeter raises $4m for content creator banking service
The start-up is launching its new service ‘Creator Cash’ this month.
Capitolis lands former Microsoft Azure director as CPO
Rahul Auradkar spent more than 12 years at Microsoft.
ScaleFactor winds down after COVID-19 cripples sales
The start-up raised $100 million between July 2018 and August 2019.
P2P payments app Chipper Cash lands $13.8m
The San Francisco-based start-up operates across seven African countries.
Cloud banking provider nCino files for IPO in US
nCino plans to raise $100 million in its IPO.
Payfone identity verification firm lands $100m
The firm uses mobile data to create a “trust score”.
Designing the digital services that US SMBs deserve
They’re also intrinsically linked to the powerful notions of freedom and the American Dream.
UK regulator probes Visa’s acquisition of Plaid
The UK’s CMA is looking into potential anti-competitive implications.
IBM returns to M&A market with cloud acquisition
The acquisition is IBM’s first since its $34bn buyout of Red Hat in 2018.
What does survival of the fittest mean for fintechs in a post-COVID-19 world?
COVID-19 has already led to a shift in mindset for many businesses.
Canadian and Taiwanese regulators sign fintech sandbox agreement
The regulators will build a “referral mechanism” between their fintech sandboxes.
Stripe adds Bacs Direct Debit to compete with UK rivals
Stripe will directly compete with UK home market player GoCardless.
Managing compliance in an age of innovation
Dell Technologies and World Wide Technology discuss the technology challenges facing FIs.
Libra’s Second Wind
Some say slow progress of blockchain adoption is not just because of regulatory hurdles.
Tink lands second strategic investment from PayPal
As part of the deal Tink will cover all countries in EEA for PayPal.
Goldman Sachs says crypto is “not a suitable investment” on invite-only call
Bitcoin reclaimed its $10,000 territory on Monday.
Financial text message platform Stackin’ lands $12.6m
The fintech says it has more than one million subscribers in just one year.
Transact Bank partners with telehealth start-up Hopdoc
Transact Bank’s parent company Transact Pro will facilitate the payments.
Mambu snaps up MD for North America arm from Finastra
Johanna Pugh spent four years at core banking provider Finastra.
Credit fintech Curu lands $3m in seed funding
The start-up offers an integrated SaaS product for lenders.
Canadian data start-up Cinchy lands $10m Series A
The start-up helps banks avoid the security risk of replicating data.
