https://www.finextra.com/ The Latest Financial IT Start-ups Headlines Copyright 2023 Finextra Research Ltd en-GB contact@finextra.com (Finextra Contact) https://www.finextra.com https://www.finextra.com/finextra-images/site/finextra.png https://www.finextra.com/newsarticle/42378/sam-altmans-worldcoin-project-raises-115m?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/42378/sam-altmans-worldcoin-project-raises-115m?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 26 May 2023 15:00:00 GMT Sam Altman's Tools for Humanity has raised $115 million for Worldcoin, its effort to build an identity and financial network by giving away free crypto tokens to people who agree to get their irises scanned. https://www.finextra.com/newsarticle/42374/klarna-halves-losses-expects-a-return-to-profit?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/42374/klarna-halves-losses-expects-a-return-to-profit?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 26 May 2023 10:24:00 GMT Klarna is on track to return to profit before the end of 2023, as the company’s first quarter results show the fintech has halved its losses. https://www.finextra.com/newsarticle/42367/monzo-founder-blomfield-joins-y-combinator?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/42367/monzo-founder-blomfield-joins-y-combinator?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 25 May 2023 09:55:00 GMT Monzo founder Tom Blomfield has joined startup accelerator and venture capital firm Y Combinator as a group partner. https://www.finextra.com/newsarticle/42356/plenty-launches-fintech-platform-for-millennial-couples?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/42356/plenty-launches-fintech-platform-for-millennial-couples?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 24 May 2023 00:01:00 GMT Plenty, a financial platform that helps couples discuss, manage and invest their money, has raised $2.75 million in pre-seed capital. https://www.finextra.com/newsarticle/42357/qed-raises-almost-1-billion-for-fintech-funding?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/42357/qed-raises-almost-1-billion-for-fintech-funding?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 23 May 2023 17:07:00 GMT Global fintech venture capital firm QED Investors has closed two new funds with combined capital commitments of $925 million. https://www.finextra.com/newsarticle/42353/lgbtq-banking-startup-daylight-shuts-down?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/42353/lgbtq-banking-startup-daylight-shuts-down?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 23 May 2023 14:25:00 GMT Daylight, a digital banking app built for America's LGBTQ+ community, is shutting down weeks after three former employees filed a lawsuit against the startup. https://www.finextra.com/newsarticle/42335/revolut-faces-reported-rejection-for-a-uk-banking-license?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/42335/revolut-faces-reported-rejection-for-a-uk-banking-license?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 19 May 2023 11:13:00 GMT The Bank of England is planning to reject Revolut’s long-standing application for a banking license in the UK, according to the Telegraph. https://www.finextra.com/newsarticle/42317/gohenrys-co-founder--coo-on-keeping-course-under-acquisition-and-expansion?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/42317/gohenrys-co-founder--coo-on-keeping-course-under-acquisition-and-expansion?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 19 May 2023 08:00:00 GMT Louise Hill, co-founder & COO of the children’s financial education app, GoHenry, recently sat down with Finextra to discuss developing financial resilience at a young age and their recent acquisition. https://www.finextra.com/newsarticle/42327/regtech-startup-amlyze-snags-1-million-pre-seed-investment?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/42327/regtech-startup-amlyze-snags-1-million-pre-seed-investment?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 18 May 2023 09:34:00 GMT Vilnius-based RegTech startup Amlyze, has concluded a $1 million pre-seed investment round led by Practica Capital, with participation from Lithuania's Firstpick accelerator and venture capital fund. https://www.finextra.com/newsarticle/42325/bofa-launches-fintech-accelerator?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/42325/bofa-launches-fintech-accelerator?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 18 May 2023 00:01:00 GMT Bank of America is launching a fintech accelerator that aims to attract entrepreneurs from underrepresented communities. https://www.finextra.com/newsarticle/42313/group-payments-startup-hands-in-raises-550k?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/42313/group-payments-startup-hands-in-raises-550k?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 16 May 2023 00:01:00 GMT Hands-In, a payments startup that lets groups split the cost a basket at online checkouts, has raised $550,000 from a host of industry players. https://www.finextra.com/newsarticle/42302/fintech-scotland-doubles-down-on-data-to-invigorate-fintech?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/42302/fintech-scotland-doubles-down-on-data-to-invigorate-fintech?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 12 May 2023 10:53:00 GMT Nicola Anderson, CEO of Fintech Scotland, discussed the developments at the organisation and future developments in the Scottish fintech sector. https://www.finextra.com/pressarticle/97004/climate-fintech-pyrpose-raises-1-million?