Top fintech stories this week – 21 June 2019
From JP Morgan’s secret UK digital bank project to MoneyGram and Ripple’s partnership.
From JP Morgan’s secret UK digital bank project to MoneyGram and Ripple’s partnership.
It will use the funds to build on its TokenOS open banking platform.
The strategic partnership will have an initial term of two years.
15 early-stage, pre-Series A start-ups from both fintech and healthtech will be selected for the program
The company has raised a total of $110 million to date.
This week, we look at the FCA’s new rules, SoftBank’s investment, and the World Bank’s new tech.
Standard Chartered, MUFG and other existing investors participated in the round.
The funds will enable the company to scale-up its business.
The company wants to target health and safety-related markets.
The fintech has grown by more than 400% in 12 months.
The cybersecurity firm has raised a further $300 million.
This week, news about JP Morgan’s Chase, Visa, and more!
The round hit its target in less than 72 hours.
The San Francisco-based start-up expects integrations with Visa and MasterCard.
The platform aims to make investment available to everyone, not just high net-worth investors.
Challenger for teens’ waiting list has surpassed half a million people.
The amount of the extension remains undisclosed.
Blockchain can have an exponential positive impact on the lives of low income communities in Africa.
The investment will fund product development and global expansion.
News on CIBC, NAB and Bank Leumi alliance, SoFi funding and more!
The investment from PayPal adds $11.2 million to Tink’s capital.
The app will provide eBay small business customers with a simple cash flow loan when they need it.
Balancing societal and investor wealth appeals to customers in the age of climate change and political awareness.
The first Amadeus event on payments, a new Indonesian payment standard, and more!
And appoints new CMO.
SoFi’s total capital now stands at $2.3 billion.
Aims to revolutionise receivables market for SMEs.
Property risk management platform has raised $10 million to date.
Allianz X led the investment round.
Offers a combination of debit and credit card.
TransferWise just became even bigger, Nuvei Bidco acquires SafeCharge, and more!
The fintech collapsed after a sale to RBS fell through.
This puts the company’s valuation at nearly $2 billion.
The Series B round brings the Ann Arbor, Michigan-based fintech’s total capital to $60 million.
HSBC uses CloudBees Core platform for its software delivery system.
Fintech investments, and how Brits use fintech services!
The names of the banks have not been disclosed.
This brings OpenFin’s total funding to $40m.
Tealium’s AudienceStream platform connects customer data in one place.
SoftBank’s big investment, as well as BCR’s pool B… and more!