Digital Banking Weekly #70
8th November 2020 - 15th November 2020
- Italian challenger bank AideXa has raised over €45 million
- Railsbank raises $37 million growth funding led by MiddleGame Ventures and Ventura Capital
- The Central Bank of Turkey announced a new instant-payment system: FAST
- Nigerian challenger bank Kuda raises $10 million
- Good read: An introduction to Embedded Finance
- PayPal launches P2P payments tool in collaboration with American Express
- Santander plans to cut 14% of jobs, third of branches in Spain
- Ripple chooses Dubai International Financial Center for regional headquarters
- Lebanon preparing Central Bank Digital Currency for 2021 rollout
- Truebill raises $17m for PFM app
- Goldman Sachs in talks to acquire Trading Technologies for a $500 million
- Apple Pay becomes a must-have payment option for banks
- Visa rolls out Fintech Partner Connect program
- BBVA puts more money (€4 million) into biometrics JV Veridas
- Standard Chartered has signed a five-year deal with Amazon Web Services (AWS)
- Singaporean fintech giant Grab has led a $100 million Series B funding round into Indonesian e-wallet firm LinkAja
- Banco Santander's VC arm invests in Spanish proptech Clikalia
- Sber talks Big Tech strategy two years on from Yandex rebuff
- New wealth management app Fortu plans crowdfunding campaign
- Open banking connectivity firm Yapily is expanding from the UK to Germany
