Whether you’re a small family-run business testing out a few markets or a large multi-national enterprise with well-established overseas operations, you’ll agree – receiving money
As businesses pivot quickly to functioning in our new world, we’ve been assessing which services can be delivered seamlessly through virtual channels. Whether it’s virtual
This article is centered around John F Kennedy’s quote “The best time to repair the roof is when the sun is shining” and discusses how
This thought leadership pieces explores the different approaches to Open Finance across different markets that are geographically far from each other. It also outlines how
This week in funding: all across the funding landscape we saw interesting deals taking place - with credit and security providers taking home the highest
The European Commission has announced an enquiry into practices employed by tech giant Apple’s behaviour on its payments platform Apple Pay. A preliminary investigation determined
Cryptocurrencies have demonstrated that they are not a futuristic statement anymore. With over 17 million Bitcoins in circulation today, cryptos are ambitious and are being accepted internationally as payment methods for
For banks to succeed with a growing base of corporate clients they have to be ready for the complexity of different compliance rules, new protocols
As banking increasingly becomes a technology play, the usage of internal and external application programming interfaces (APIs) is surging. That’s why API management platforms are
This article was originally published in the Economic Times About Author: Yogesh Sangle is the Global Head of Consumer and SME Business at Nium, a
The last two weeks have dramatically increased the number of executives talking on video chat and collaboration channels like Teams and Zoom. We know that
On Friday morning of the 12th of June, we sat down with Eugenie Casier, Director of Funding Options Netherlands, to discuss the recent news from
Insurance Fintech Lemonade has filed with the SEC for an IPO, seeking to raise 100 Million USD. The provider aims to trade under the ticker
Banks are often seen as benchmarks for other industries because of their high levels of regulation and compliance burdens as central pillars of our economic
This World Bank blog series explores how alternative finance lenders can capitalise on fintech to help reach more vulnerable groups. Marketplace lenders and crowdsourcing platforms
It appears that despite everything going on - Fintech is still the dominating force in the UK startup scene, raising $5.4 billion until the end
This series of interviews and expose’s led by fortune.com shows some very urgent and hard facts of racial issues across financial sectors, with many different
This thought piece explores one element that seems to be lacking from a lot of B2B marketing efforts - empathy. It argues that an empathetic
With Africa set to receive $50 billion USD towards economic recovery over the next 15 months, primarily from the World Bank, the way the market
Popular money transfer service Transferwise, which recently launched account services in multiple currencies has announced that it now holds 2 billion GBP in deposits. This
Vivid Money is a mobile banking startup spinoff owned by russian Tinkoff Bank - and will soon be launching in Germany based on a partnership
Stepping into the financial literacy and education space, core banking platform Thought Machine has partnered up with app developer glitchers to produce a gamified money
When it was launched in 2018, Goldman Sach’s retail saving provider Marcus offered an industry beating 1.5% interest rate, which has slowly been staggered down
Buy now pay later unicorn Klarna has partnered with succesful platform Raisin to expand it’s offering in the German market. This partnership allows Klarna customers
Global banking giant Deutsche Bank has announced that it will merge it’s wealth management and private&commercial business units in to a new International Private Bank.
