Nubank Challenges Brazil’s Big Banks in Wake of $150 Million Funding Round

The startup that made headlines recently for its antitrust complaint against some of its country’s largest banks is the same fintech that raked in a major investment from a group of investors earlier this month. (more…)

Banks, Hotnews, Mobile-first banks

April 2, 2018


Uber applies for e-money license

Ride hailing behemoth Uber has confirmed that it has applied to the Dutch central bank for an e-money license as it looks to broaden its range of consumer-facing services. (more…)

Global trends, Hotnews, Influences FinTech

March 29, 2018


RBS to acquire book-keeping software firm FreeAgent

Royal Bank of Scotland is to acquire UK accounting software vendor FreeAgent in a deal that values the firm at £53 million. (more…)

Banks, Deals, Fintech news, Global trends, Hotnews

March 29, 2018


Ally Financial Set to Open New Innovation Hub in North Carolina

Private equity firm Silver Lake is buying a $500 million stake in personal finance technology outfit Credit Karma from existing investors. (more…)

Deals, Fintech news, Global trends, Hotnews

March 29, 2018


CardUp raises $1.7M to help small businesses get more out of their credit cards

By Catherine Shu for TechCrunch,

CardUp, a Singapore-based startup that enables users to make large, recurring payments by credit card even to recipients that don’t accept cards, has raised $2.2 million SGD (about $1.7 million) led by Sequoia India and SeedPlus. This is CardUp’s first institutional investment round and will be used to expand its business serving small- to medium-sized enterprises. (more…)

Fintech news, Global trends, Hotnews

March 28, 2018


Oscar Health raises $165 million at reported $3B valuation

By Darrel Etherington for TechCrunch

Oscar  Health, the startup run by Josh Kushner  (yes, brother of Jared), has raised $165 million at a reported valuation of $3.2 billion, CNBC’s Christina Farr reports. The funding comes from Alphabet’s  Capital G investment company and Verily life sciences corporation, Founders Fund and others. (more…)

Global trends, Hotnews, Insurance

March 28, 2018


Raisin moves into investments with ETF portfolios

Berlin-based savings startup Raisin is entering the retail investment market through a tie-up with asset manager Vanguard to add ETF portfolios to its German product offering. Investors can choose between four portfolios made up of ETFs and index funds with an equity share of 30, 50, 70 and 100 per cent respectively and invest in up to 16,000 individual securities globally. (more…)

Analytics, Fintech news, Hotnews, Wealth management

March 27, 2018


Yolt pairs up with Monzo

Yolt, the smart thinking money app owned by ING, has integrated with the UK’s biggest challenger bank, Monzo. (more…)

AI / Machine Learning / Big Data, Fintech news, Hotnews, Mobile-first banks

March 26, 2018


Ayondo, Singapore’s 1st listed fintech firm, opens trading debut at 24 cents

Global fintech group Ayondo on Monday (March 26) made its debut on the Singapore Exchange’s (SGX) Catalist board at 24 cents apiece – marking the first fintech company to be listed on the Singapore bourse. (more…)

Global trends, Hotnews

March 26, 2018


Savings chatbot Plum introduces ethical investment tool

British money management chatbot Plum has launched an investment tool that lets users choose where their money goes. (more…)

AI / Machine Learning / Big Data, Hotnews, PFM/PFP services, Wealth management

March 26, 2018


Fintech Circle and Abu Dhabi Global Market prep fintech education courses

By Funding Circle,

Fintech Circle, the leading global community of FinTech entrepreneurs, angel and VC investors, financial services professionals and FinTech thought-leaders and its Fintech Circle Institute, is poised to launch its comprehensive range of Fintech Education Courses for the United Arab Emirates (UAE), in collaboration with Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi. (more…)

Fintech news, Hotnews, p2p/online lending

March 23, 2018


50 Big Companies that Started with Little or No Money

Joseph Flaherty, Director of Content & Community at HackerNoon 

There’s a widespread belief among founders that venture capital is a precursor to success. It is true that VC is a common denominator of the most successful tech startups, but it isn’t a prerequisite, especially at the early stages. (more…)

Deals, Fintech news, Hotnews

March 23, 2018


The Bank of England: Deputy Governor Announces New Fintech Hub at the “Heart of the Bank”

Dave Ramsden, Deputy Governor of Bank of England, addressed the topic of Fintech within the Bank in a speech today. The presentation saw the banker announce a new Fintech Hub within the Bank following the success of its internal Fintech Accelerator;


Banks, Fintech news, Global trends, Hotnews

March 23, 2018


Barclays partners seven watch brands for contactless timepieces


Barclays has teamed up with seven watch makers, including Guess and Timex, to bring its bPay wearable contactless payments technology to the masses. (more…)

Banks, Hotnews

March 19, 2018



Abra rolls out support for 20 cryptocurrencies and 50 fiat currencies

By Abra,

Abra, is now the first and only all-in-one app allowing users to buy, sell and hold across 20 cryptocurrencies and 50 fiat currencies. Users can exchange across any currency with no deposit or exchange transaction fees, at any time with no limitations. (more…)