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/97004/climate-fintech-pyrpose-raises-1-million?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 25 May 2023 13:57:00 GMT Pyrpose, a breakthrough climate finance platform which connects climate conscious consumers directly with climate innovators to reduce future carbon emissions, is looking to accelerate its growth trajectory after announcing today that it has completed its fundraise. https://www.finextra.com/pressarticle/96987/calgary-opens-digital-commerce-competition-to-all-canadian-fintechs?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/96987/calgary-opens-digital-commerce-competition-to-all-canadian-fintechs?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 24 May 2023 16:50:00 GMT The second annual Digital Commerce Calgary Fintech Award presented by Digital Commerce Bank and Platform Calgary is expanding across Canada. https://www.finextra.com/pressarticle/96963/open-source-risk-decisioning-startup-ballerine-raises-5-million-in-seed-financing?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/96963/open-source-risk-decisioning-startup-ballerine-raises-5-million-in-seed-financing?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 23 May 2023 16:30:00 GMT Ballerine, an open-source risk decisioning platform, has raised $5 Million in a seed funding round led by Team8. The company provides an open-source platform that integrates global data sources, along with the necessary tools to automate and enhance decision-making processes for tasks such as onboarding (KYB), underwriting, and transaction monitoring. https://www.finextra.com/pressarticle/96940/vernost-group-launches-acquiring-platform-vepay-with-5-million-investment?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/96940/vernost-group-launches-acquiring-platform-vepay-with-5-million-investment?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 23 May 2023 10:13:00 GMT Vernost Group, a leading technology solutions provider, announced the launch of its highly anticipated VePay Payments Acquiring and Orchestration technology today. https://www.finextra.com/pressarticle/96932/fintech-chiefs-debate-the-future-of-uks-digital-economy-in-parliament?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/96932/fintech-chiefs-debate-the-future-of-uks-digital-economy-in-parliament?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 23 May 2023 09:25:00 GMT Fintech industry leaders warned of the risks posed by AI and ChatGPT last night as well as discussing the role automation and digital skills will play in the driving economic growth. https://www.finextra.com/pressarticle/96904/pyor-raises-4-million-to-scale-digital-asset-buinsess?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/96904/pyor-raises-4-million-to-scale-digital-asset-buinsess?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 18 May 2023 15:51:00 GMT PYOR (Power Your Own Research), a pioneer in enabling high-fidelity data and insights for the digital assets industry, today announced $4 million USD of funding in its seed round. https://www.finextra.com/pressarticle/96883/rfi-foundation-sets-innovation-challenge-for-fintech-companies-working-on-the-blue-economy?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/96883/rfi-foundation-sets-innovation-challenge-for-fintech-companies-working-on-the-blue-economy?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 17 May 2023 14:13:00 GMT RFI Foundation is excited to announce a competition to find technology companies working on the blue economy whose products can be used by financial institutions to increase their financing of the blue economy. https://www.finextra.com/pressarticle/96870/bitcoin-company-river-raises-35-million?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/96870/bitcoin-company-river-raises-35-million?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 16 May 2023 15:46:00 GMT River, a Bitcoin technology and financial services startup, announced today a $35 million equity round. https://www.finextra.com/pressarticle/96861/smb-financial-platform-vault-launches-in-canada?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/96861/smb-financial-platform-vault-launches-in-canada?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 16 May 2023 14:03:00 GMT Vault, the all-in-one online financial platform for small-to-medium sized business (SMBs), announces its official launch and widespread availability across Canada. https://www.finextra.com/pressarticle/96856/aazzur-receives-investment-from-tyr-ventures?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/96856/aazzur-receives-investment-from-tyr-ventures?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 16 May 2023 13:53:00 GMT Berlin-based AAZZUR is pleased to announce its recent investment from Tyr Ventures, an early-stage venture capital firm based in Sierra Madre, CA. https://www.finextra.com/pressarticle/96854/visa-inducts-seven-new-startups-into-asia-pacific-accelerator?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/96854/visa-inducts-seven-new-startups-into-asia-pacific-accelerator?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 16 May 2023 13:44:00 GMT Visa, a world leader in digital payments, today announced seven new startups it will partner as part of its Visa Accelerator Program in Asia Pacific. https://www.finextra.com/pressarticle/96810/dream-exchange-the-first-majority-black-owned-stock-exchange-in-the-us-gears-up-for-launch?