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Fintech & Banking Industry Newsletter

23.11.2020Admin Adminich

Lending and Trends

If consumers welcome new payment options, why are they slow to adopt them?
Fintech Futures, Posted November 18, 2020

 #paytech 

Unpacking The Overall Impact Of Fraud
Forbes, Posted November 22, 2020

 #fraud

Americas

Amazon CEO Jeff Bezos Invests In Chipper Cash In Latest African FinTech VC Deal
PYMNTS, Posted November 20, 2020

 #investment #startups

Super Bowl goes cash free
Finextra, Posted November 20, 2020

 #paytech 

U.S. Fintech Wemlo Introduces AI Tech For Mortgage Processing
Crowdfund Insider, Posted November 20, 2020

 #AI #lendtech 

4 U.S. based FinTech companies transforming small business lending
IBS Intelligence, Posted November 17, 2020

 #lendtech 

Fintech Galileo Enables Ualá Expansion into Mexico
Crowdfund Insider, Posted November 17, 2020

 #financial management

Asia

Fintech Sees Strong Growth in South East Asia as COVID-19 Skyrockets Digital Adoption
Fintechnews Singapore, Posted November 19, 2020

 #fintech trends

President at Indian Digital Payments Giant Paytm Says Company Is “Super Comfortable” Despite Competition from Fintechs
Crowdfund Insider, Posted November 16, 2020

 #paytech

Payments app True Balance raises $28 million to reach more underbanked users in India
TechCrunch, Posted November 18, 2020

 #fundraise #paytech 

Indonesian Super App Gojek Closes $150M Funding Deal With NSP Telkomsel
PYMNTS, Posted November 17, 2020

 #partnerships  

Western Union Acquires 15% Stake, Valued at $200 Million, in Saudi Arabia’s Telecom’s Digital Payments Unit, STC Pay
Crowdfund Insider, Posted November 22, 2020

 #remittances #M&A

Indonesian President Joko Widodo Says Local Fintechs Must Adopt Good Governance Practices to Support Rapid Tech Developments
Crowdfund Insider, Posted November 22, 2020

 #regulation 

5 top Indian FinTech funding announcements that transpired in Nov 2020
IBS Intelligence, Posted November 19, 2020

 #fintech

Europe

Money management app Plum lands in Ireland
Finextra, Posted November 17, 2020

 #money management 

Europe’s startup unicorns
Sifted, Posted November 20, 2020

 #startups #unicorns 

Revolut Brings Open Banking To Germany In Deal With TrueLayer
PYMNTS, Posted November 17, 2020

 #digital banking 

Green investments? Sugi’s app will help investors double-check their portfolios
Altfi, Posted November 18, 2020

 #investment

Santander to pay €100m for Wirecard’s core European business
Fintech Futures, Posted November 18, 2020

 #M&A 

Klarna, Europe’s $5.5 billion fintech, sees losses rise sevenfold in the first half
CNBC, Posted August 27, 2020

 #BNPL

Nexi’s acquisition of Nets creates Europe’s largest payments firm by volume
Fintech Futures, Posted November 18, 2020 

 #M&A

UK BaaS provider Griffin lands £6.5m to fund banking licence
Fintech Futures, Posted November 18, 2020

 banking-as-a-service

We’re the first neo-bank to break-even, says Starling Bank
Altfi, Posted November 20, 2020

 #digital banking  

Lanistar: The fintech that found itself in hot water with the FCA is “part-owned by 3,000 of the world’s most influential people”
Altfi, Posted November 23, 2020

 #digital banking   

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