FinovateFall 2020: Why Banking-as-a-Service is fintech’s newest trend
Fintech Futures, Posted September 16, 2020
Fintech Futures, Posted September 16, 2020
#BaaS
Americas
Chime is now worth $14.5 billion, surging past Robinhood as the most valuable U.S. consumer fintech
CNBC, Posted September 18, 2020
CNBC, Posted September 18, 2020
#fundraise #neobank
Why Mexico’s SMBs Need A FinTech Operating System And Not Another Bank
PYMNTS, Posted September 15, 2020
PYMNTS, Posted September 15, 2020
#open banking
dLocal becomes Latin America’s latest fintech unicorn
Fintech Magazine, Posted September 17, 2020
Fintech Magazine, Posted September 17, 2020
Copper, an app-based banking startup targeting teens, has raised $4.3 million in a seed funding round led by PSL Ventures.
#paytech
Asia
A Booming Fintech Investment and Exit Landscape in South East Asia
Fintechnews Singapore Posted September 16, 2020
Fintechnews Singapore Posted September 16, 2020
#investments
Alibaba may invest in Grab to use its delivery capabilities and services to bolster its business in Southeast Asia
Business Insider, Posted September 15, 2020
Business Insider, Posted September 15, 2020
#investments
Merchantrade acquires Valyou from Telenor to further penetrate into Malaysia’s migrant population
E27, Posted September 18, 2020
E27, Posted September 18, 2020
#M&A #remittances
Ethis Group Launches First Fully Shariah-Compliant Equity Crowdfunding Platform in Malaysia
Crowdfund Insider, Posted September 19, 2020
Crowdfund Insider, Posted September 19, 2020
#fundraise
Gojek acquires WePay to expand its e-wallet business into Vietnam: Report
E27, Posted September 14, 2020
E27, Posted September 14, 2020
#M&A #paytech
Philippine Central Bank Warms Up to Digital Money to Aid Fintech
Bloomberg Quint, Posted September 18, 2020
Bloomberg Quint, Posted September 18, 2020
#regulation #digital currency
India’s Consumer Lending Platform ZestMoney CEO Reveals Country’s Severe Lockdowns led to “Almost Complete Cessation” of Economic Activity
Crowdfund Insider, Posted September 18, 2020
Crowdfund Insider, Posted September 18, 2020
#pandemic #lending technology
Europe
A third of the UK’s financial institutions spend over £90m on open banking, says Tink
AltFi, Posted September 16, 2020
AltFi, Posted September 16, 2020
#open banking
Klarna becomes Europe’s biggest fintech unicorn at over $10 billion valuation after mega-round
CNBC, Posted September 15, 2020
CNBC, Posted September 15, 2020
#spaytech #BNPL
Metro Bank completes RateSetter acquisition
FinTech Futures, Posted September 15, 2020
FinTech Futures, Posted September 15, 2020
#M&A #P2P lending
One in five Moneyfarm transfers now using open banking
AltFi, Posted September 16, 2020
AltFi, Posted September 16, 2020
#open banking
“You absolutely can’t ignore” the fintech industry, says new CEO of the British Business Bank
AltFi, Posted September 17, 2020
AltFi, Posted September 17, 2020
#pandemic
Tesco Bank implements Pay by Bank tech for credit card debt repayments
Finextra, Posted September 15, 2020
Finextra, Posted September 15, 2020
#paytech
Bank-as-a-service startup Swan helps other companies issue cards, accounts and IBANs
TechCrunch, Posted September 15, 2020
TechCrunch, Posted September 15, 2020
#fundraise #BaaS
EU could force Apple to open up iPhone NFC functionality
Finextra, Posted September 21, 2020
Finextra, Posted September 21, 2020
#payments