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/96810/dream-exchange-the-first-majority-black-owned-stock-exchange-in-the-us-gears-up-for-launch?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 11 May 2023 15:52:00 GMT Dream Exchange, the first majority black-owned stock exchange in America's history, is gearing up for launch amidst a rapid decline in public companies, with smaller and mid-sized IPOs being almost non-existent. https://www.finextra.com/videoarticle/2884/removing-barriers-and-addressing-inclusion-for-fintech-growth?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2884/removing-barriers-and-addressing-inclusion-for-fintech-growth?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 19 Apr 2023 16:59:00 GMT Speaking at Innovate Finance Global Summit 2023, Janine Hirt, CEO, Innovate Finance, discusses FinTech's impact on the economy and society at large. She gives her outlook on the investment landscape, regulation and what more needs to be done to encourage a more diverse, inclusive Fintech culture. https://www.finextra.com/videoarticle/2881/embedded-finance-who-is-leading-the-payments-revolution?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2881/embedded-finance-who-is-leading-the-payments-revolution?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 19 Apr 2023 15:04:00 GMT Dr Kay Swinburne, Vice Chair, Financial Services, KPMG, speaks at Innovate Finance Global Summit 2023 about the biggest trends across the UK fintech landscape today, who is leading the charge, the risks that come with new payment trends, and where cash fits in. https://www.finextra.com/videoarticle/2880/innovation-in-times-of-uncertainty-what-todays-economic-environment-means-for-fintech?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2880/innovation-in-times-of-uncertainty-what-todays-economic-environment-means-for-fintech?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 19 Apr 2023 14:46:00 GMT Speaking at Innovate Finance Global Summit 2023, Gurdeep Singh Kohli, SC Ventures, Standard Chartered, discusses how innovation and resilience can become a catalyst for business growth, and highlights the importance of partnerships to reach this level of innovation. https://www.finextra.com/videoarticle/2877/game-of-loans---are-neobanks-still-challenging?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2877/game-of-loans---are-neobanks-still-challenging?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 18 Apr 2023 15:19:00 GMT Speaking at Innovate Finance Global Summit 2023, Mark Mullen, CEO, Atom Bank, discusses fintech's beginnings, how it's maturing and what is happening now for neo banks as they embrace new areas of innovation. https://www.finextra.com/videoarticle/2875/weathering-the-fintech-winter-and-beyond?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2875/weathering-the-fintech-winter-and-beyond?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 18 Apr 2023 12:30:00 GMT Speaking at Innovate Finance Global Summit 2023, Jaidev Janardana, CEO, Zopa, discusses the key impacts of fintech over the years, what's on the horizon, and how the sector has evolved, particularly during the so-called 'fintech winter.' https://www.finextra.com/videoarticle/2830/the-opportunities-found-in-new-regulations-aimed-at-helping-nature-recovery?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2830/the-opportunities-found-in-new-regulations-aimed-at-helping-nature-recovery?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 12 Jan 2023 15:49:00 GMT Speaking in Finextra’s PREDICT 2023 Series, Jessica Smith, Nature Lead, UNEP Finance Initiative, shares her optimism for 2023 following COP15: The UN Biodiversity Conference. She considers how Target 19 will mobilize $200bn per year to help fund biodiversity strategies by 2030 and predicts what FIs and tech companies can do to meet the new Paris-level agreement for nature while benefiting from its opportunities. https://www.finextra.com/videoarticle/2714/money-2020-bank-of-america-innovation-is-key-to-our-dna?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2714/money-2020-bank-of-america-innovation-is-key-to-our-dna?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 24 Jun 2022 10:21:00 GMT Natalie Willems Rosman, Head of EMEA Merchant Services, Bank of America, speaks at Money 20/20 about how global banks are working with fintech's today and how this is having an impact on the payments space, what merchant services entails and why companies should consider implementing those solutions as part of their payments processes. https://www.finextra.com/videoarticle/2708/money-2020-what-challenger-banks-can-learn-from-their-predecessors?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2708/money-2020-what-challenger-banks-can-learn-from-their-predecessors?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 22 Jun 2022 12:00:00 GMT Andy Ellis, CEO of Mettle & Head of Digital Assets at Natwest, speaks at Money 20/20 about the lessons challenger banks can learn from their predecessors, what new challenges challenger banks face today and the type of opportunities for collaboration that present themselves in the future. https://www.finextra.com/videoarticle/2704/money-2020-how-fintech-can-bring-the-b2c-experience-into-the-b2b-space?