Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Liti Capital to finance ‘landmark’ case against Binance

Proceedings against Binance will be brought in the Hong Kong International Arbitration Centre by a group of disgruntled Binance customers who were unable to trade on the platform during this year’s infamous May 19th crypto crash.

19 August 2021

News/startups

Hapi launches app to help families invest for children's future

UK startup Hapi has launched an app designed to help parents plan and invest for their children's future.

17 August 2021

Company update/startups

Fintech startup iSpent19 launches money management app

iSpent19 is thrilled to announce the launching of its new money management App intended to provide UK users with a new way of monitoring and managing their money through transaction personalisation and sharing.

16 August 2021

News/payments

RBC Ventures rolls out app for kids

Canada's RBC Ventures has developed a money management app and prepaid card that helps kids make their own earning and spending decisions.

13 August 2021

News/startups

UK 'social bank' startup Kroo raises £17.7m

Kroo, a UK startup building a "social" bank, has raised £17.7 million in Series A funding round led by tech entrepreneur Rudy Karson.

10 August 2021

News/startups

Malaysia's BigPay scores $100m investment

BigPay, the fintech arm of airline AirAsia, has secured an investment of up to US$100 million from South Korea's SK Group.

06 August 2021

News/startups

Snoop raises £15 million to fund international expansion

Founded by former Virgin Money chief Jayne-Anne Gadhia, smart money app Snoop has secured £15 million in Series A funding from American investment management firm Paulson & Co. Inc.

02 August 2021

Research/Personal finance

From Surviving to Thriving: Digital Customer Engagement beyond Video Conferencing

29 July 2021 206 downloads

News/payments

CMA mandates ‘Sweeping’ in big win for UK Open Banking

The Competition and Markets Authority (CMA) has ruled in favour of the Open Banking Implementation Entity’s (OBIE) recommendation to mandate Variable Recurring Payments (VRPs) as the mechanism for implementing Sweeping, injecting a further element of competition into the Open Banking market and ending years of opposition from some of the UK's biggest banks.

28 July 2021

News/retail

Finleap connect acquires Spanish Open Banking platform provider MyValue Solutions

Germany's finleap connect has acquired Spanish Open Banking platform MyValue Solutions.

28 July 2021

Research/Personal finance

Responding to Lending Disruption

27 July 2021 604 downloads

Company update/payments

Maslife taps Paynetics for new financial wellbeing app

Maslife, the payment and wellbeing platform that rewards people for keeping healthy, has collaborated with regulated e-money services provider Paynetics to power its new financial wellbeing app.

26 July 2021

News/startups

CCAF, World Bank, World Economic Forum launch second Covid-19 fintech impact study

Building on findings and insights from its landmark 2020 survey, the Cambridge Centre for Alternative Finance (CCAF) is once again partnering with the World Bank Group and the World Economic Forum to investigate the impact Covid-19 has borne on fintech firms.

20 July 2021

News/retail

Researchers use bank data to understand how to reduce gambling-related harm

After analysing behavioural data from HSBC and Monzo customers, UK charity GambleAware has published a guide for financial services firms looking to help vulnerable customers.

15 July 2021

News/wealth

M1 Finance raises $150m

M1 Finance has hit a $1.45 billion valuation after raising $150 million in a Series E funding round for its "super app" offering automated investing, borrowing and banking products.

14 July 2021

Company update/retail

MX launches financial insights APIs

MX, the leader in modern connectivity and financial data enhancement, today announced the launch of new Financial Insights APIs and embeddable user interfaces, or widgets, to help developers quickly and securely connect MX-powered financial data into their current products and offerings.

13 July 2021

Company update/startups

Econans raises funds for financial advice bot

Econans is a software developer that provides self-service facilities for simulation and automated advice on personal finances.

12 July 2021

News/retail

Comparing progressive vs traditional banks’ digital progress post Covid-19

Providing a view into the status of financial institutions digital transformation across the US, banking consultancy CCG’s recent survey ‘The Banking Battleground: Views From the C-Suite’ considers the attitudes and capabilities of banks toward digital in a post-pandemic world.

08 July 2021

News/inclusion

Norway leads the way for female opportunity

A study released by German digital bank N26 has found that Norway, followed closely by Finland and Iceland, is leading the charge with overall female opportunity, scoring highly on political representation, corporate leadership, and women’s legislation.

07 July 2021

News/markets

Wise completes largest direct listing in UK history at £8bn

Wise, one of the UK’s leading fintechs goes public on the London Stock Exchange today, with first trades expected to commence shortly after 11:22am BST under the ticker ‘WISE’.

07 July 2021