The Dutch startup Cobase came into the limelight back in late 2018 when it bagged an investment of €7.5 million from ING Ventures. The company
Wahed Invest, a New York-based fintech startup that describes itself as the world’s first halal robo adviser, announced today that it has raised $25 million
Dubai-based FinTech startup – Tabby, announced the raise of $7 (~€6.1) million. The funding will be used for the growth of the ‘Buy Now Pay Later
“Neptune Networks, the fixed income pre-trade market utility, has closed a capital raise of more than $15 (~€13.2) million from existing shareholders across two-tranches.” -
French startup iBanFirst has raised a $ 23.8 million (~€ 21 million) series round from the Large Venture Fund of Elaia and Bpifence. Previous investors
The firm’s technology connects the internal systems of small businesses to banks, fintechs and other financial institutions, allowing business data to flow back and forth
The World Retail Banking Report 2020 from Capgemini and Efma explores how retail banks are facing pressure to transform, as new entrants focused on customer
We missed this one last week, but remains interesting to highlight. Statista has created a landing page with loads of COVID-19 statistics, the impact on
This insight highlights some of the potential future unicorns. Enterprise/big data tools dominate: 30% of companies on this year’s list work on enterprise or big
Forbes partnered with Statista to survey more than 40,000 customers for their opinions on their current and former banking relationships. The banks were rated on
As the broader economy shifts its COVID-19 attitude from “respond” to “recover”, new opportunities may be created for some fintechs. A key question is how
This report shows that investors continue to back some of the UK’s most promising tech teams, despite the challenges posed by Covid-19. The report’s findings
Non-Financial Reporting (NFR) is slowly but gradually becoming mainstream, particularly when it comes to green or sustainable activities. It all began with the Kyoto Protocol in 1997
Report was originally posted here
As businesses globally adjust to the current uncertainty, marketers need to remain agile and open to changing tact quickly. What worked and was appropriate yesterday,
On this week’s episode Taneia catches up with Sanjiv Razdan, Global Head-Commercial Payments, Nium to talk about BizPay, a solution that helps small businesses convert
StoryPositive’s MD, Toby Corballis, recently gave a Webinar to members of The Financial Services Clud, entitled: Leadership In Financial & Technical Firms In A Time
The payments industry is experiencing tremendous growth, while at the same time changing rapidly and becoming more complex. There are many factors contributing to the
Gartner Peer Insights recognizes the vendors that are the most highly rated by their customers through the Customers’ Choice distinction | Find the Full Report
“Vesta, a Lake Oswego, Ore.-based provider of fraud protection and fully guaranteed payment technologies, secured $125m in growth capital. Private equity firm Goldfinch Partners made the investment. The
France’s prudential control authority and New York’s state department of Financial services have announced a MoU to ease entry for bilateral fintech’s hoping to scale
This piece argues that before the COVID-19 pandemic, the amount of funding being poured into fintech as well as the changing of the guard at
The Digital transformation Agency is charged with completing Australia’s digital identity system, with the goal to allow citizens to access a range of identity sensitive
This opinion piece underlines the role of women and diversity in fintech, arguing that their participation is crucial to the economic recovery post COVID-19. This
Take a few minutes to learn how different actors are balancing two key aspects of success in the future: the use of tech paired with
This thought piece explores the similarities between the financial crisis of 2008 and the current covid-19 pandemic in how they helped to shape the fintech
Recent research commissioned by software provider Encompass shows that business consistently feel underserved by their banks, to the tune of 41% of them in the
“The Stockholm based open banking platform Tink raised €90 million in funding, back in January this year. The company again received investment from PayPal and
“Lili, which works to provide online banking services for freelancers, notched $10 (~€8.8) million in a seed funding round led by Group 11, according to a
“Lithuania-based know your customer (KYC) solutions provider Ondato develops remote KYC and compliance solutions that help in identifying private individuals and legal entities, review data
“Cutover, a cloud-enabled work orchestration and observability platform, enabling organisations to innovate at pace with operational resilience, announced today that Barclays has joined Index Ventures
Barcelona’s Fintech firm Belvo has secured $10 (~€8.8) million in capital, in order to recruit between 40-50 new project developers. Belvo is also planning to
“Mobile banking startup Varo Money has raised an additional $241 (~€212) million in Series D funding, the company announced today. The investment was co-led by
UK based digital money transfer provider WorldRemit has partnered with payments and authentication providers Onfido - to further automate its KYC process. This new technology
Oaknorth, the succesful UK challenger bank has issued a stern warning by its CEO Rishi Kosala. The CEO warned that ““If you look at the
Grab - the booming south east asian ride hailing app has forged ahead with it’s grabpay solution and launched in the Philippines. The Grab Pay
PayPal has announced a second strategic investment in Open Banking solutions provider Tink, making Tink solutions available across all EEA countries in order to better
Airwallex, the Hong Kong based fintech has entered the market for a new payment acceptance service. Airwallex has partnered with WeChat Pay, and will be
Despite being largely confined to the Mexico and Brazil region, challenger Bank Nubank has reached a milestone of 25 million customers. After being founded in
Overview of fintech financing activity in May 2020. Though deal activity was higher compared to April, it was slower compared to previous months. Read more
In the first five months of 2020, crypto thefts, hacks, and frauds totaled $1.36 billion, suggesting 2020 could see the second-highest value in crypto crimes
11:FS and Plaid have joined forces to examine the transformative impact open finance could have on the competitive landscape and how it may influence the
This report highlights the most common checkout issues, after analysing the top 450 e-commerce websites across Europe. 57% of European checkouts analysed had at least
In this brief, CBInsights looks at the short-term and long-term effects of Covid-19 on five parts of the fintech ecosystem: Payments, Insurance, Banking & Lending,
In IT services, the explicit demand of the customer often entails an implicit desire. To provide the optimal answer to this unspoken need, the business objectives
Here it is. The follow-up to our first 2020 survey report is out, this time zooming in on the money behind the open banking opportunity.
