BankingTech

Plaid teams up with Microsoft as Fortune 100s focus on fintech

Plaid teams up with Microsoft as Fortune 100s focus on fintech

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Plaid, whose APIs connect third-party platforms with bank accounts, has teamed up with Microsoft to turn Excel into a fintech app—and the company revealed...
Tink acquires Eurobits for €15.5 million

Tink acquires Eurobits for €15.5 million

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Sweden-headquartered open banking platform Tink has acquired Spain's Eurobits Technologies, a provider of account aggregation services to more than 50 banks and fintechs, including...
Tide promises to bust coronavirus myths and keep businesses informed

Tide promises keep businesses informed amid crisis

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London-headquartered Tide has written to customers who use its business e-money accounts to reassure them during the coronavirus pandemic (Covid-19) and bust speculation, misinformation...
Starling Bank offers customer advice during coronavirus pandemic

Starling Bank offers customer advice during coronavirus pandemic

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Starling Bank has begun an information campaign to reassure its personal and business customers, promising to provide advice on protection against fraudsters taking advantage...
Tonik Digital Bank chooses Daon for onboarding and authentication

Tonik Digital Bank chooses Daon for onboarding and authentication

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Tonik, the first digital-only bank in Southeast Asia, has chosen US-based Daon to provide onboarding and biometric authentication for its mobile platform when it...
Mox Bank to launch in Hong Kong

Mox Bank to launch in Hong Kong

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Mox Bank, the new digital bank for the Hong Kong market from Standard Chartered in partnership with PCCW, HKT and Trip.com, will launch later...
Xolo and Wirecard partner on bank account for entrepreneurs

Xolo and Wirecard partner on bank account for entrepreneurs

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Estonian firm Xolo, whose company management platform offers entrepreneurs a quick and easy means of launching in the EU, has partnered with Wirecard to...
Revolut closes funding round and achieves bumper valuation

Revolut closes funding round and achieves bumper valuation

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Digital bank Revolut has been valued at $5.5 billion after closing its latest funding round. London-headquartered Revolut's series D funding round, led by US-based investor...
LendingClub to buy digital bank

LendingClub to buy digital bank

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San Francisco-based peer-to-peer (P2P) lending marketplace LendingClub has agreed to acquire a digital bank for $185 million. Boston-based digital bank Radius, with more than $1.4...
Curve establishes Brooklyn base ahead of US launch

Curve establishes Brooklyn base ahead of US launch

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UK fintech Curve, the platform that consolidates multiple cards and accounts into a single smart card, has opened its first US office in Brooklyn. Curve...