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Friday, December 13, 2019

Companies

A New British Bank Boosts Digitization of Money Management

Natwest, a leading British lender has just launched a new digital bank, Bo, which went live on Google Play and Apple’s App store. The new cloud-based bank was designed to assist people in managing their money—everything from setting savings goals to budgeting—all via Bo’s mobile app. Users even have access to a Bo-issued Visa card...

Capital

Payment Software Giant, Bill.com Plans $100M IPO

Fintech giant and business payments processing company Bill.com has filed for an initial public offering to raise $100 million. It was first reported in June that Bill.com was planning to go public after an $88 million funding round led by Franklin Templeton Investments, which saw the company valued at $1 billion, making it a unicorn...

Leaders

UK’s Underserved Get a New, Alternative Banking Platform

A lack of alternatives for the unbanked is one of the least discussed and pervasive social issues of our generation, according to Virraj Jatania, co-founder and CEO of Pockit, a digital platform that allows banking’s underserved to manage everything from salaries, make purchases, and send funds internationally...

Features

India’s Fintech Boom is in Full Force And Not Slowing Down...

Fintechs in India are exploding. Increased funding for tech startups and consumers’ rising demand for alternative, digital solutions are further boosting these financial platforms in the region. Aside from big investments, innovation has also been key to success. Advancements in the digital payments sector—specifically in artificial intelligence and cloud computing—have included payment hubs...

Popular Articles

The Top 25 Women Leaders In Financial Technology of 2019

The Financial Technology Report is proud to announce and celebrate the exceptional women who are playing leading roles at the companies shaping the financial...

Top 50 Financial Technology CEOs of 2019

The Financial Technology Report is pleased to announce this year's awardees for the Top 50 Financial Technology CEOs of 2019.  Awardees were selected based...

The Top 25 Financial Technology CTOs of 2019

The Financial Technology Report is pleased to announce our inaugural awards for The Top 25 Financial Technology CTOs of 2019.  While CEOs are often...

The Top 25 InsurTech Executives of 2019

InsurTech has long captured the attention of the broader financial technology community as well as insurance industry. In 2019 alone, funding to companies in...

The CapitalG Advantage, Much More than Deep Pockets

Lyft, Snap, Airbnb, SurveyMonkey, Glassdoor, and Duolingo are a sampling of Capital G’s great picks.  The investment firm began in 2013 in Mountain View,...

Revolut Plans 24-Country Expansion Despite Big Loss in 2018

Revolut, a digital-only banking service provider, isn’t too worried about its staggering fiscal year 2018 losses. The company reported a loss of £32.8 million for the period against £58.2 million in revenue...

Mobile Fintech Entrepreneur Bassim Haidar Found His Motivation in His Family’s Past

Entrepreneur Bassim Haidar is currently one of Africa's most prominent billionaires--but this hasn't always been the case. Haidar, a Lebanese national, was born in Nigeria and lived there until he was 10. After his family moved to Lebanon, he finished school and attended Beirut University College. What motivated him to start his first business at age 20, however, was quite simple: he was looking to restore his family's lost fortune, a task he has now completed many times over...

Plaid’s CEO Undeterred Even As Co-Founder, CTO Stepped Down

Plaid, the financial technology startup that enables fintech companies to access consumers banking data with their permission, is in a state of flux. Earlier this summer, Plaid, which has a valuation of more than $2.5 billion, announced the departure of William Hockey, co-founder, chief technology officer, and president. Hockey is staying on as a board member and his duties are being handled by the executive team including CEO Zach Perret...

Mastercard CEO Ajay Singh Banga In Good Company Since High School

The century-old Hyderabad Public School in Hyderabad, India was modeled after England’s Eton College and designed to educate the country’s aristocratic sons, but a...

For Julie Loeger Of Discover Financial, Innovation Comes From The Trenches

When it comes to innovation, Julie Loeger is adept at developing products that will resonate with consumers. As the executive vice president and chief marketing officer for Discover Financial Services, it was Loeger who created the 5% Cashback Rewards Program at Discover Financial and was behind the company’s Discover It cashback credit card. Since then Loeger and her team have successfully launched the Discover Miles card, Secure card, Free FICO, and Credit Scorecard among other products...