View profile

Global FinTech News - 26th of June

A rollercoaster week on pair with scorching summer temperatures across much of Europe as we see the t
Global FinTech News - 26th of June
By Holland FinTech  • Issue #52 • View online
A rollercoaster week on pair with scorching summer temperatures across much of Europe as we see the the Wirecard fiasco grow bigger and bigger, culminating in the former CEO’s arrest earlier this week and the UK’s FCA suspending all transactions via Wirecard Card Solutions as of today! Global payments platform MasterCard made a high profile purchase - laying down $825 million USD in a deal with Finincity to expand its global open banking offering. Another giant staying with the times is Jack Ma’s Ant Financial group, as they changed their name to Ant Technologies - in line with their ideology of becoming a TechFin instead of a Fintech. Go Figure! Bad news for Messaging platform WhatsApp which launched its maiden payments trial in Brazil to much fanfare last week as the Central Bank of Brasil halted the service amid an investigation around competition infringements and consumer safety. This isn’t the first time WhatsApp is having regulatory issues with its payments service - the platform abandoned India as a test ground for the same reason. Funding was looking healthy this week, with Checkout.com soaring to a $5.5 billion USD valuation on the back of its $150 million funding round. Investors weren’t stingy with Thai fintech Synqa either, allowing it to raise $80 million in a series C round. A French SME bank, Memo Bank was able to lock down $23 million and new cryptocurrency challenger Ziglu raised 5.25 million GBP in it’s seed round - not bad! That’s all from us for now - go catch some sun!
For your weekend reading, consider our new State of the Dutch Fintech report, hot off the Holland Fintech press.
We sat down today with Jan-Willem Van der Schoot from Mastercard 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
Wirecard CEO arrested in mounting scandal
Aborted take off: WhatsApp payments halted
Mastercard inks $825 Million USD deal with Finicity
Samsung enters the personal finance management space: partnership with Fintech Curve
Checkout.com soars to top of valuation lists
Ant Financial Now - Ant Technology
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
State of the Dutch Fintech Market 2020
Deloitte’s 2020 Global Blockchain Survey
France & Benelux Private Capital Report
PSD2 and global payment regulation map
What’s At Risk: An 18-Month View of a Post-COVID World
Female Finance: Digital, Mobile, Networked
Background information and insights from opinion leaders and experts
Background information and insights from opinion leaders and experts
Covid-19 could be the catalyst for a boom in Fintech innovation
Every Company is a Fintech Company: Zach Perret
10 examples of how Fintechs approach employer branding
Fintech sector grapples with Wirecard fallout
Are digital ecosystems the future of insurance?
Dear Monzo, Starling and co; We’re still a long way off the perfect neobank
Connect with us at some of the upcoming events
Connect with us at some of the upcoming events
Holland FinTech Meetup Online - 10th of July
Practical Solution of Artificial Intelligence in Financial Services - 8th of July
Flash Friday: Staying ahead of the news - 10th of July
Amsterdam Fintech Week - 18th to 25th of September
Money20/20 Europe - 22nd of September
Ready to get involved? Click here to find out more.
Did you enjoy this issue?
Holland FinTech

Global Fintech News

If you don't want these updates anymore, please unsubscribe here.
If you were forwarded this newsletter and you like it, you can subscribe here.
Powered by Revue
Amsterdam