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2704/money-2020-how-fintech-can-bring-the-b2c-experience-into-the-b2b-space?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 20 Jun 2022 14:20:00 GMT Steve Whiting, Head of Payment Technology, Soldo, speaks at Money 20/20 about how fintech can bring the B2C experience into the B2B space, where embedded finance fits in, and how the modern finance department can help beat the great resignation. https://www.finextra.com/videoarticle/2693/money-2020-building-scale-ups-successfully-with-ing?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2693/money-2020-building-scale-ups-successfully-with-ing?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 16 Jun 2022 12:30:00 GMT FinextraTV catches up with Olivier Guillaumond, Global Head of Innovation Labs & Fintechs at Money 20/20 to discuss how collaboration between banks and fintech has evolved to benefit the customer, the challenges of building scale-ups, how these challenges can be met, and the difference between the ING Labs. https://www.finextra.com/videoarticle/2692/money-2020-seizing-what-the-global-financial--digital-infrastructure-has-to-offer?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2692/money-2020-seizing-what-the-global-financial--digital-infrastructure-has-to-offer?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 16 Jun 2022 12:20:00 GMT Daria Dubinina, CEO, Crassula, speaks at Money 20/20 about the impact of economic turbulence on fintech trends, the challenges BaaS providers & FinTech companies are facing when launching new projects, how to address these challenges, and what the global financial and digital infrastructure can offer players. https://www.finextra.com/videoarticle/2677/ebaday-2022-the-transition-of-payments-back-from-commodity-to-disruptor?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2677/ebaday-2022-the-transition-of-payments-back-from-commodity-to-disruptor?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 10 Jun 2022 13:54:00 GMT Ekkehard Preis, Head of Banking Operations, Erste Group Bank AG, speaks at EBAday 2022 about how the place of payments as a steady provider of income for banks is being disrupted, and whether fintech is a threat or really a catalysator for the change that is happening now. https://www.finextra.com/videoarticle/2651/virgin-moneys-outlook-for-fintech-innovation--the-digital-banking-space-in-australia?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2651/virgin-moneys-outlook-for-fintech-innovation--the-digital-banking-space-in-australia?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 27 May 2022 10:25:00 GMT Chris Sozou, GM, Digital Transformation & Partnerships, Virgin Money Australia, speaks at TCF 2022 about fintech innovation and the digital banking space in Australia. We hear about what makes Virgin Money Australia stand out from the rest and the benefits gained from going live on Temenos Banking Cloud. https://www.finextra.com/featurearticle/2711/fintech-vs-banking-who-will-win-the-deposit-war?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/featurearticle/2711/fintech-vs-banking-who-will-win-the-deposit-war?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 08 Mar 2023 10:13:00 GMT Watch this webinar on how traditional banks should ‘remix’ their portfolio and partner with fintech firms to deliver refined services. https://www.finextra.com/featurearticle/2636/mainframe-modernisation-overcoming-hurdles-to-achieve-agility?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/featurearticle/2636/mainframe-modernisation-overcoming-hurdles-to-achieve-agility?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 27 Apr 2022 14:42:00 GMT For mainframe modernisation to be successful, financial institutions must remedy industry challenges that have permeated the space for several years. https://www.finextra.com/featurearticle/2627/embedded-banking-the-future-of-unbundling?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/featurearticle/2627/embedded-banking-the-future-of-unbundling?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 29 Mar 2022 14:24:00 GMT Facing an existential crisis, banks must ensure their digital banking channels are fit for purpose or risk losing their SME customers. https://www.finextra.com/featurearticle/2588/augmenting-the-credit-lifecycle-with-automation?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/featurearticle/2588/augmenting-the-credit-lifecycle-with-automation?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 21 Sep 2021 09:36:00 GMT Join us on-demand as our panel of industry experts explore how creditors can streamline the lending process – both for the benefit of clients and their own office – through automation and digitalisation. https://www.finextra.com/featurearticle/2585/creating-a-skill-development-programme-aligned-to-strategic-planning?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/featurearticle/2585/creating-a-skill-development-programme-aligned-to-strategic-planning?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 09 Sep 2021 12:23:00 GMT Creating an efficient skill development programme that is aligned with strategic workforce planning is no easy feat. https://www.finextra.com/banners/banner.aspx?opt=ad&baid=7181 https://www.finextra.com/banners/banner.aspx?opt=ad&baid=7181 Tue, 16 May 2023 00:00:00 GMT [Upcoming Webinar] Payments Modernisation: How banks are hitting refresh