Digital Banking Weekly #46

24th May 2020 - 31st May 2020

๐Ÿ’ณ Samsung has revealed more information about its upcoming debit card programme called Samsung Money by SoFi ๐Ÿ”— Read more

๐Ÿ’ธ 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 ๐Ÿ”— Read more

๐Ÿ”„ Facebook is renaming Calibra, the digital wallet it hopes will one day be used to access the Libra digital currencies, Novi ๐Ÿ”— Read more

๐Ÿ’ฐ San Francisco based fintech firm Aspiration has raised $135 million in a Series C funding round led by investors Alpha Edison ๐Ÿ”— Read more

๐ŸŽฎ Lunar, the Nordic challenger bank, has partnered with esports firm Astralis to launch a new banking offering ๐Ÿ”— Read more

๐Ÿ‡ฆ๐Ÿ‡ช Dubai based fintech startup Jingle Pay is bringing neobanking to the Middle East, starting from UAE ๐Ÿ”— Read more

๐Ÿ‡ฐ๐Ÿ‡ช Standard Chartered to launch new savings product in Kenya and calls for help from fintechs ๐Ÿ”— Read more

๐Ÿ‡ซ๐Ÿ‡ท Meniga, the digital banking tech provider, raises โ‚ฌ8.5M led by French bank Groupe BPCE ๐Ÿ”— Read more

๐Ÿ’ถ 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 ๐Ÿ”— Read more

๐ŸŽค Google has launched a pilot programme for Voice Match, a new voice confirmation feature for purchases made in Google Assistant ๐Ÿ”— Read more

๐Ÿ’ณ California based fintech payment startup Marqeta has raised $150 million in new funding from a single investor at a $4.3 billion valuation ๐Ÿ”— Read more

๐ŸŒ GoBear, a Singapore-based insurance and banking marketplace, has landed $17 million in a funding round led by existing backers Walvis Participaties and Aegon ๐Ÿ”— Read more

๐Ÿ‡ต๐Ÿ‡ฑ Polish bank Pekao has launched an app that helps children save and learn about how to manage their money ๐Ÿ”— Read more

๐Ÿ‡จ๐Ÿ‡พ Bank of Cyprus, the largest banking and financial services group in its home country, has completed a migration to HPSโ€™s PowerCard solution ๐Ÿ”— Read more

๐Ÿ‡จ๐Ÿ‡ณ ICBC is planning to add more financial and payment services through the platforms of Chinese e-commerce giant Alibaba and Alipay ๐Ÿ”— Read more

๐Ÿ‡ท๐Ÿ‡บ Russiaโ€™s Sovcombank launches online mortgage loans. Bank closed its first digital mortgage transactions last week ๐Ÿ”— Read more

๐ŸŒŽ Santander InnoVentures, the Spanish banking groupโ€™s $200 million corporate venture capital, has invested in Latin American SME lender a55 ๐Ÿ”— Read more

๐Ÿฆ  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 ๐Ÿ”— Read more

๐Ÿ‡จ๐Ÿ‡ญ The Swiss and International operations of private banking group Itaรบ Unibanco has signed extended deals with Temenos to deploy the latterโ€™s Infinity Wealth and Transact systems ๐Ÿ”— Read more

๐Ÿ“‚ 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 ๐Ÿ”— Read more

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