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Friday, May 7, 2021
Tags Fintech industry

Tag: fintech industry

Alipay offers boosts as Wuhan emerges from COVID-19 lockdown

Chinese mobile payment platform operated by Ant Financial – Alipay came up with initiatives to support small businesses in Wuhan as the city remerges from the lockdown period due to the COVID-19 pandemic.

$1.2 billion deal – SoFi buys fintech Galileo

Salt Lake City-based personal finance giant SoFi just announced it plans to acquire financial technology firm Galileo.

Klarna and Transferwise will join new investor platform called Cultivate

Blossom Capital’s ‘Cultivate’ is an angel program seeking to back European unicorns. Ophelia Brown from BC has described it as “the first-of-its-kind investor platform.”

Open Banking for Good: reshaping the debt management

Open banking allows financial institutions to share financial information with each other securely.

Curve launches numberless investor cards

Curve is a digital banking platform that consolidates multiple cards and accounts into one smart card and app.

Icelandic challenger bank Indó prepared to launch, securing €1 million

The Icelandic challenger called Indó just raised €1m in seed funding in three rounds, with the last one having more than 30% excess demand.

ICICI Bank launches WhatsApp banking services

ICICI Bank just announced the launch of banking services on WhatsApp. This will enable its customers to manage plenty of their banking requirements from their home.

How is COVID-19 reshaping the fintech work environment

The coronavirus pandemic is obviously having a major impact on the world economy, and although tech and digital companies, including fintechs may be in the best shape ever, they are still facing the consequences in various ways.
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Bunq exceeds €1 billion in user deposits

Dutch neobank bunq hits the billion mark in deposits and is offering German account numbers for the first time.

Leaked Revolut blog post announces Bitcoin withdrawal option

Revolut mistakenly announced that premium customers will be able to transfer Bitcoin (BTC) from the platform to external wallets.

Starling becomes second most switched-to bank in UK

Starling Bank has the most switched-to digital-only bank and the second most switched-to bank in the final quarter of 2020.

Lunar acquires Swedish Lendify

Danish Lunar Group acquires the Swedish loan and savings platform Lendify to strengthen the private loan business.