Banking Circle study of online SME merchants reveals banking gaps that Payments businesses can fill www.bankingcircle.com London, 27th May 2020 – Europe-wide research commissioned by
When money is spoken of as being as old as human civilisation, we’re really talking about gold. Ever since man discovered gold, it has been
There’s never been a week like the one that just ended – and there’s never been one like the one that is just beginning. No one
As startup funding dries up, what can founders do to stretch their dollars and ride out the drought? On this week’s episode, Taneia turns to
Fintech Fridays: All about payments! This week saw lots of increased activity in the payments space as regulators and market players are struggling to keep
The investment firm is launching Global Technical Realty, in order to develop and build data centers across europe, primarily servicing large tech firms. At least,
“Digital banking vendor Meniga has closed an €8.5m funding round led by customers Groupe BPCE, and including Portugal’s Grupo Crédito Agrícola and UniCredit.” -
“Dutch fintech startup Floryn, an online lending market for small and medium-sized enterprises, has raised €9 million from Endeit Capital, supported by existing investors such
“Advised by Fintech investment bank FT Partners, Marqeta has raised $150 million at a valuation of $4.3 billion vaulting the company higher in the ranks
“Starling Bank, the U.K.-based challenger bank founded by banking veteran Anne Boden, has raised an additional £40 million in funding, TechCrunch has learned.” -
“Stackin’ has raised a $12.6 million Series B funding round led by Octopus Ventures, according to a company release” - Read more here - Round
Raking in $17 million in its latest fund raising, GoBear will be looking to build up a “full-fledged financial services platform” and tap an estimated
The European Banking Authority (EBA) published a preliminary assessment of the impact of COVID-19 on the EU banking sector. The following conclusions were drawn: (1)
Slowly but surely banks around the world are starting to adopt open banking practices. Naturally, the advent of open APIs in which banks would share
When we look at the rapid shift in digital transaction volumes and the move to near real-time everything, instant payments are often overlooked. Why? this
Automation is also hitting payments - leading to payments ops teams facing challenges that they might not have in the past. Automated Clearing Houses tend
As startups start to mature, and products and technologies that were previously cutting edge become more commonplace, their applicability and use potentail needs to be
In this piece, Industry thought leader Ron Shevlin speaks to us about the ethos and pathos of the current fintech craze and how we must
This latest research from analysies payment trends during the lockdown and predicts payment trends for the future. The study indicates that as many as 40,000
A striking visualization, updated for 2020 to show all global debt, wealth, money, and assets in - as the author states and we confirm -
StartupBlink works with a wide variety of governments, municipalities, and economic development corporations on the development, mapping, and benchmarking of their startup ecosystems. The StartupBlink
A white paper by CRM partners, where 300 Dutch consumers have been interviewed on the level of trust they have in financial service providers. The
Built for Mars his releasing a report series on the user experience with challenger banks (Billion dollar experiences). The first chapter detailed opening a bank
The report offers insights on Fintech adoption in the Hong Kong banking industry and its implications for the industry, markets and regulators. The survey for
A small selection of purchases across a few categories in the google store and stores affiliated with the g-pay system can now be completed using
Providing all the hot companies with the tools to start their online wallets and payments ecosystems makes services provider Marqeta a popular player - to
In a new and surprising digital bank offering, South Korean tech and consumer goods giant Samsung has launched its newest product - Samsung Money. The
