24th May 2020 - 31st May 2020
๐ณ Samsung has revealed more information about its upcoming debit card programme called Samsung Money by SoFi ๐ Read more
๐ธ Starling Bank has raised a further ยฃ40 million from existing investors JTC and Merian Chrysalis Investment Company, bringing the total raised this year to ยฃ100 million ๐ Read more
๐ Facebook is renaming Calibra, the digital wallet it hopes will one day be used to access the Libra digital currencies, Novi ๐ Read more
๐ฐ San Francisco based fintech firm Aspiration has raised $135 million in a Series C funding round led by investors Alpha Edison ๐ Read more
๐ฎ Lunar, the Nordic challenger bank, has partnered with esports firm Astralis to launch a new banking offering ๐ Read more
๐ฆ๐ช Dubai based fintech startup Jingle Pay is bringing neobanking to the Middle East, starting from UAE ๐ Read more
๐ฐ๐ช Standard Chartered to launch new savings product in Kenya and calls for help from fintechs ๐ Read more
๐ซ๐ท Meniga, the digital banking tech provider, raises โฌ8.5M led by French bank Groupe BPCE ๐ Read more
๐ถ Cryptocurrency exchange Coinbase has announced it is to start offering staking rewards to its customers in the UK and certain EU countries, which could offer around 5% interest on the Tezos they hold in their wallet ๐ Read more
๐ค Google has launched a pilot programme for Voice Match, a new voice confirmation feature for purchases made in Google Assistant ๐ Read more
๐ณ California based fintech payment startup Marqeta has raised $150 million in new funding from a single investor at a $4.3 billion valuation ๐ Read more
๐ GoBear, a Singapore-based insurance and banking marketplace, has landed $17 million in a funding round led by existing backers Walvis Participaties and Aegon ๐ Read more
๐ต๐ฑ Polish bank Pekao has launched an app that helps children save and learn about how to manage their money ๐ Read more
๐จ๐พ Bank of Cyprus, the largest banking and financial services group in its home country, has completed a migration to HPSโs PowerCard solution ๐ Read more
๐จ๐ณ ICBC is planning to add more financial and payment services through the platforms of Chinese e-commerce giant Alibaba and Alipay ๐ Read more
๐ท๐บ Russiaโs Sovcombank launches online mortgage loans. Bank closed its first digital mortgage transactions last week ๐ Read more
๐ Santander InnoVentures, the Spanish banking groupโs $200 million corporate venture capital, has invested in Latin American SME lender a55 ๐ Read more
๐ฆ TSB Bank has partnered with Adobe to shift 80,000 customer interactions to digital channels over the last 8 weeks in a bid to alleviate pressure on its customer service teams during the pandemic ๐ Read more
๐จ๐ญ The Swiss and International operations of private banking group Itaรบ Unibanco has signed extended deals with Temenos to deploy the latterโs Infinity Wealth and Transact systems ๐ Read more
๐ A new report from global recruiting firm Robert Walters and market analysis firm Vacancy Soft has revealed that FinTech investment in the UK has increased by 500% in the last three years, as compared to 170% in the USA and 133% in Europe ๐ Read more