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Fintech
Australian challenger Avenue lands restricted banking licence
Australian digital business bank Avenue has become one of the first companies to receive a restricted banking licence…
SEC threatens suit over Coinbase crypto lending product
The Securities and Exchange Commission (SEC) has warned it may sue crypto exchange Coinbase if it goes ahead with a…
TruePay, BankiFi, Aurelia, Jeff & more
At FinTech Futures, we know that it can be easy to let funding announcements slip you by in this fast-paced industry.…
PayPal increases transaction fees between UK and Europe
PayPal is raising fees for transactions between UK and European businesses from November 2021, the company has said.…
Trade surveillance fintech Eventus secures $30m Series B funding
Trade surveillance and transaction monitoring platform provider Eventus has closed a $30 million Series B funding…
PayPal acquires Japanese BNPL unicorn Paidy in $2.7bn deal
PayPal has agreed to acquire Japanese buy now, pay later (BNPL) firm Paidy in a deal worth $2.7 billion.
PayPal sees…
Hoddle hires former FCA man Gidla as new chief operating offer
UK savings app Hoddle has hired a new executive from the Financial Conduct Authority (FCA).
Gidla spent three years…
Digital challenger Varo Bank lands $510m in Series E funding round
San Francisco-based digital bank Varo has raised $510 million in a Series E funding round led by Lone Pine Capital.…
Globalisation, crypto and the new cold war
I am continuing with my series of “big things that matter”. This week, I turn to globalisation.
Understanding more…
Live Oak Bank switches retail and commercial accounts to Finxact core
North Carolina-based lender Live Oak Bank has gone live on a new core banking system from Finxact.
Live Oak Bank is…