France’s Authorité de la concurrence has opened dialogue through a series of public consultations into the fintech landscape, with a clear focus on the payments
Techstars alumn Airfox (Boston, USA) provides a digital wallet and aims to serve especially the underbanked population of Brazil, now also via the retail network
Whether you’re a small family-run business testing out a few markets or a large multi-national enterprise with well-established overseas operations, you’ll agree – receiving money
As businesses pivot quickly to functioning in our new world, we’ve been assessing which services can be delivered seamlessly through virtual channels. Whether it’s virtual
This article is centered around John F Kennedy’s quote “The best time to repair the roof is when the sun is shining” and discusses how
This thought leadership pieces explores the different approaches to Open Finance across different markets that are geographically far from each other. It also outlines how
This week in funding: all across the funding landscape we saw interesting deals taking place - with credit and security providers taking home the highest
The European Commission has announced an enquiry into practices employed by tech giant Apple’s behaviour on its payments platform Apple Pay. A preliminary investigation determined
Cryptocurrencies have demonstrated that they are not a futuristic statement anymore. With over 17 million Bitcoins in circulation today, cryptos are ambitious and are being accepted internationally as payment methods for
For banks to succeed with a growing base of corporate clients they have to be ready for the complexity of different compliance rules, new protocols
As banking increasingly becomes a technology play, the usage of internal and external application programming interfaces (APIs) is surging. That’s why API management platforms are
This article was originally published in the Economic Times About Author: Yogesh Sangle is the Global Head of Consumer and SME Business at Nium, a
The last two weeks have dramatically increased the number of executives talking on video chat and collaboration channels like Teams and Zoom. We know that
On Friday morning of the 12th of June, we sat down with Eugenie Casier, Director of Funding Options Netherlands, to discuss the recent news from
Insurance Fintech Lemonade has filed with the SEC for an IPO, seeking to raise 100 Million USD. The provider aims to trade under the ticker
Banks are often seen as benchmarks for other industries because of their high levels of regulation and compliance burdens as central pillars of our economic
This World Bank blog series explores how alternative finance lenders can capitalise on fintech to help reach more vulnerable groups. Marketplace lenders and crowdsourcing platforms
It appears that despite everything going on - Fintech is still the dominating force in the UK startup scene, raising $5.4 billion until the end
This series of interviews and expose’s led by fortune.com shows some very urgent and hard facts of racial issues across financial sectors, with many different
This thought piece explores one element that seems to be lacking from a lot of B2B marketing efforts - empathy. It argues that an empathetic
With Africa set to receive $50 billion USD towards economic recovery over the next 15 months, primarily from the World Bank, the way the market
Popular money transfer service Transferwise, which recently launched account services in multiple currencies has announced that it now holds 2 billion GBP in deposits. This
Vivid Money is a mobile banking startup spinoff owned by russian Tinkoff Bank - and will soon be launching in Germany based on a partnership
Stepping into the financial literacy and education space, core banking platform Thought Machine has partnered up with app developer glitchers to produce a gamified money
When it was launched in 2018, Goldman Sach’s retail saving provider Marcus offered an industry beating 1.5% interest rate, which has slowly been staggered down
Buy now pay later unicorn Klarna has partnered with succesful platform Raisin to expand it’s offering in the German market. This partnership allows Klarna customers
Global banking giant Deutsche Bank has announced that it will merge it’s wealth management and private&commercial business units in to a new International Private Bank.
