Digital Banking Weekly #44

10th May 2020 - 17th May 2020

๐Ÿ  Australian fintech mortgage startup Verteva raises $21.4m from NZโ€™s Bolton ๐Ÿ”— Read more

๐Ÿ’ฐ Freetrade, a UK-based stock trading app, landed ยฃ5 million in just 4 hours on Crowdcube, setting a new equity crowdfunding record for the platform since lockdown began ๐Ÿ”— Read more

๐Ÿ“ฑ Fintech startup app ANNA secures ยฃ17.5M funding for its SMB-focused business account and tax app ๐Ÿ”— Read more

๐Ÿ•น๏ธ NatWest has launched a video game to help children develop money management skills ๐Ÿ”— Read more

๐Ÿ‡ฉ๐Ÿ‡ช Penta, the German digital platform for business banking, is expanding its target group and market positioning by offering its product and services to self-employed people ๐Ÿ”— Read more

๐Ÿฆ  UK neobank Monzo is seeking fresh funding at a reported 40% discount on its previous valuation, deal is expected to close within the next month ๐Ÿ”— Read more

๐Ÿฅ Payments providers K Wearables and Moorwand are giving away 300 free contactless rings to employees of the UKโ€™s National Health Service (NHS) ๐Ÿ”— Read more

๐Ÿ‡จ๐Ÿ‡ญ BBVAโ€™s Switzerland private banking franchise has launched an online platform to cater to customers interested in opening an account ๐Ÿ”— Read more

๐Ÿ’ผ Libra Association has announced three new members: Temasek, Paradigm and Slow Ventures ๐Ÿ”— Read more

๐Ÿ‡ธ๐Ÿ‡ฌ Revolut hires new executives to grow its Asia business ๐Ÿ”— Read more

๐Ÿ‡ท๐Ÿ‡บ Tinkoff Bank CEO Oliver Hughes says โ€œthis is a brilliant time,โ€ as the Russian online banking platform reports robust profit in Q1 2020 ๐Ÿ”— Read more

๐Ÿ‡บ๐Ÿ‡ธ Oxygen introduces digital banking platform for self-employed ๐Ÿ”— Read more

๐Ÿ‡ฎ๐Ÿ‡ณIndiaโ€™s only publicly-listed fintech company 5paisa, has introduced a peer-to-peer (P2P) lending platform ๐Ÿ”— Read more

๐Ÿ’ผ Despite the ongoing pandemic, DBS in Singapore has committed to hiring over 2000 people this year, including 360 jobs for seasoned professionals in growth technology areas ๐Ÿ”— Read more

๐Ÿ‡ซ๐Ÿ‡ฎ Open banking platform Tink has partnered with Nordic Bank Nordea to add new multi-banking features to Nordeaโ€™s mobile app ๐Ÿ”— Read more

๐Ÿ‡ช๐Ÿ‡บ Euromoney report: European neobanks are switching their attention to small business banking and expansion in the US, as they strive for global scale and profitability ๐Ÿ”— Read more

๐Ÿ‡ฆ๐Ÿ‡ช Dubai-based fintech Spotii has launched its shop now pay later platform in the UAE ๐Ÿ”— Read more

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