Why the uberisation of banking can’t come soon enough
Banks, fully aware of the problem, are responding to the challenge and are under-going significant change programmes – currently 90% of consulting spend goes in the direction of uberization. Read more: www.bankingtech.com
Nigerian retail banking sector to see 92% disruption by FinTech
Retail banking and fund transfers in Nigeria are the two biggest areas that are most likely to be affected by FinTech over the next five years. Read more: www.cryptocoinsnews.com
Capital One looks to encourage SME FinTech adoption
High-tech tools for the enterprise are no longer reserved for the largest, most cash-rich organisations. Read more: www.pymnts.com
Biggest developments in FinTech in 2016
Legal firm Bird & Bird suggests FinTech, which has seen significant expansion, shows no signs of slowing down. Read more: www.wired.co.uk
$4.5m propels invoice FinTech startup
Zervant raises $4.5m to expand its SME eInvoicing software and platform geographically, as well as add new products, like invoice financing. Read more: www.pymnts.com
Pine Brook, 1/0 Capital among $30m Better Mortgage Series A backers
Online home financing startup Better Mortgage has picked up a $30m round of investment from backers including 1/0 Capital and Pine Brook Partners, it is understood.
The future of finance: banking as a platform
While there are many industries of which have taken to new technology with open arms, soon every industry will need to do the same in order to survive. Read more: thenextweb.com
FinTech VC Motive Partners launches, backs LMRKTS
Newly established FinTech-focused venture capital firm Motive Partners is launching with its first investment going to portfolio compression startup LMRKTS. Read more: www.fintechroundup.com
Resolute Ventures backs AI expense auditing, compliance startup AppZen
Resolute Ventures has helped AI-centric automated expense report auditing and compliance startup AppZen to a $2.9m funding round.
Decisely scores $60m for SME HR and benefits platform
HR and benefits platform for Decisely has raised $60m in a funding round from Two Sigma Private Investments and EPIC Insurance Brokers and Consultants. Read more: www.fintechroundup.com