The Dutch startup Cobase came into the limelight back in late 2018 when it bagged an investment of €7.5 million from ING Ventures. The company
Wahed Invest, a New York-based fintech startup that describes itself as the world’s first halal robo adviser, announced today that it has raised $25 million
Dubai-based FinTech startup – Tabby, announced the raise of $7 (~€6.1) million. The funding will be used for the growth of the ‘Buy Now Pay Later
“Neptune Networks, the fixed income pre-trade market utility, has closed a capital raise of more than $15 (~€13.2) million from existing shareholders across two-tranches.” -
French startup iBanFirst has raised a $ 23.8 million (~€ 21 million) series round from the Large Venture Fund of Elaia and Bpifence. Previous investors
The firm’s technology connects the internal systems of small businesses to banks, fintechs and other financial institutions, allowing business data to flow back and forth
The World Retail Banking Report 2020 from Capgemini and Efma explores how retail banks are facing pressure to transform, as new entrants focused on customer
We missed this one last week, but remains interesting to highlight. Statista has created a landing page with loads of COVID-19 statistics, the impact on
This insight highlights some of the potential future unicorns. Enterprise/big data tools dominate: 30% of companies on this year’s list work on enterprise or big
Forbes partnered with Statista to survey more than 40,000 customers for their opinions on their current and former banking relationships. The banks were rated on
As the broader economy shifts its COVID-19 attitude from “respond” to “recover”, new opportunities may be created for some fintechs. A key question is how
This report shows that investors continue to back some of the UK’s most promising tech teams, despite the challenges posed by Covid-19. The report’s findings
Non-Financial Reporting (NFR) is slowly but gradually becoming mainstream, particularly when it comes to green or sustainable activities. It all began with the Kyoto Protocol in 1997
Report was originally posted here
As businesses globally adjust to the current uncertainty, marketers need to remain agile and open to changing tact quickly. What worked and was appropriate yesterday,
On this week’s episode Taneia catches up with Sanjiv Razdan, Global Head-Commercial Payments, Nium to talk about BizPay, a solution that helps small businesses convert
StoryPositive’s MD, Toby Corballis, recently gave a Webinar to members of The Financial Services Clud, entitled: Leadership In Financial & Technical Firms In A Time
The payments industry is experiencing tremendous growth, while at the same time changing rapidly and becoming more complex. There are many factors contributing to the
Gartner Peer Insights recognizes the vendors that are the most highly rated by their customers through the Customers’ Choice distinction | Find the Full Report
“Vesta, a Lake Oswego, Ore.-based provider of fraud protection and fully guaranteed payment technologies, secured $125m in growth capital. Private equity firm Goldfinch Partners made the investment. The
France’s prudential control authority and New York’s state department of Financial services have announced a MoU to ease entry for bilateral fintech’s hoping to scale
This piece argues that before the COVID-19 pandemic, the amount of funding being poured into fintech as well as the changing of the guard at
The Digital transformation Agency is charged with completing Australia’s digital identity system, with the goal to allow citizens to access a range of identity sensitive
This opinion piece underlines the role of women and diversity in fintech, arguing that their participation is crucial to the economic recovery post COVID-19. This
Take a few minutes to learn how different actors are balancing two key aspects of success in the future: the use of tech paired with
This thought piece explores the similarities between the financial crisis of 2008 and the current covid-19 pandemic in how they helped to shape the fintech
Recent research commissioned by software provider Encompass shows that business consistently feel underserved by their banks, to the tune of 41% of them in the
“The Stockholm based open banking platform Tink raised €90 million in funding, back in January this year. The company again received investment from PayPal and
“Lili, which works to provide online banking services for freelancers, notched $10 (~€8.8) million in a seed funding round led by Group 11, according to a
“Lithuania-based know your customer (KYC) solutions provider Ondato develops remote KYC and compliance solutions that help in identifying private individuals and legal entities, review data
“Cutover, a cloud-enabled work orchestration and observability platform, enabling organisations to innovate at pace with operational resilience, announced today that Barclays has joined Index Ventures
Barcelona’s Fintech firm Belvo has secured $10 (~€8.8) million in capital, in order to recruit between 40-50 new project developers. Belvo is also planning to
“Mobile banking startup Varo Money has raised an additional $241 (~€212) million in Series D funding, the company announced today. The investment was co-led by
UK based digital money transfer provider WorldRemit has partnered with payments and authentication providers Onfido - to further automate its KYC process. This new technology
Oaknorth, the succesful UK challenger bank has issued a stern warning by its CEO Rishi Kosala. The CEO warned that ““If you look at the
Grab - the booming south east asian ride hailing app has forged ahead with it’s grabpay solution and launched in the Philippines. The Grab Pay
PayPal has announced a second strategic investment in Open Banking solutions provider Tink, making Tink solutions available across all EEA countries in order to better
Airwallex, the Hong Kong based fintech has entered the market for a new payment acceptance service. Airwallex has partnered with WeChat Pay, and will be
Despite being largely confined to the Mexico and Brazil region, challenger Bank Nubank has reached a milestone of 25 million customers. After being founded in
Overview of fintech financing activity in May 2020. Though deal activity was higher compared to April, it was slower compared to previous months. Read more
In the first five months of 2020, crypto thefts, hacks, and frauds totaled $1.36 billion, suggesting 2020 could see the second-highest value in crypto crimes
11:FS and Plaid have joined forces to examine the transformative impact open finance could have on the competitive landscape and how it may influence the
This report highlights the most common checkout issues, after analysing the top 450 e-commerce websites across Europe. 57% of European checkouts analysed had at least
In this brief, CBInsights looks at the short-term and long-term effects of Covid-19 on five parts of the fintech ecosystem: Payments, Insurance, Banking & Lending,
In IT services, the explicit demand of the customer often entails an implicit desire. To provide the optimal answer to this unspoken need, the business objectives
Here it is. The follow-up to our first 2020 survey report is out, this time zooming in on the money behind the open banking opportunity.
