Ryan Reynolds invests in Canadian fintech Nuvei & more
In this episode we sit down with Jordan Harris, Head of Fraud and Payments at iHerb and host of the Fraud Boxer podcast.We explore how fraud has evolved from physical schemes to highly digital operations, and why payments have become a strategic pillar in today’s landscape.
🍏 Apple Card’s new high-yield Savings account is now available💪 Yonder secures £62.5m in equity and debt Series A round.🇨🇴 Kala has raised US$6M💚 Tide Encourages UK Businesses to ‘Kickstart’ Global Carbon Removal Movement to Deliver Net Zero
🔔 Rakuten Bank prices IPO🚀 dLocal debuts All-in-One payment solution🇧🇷 Nubank is now testing ‘NuConsignado’.🇫🇷 Thunes bags new French license for global cross-border payments.🇨🇦 Affirm and Stripe expand relationship to Canada.
🇺🇸 Bluevine and Wise Launch International Bill-Pay for U.S. SMBs🌍 Fintech Plots EU Mobile-Payments Revolution From Poland📈 Twitter to let users access stocks, crypto via eToro in finance push🚀 Plaid Adds Instant Payouts to Its Transfer Tool💪 Monzo joins forces with Plaid to open access for US customers.
🇨🇳 China’s Central Bank Warns Against ChatGPT ‘Data Leaks’❌ Amsterdam-based cryptocurrency platform Change raises €2M👩⚖️ Walmart Sues Credit-Card Partner Capital One🇦🇪 UAE’s fintech Qlub raises $25 million🤝 Finastra, Alygne partner to improve ESG investments decisions
🚀 Revolut launches ‘Crypto Collections’ for multi token investing🙏 Cash App Founder, Bob Lee Fatally Stabbed In San Francisco📉 Stripe Says Volume Growth Slowed🇦🇺 Australian regulator cancels Binance's license at exchange's request⏰ Molo launches 24-hour ‘Rapid Remortgage’
🇬🇧 Regulator cautioned over Revolut📉 Affirm Shares Sink on Apple Pay Later News, Affirm Responds🤝 Payments-as-a-Service Finexio partners with Proactis👦🏻 Acorns acquires UK's GoHenry, a fintech focused on 6- to 18-year-olds
🧑⚖️ Revolut Reportedly Hired Lawyers to Challenge Audit Report🌎 Worldpay chief Gabriel de Montessus takes the chair at Toqio🇮🇳 PhonePe Cancels Deal To Acquire BNPL Startup ZestMoney✍️ Zero Hash taps Stripe, Coinbase exec as COO🏆 Enfuce Wins Celent ‘Model Risk Manager’ Award🚀 CSI and Hawk AI partner to for AML
😅 Binance Sees $2 Billion in outflows as troubles compound💳 Wio Bank selects Paymentology for card issuing🇺🇸 StellarFi raises $15 Million🅰️ Paytrix raises $18.3 million series A🇬🇧 UK open banking sector valued at £4.1bn by Coadec
🍎 Apple Pay Later launches for select group☃️ Frost goes carbon neutral ahead of fundraise🚀 Thunes raises $30m as part of Series C✍️ Griffin strengthens leadership team with new CFO and CRO📱 Ingenico acquires smartphone payment acceptance fintech Phos💳 Mastercard, Visa in talks to buy Pismo
👩⚖️ Binance and founder allegedly violated rules to attract U.S. users🏦 First Citizens Acquires Much of Failed Silicon Valley Bank📉 Block short-seller claims ‘Wild West’ compliance🤖 Big banks invest in generative AI startup Hazy🇸🇬 Over 500k users have signed up for Singapore’s Trust Bank🇮🇩 Indonesian Qoala raises US$7.5m Series B+🙏 Sibstar launches to help people with dementia manage finance
🤖 Klarna plugs ChatGPT into its platform for faster product recommendations🚀 BNPL FinTech Sezzle files for direct listing on Nasdaq🦁 MoneyLion rebrands "Even Financial" to "Engine by MoneyLion"🇳🇱 Dutch stock exchange platform NPEX raises €2M🌱 Climate fintech HeavyFinance raises €3m seed
Enfuce to power Science Card; Mastercard settles stablecoin transactions & more
🇸🇪 Mastercard acquires Swedish cyber-security firm Baffin Bay🤖 GoCardless integrates with Zapier to automate payment processes🥳 Monite doubles seed round to $10m🎉 Wingspan raises $14M for payroll platform🌱 TTV Capital raises $250 million for early-stage fintech fund💸 Recognise Bank secures £25 million funding
⬇️ Stripe raises $6.5bn, working on GPT-4 product 🤝 BNP Paribas and Hokodo work on BNPL innovation ⚛ Atom Bank chair to step down as digital lender prepares for listing 💳 Parker emerges from stealth with $157m funding 🚀 Ibanera lands $18.5m in capital investment
🇺🇸 Bank of America gets over $15b in deposits after SVB fails 💸 Bunq hits €2bn in user deposits 🇲🇽 Mexican FinTech Clara obtains $90m credit line 🇦🇺 Wirex lands in Australia 🇷🇼 Flutterwave obtains licenses in Rwanda. ⏰ NatWest sets daily crypto purchase limits
🎉 Apexx Global raises $25 million Series B 🇦🇪 Sav raises $750k pre-seed to revolutionize personal savings 🧹 tidely receives EUR 3.5 million seed financing 🌱 Web3 firm Cubist lands $7m in seed raise 😌 SVB's new CEO: ‘... business as usual’ 🪙 Swift completes CBDC sandbox test 💳 Nets partners with Visa and Mastercard £ Binance suspends GBP withdrawals 🇨🇭 Credit Suisse reports weaknesses in financial controls 🇸🇦 HyperPay to go public in Saudi Arabia 📈 USDC nearly at $1 peg again 👩⚖️ Flutterwave faces another trial in Kenya 🥭 MANGOPAY collaborates with PayPal 🇳🇬 Nigerian fintech FairMoney acquires PayForce
Today's episode skips regular news stories. We'll discuss the collapse of Silicon Valley Bank, the events leading up to the downfall, and the possible impact on the market in the future. In tomorrow's episode, on March 14th, we'll go back to regular FinTech news stories and give updates on the SVB story as we go.
🏷 Railsr announces sale ❤️🩹 Better.com’s SPAC gets lifeline but still problematic 🇬🇧 British Business Bank opens £70m Northern Ireland fund 🆔 Digital identity company Yoti raises £10m 🎉 Monnai raises $6.5 Million series A 🇩🇪 La Famiglia raises €255m to invest in seed & growth startups 🇨🇦 Synctera raises $15M for embedded banking in Canada