REPORT
The definitive guide to Super Apps.
Read more interesting facts and figures on this topic in this #fintechreport by BPC Banking Technologies and Fincog.
👉 Download the full report through the link in the comments below here.
👀 NEWS HIGHLIGHT
A bombproof courtroom and a CEO in the dock: what to expect from the Wirecard trial
Two and half years after one of Europe’s most spectacular accounting scandals unraveled, a criminal court in Munich will start dissecting the collapse of Wirecard.
👉 Read the full Financial Times article, to learn all about this upcoming trial here.
😎 SPONSORED CONTENT
PayRetailers is a leading global provider of online payment services with Latin DNA. We offer e-commerce payment solutions for end-to-end cross-border transaction flow without the need of a local entity. Through one direct API, one technology platform and one contract, we offer merchants worldwide multiple local payment options in Latin America.
📊 INFOGRAPHIC
In this article, Flagship Advisory Partners compares the offerings of the top 20 neobanks in Europe and North America and investigates how they have evolved since our prior research last year.
👉 Read the full article, with more stats and figures, by Erik Howell and Aigerim Assembayeva here.
📰 ARTICLE
In her a16z Summit talk, Angela Strange shared her belief of how “every company will be a FinTech company” in the not-too-distant future. Starbucks has been masquerading as a FinTech company for a while now.
👉 Read this amazing WhiteSight article by Kshitija Kaur and Risav Chakraborty for the full story here.
NOW, ON TO THE SUMMARY OF LAST WEEK'S NEWS
🔦 DIGITAL BANKING HIGHLIGHTS
⭐️ Revolut is looking at Asia to continue its rapid growth. Link here.
⭐️ Allica Bank raises £100m Series C in funding round led by TCV. Link here.
⭐️ Greenwood raised $45M in funding. Link here.
⭐️ GoHenry signs 7-year partnership extension with Visa for global card issuance. Link here.
🌎 REGIONAL HIGHLIGHTS
UK 🇬🇧
Tandem is working with Cogo to help customers track and manage the carbon footprint of their spending. Link here.
HSBC says it will close 114 more branches in the UK from April, as customers using them have fallen significantly since the pandemic. Link here.
Ashman to launch SME loan origination offering on Mambu. UK neobank to take on £90 billion market opportunity to transform banking experiences for property SMEs. Link here.
TS Anil, CEO of Monzo, claims the bank will turn into profit in 2023. Link here.
Kroo launched its flagship current account. Offering customers two percent in interest on amounts up to £85,000. Link here.
EUROPE 🇪🇺
Temenos invested in US Banking-as-a-Service provider Mbanq. Link here.
ASIA
Al Rajhi Bank Malaysia announced the launch of its digibank app Rize. Link here.
finbots.ai signed its first customer in Mongolia, a neobank called M-Bank. Link here.
Tonik Financial Pte. Ltd. entered into a landmark agreement with Tendo to acquire its Philippine business, operating under the brand name "TendoPay". Link here.
AUSTRALIA 🇦🇺
PAYDOCK partnered with major Australian banking group The Commonwealth Bank of Australia to launch PowerBoard. Link here.
AFRICA
Be Mobile Africa introduced a crypto-currency payments gateway. Link here.
MOVERS AND SHAKERS
SEBA announced that it has officially opened its Hong Kong office and appointed Ludovic Shum as Managing Director to lead the team. Link here.
The Bank of London appointed Marc Jenkins as Chief Financial Officer UK – SMF 2. Link here.
If you are a fintech startup and have over 100 questions send me an email, maybe I can answer a few.