Welcome to?your?daily?FinTech?news!
- The world’s 6th largest financial institution, JPMorgan Chase counts $3.386 trillion in assets, a 26% yearly increase between 2019 and 2020. It has since taken over the UK.-based HSBC Holdings PLC as well as French BNP Paribas. C-Innovation?takes a look on?JPMorgan Chase & Co.?Notable Acquisitions and Investments.Read it here
- Credit Kudos, a UK open banking startup that helps lenders make better decisions, has been acquired by US tech giant?Apple. Link here
- Anne Boden, CEO and founder of?Starling Bank, said that as banking continued to shift online, a post office or a “shared branch network” would deliver face-to-face services to those that wanted it. Link here
- Canada finally has its open banking lead.?PwC?Canada digital banking director?Abraham A. Tachjian?has been chosen to kickstart open banking efforts in the country, BetaKit has learned. Link here
- Australian FinTech start-up?Cape?has raised $3.1m in pre-seed funding from backers including Mercury Capital’s principal partners Clark Perkins and Ben Hawter, Investible, and a bevy of angel investors including Stripe’s regional start-up lead?Tom Richardson?and a bunch of early Atlassian employees. Read it here
- ChargeAfter - The Buy Now Pay Later Platform, a NYC-based Buy Now Pay Later (BNPL) consumer financing network, raised $44M?in Series B funding. Link here
- OpenPayd, a payments and banking-as-a-service platform, has struck a deal with?Caxton, to speed up the UK fintech’s payment processing. Link here
- The Nordic-based payment service provider?Avarda?chose European open banking leader?Aiia, a?Mastercard?company, to enable open banking payments through its white-label payment solutions for a wide range of retailers and merchants. Link here
- PayPal?and?Venmo?are introducing a flat-fee structure on cryptocurrency trades of up to $200 in an effort to remove the "complexity of percentage-based calculations for the consumer." Link here
- The Argentinian Financial Information Unit (UFI)?anti-money laundering regulator is reportedly working to force cryptocurrency firms to report their movements. Link here
- Buy Now Pay Later startups in Latin America could provide a way for lenders to finally reach the underbanked, in a region where the share of adults without significant use of a bank account averages around 50%. Link here
- In an interview with?Gulf News,?Hamad Buamim, President and CEO of?Dubai Chamber of Commerce & Industry, discusses on how UAE and Latin America can engage in a win-win economic alliance. Link here?
- Berlin-based?embedded/capital, a new fintech venture capital firm, announced their first fund to help the next generation of fintech founders with a total value of more than €100M. Link here
- Anonymous VC review site Landscape has published the first list of the top 20 seed investors in Europe, based exclusively on feedback from founders. Link here
- iink Payments, a Tampa, FL-based provider of digital payments network, raised $2.8M in Seed funding. Link here
- finally, the fintech startup whose mission is to help small businesses automate their accounting and finance functions, announced a $95 million Series A, including both equity and debt. Link here
- Bolt?and?Fanatics, Inc. are announcing a multiyear partnership whereby Bolt One-Click Checkout will soon power Fanatics’ owned, affiliate, and partner ecommerce sites. Link here
- Toqio, the leading European Fintech SaaS (Software-as-a-service) company has announced its official launch in Spain. Link here
This ends?Your?Daily?Fintech?News. Let me know if there are any questions or comments. Until the next!
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3 年Thanks for sharing