UK’s ThinCats Explains How it Leverages its Credit Risk Model to Gain Insights into SMEs Operations by Omar Faridi

Checkout.com Exec Reveals that Payments Data Provides Immense Utility for Businesses

The team at Checkout.com says that 2022 looks set to be a “defining year” for digital payments and commerce, with the “exponential” growth seen in recent years expected to continue. Checkout.com, which has become the most valuable Fintech after finalizing a massive $1 billion funding… Read More

Prolific Fintech Investor QED Hires Executives to Boost Africa Presence

QED Investors has hired two new executives to boost its presence in Africa. QED is one of the most prolific Fintech investors in the world. Founded by Nigel Morris and Frank Rotman in 2007, QED’s timing was just about perfect enabling it to benefit from… Read More

Following News of Bank Charter Approval, Shares in SoFi Move Higher

Yesterday, SoFi Technologies (NASDAQ:SOFI) received positive news as the Office of the Comptroller of the Currency (OCC) approved its bank charter license. The conditional approval enables SoFi to operate SoFi Bank as part of its previously announced acquisition of Golden Pacific Bancorp, a regional bank… Read More

UK’s Digital Bank Zopa Reaches £1B in Customer Savings

Today, the team at digital bank Zopa is “incredibly proud” to announce that their customers have trusted them with over £1 billion of their “hard-earned” savings. In an update shared with Crowdfund Insider, Zopa‘s management noted that their award-winning Zopa Fixed Term Savings Account offers… Read More

Overfunding: Bank North, a Fintech enabled Banking Platform, Acquires £1.55M+ from 486 Investors via Crowdcube

Bank North, a Fintech-enabled bank, which will combine cloud-native tech with the trust of face-to-face relationship banking with the “aim of disrupting the £150bn UK SME lending market,” has secured 114% (£1,552,134) of its £1,350,000 target from 486 investors (at the time of writing) with… Read More

Fintech Apps Are Becoming Widely-Adopted, so easyMoney Introduces its Own App for Clients

The team at UK’s investment platform easyMoney notes that the use of Fintech apps is increasing steadily across the globe. That’s why they decided to also launch their own app for their customers. The company wrote in a blog post that half of easyMoney investors… Read More

Climate Tech Firm that Works with Banks Doconomy Raises $19 Million

Doconomy has raised $19 million in an equity round led by CommerzVentures. Doconomy is a climate tech firm that helps banks, brands, and consumers to measure and reduce their environmental impact. Other backers include two new investors, Ingka Investments, part of the largest IKEA retailer… Read More

Philippines based Netbank Introduces a Payments Service to Support Digital Commerce

Netbank, the banking as a service platform, has introduced a service that allows international payment firms to support various transactions in the Philippines. As mentioned in an update shared with CI, the Philippines has a fast-growing international trade market. Global trade in goods has has… Read More

Indian Fintech Unicorn RazorPay Introduces Automated Tax Solutions for Businesses

The team at Razorpay asks whether you’re aware of what’s one of the things that’s quite common among all Indian startup founders and business owners. According to Razorpay, they tend to struggle when managing tax and compliance payments. And, if you’ve just started your business,… Read More

MAS Managing Director Menon to Lead 105-Member Network for Greening the Financial System

The Network for Greening the Financial System (NGFS) this week announced the appointment of the Monetary Authority of Singapore’s (MAS) managing director Ravi Menon as their new chair. He will serve for a two-year term. Formed at the Paris One Planet Summit in December 2017 by… Read More

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