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Global FinTech News - 5th of June

Week 23 in Global Fintech News: NuBank roars ahead with 25 million customers - much more than success
Global FinTech News - 5th of June
By Holland FinTech  • Issue #49 • View online
Week 23 in Global Fintech News: NuBank roars ahead with 25 million customers - much more than successful challenger banks in Europe and the US have managed to score. Payments and functionality are high on the priority as e-commerce continues to grow and trade picks back up, and Hong Kong based Airwallex has jumped on the bandwagon in several markets to offer a new payment acceptance service - heating up the battle for merchant acceptance. In Europe, the open banking revolution shows no signs of slowing down as global heavyweight PayPal continues to pair rising superstar Tink to provide open banking services across the EEA. GrabPay in South East Asia is not sitting still either and has launched an all digital banking solution complete with MasterCard powered debit card in the Philippines - where access to brick and mortar banking has traditionally been limited. Funding news is showing us some decent activity as well this week - with Varo exceeding the competition by far, taking home $241 Million USD. Whereas US based provider of fraud protection and payment technologies Vesta raised $125 million - followed by smaller but successful rounds for Belvo and Lili, bringing home $10 million USD each. Check out our research and opinion sections for more exciting weekend reads!
Today, we had a talk with Tink during our Flash Friday event, 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
NuBank roars ahead with 25 million customers
Airwallex partners with Wechat Pay
Tink and PayPal scale European partnership
Grab launches fully digital GrabPay in the Philippines
Onfido partners with WorldRemit
DFS and France’s ACPR signs MoU to boost international FinTech innovations
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
Tink report: The multi-million opportunity
Open finance: shaping the future of financial services
The state of European checkouts in 2020
Spring 2020 Cryptocurrency Crime and Anti-Money Laundering Report
Covid-19 Has Scrambled Fintech’s Winners & Losers. Here’s The Short- & Long-Term Outlook
Global Fintech Deal Activity May 2020
Background information and insights from opinion leaders and experts
Background information and insights from opinion leaders and experts
Up to 41% of businesses plan to switch their banking provider
Balancing Tech & Trust in Banking
Australia heads for collaborative digital identity
The women in Fintech crucial to the COVID recovery plan
Capital Scarcity facing Fintech Companies
Fintech vs healthcare: Crisis Innovation
COVID-19 Did not spark Fintech's new era
Connect with us at some of the upcoming events
Connect with us at some of the upcoming events
Holland FinTech Meetup Online - 12th of June - Open for Public
Flash Friday: Staying Ahead of the News - 12th of June - Open for Public
Financing During Covid-19 Outbreak & Measures: How to Keep the Economy Running? - 30th of June - Members Only
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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