VC FinTech spending comes off the boil in UK
Investment by venture capital firms in new financial technologies in the UK is running at levels well below a year ago. Read more: www.finextra.com
Source Code Capital closes third fund with $260m hard cap
Chinese early-stage venture firm Source Code Capital has reached a final close of its third US dollar fund at a $260m hard cap. Read more: www.fintechroundup.com
Lattice80 to build FinTech ties between Singapore and India
Fintech hub Lattice80 has signed an MOU with the Andhra Pradesh state government to open a FinTech hub in the Indian city of Vizag. Read more: www.e27.co
Russian banks co-operate on FinTech accelerator
Four Russian banks are working in collaboration with MasterCard and Accenture to run a FinTech lab and accelerator to engage with local startups. Read more: www.finextra.com
Half of global FinTech investments are in Asia
China has quickly became the global frontrunner in financial technology and is leaving the rest of the world painfully behind. Read more: www.atimes.com
Singapore gifted $808k to ten FinTech firms
The winners were selected by a panel of 13 judges, representing a cross-section of international and local experts from the private and public sector. Read more: www.crowdfundinsider.com
A community banker’s FinTech ‘Aha’ moment
From SoFi to Venmo, competitors are creating a fast and easy experience that bankers like Julieann Thurlow cannot help but worry. Read more: www.americanbanker.com
FinTech is dropping the ball when it comes to financial literacy
Americans face serious challenges because we're doing a lackluster job of managing our money. Read more: www.etftrends.com
Microsoft, Banco Votorantim partner on Brazil FinTech
Microsoft Corp (MSFT.O) and Brazilian lender Banco Votorantim are investing together in financial technology startups. Read more: www.reuters.com
IbanFirst scores €10m to connect SMEs with FinTech
Belgian fintech startup FX4BIZ has raised €10m in funding and pivoted its business from an SME-focused currency-transfer operator to a banking-as-a-service platform and rebrands to IbanFirst. Read more: www.fintechroundup.com