Cameron Winklevoss steps down as director; & more!
Welcome to?your?daily?FinTech?news!
In case you missed it, please see below today's most relevant news, or tune in to our?Daily Fintech Podcast?here.?
NEWS HIGHLIGHT
Cameron Winklevoss steps down as director. Winklevoss ceased to be a director of the UK-incorporated Gemini Europe, the wider company’s European arm, on 12 October. Link here
INSIGHTS
Goldman Sachs CEO is undoing some moves. He is embarking third major reorganization in just four years as CEO, undoing some of the signature moves he made as recently as 2020. Link here
Singaporeans still visit ATMs and Branches. An inaugural national survey on digital inclusion and resilience found that three in four Singaporeans use ATMs several times a month. Link here
From the smallest seeds - OakNorth talks sustainability in Fintech. Kimberley Waldron host of The Future of Banking sits down with Hugh Shannon, the Head of Sales & Customer Success at OakNorth and is based in NYC. Hugh spent 7y at Lazard. Link here
FINTECH NEWS
Solarisbank executive joins Coinbase. Daniel Seifert has joined Coinbase as vice president and regional managing director EMEA, as Coinbase plans an assault on Europe amid fears of further turbulence in the global crypto market. Link here
Ex-Meta VP becomes Stripe’s head of revenue. Sharma stepped down from his role as VP of Meta’s virtual reality social platform Horizon Worlds a few months ago. Link here
DIGITAL BANKING NEWS
BNY Mellon facilitates a payment transaction between Egypt and China. The payment from Egypt to China is the latest milestone in BNY Mellon's commitment to streamline and transform global payments. Link here
India launches 75 digital banking units. The digital banking units are brick-and-mortar outlets that are equipped with tablets and internet to help individuals and small businesses. Link here
Société Générale to operate digital assets services. France's third-biggest bank, quietly obtained regulatory approval to operate as a digital asset service provider in the country last month. Link here
领英推荐
NAB launches NAB Easy Tap. This new solution allows small businesses to accept contactless payments when customers tap their card on an eligible device. Link here
PARTNERSHIPS
Allpay boosts financial inclusion. They have joined forces with Salt Edge, a leader in Open Banking solutions, to provide clients with a seamless payment experience. Link here
Finom expands its offerings with Salt Edge. The company is leveraging possibilities for its customers, making the innovation more secure and allowing customers to share account information. Link here
M&As
Endowus acquires Carret Private. With the acquisition, they aim to bring its advisory services and investment solutions to the private wealth market in Hong Kong. Link here
Q2 Holdings acquires Sensibill. Sensibill's machine learning platform enables financial institutions to capture and categorize granular spending details. Link here
BNP Paribas to acquire Kantox. This UK currency risk management company’s software solution helps companies automate their entire foreign exchange workflow. Link here
Ualett raises a $50m credit line through a new partnership with Thiele Capital Management. This fresh capital will enable Ualett to expand its services across the US. Link here
Maplerad raises $6 million. The app started by helping users make international payments. However, it has since shifted into a self-described all-in-one finance product. Link here
This ends?Your?Daily?Fintech?News. Let me know if there are any questions or comments. Until the next!
Regards,
Marcel van Oost