Tagged: financial services

Digital Banking: C6 Bank’s Automated Platform Captures Significant Share of Brazil’s Toll Payment Market

C6 Bank‘s automatic-payment system is reportedly one of the fastest growing online platforms in Brazil. The C6 Bank began offering financial services in August 2019. The digital banking platform has introduced C6 tag, which has helped with accelerating growth for the firm. In around 2… Read More

UK’s Banking and Financial System Doesn’t Provide Good Value for Ordinary Consumers: Survey

Fintech Modulr, which supports a new digital payment account for businesses and is specifically building services for companies needing a faster, easier and more reliable way to move money, notes that when they analyzed the results from their Digital Now survey (looking at consumer “attitudes… Read More

HMBradley Is Planning to Roll Out Key Changes this Year to its Financial Services Platform

From the very beginning, HMBradley claims that it was built around you (the customer) – around the idea that personal finances should be “empowering and rewarding, every step of the way.” HMBradley wrote in a blog post that clients deserve a financial platform that’s “actually… Read More

ChargeBee, a Fintech Helping Subscription-based Firms, Says Data Sovereignty and Localization Become Critical As they Expand Globally

The team at ChargeBee notes that for the year it had to follow, 2021 had “a relatively low benchmark to beat in terms of popularity.” ChargeBee, a San Francisco-based financial services firm that’s helping subscription-based businesses stay “agile and adapt their revenue operations workflows to… Read More

Wealthtech Addepar Releases Proprietary Index, Measuring Investor Sentiment in Private Wealth Portfolios

Addepar, a U.S.-based wealth manager with $2.5 trillion of assets on its platform, has shared a report that introduces their proprietary Investor Sentiment IndexSM. As explained by Addepar, the index measures or gauges investor sentiment using “detailed portfolio-level data” from the firm’s Wealthtech platform. The… Read More

Fintech Greenlight Reports that Clients Invested $10.5M Last Year, Saved $91.9M

Fintech firm Greenlight reveals that in 2021, their clients may have learned “lifelong money lessons.” Greenlight reports $1.07 billion managed in 2021. According to the firm, this is a significant  milestone in their Greenlight story — “and yours.” The company wrote in a blog post… Read More

SaaS Banking Platform Mambu Added 64 New Partners in Past Year to Deliver Enhanced Financial Experiences

The team at Mambu, a modern SaaS banking platform, says that it has been a solid year for them. It began with the announcement of their €110 million round of funding that was led by TCV, whose investments reportedly include Netflix and Spotify, and ended… Read More

Fintech LiveFlow Introduces Feature Allowing Users to Drill Down into Reports without going back to QuickBooks

The team at London-based Fintech LiveFlow is pleased to share that they have launched a new feature which they think you’ll really love: “Drill down into your reports.” As explained in a blog post by LiveFlow, this feature allows clients to “drill into [their] financial… Read More

Cross-Border Payments Fintech WorldRemit Shares Ways to Send Funds to Consumers Without a Bank Account

The team at WorldRemit, a UK-based digital cross-border payments firm, has shared ways to send money to people who don’t have a bank account. WorldRemit writes in a blog post that for many of us, having a bank account is “an everyday thing.” And yet,… Read More

Mercury Bank Reports $19M Raised by Startups via Mercury Raise, Fintech Firm Issued Over 8,000 Debit Cards in 2021

Another year is winding down and the team at Mercury Bank has reflected on some of their “favorite” moments of 2021. Mercury Bank say they’re grateful to have had their clients with them along the way. During 2021, Mercury finalized a $120 million Series B… Read More

Ruben Salazar Genovez from Visa Direct Predicts that Demand for Digital Remittances May Continue to Rise in Post COVID World

Ruben Salazar Genovez, Global Head of Visa Direct, notes that when he was growing up in El Salvador during the 1980s, people living in “extreme” poverty were defined as those “who spend their daily purchasing power on food and still go to sleep hungry.” Now,… Read More

Digital Bank Zopa Reveals Why It’s Exiting the P2P Market, Will Focus on Operating as Virtual Banking Platform

Earlier this month, the team at digital bank Zopa made an important update regarding the future of their peer-to-peer business. After 16 years of handling P2P investments at Zopa, the team has taken the decision to close down their retail investing business (something similar to… Read More

Viola Money Ltd has Entered Administration

On 21 December 2021, a special administration order was reportedly made by the Court in relation to Viola Money “under the Payment and Electronic Money Institution Insolvency Regulations 2021.” The Viola Money website explains its service as follows: Since 2012, we have been providing simple,… Read More

Israeli Venture Group Team8 Extends Relationship with Deloitte to Support Tech Development for Financial Services

Team8, an Israeli venture group, recently revealed that it is extending its existing relationship with Deloitte to support the development of various technologies for financial services. Deloitte and Team8 will aim to lower the common risks associated with startups via early engagement with clients. As… Read More

Workforce Payments Platform Branch Is Working with HR, Payroll, Compliance Software Firm Greenshades

At workforce payments platform Branch, the firm claims that they love partnerships, especially with companies that share “a commitment to financial inclusion.” That’s why they’re really pleased to confirm that they’re working with HR, payroll, and compliance software Greenshades to offer fee-free financial services to… Read More

Lending Works Is Now Using Experian Data to Accelerate Growth Without Compromising on Credit Standards, CEO Reveals

Nicholas Harding, Co-founder and CEO at Lending Works, noted that he established the firm with help from Matthew Powell,  Co-founder and CFO, back in 2014. Harding explains that they believed that technology could “transform customer experience in financial services.” Their aim was to “deliver this… Read More

UK based Digital Bank Starling Provides Update on Women in Finance Charter, Firm Reports 2.5M+ Customer Accts

UK’s digital banking platform Starling Bank has provided some end-of-year updates. As we look ahead to 2022, Starling Bank notes that diversity is at “the heart” of their company. They believe that “regardless of who you are, it is your knowledge, skills and experience that matter.”… Read More

Singapore Now Home to Over 370 PE and VC Managers, as Digital Economy and Embedded Finance Become Widely Adopted

Mr Leong Sing Chiong, Deputy MD at the Monetary Authority of Singapore (MAS), noted (during the annual IBF Distinction Evening program) that every year, the financial services industry gathers to “recognize those who have reached the pinnacle of their professions, and those who have contributed significantly… Read More

Digital Transformation: Bank Indonesia Introduces Fast Payment System to Accelerate Digitalization

Bank Indonesia has introduced the Bank Indonesia Fast Payment (BI-FAST) system virtually, entitled “Payment System Digital Transformation to Accelerate National Economic Recovery.” BI-FAST is described as a payment system infrastructure offered by Bank Indonesia and accessible via applications offered by the payment system industry “to… Read More

Investree and Netbank to Increase Support for SMEs in the Philippines

Investree reveals that it has strengthened its commitment to support the development of SMEs across the Philippines by working cooperatively with Netbank, a banking as a service platform in the Southeast Asian country that offers “low-cost and high-quality banking services.” Via the collaboration, Netbank allocated… Read More

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