9th August 2020 - 16th August 2020
๐ฐ American Express in advanced talks to buy Softbank-backed SMB-lender Kabbage ๐ Read more
๐ฆ๐บ Revolut rolls out in Australia with financial โSuperAppโ ๐ Read more
๐ฌ๐ง Holvi pulls out of UK market after just 6 months due to Covid-19 and Brexit uncertainty ๐ Read more
๐ง BBVA is offering customers zero-touch contactless cash withdrawals from ATMs as a means to promote safety and hygiene protocols during the pandemic ๐ Read more
๐ญ๐ฐ A good start. WeLabโs new virtual bank in Hong Kong has picked up 10,000 new accounts within 10 days of opening to the public ๐ Read more
๐ธ Personally I find this one very interestingโฆ Squareโs Cash App tests new feature allowing users to borrow up to $200 and customers will be expected to pay the loan back in four weeks, along with a flat fee of 5%. ๐ Read more
๐ Last week Iโve shared the first FinTech-related master program from Canada and this week University of New South Wales (UNSW) launches 100% online postgraduate degree to prepare students for the technological revolution in finance ๐ Read more
๐ต๐ปโโ๏ธ Barclays is being investigated by the UKโs Information Commissioners Office over allegations the bank has been using computer monitoring staff to โspyโ on employees ๐ Read more
๐ณ Philadelphia-based fintech start-up cred.ai has unveiled a new banking platform for millennials, complete with a solid metal credit card, and a mission to disrupt the banking system ๐ Read more
๐จ Wirecardโs Jan Marsalek added to Interpolโs most wanted list ๐ Read more
๐ London based digital mortgage startup Habito completes ยฃ35M Series C ๐ Read more
๐ค Effi unrolls AI-powered bot for brokers. Their ย goal is to create intelligent tools to enable brokers to be productive beyond their human limitations ๐ Read more
๐ผ Berlin-based digital bank N26 is in a stand-off with employees, who met on last Thursday to organise a โworks councilโ to voice their discontent with management ๐ Read more
๐ Revolut became Europeโs most highly-valued fintech at $5.5bn at the start of this year, following rapid growth in 2019 ๐ Read more
๐ Vitesse, a fintech providing real-time cross-border payments for businesses, scores ยฃ6.6M Series A ๐ Read more
๐ช๐ฌ Egyptโs Paymob raises $3.5 million to grow merchant network, accelerate regional expansion ๐ Read more
๐ธ๐ด Somalian bank Sombank takes Islamic banking to the cloud with Temenos ๐ Read more
๐งพ Metro Bank has tapped Canadian technology firm Sensibill to introduce a new receipt management feature for business users of its mobile banking app ๐ Read more
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