Regtech: watching personal mobile devices in financial services, but why?
The best policy is one which works. Soft policies, by their very nature, do not work as intended.
Financial Services/Finserv
Fintech funding deals globally 22-28 February 2021
Featuring Chargebee, Tyme, TypTap Insurance, Anchorage, and Earnix.
Thasunda Brown Duckett leaves JP Morgan Chase for TIAA
Duckett replaces the retiring Roger Ferguson.
Robinhood pushes on with IPO plans despite facing 49 GameStop lawsuits
Robinhood has held talks with underwriters about filing “within weeks”.
Brex raising at $8bn valuation following banking licence application
Tiger Global Management is reportedly backing the round.
Video: Top fintech stories this week – 26 February 2021
FinTech Futures’ weekly news round-up.
ICYMI funding round-up: Zolve, Symple Loans, Butn, FunGuard & more
We highlight a series of funding rounds that may have passed you by.
US credit builder Petal closes $125m debt facility
Petal has closed $440 million in debt and raised $100 million in equity.
Banking Tech Awards 2020 Winner: AFS – COVID-19 Response by Fintech
An innovative approach to urgently find solution to accommodate the US government’s Payroll Protection Program.
What the Fintech? | S.2 Episode 5 | Rising to the top
Featuring Alexandra Boyle, head of strategic client group for Europe at OpenFin.
Report: The power of data analytics in fintech solutions
A deep-dive industry report focused on the priorities and use of data analytics at financial institutions.
Western Alliance Bank splashes $1bn on mortgage firm AmeriHome
Arizona bank diversifies its book by branching into mortgages.
US fintech for gamers Zytara signs payments partnership with i2c
The deal follows Zytara’s launching of its own stablecoin.
You called me
How a company treats you through the recruitment process tells you everything you need to know about its culture.
US corporate card provider Brex applies for banking licence in Utah
SVB’s former chief digital officer Bruce Wallace will head up Brex Bank.
Fintech funding round-up: SeedFi, Libeo, Ember and Finch Capital
A round-up of some of the recent investments in fintech, paytech and tax tech firms.
NBA star Russel Westbrook leads $63m investment in Varo Bank
Westbrook also joins the bank as an advisor on communities of colour.
UK Black-owned challenger Atmen to launch in March
The start-up is now looking to raise £5 million from institutional investors.
Banking Tech Awards 2020 Winner: UBS – Best Use of Cloud
How UBS’s innovative hub helped 60,000 work remotely with virtually no downtime during the pandemic.
B2B financial software marketplaces: the bridge to market transformation
B2B financial software marketplaces connect players across the breadth of an industry.
Video: Top fintech stories this week – 19 February 2021
FinTech Futures’ weekly news round-up.
Stripe valuation rises to $115bn according to investors
The $115 billion figure is more than threefold its $36 billion valuation.
GameStop trader Deep F—ing Value, a licensed broker, sued for “fake persona”
The lawsuit accuses Gill of “deceitful and manipulative conduct”.
Marqeta files for IPO with SEC targeting $10bn valuation
The fintech’s current valuation sits at $4.3 billion.
Jamaica Co-operative Credit Union League picks ERI for core banking
25-member group to replace legacy tech with ERI’s Olympic.
Baptist Health Federal Credit Union picks Finastra system
Healthcare-supporting FCU revamps digital channels.
FinTech Futures presents Dock – a virtual roundtable experience
Take part in Dock on 18-19 May to discuss the industry’s pertinent problems and find the solutions.
FDIC appoints Neocova’s Sultan Meghji as first chief innovation officer
The US agency is aiming to boost innovation among banks and credit unions.
One size fits all
Whatever your reasons for tolerating bad behaviour, that defines you. More than anything else.
Banking Tech Awards 2020 Winners Supplement out now
Showcasing the most impactful and innovative projects, products, services and people in fintech in 2020.
Personetics raises $75m from Warburg Pincus
Data analytics and customer engagement firm plans expansion with new funding.
Jeremy Balkin calls time on HSBC US innovation role
Balkin leaves his post after six years with the bank.
Three things banks must do to thrive in 2021
It is the banks who invest now and execute effectively, that will come out on top.
The US market: are EU-based challengers coming to rustle up some feathers?
A deep dive and step-by-step comparison of US banks’ and EU challengers’ capabilities.
Robinhood backer Tiger Global leads $200m investment in rival Public.com
Public.com – as on 1 February – decided to stop making profits from payment for order flows.
MoneyLion set to go public via $2.9bn Spac deal
The fintech anticipates year-over-year growth of around 88%.
Reimagining the financial system with tokenised barter
Modern blockchain powered barter systems will change the way we view accessing, growing, and owning wealth.
Fintech funding deals globally 8-14 February 2021
Featuring Fraction, BharatPe, Agibank, Monzo, and Coinsquare.
US Faster Payments Council report shows state of US payments
It provides a true illustration and understanding of how funds move on the networks.
Monzo appoints Carol Kobuke Nelson as new US president and CEO
Nelson spent 23 years at Bank of America.
