Digital Banking Weekly #62

🇬🇧 Monzo Business reaches 50,000 customers 🔗 Read more

🇪🇸 Spanish multinational banking giant Santander has announced its fintech venture capital arm Moura Capital will now be managed more independently 🔗 Read more

🇬🇧 Allica Bank plans £100m funding round after £26m injection 🔗 Read more

🇸🇪 SEBx, the innovation arm of major Swedish bank SEB, has offered a first look at Unquo, a hybrid personal and business charge card 🔗 Read more

🇺🇸 Chime raised $485 million on Series F and now worth $14.5 billion and eyes IPO by 2021 🔗 Read more

🌎 Challenger bank Jefa aims to unbanked women in Latin America 🔗 Read more

🇩🇪 German fintech lender Monedo files for bankruptcy 🔗 Read more

🌐 Swift has announced a new 2-year strategy that sees it expand beyond financial messaging and into transaction management services 🔗 Read more

🇦🇴 National Bank of Angola (BNA) and Beta-i, an innovation consultancy, have joined forces to create the first fintech regulatory sandbox in the nation 🔗 Read more

🇺🇸 The American government is banning the use of Chinese app WeChat for the transfer of funds or processing payments within the US 🔗 Read more

🇦🇺 Australian startup Cape is preparing to launch a corporate credit card powered by Open Banking technology early next year 🔗 Read more

🇩🇰 Subaio, a Danish subscription manager, has launched with its first banking client outside the Nordics: Netherlands-based ABN AMRO 🔗 Read more

💚 The Partnership for Carbon Accounting Financials (PCAF) is launching a coalition aimed at the promotion of measuring and disclosing carbon emissions in the UK financial services industry 🔗 Read more

📱 Building Westpac’s new mobile banking app from the ground up in two year, long journey covered in official Westpac blog 🔗 Read more

💸 Klarna has closed its $650 million in an equity funding round, at a post money valuation of $10.65 billion 🔗 Read more

🇺🇸 Envel, a Boston-based challenger bank calling itself “the world’s smartest bank account”, has announced its plans to launch this Autumn 🔗 Read more

🇹🇷 A new report, published in September 2020, byChainalysis says that Turkey is the undisputed cryptocurrency king in the middle-east region and also accounts for the highest total transaction volume in the region 🔗 Read more

🇱🇧 areeba has partnered with payment technology provider Wallet Factory to enable mobile payments in Lebanon by introducing Zaky, the new mobile payment platform 🔗 Read more

💳 Apple ended its partnership with Barclays as it looks to take more control of its financing offerings 🔗 Read more

📃 Google's vision for the future of bank marketing, AI, data and brand 🔗 Read more