Receeve raises EUR 4m in seed funding
Hamburg-based Receeve raised €4 million in seed funding from Mangrove Capital Partners and Speedinvest to digitally transform Europe’s debt industry, as reported…
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Financial Technology – Page 45
Financial technology news from TechAnnouncer: payments, digital banking, lending, wealthtech, insurtech, regtech and embedded finance. We track fintech launches, funding rounds, partnerships, acquisitions and regulation across global markets, and explain what each development means for the industry.
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Bank Assafa goes live on iMAL core banking system
Bank Assafa, a wholly owned subsidiary of Morocco’s Attijariwafa Bank, specialising in participative finance, has gone live with Path Solutions’ iMAL core…
Swedish consumer champion Woilà raises $3.1m
Woilà, the Stockholm-based fintech which helps buyers’ get their money back on later reduced products and delayed train tickets, has raised $3.1…
20th Banking Technology Awards Supplement
Welcome to our debut Banking Technology Awards Supplement. Here, we take a moment to showcase some of our highlights from our bedazzled…
Tom Shen joins Sensibill as chair of the board
Sensibill has appointed digital banking veteran Tom Shen as chair of the board. He’ll be joined by Corey Gross, co-founder and CEO…
Intellect Design Arena at MoneyLive London: An age of open infrastructure
Since the 2008 financial crash, the last decade has seen a huge regulatory shift to a far more open financial marketplace. Chief…
State Bank of India selects BEP Systems for UK mortgage origination
Mortgage origination vendor BEP Systems has been selected by the UK operations of State Bank of India (SBI) to provide technology for…
Citi deploys Cobalt post-trade infrastructure
US investment bank Citi is set to go live on a new trading infrastructure provided by post trade systems supplier Cobalt. Cobalt…
Goldman Sachs to offer SME loans on Amazon’s lending platform
Goldman Sachs is in “advanced talks” with Amazon to offer small loans to US businesses over the Big Tech’s lending platform. The…
BIS fintech report: More harmonised standards and less TPP reliance
The Bank for International Settlements (BIS) has published a cross-country review on the fintech regulatory landscape, in which “the lack of harmonised…
Philip Hammond joins OakNorth advisory board
Philip Hammond, the former UK chancellor and foreign secretary, has joined SoftBank-backed OakNorth as the fintech looks to accelerate its overseas expansion,…
SBI Holdings invests $20m in core banking API firm OpenLegacy
Japanese investment firm SBI Holdings has announced a $20 million investment in core banking integration firm OpenLegacy. SBI wants to introduce OpenLegacy…
Video: Top fintech stories this week – 31 January 2020
The FinTech Futures weekly round-up of the industry’s top stories and happenings from across the globe. This week we cover: Viva Wallet buys Greece’s…
What Brexit Day means for the future of fintech
The UK officially left the European Union on 31 January and will be entering an implementation period, which is due to last…
IBM makes major changes to executive leadership
IBM has announced that its first female CEO Virginia (Ginni) Rometty, 62, is retiring at the end of 2020 after nearly 40…
Klarna lands $200m from CBA for Australia launch
Klarna, the Swedish ‘buy now, pay later’ fintech unicorn, has landed a US$200 million investment from the Commonwealth Bank of Australia (CBA)…
JP Morgan plans to cut hundreds of jobs across consumer division
JP Morgan Chase is planning to cut hundreds of jobs across its consumer division, Bloomberg reported on Tuesday, citing people briefed on…
US paytech BandPay set to help musicians get paid
Bandpay, a new paytech platform which guarantees musicians get paid, is launching in mid-March on the App Store and Google Play for…
How SalaryFits is connecting banks with the unbanked
SalaryFits, the fintech offering the gig economy advances on their salary through their employers, tells FinTech Futures how it’s helping banks tap…
Griffin raises £3m to take aim at banks’ legacy tech
Griffin, the London-based challenger and soon-to-be bank, has raised £3 million in a seed round led by Europe’s seed fund Seedcamp and…