Video: Top fintech stories this week – 26 February 2021
FinTech Futures’ weekly news round-up.
FinTech Futures’ weekly news round-up.
We highlight a series of funding rounds that may have passed you by.
Petal has closed $440 million in debt and raised $100 million in equity.
Both Fedwire and FedDACH went down this week, and remained so for a few hours.
Featuring Alexandra Boyle, head of strategic client group for Europe at OpenFin.
A deep-dive industry report focused on the priorities and use of data analytics at financial institutions.
Subway claims it is one of the first in North America to standardise payments on this scale.
Arizona bank diversifies its book by branching into mortgages.
The deal follows Zytara’s launching of its own stablecoin.
Asia delivered HSBC a $13 billion adjusted profit before tax in 2020.
SVB’s former chief digital officer Bruce Wallace will head up Brex Bank.
A round-up of some of the recent investments in fintech, paytech and tax tech firms.
Westbrook also joins the bank as an advisor on communities of colour.
The start-up is now looking to raise £5 million from institutional investors.
FinTech Futures’ weekly news round-up.
The $115 billion figure is more than threefold its $36 billion valuation.
The lawsuit accuses Gill of “deceitful and manipulative conduct”.
Featuring Stuart Smith, head of regional engagement and UX design at UOB’s TMRW Digital Bank.
The fintech’s current valuation sits at $4.3 billion.
25-member group to replace legacy tech with ERI’s Olympic.
Healthcare-supporting FCU revamps digital channels.
Take part in Dock on 18-19 May to discuss the industry’s pertinent problems and find the solutions.
The US agency is aiming to boost innovation among banks and credit unions.
Showcasing the most impactful and innovative projects, products, services and people in fintech in 2020.
Data analytics and customer engagement firm plans expansion with new funding.
Balkin leaves his post after six years with the bank.
Public.com – as on 1 February – decided to stop making profits from payment for order flows.
The fintech anticipates year-over-year growth of around 88%.
Featuring Fraction, BharatPe, Agibank, Monzo, and Coinsquare.
SoLo brought in $12m, which includes a $2.8m seed round and a series of convertible notes.
It provides a true illustration and understanding of how funds move on the networks.
Nelson spent 23 years at Bank of America.
The bank cites “growing client demand for digital assets”.
Nymbus is gearing up to launch “Nymbus Labs”.
FinTech Futures’ weekly news round-up.
We round up some of the funding rounds that may have slipped you by.
ION Group has bought a handful of other firms to date.
Currently, the start-up makes money on partial interchange fees.
Southwestern US bank picked SilverLake after feedback from its peers.
The roaring 20s.