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Global FinTech News - 12th of June

What was fun in fintech this week? Well for starters - Fintech powerhouses Klarna and Raisin teamed u
Global FinTech News - 12th of June
By Holland FinTech  • Issue #50 • View online
What was fun in fintech this week? Well for starters - Fintech powerhouses Klarna and Raisin teamed up for a brand new savings offering in Germany, whilst that exact same increased savings demand lead Goldman Sach’s Marcus to temporarily stop accepting new customers as it teeters dangerously close to it’s 25 billion GBP deposit cap. Insurance Fintech Lemonade has filed with the SEC for an IPO, seeking to raise 100 Million USD (~€88.5M). TransferWise is celebrating 2 billion GPB in deposits as a result of the success of it’s new account functionalities and core banking platform Thought Machine shone a light on financial literacy: If you want to keep your kids busy this weekend, head over to Nestlums - a gamified app experience that teaches children the basics of personal finance. Our friends in VC didn’t sit still either this week - Sharia compliant investment portal Wahed scored $25 million USD, IbanFirst brought home 23.8 million for its borderless financial service, with fintechs Cobase and Codat each scoring 10 million to ramp up their offering. For those who are following the news in the US and around the world regarding systemic racism, fortune.com has a welcome expose with hard hitting questions on this issue in finance. Happy reading and check out our research and opinion sections for more exciting weekend reads!
We sat down today with Eugenie Casier, Director of Funding Options Netherlands, to discuss the recent news from the FinTech sector, check it out here
Take a look at all things FinTech&COVID-19 on our resource page here.
- The Holland FinTech Team

Highlights from last weeks news related to fintech
Highlights from last weeks news related to fintech
Tinkoff Bank spin-off Vivid Money is launching in Germany
TransferWise account deposits reach 2 billion GBP
Insurtech Lemonade Files For IPO; Seeks To Raise $100 Million (~€88.5M)
Core banking vendor Thought Machine launches Kid's app: Nestlums
Klarna and Raisin team up in Germany
Goldman Sach's Marcus no longer welcoming savers
The largest funding rounds we found from across the world
The largest funding rounds we found from across the world
A selection of recent research reports and papers worth reading
A selection of recent research reports and papers worth reading
The World Retail Banking Report 2020
The World's Best Banks
Beyond COVID-19: New opportunities for FinTech companies
Expert Collection of 2020’s future unicorns
UK tech resilient through virus crisis
Impact of the coronavirus pandemic on the global economy - Statistics & Facts
Background information and insights from opinion leaders and experts
Background information and insights from opinion leaders and experts
Small Business and Alternative Finance: Weathering the storm
Fintech winning UK funding race
Taking race into consideration: Tough questions about banking and being black
Fintech Marketing: are we missing Empathy?
Fintech: A key to COVID-19 recovery in Africa?
Learning from your neighbour: What can banks learn from other sectors when it comes to digital transformation?
Connect with us at some of the upcoming events
Connect with us at some of the upcoming events
Holland FinTech Meetup Online - TODAY 4PM - Open for Public
MoneyNext Summit Online - 18th to 21st of August - Open for Public
Events - Money20/20 Europe
Ready to get involved? Click here to find out more.
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