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Fintech

Asia/PacFintechNews Roundup
·Aug. 28, 2017

CB Insights: How Chinese Tech Giants Are Plowing into Southeast Asia

CB Insights outlines five tech giants' notable investments, partnerships and M&A moves in the Southeast Asia region; the five tech giants included in the article are Alibaba, Ant Financial, Tencent, Didi Chuxing and JD.com; the article highlights Ant Financial's investments in Singapore, Thailand, Philippines and Malaysia, as well as its strategic partnerships throughout Southeast Asia. Source

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Fintech
·Apr. 6, 2022

Here’s what financial institutions need to know to be ready for 2030

Financial institutions hoping to remain relevant must adapt to changes quickly, an IDC InfoBrief sponsored by Episode Six suggests.
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EuropeFintechNews Roundup
·Jan. 10, 2017

UK Robo Advisor Scalable Reaches New Milestone

Scalable has reached 100 million British pounds ($121.72 million) in assets under management for its robo advisory services; the firm has been averaging new business of 5 million British pounds ($6.09 million) per week and has over 2,500 customers; it offers low fees and daily investment monitoring with risk focused algorithms.  Source

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EuropeFintech
·Aug. 3, 2020

Metro Bank Acquiring RateSetter for £3M

Earlier in the summer we learned that Metro Bank was in talks with RateSetter on a possible acquisition; today, it...
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LatAm
·Apr. 11, 2023

Payments fintech Pacto raises $4M to accelerate growth in Mexico

Payments fintech Pacto raised $4M from VC investors to expand its point-of-sale software to restaurants and bars in Mexico.
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Small Business Store Front With "Come In We're Open" Sign Hanging On Window - Small Business Concept
Lending
·Apr. 26, 2023

Open data could solve America’s poorly understood SMB credit crunch

A warmer embrace of open data could solve America’s small business credit crunch, a new Codat report suggests. That is one finding from America’s SmallBusiness Credit Opportunity, a report conducted with polling from YouGov.
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Fintech
·Jul. 22, 2022

Walk it, then talk it: Thought leadership conveys authentic customer service success

Customer service-driven thought leadership in fintech is the opposite of fake news, addressing what's real in a company's efforts.
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EuropeFintechNews Roundup
·Mar. 2, 2018

A Visit to Funding Circle’s Office

City A.M. recently visited Funding Circle’s offices and highlights the stark differences from other financial institutions; the company has a relaxed office with various games typical at many startups; as the company has grown they have made sure to maintain a healthy culture which empowers employees to make decisions and be creative; Funding Circle’s co-founder James Meekings discusses workplace culture, the problems they are solving for small businesses and some of the early challenges the company when they lacked data for underwriting. Source

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Fintech
·Feb. 4, 2022

Nationwide partners ID fintech Jumio for customer onboarding upgrade

UK building society Nationwide has partnered with identity verification (IDV) platform Jumio to bolster its online account opening processes.
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EuropeFintechNews Roundup
·Sep. 29, 2017

Tandem’s Harrod Deal Include’s $13.4mn Capital Boost

When Tandem Bank acquired Harrod’s Bank in August there were three main reasons for the move; FT Alphaville reports Harrod’s had a banking license, the deal came with a $13.4mn capital injection to fund the company through to deal approval and an additional $107mn from existing investors. Source.

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