Muniy, a digital banking upstart with offices in the London and Manama, Bahrain, has partnered with regtech HooYu for its know your customer (KYC) capabilities ahead of its UK launch. The identity verification provider, which is part of UK search engine 192.com and partnered with Equifax last month, will deliver ID document validation, facial biometric … Continue reading Muniy chooses HooYu for KYC and raises £200,000 Continue Reading
Klarna, the Swedish buy now, pay later fintech, has partnered with Raisin, the German online deposit marketplace, to offer higher interest rates to German retail customers. The $5.5 billion start-up – which reported its first annual loss in 2019 – will offer its online-only products through Raisin’s marketplace WeltSparen. “Through our cooperation, we’re enabling our customers to easily … Continue reading Klarna dips its toe in the savings market with Raisin Continue Reading
Financial data fintech Codat has raised $10 million in Series A funding from Index Ventures. The Codat team in London The start-up is building an application programming interface (API) to connect together financial information and increase the speed at which insurance providers and banks can provide loans or products. For small businesses who currently share … Continue reading Codat raises $10 million in Series A funding Continue Reading
KYC (Know Your Customer) is an integral part of fighting Money Laundering and Terrorist Financing. It has become one of the necessities for every organization in the financial sector. Managing your customers’ KYC data can be very frustrating, however, there’s a solution – a data management platform. When you start screening thousands of customers, it can … Continue reading BASIS ID Disrupts the KYC & AML Data Management Continue Reading
NTUC Income (Income) launched SNACK, which they described as an “innovative, industry-first insurance proposition that revolutionises the way consumers engage with, purchase and obtain insurance protection in Singapore.” Typically, an insured is required to pay insurance premiums at a fixed quantum either monthly or annually, and sometimes over a fixed duration of time, in order … Continue reading NTUC Income Launches Snack, a Bite-Size “Stackable” Insurance Product Continue Reading
Rapyd, a global Fintech as a Service company, has released its 2020 Asia Pacific eCommerce and Payment Study. The study analysed the financial habits, payment methods, considerations, and preferences of consumers in seven Asia Pacific countries, uncovering how consumer buying expectations and behaviours are evolving in an increasingly digital world. The research, conducted in March and … Continue reading Rapyd Research Identifies Rising Digital Payments Winners Across Asia Pacific Continue Reading
MatchMove, a fintech offering a ‘Banking-as-a-Service’ platform and KPMG, today announced their partnership with the Expand Group, a leading homegrown building construction group with integrated civil engineering and construction support service capabilities, to facilitate Employer Assisted contactless e-remittance for foreign migrant workers quarantined in dormitories. The COVID-19 pandemic and heightened number of cases amongst the foreign … Continue reading Matchmove and KPMG Partner With Construction Firm to Facilitate E-Remittance for Migrant Workers Continue Reading
GBCI Ventures announced an US$11 Million investment into Fincy a fintech startup led by Douglas Gan, Vannesa Koh and Lim Ming Wang who are all from GBCI Ventures. In a media statement, they shared that Fincy is the venture capital firms new endeavour that aims to provide an “affordable alternative to existing financial services, starting … Continue reading GBCI Ventures Pours US$11 Million into Its Own Fintech Startup Continue Reading
London-based startup Codat has raised a $10 million funding round from Index Ventures. If you’ve ever tried to apply for a loan for your small business or filled out an application for an insurance product, you know it can be a long and painful process. Codat is building an API that connects with all the systems that … Continue reading Codat raises $10 million to aggregate all financial data from small businesses Continue Reading
French startup iBanFirst has raised a $23.8 million (€21 million) Series C round from Elaia and Bpifrance’s Large Venture fund. Previous investors include Serena, Breega and Xavier Niel. iBanFirst lets you pay suppliers and get paid by clients all around the world in dozens of currencies. iBanFirst was in the process of raising its funding round before the coronavirus … Continue reading IBanFirst raises $23.8 million for its borderless financial services Continue Reading