Cryptocurrencies, Global trends, Hotnews

March 16, 2018


Robinhood to gain $5.6 billion valuation on new funding – WSJ

Fee-free stocktrading app RobinHood is eyeing an incredible $5.6 billion valuation on the back of a forthcoming fund raising round, according to the Wall Street journal. (more…)

Global trends, Hotnews

March 16, 2018


Revolut adds direct debits in Europe

Fintech startup Revolut is slowly making traditional bank accounts irrelevant. The company is adding direct debits in EUR to make it easier to pay for utilities and subscription services. (more…)

Fintech news, Global trends, Hotnews

March 15, 2018

Experian acquires UK’s ClearScore and its financial product matching engine for $385M

By Ingrid Lunden for TechCrunch

While credit-scoring behemoth Equifax continues to work through the fallout from its massive security breach, one of its big competitors is snapping up a startup in the UK to diversify its business. Experian today announced that it is acquiring ClearScore, which has built a platform that — like Experian — offers you a credit score, which it then uses it to suggest financial products like credit cards that fit the bill, so to speak. Experian is acquiring ClearScore for £275 million ($385 million), plus an unspecified earnout based on future performance. The deal is expected to close later this year. (more…)

Deals, Fintech news, Hotnews

March 15, 2018


Tandem to buy personal finance app Pariti

UK digital challenger bank Tandem has stepped up its aggregation game by agreeing to acquire personal finance app Pariti. Financial terms have not been disclosed. (more…)

Banks, Fintech news, Global trends, Hotnews, Mobile-first banks

March 14, 2018


Stripe Files Reg D Indicating $38 Million Raise

Payments platform Stripe has filed a Reg D 506b with the Securities and Exchange Commission. The filing indicated the company has raised $38.6 million during the first week of March. According to the document, 36 investors participated in the equity offering. The document also indicated the raise was being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer. (more…)

Fintech news, Global trends, Hotnews

March 14, 2018


ING closes acquisition of majority stake in Payvision


ING has today completed the acquisition of its 75% stake in Payvision, a fast-growing, leading international omnichannel payments service provider. (more…)

Banks, Fintech news, Global trends, Hotnews

March 14, 2018


Coinbase gets e-money license in the UK, will add Faster Payments to speed up fiat deposits

By Steve O’Hear for TechCrunch

The will be welcome news for cryptocurrency fans in the U.K. and Europe. Coinbase, one of more popular and accessible cryptocurrency exchanges, has been granted an e-money license by the U.K. regulator the Financial Conduct Authority (FCA). (more…)

Blockchain, Deals, Hotnews

March 14, 2018


OCBC Bank is to launch its own AI Unit


With an initial investment of $10M over three years, OCBC Bank adopts an ‘AI-first’ strategy in developing digital capabilities (more…)

AI / Machine Learning / Big Data, Banks, Hotnews

March 14, 2018


Fintech Alternative Banking Options (Infografic)

The traditional banking landscape has been dominated by the same banks for a considerable amount of time. The “Big Four”, combined with a few others, have created an oligopoly that remained unchallenged for years. The emergence of fintech and fintech companies represents a new threat to traditional banking and an increase in consumer choice. In fact 2017 saw more money invested in the UK fintech market than anywhere else in Europe, despite the concerns over Brexit. (more…)

Global trends, Hotnews, Mobile payments/banking, Mobile-first banks

March 12, 2018


Bank of Amazon could woo 70 million US customers within five years

Bain and Co, estimates that a banking service from Amazon could swell to more than 70 million US customer accounts within five years, equalling the size of the country’s third largest bank, Wells Fargo. (more…)

Banks, Fintech news, Global trends, Hotnews

March 12, 2018


BBVA raises Atom Bank stake to 39% as part of £149 million funding round

UK digital-only Atom Bank has raised £149 million in a funding round which sees BBVA invest a further £85.4m in the startup, raising its stake to 39%. (more…)

Banks, Deals, Global trends, Hotnews

March 8, 2018


Coinbase is launching its own cryptocurrency index fund

By Fitz Tepper for TechCrunch

When you’re the runaway leader in a growing industry, you typically have two opinions: A) Stay in your lane and let other companies pop up to solve the industry’s problems, or B) Try to offer as many products as possible and own the entire customer experience from A-Z (no Amazon pun intended). (more…)

Cryptocurrencies, Hotnews

March 7, 2018


Google is bringing messaging to its Tez payment app in India

By Jon Russel for TechCrunch

Messaging and payments continue to converge in India after Google added chat features to its Tez payment app in India. (more…)

Hotnews, InspirAsia, Payment processors/providers/gateways

March 7, 2018


Initial coin offerings likely need to heed bank secrecy rules

By American Banker,

Issuers and investors in initial coin offerings for digital coins appear to have something else to worry about besides the increased scrutiny of regulators. (more…)

Cryptocurrencies, Government activities, Hotnews

March 7, 2018