Non-bank competitors

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/inclusion

Accenture encourages women to apply for 2020 Fintech Innovation Lab

Today Accenture opens up applications for its eighth Fintech Innovation Lab London. In addition to the Lab’s overall goal of helping fintechs from all areas and backgrounds to excel, this year Accenture is also aiming to improve the number of female founders taking part in an effort to narrow the gender gap in fintech.

/retail

Google exec joins N26 as chief banking officer

N26 today announced the appointment of Thomas Grosse as Chief Banking Officer. The newly introduced role is yet another step towards realizing N26’s ambition to become the first truly global and fully digital retail bank. As Chief Banking Officer, Thomas will oversee the set-up of regulated N26 banks and bank partnerships within the N26 Group, thus ensuring the highest standards in product, processes and customer experience across all markets.

/retail

Australian neobank appoints John Pountain as CTO

Xinja Bank, an independent Australian neobank built from the ground up  for mobile, has appointed John Pountain Chief Technology Officer.

/Non-bank competitors

N26 makes mobile transfers available to UK users

N26, Europe’s largest digital bank, has introduced MoneyBeam for its UK users, allowing them to send money instantly to fellow N26 users.

/Non-bank competitors

APAC mobile wallet market to exceed $140bn by 2024 - report

Global APAC Mobile Wallets Market is set to grow from its current market value of more than $35 billion to over $40 billion by 2024; according to a new research report by Global Market Insights, Inc.

/Non-bank competitors

Marqeta and CashFlows form European partnership

Marqeta, the leading global modern card issuing platform, announced a new partnership today with CashFlows, a consolidated business payment services provider, to provide BIN sponsorship services for its rapidly growing roster of European fintech customers.

/retail

Research casts doubt on future of high street banking

A quarter of the UK (25%) believe the high street bank will be ‘dead’ in five years, according to new research conducted by Contis, the banking and payments solution provider.

/Non-bank competitors

Pannovate and Bankingblocks join forces to offer platform for neobanks

Successful banking disruptor Bankingblocks and smart solutions provider Pannovate Limited have partnered to bring to market a complete banking solution for neo and challenger banks.

/Non-bank competitors

Cass Business School teams up with universities for startup lessons

Cass Business School, in partnership with the University of Oxford and Bocconi University, have this week launched Strategy Insight Lab, a three-month business support programme for UK based microbusinesses and start-ups.

/Non-bank competitors

OnDeck creates subsidiary to work with banks

OnDeck® (NYSE: ONDK), the leader in online lending to small business, today introduced ODX, a new company that will focus on helping banks digitize their small business lending process. ODX will operate as a wholly-owned subsidiary of OnDeck.

/Non-bank competitors

Big tech to take slice of banks' retail market: Moody's

Global technology firms' innovations and expansion into retail financial services will slice a portion of financial firms' control of their user base, Moody's Investors Service says in a new report.

/Non-bank competitors

Fintech lobby group opens North American division

The Financial Data and Technology Association (FDATA), which played a pivotal role over the last five years in crafting the design and implementation of open banking standards in the United Kingdom and in Europe, announced today the launch of a North American arm, FDATA North America.

/Non-bank competitors

Ant Financial launches new fintech brand

Ant Financial Services Group (“Ant Financial” or “the Company”) today announced that the Company would open up a full suite of technology products and services under a new brand, Ant Financial Technology, to support the growth of financial institutions by improving user experience and lowering costs.

/Non-bank competitors

Funding Circle prices IPO

Following the announcement by Funding Circle on 10 September 2018 of its intention to proceed with an initial public offer (the "IPO" or the "Offer"), Funding Circle today announces the price range for the IPO as well as the commencement of the Offer once an approved price range prospectus (the "Prospectus") has been published containing full details of the Offer, which is expected to take place later today.

/Non-bank competitors

Here come the Belgians

The official collaboration between Projective and B-Hive has been launched at the festive opening of banking services provider Projective’s new offices.

/Non-bank competitors

LendInvest raises $39.5m

LendInvest, the UK’s leading online platform for property finance and investing, has through the summer completed a Series C debt and equity funding round for approximately $39.5 million (£30.5 million) which was positioned by the company as pre-IPO funding.

/Non-bank competitors

Starling targets teens with new current account offering

Starling Bank, the leading mobile-only bank, has today launched current accounts for 16 and 17 year olds.

/Non-bank competitors

Neobank Xinja appoints IRESS for paperless mortgage processing

Xinja has moved a step closer to delivering speedy, paperless home loans with the confirmation of its ongoing engagement with IRESS to process Xinja home loans.

/Non-bank competitors

Prodigy Finance names Judith Rodin chair

Prodigy Finance, a global lending platform that provides postgraduate loans to international students, today announces the appointment of Dr. Judith Rodin to the board as Chair.

/Non-bank competitors

Opendoor closes $325m Series E round

Opendoor, an online real estate marketplace that radically simplifies home buying and selling, announced the closing of its $325M Series E funding round.

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