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Konsentus partners with open banking API provider Ozone

Konsentus announced that it has partnered with open banking API provider Ozone to deliver an end to end solution accelerating PSD2 open banking adoption.

Nethone expands leadership team with new COO and Head of Business Development

Nethone’s leadership bolstered by an ex-McKinsey & ex-Samsara COO Mateusz Czech, and a payments-veteran Head of BD from the largest French acquiring bank Groupe BPCE, Patrick Nickel-Drexler.

RevSpring expands merchant services to offer complete payments solution, advancing collection of patient payments

RevSpring, the leading provider of patient engagement and payment solutions, has expanded its Merchant Services offering with an integrated payment facilitation program.

Privacy.com, a virtual payment card startup, raises $10.2M in Series A

Virtual card payment startup Privacy.com has raised $10.2 million in a Series A fundraise, the company announced Wednesday.

UK fintech Fidel API expands North American presence with US move

London-based startup Fidel, the financial API provider whose clients include British Airways, Royal Bank of Canada and Klarna, has expanded to the US to help developers build applications and services that connect with a user’s payment card.

Australian fintech Avenue announces new CEO to boost launch of challenger SME bank

Australian fintech Avenue is preparing to launch a dedicated bank for small business after securing former Commonwealth Bank executive George Confos as CEO and launching a Series B funding round.

Budgeting fintech Wildcard shutting down

In an email to customers, budgeting and transaction app Wildcard has announced it's closing its doors on 14 August

Robinhood Raises $320 Million En Route to $8.6 Billion Valuation

The mobile trading and investing platform announced this morning that it has secured $320 million in additional funding. Combined with the $280 million the company raised earlier this year as part of its Series F round, Robinhood now has raised more than $1.5 billion in capital and sports a valuation of $8.6 billion.

Challenger and neo-banks from Brazil. What makes them different?

Brazil is a giant, but when it comes to challenger and neo-banks is has become a titan amongst titans. Not only is there a sizable number of contenders in this list—24 challenger and neo players to be precise—, Brazil also happens to be home to the undisputed world champion of neo-banking; Nu Bank.

Lloyds Bank adds subscription management service to its mobile app, in partnership with Minna Technologies & Visa

Lloyds Bank announced today the addition of a new subscription management service to its mobile banking app, in partnership with Swedish FinTech Minna Technologies and Visa.

Fintech startup Lanistar raises £15 million

Lanistar, a personal financial management startup founded in 2019, has raised £15 million to support its forthcoming commercial launch in Winter 2020.

Legal entrepreneur founds trailblazing FinTech

The owner of a law firm has co-founded a new FinTech firm Manchester with his marketing chief.

Coconut files £5m BCR Pool E bid

CEO Sam O'Connor reveals Coconut as the 4th fintech to file a bid for part of Banking Competition Remedies £100m fund.

Aussie Fintech Sezzle Raises $55 Million, Shares Leap 22%

Sezzle, an Australian fintech offering interest-free installments on purchases, has secured AUD79.1 million ($55 million) in a funding round via institutional placement, the company announced to the Australian Securities Exchange (ASX) on Friday.

DeFi Conference 2020 Delivers an All-Star Speaker Lineup

The DeFi Conference 2020 hosted by Bitcoin Events, is a feature-packed free event for anyone to attend and learn about the opportunities that decentralized finance offers to individuals and organizations alike.

SolarisBank Snaps Up €60m Funding For BaaS-Ic Instinct

Germany’s solarisBank has raised €60 million funding in a Series C round to boost its Banking-as-a-Service (BaaS) aspirations

EU Banks to Take on Visa, Mastercard With New Payments System

Sixteen banks from Germany, France and three other euro zone countries on Thursday said a "truly European" payments system was expected to be up and running in 2022 to fully digitalise a region where half of all retail payments are still in cash.

Société Générale is acquiring freelancer challenger bank Shine

Société Générale is acquiring French startup Shine. Terms of the deal are undisclosed. According to a source, Shine is getting acquired for around €100 million in an all-cash deal (around $112.6 million).

Indonesian Fintech PAYFAZZ Reportedly Secures $53 Million Through Series B Funding Round

PAYFAZZ, an Indonesia-based fintech startup, has reportedly secured $53 million through its Series B funding round, which was led by B Capital Group and Insignia Ventures Partners with participation from Tiger Global Management, Y Combinator, ACE & Company, BRI Ventures, and Quiet Capital.

Reuters Events Free Webinar - ESG Standards: The best path forward

SASB, ISO, UBS Global Asset Management and ICMM dissect the suitability of universal vs industry standards, the current market context, and the roadmap forward.

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