Banking Circle study of online SME merchants reveals banking gaps that Payments businesses can fill www.bankingcircle.com London, 27th May 2020 – Europe-wide research commissioned by
When money is spoken of as being as old as human civilisation, we’re really talking about gold. Ever since man discovered gold, it has been
There’s never been a week like the one that just ended – and there’s never been one like the one that is just beginning. No one
As startup funding dries up, what can founders do to stretch their dollars and ride out the drought? On this week’s episode, Taneia turns to
Fintech Fridays: All about payments! This week saw lots of increased activity in the payments space as regulators and market players are struggling to keep
The investment firm is launching Global Technical Realty, in order to develop and build data centers across europe, primarily servicing large tech firms. At least,
“Digital banking vendor Meniga has closed an €8.5m funding round led by customers Groupe BPCE, and including Portugal’s Grupo Crédito Agrícola and UniCredit.” -
“Dutch fintech startup Floryn, an online lending market for small and medium-sized enterprises, has raised €9 million from Endeit Capital, supported by existing investors such
“Advised by Fintech investment bank FT Partners, Marqeta has raised $150 million at a valuation of $4.3 billion vaulting the company higher in the ranks
“Starling Bank, the U.K.-based challenger bank founded by banking veteran Anne Boden, has raised an additional £40 million in funding, TechCrunch has learned.” -
“Stackin’ has raised a $12.6 million Series B funding round led by Octopus Ventures, according to a company release” - Read more here - Round
Raking in $17 million in its latest fund raising, GoBear will be looking to build up a “full-fledged financial services platform” and tap an estimated
The European Banking Authority (EBA) published a preliminary assessment of the impact of COVID-19 on the EU banking sector. The following conclusions were drawn: (1)
Slowly but surely banks around the world are starting to adopt open banking practices. Naturally, the advent of open APIs in which banks would share
When we look at the rapid shift in digital transaction volumes and the move to near real-time everything, instant payments are often overlooked. Why? this
Automation is also hitting payments - leading to payments ops teams facing challenges that they might not have in the past. Automated Clearing Houses tend
As startups start to mature, and products and technologies that were previously cutting edge become more commonplace, their applicability and use potentail needs to be
In this piece, Industry thought leader Ron Shevlin speaks to us about the ethos and pathos of the current fintech craze and how we must
This latest research from analysies payment trends during the lockdown and predicts payment trends for the future. The study indicates that as many as 40,000
A striking visualization, updated for 2020 to show all global debt, wealth, money, and assets in - as the author states and we confirm -
StartupBlink works with a wide variety of governments, municipalities, and economic development corporations on the development, mapping, and benchmarking of their startup ecosystems. The StartupBlink
A white paper by CRM partners, where 300 Dutch consumers have been interviewed on the level of trust they have in financial service providers. The
Built for Mars his releasing a report series on the user experience with challenger banks (Billion dollar experiences). The first chapter detailed opening a bank
The report offers insights on Fintech adoption in the Hong Kong banking industry and its implications for the industry, markets and regulators. The survey for
A small selection of purchases across a few categories in the google store and stores affiliated with the g-pay system can now be completed using
Providing all the hot companies with the tools to start their online wallets and payments ecosystems makes services provider Marqeta a popular player - to
In a new and surprising digital bank offering, South Korean tech and consumer goods giant Samsung has launched its newest product - Samsung Money. The
France’s Authorité de la concurrence has opened dialogue through a series of public consultations into the fintech landscape, with a clear focus on the payments
Techstars alumn Airfox (Boston, USA) provides a digital wallet and aims to serve especially the underbanked population of Brazil, now also via the retail network
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