Digital Banking Weekly #43

🎯 Robinhood, consumer investing app announced that it has closed a $280 million Series F funding at an $8.3 billion valuation 🔗 Read more

🇩🇪 N26, Berlin-based banking startuo has extended its Series D round with another $100 million of funding at the same valuation of $3.5 billion 🔗 Read more

💳 Finance solutions provider SoFi and Samsung’s Samsung Pay joined forces this week to launch a debit card 🔗 Read more

✅ Ripple claims to have become the first blockchain-focused payments company to join the ISO 20022 standardisation committee, future-proofing its business for the eventual arrival of the data-rich messaging protocol 🔗 Read more

🇬🇧 Payments app Klarna has released data tracking the changes in the purchasing habits of UK consumers during the Covid-19 crisis 🔗 Read more

🇩🇪 German fintech factory finleap connect has launched a white label mobile banking application that firms can quickly roll out with their own name and branding 🔗 Read more

📋 The global fintech industry is at an inflection point, with revenues set to grow from $150 billion in 2018 to $500 billion in 2030, according to research from UBS 🔗 Read more

🍃 Barclays has made a significant investment in SaveMoneyCutCarbon, a digital aggregator that provides a marketplace where customers can shop for products and solutions that help reduce their carbon footprint 🔗 Read more

🇱🇹 Revolut has formally launched as a licensed bank in Lithuania, enabling its 300,000 customers in the country to deposit their salaries and other funds in deposit-protected bank accounts 🔗 Read more

🇸🇦 Faisal Omar Alsaggafi, CEO of National Commercial Bank: “Over 60% of retail customers used our digital platforms in 2019, including a rapid transition to the mobile banking app” 🔗 Read more

💼 Libra Association has named HSBC chief legal officer and former US treasury department official Stuart Levey as its first CEO 🔗 Read more

🇬🇧 Kestrl, an ethical banking fintech, is set to launch in the UK later this year. Offering will also be Sharia-compliant, making it an option for the UK’s Muslim community 🔗 Read more

🇲🇽 Mexican challenger bank Klar is partnering with US-based fintech, API, and payments platform, Galileo 🔗 Read more

🇸🇬Nium, the Singapore-based cross border payments fintech formerly known as InstaReM, has landed an undisclosed sum in a funding round with Visa 🔗 Read more

🇦🇺 SME-focused neobank Judo Bank secures $230 million and unicorn status 🔗 Read more

🇺🇸 First Dollar raises $5 million for a consumer-friendly healthcare savings account 🔗Read more

🍃 Clim8, an app-based startup for sustainable investing, has surpassed £1.1 million through its equity crowdfunding campaign on Crowdcube 🔗 Read more

🇬🇧 ING Ventures has led a £4 million financing round for Countingup, a UK startup that combines a business current account with a built-in accounting package 🔗 Read more