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Fintech & Banking Industry Newsletter

28.09.2020Admin Adminich

Lending and Trends

One-Button Fintech? Where And How Embedded Finance Will Work
Forbes, Posted September 27, 2020

 #embedded finance

Channel Arbitrage And Other Ways Fintech Is Disrupting Financial Services
Forbes, Posted September 26, 2020

 #channel arbitrage  

Buy now, pay later: The changing face of finance for a mobile generation
E27, Posted September 24, 2020

 #BNPL

Americas

Stripe partners with Salesforce to power the firm’s cloud payment system
Altfi, Posted September 24, 2020

 #partnerships 

Atlanta gets a billion-dollar startup business as Greenlight’s family-focused fintech nabs $215 million
TechCrunch, Posted September 24, 2020

 #fundraise

Index Ventures: European startups are not so interested in setting up a tech base in the US anymore
Tech.eu, Posted September 23, 2020

 #startups  

Robinhood’s valuation continues climb with $460m funding=
Fintech Futures, Posted September 25, 2020

 #fundraise

OCC issues guidance on US banks’ stablecoin activities
Fintech Futures, Posted September 24, 2020

 #regulation 

Asia

Standard Chartered launches Mox Bank in Hong Kong
Fintech Futures, Posted September 23, 2020

 #digital banking 

Ant launches blockchain-based cross-border trade platform
Finextra, Posted September 25, 2020

 #financial services  

With net profit of Rs 4.3 crore for FY20, digital lender RupeeRedee gets into the black
Moneycontrol, Posted September 21, 2020

 #lendtech

Digital Wealth Manager Syfe Closes US$18.6 Million in Series A Funding Round
Fintechnews Singapore, Posted September 21, 2020

 #wealth management  

Southeast Asia Becomes Centre for Instant Cross-Border Payments Growth
Fintech Singapore, Posted September 25, 2020

 #remittance

Google Pay Launches All-In-One P2P Payments Solution in Singapore
Fintech Singapore, Posted September, 24, 2020

 #P2P payment 

PayMongo Secures $12M in Series A Funding Round Led by Stripe
Fintech News Philippines, Posted September 28, 2020

 #paytech

Fintech Startups Make Moves in the Philippines as Remittance Inflows Recover
Fintech News Philippines, Posted September 27, 2020

 #remittance

Payment Platform Bayad Center Records Huge Spike in Digital Transactions
Fintech News Philippines, Posted September 25, 2020

 #digital payments

Europe

European fintech faces an ‘existential crisis’ as funding has dropped ‘from surplus to scarcity,’ McKinsey report says
Markets Insider, Posted September 22, 2020

 #pandemic 

Illimity and Banca Sella buy into each other for open banking venture
Fintech Futures, Posted September 23, 2020

 #M&A #neobank

GoCardless promotes Stephen Reidy to lead its UK and Ireland business
Altfi Posted September, 22, 2020

 #paytech

Gaming friendly challenger Xace lands FCA licence
Fintech Futures, Posted September 23, 2020

 #digital banking

TransferWise marks its fourth year of profit with near doubling of revenues
Altfi, Posted September 23, 2020

 #remittances

Laybuy’s partner programme to expand its pay-later coverage
Altfi, Posted September 22, 2020

 #BNPL

Spotify CEO Daniel Ek pledges $1Bn of his wealth to back deeptech startups from Europe
TechCrunch, Posted September 24, 2020

 #investment 

Small business challenger bank Finom raises another $12 million to expand in Europe
TechCrunch, Posted September 24, 2020

 #fundraise

Rita Liu, chief commercial officer (CCO) at Mode and Alipay’s former UK CEO, thinks too many fintechs – particularly challenger banks – still rely on interchange fees.
Fintech Futures, Posted September 25, 2020

 #neobanks

UK fintech startup Uncapped raises $26 million in debt and equity funding to help European founders raise working capital efficiently
Tech.eu, Posted September 23, 2020

 #fundraise

Tink continues rapid expansion plans as it announces latest open banking integration
Altfi, Posted September 24, 2020

 #open banking 

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