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Global FinTech News - Ebury, Santander, ING, Revolut, Gojek

This week in fintech: All was not quiet on the western front as banking giant Santander partnered wit
Global FinTech News - Ebury, Santander, ING, Revolut, Gojek
By Holland FinTech  • Issue #44 • View online
This week in fintech: All was not quiet on the western front as banking giant Santander partnered with Holland Fintech Member Ebury to acquire 51% of its shares in a move valued at $453 Million USD - allowing both parties to expand their customer base. Unicorn and media darling Revolut partnered with Adzooma to bring exclusive benefits to their customers. RBS refused to be left behind in the customer centricity competition spawned by the covid-19 pandemic and has launched a spare debit card for vulnerable groups that can be topped up remotely - much like Starling Bank’s earlier offering. The Eastern hemisphere was not to be outdone with big news coming out of Indonesia - key player Gojek acquiring payments startup Moka to produce its own POS system! Eastern success continued with Hong Kong based firm Oriente raising a cool $50 million USD. In other funding news, Holland Fintech Member ING Bank joined forces with HSBC and pumped 5.7 Million GPB into Transficc, a low latency trading platform, whilst b2b challenger bank Finom took home $7 million USD in seed funding. Special mention to fast mover Snoop - a UK based FinTech that launched a month ahead of schedule in April and has already raked in an extra 3.2 million GBP in funding!
Take a look at all things FinTech&COVID-19 on our resource page here.
We hope you had a good week and are staying safe & healthy! Eager to learn more? Check out the insights section on our website!
- The Holland FinTech Team

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Highlights from last weeks news related to fintech
Highlights from last weeks news related to fintech
Santander Seals $453M (~€412.8M) Deal For UK FinTech Ebury
Revolut partner with Adzooma to bring exclusive services to their customers
RBS mimics Starling Bank with spare debit card for Covid-19 vulnerable
Gojek Acquires Payments Startup Moka for $130 (~€118.5) Million
Challenger Zelf to launch banking offering solely through messenger apps
FIS sets up $150 (~€136.6) million Fintech venture fund
The largest funding rounds we found from across the world
The largest funding rounds we found from across the world
Hong Kong-based Fintech Firm Oriente Secures $50 (~€45.6) Million in Capital via Series B Round
ING and HSBC join £5.7 (~€6.5) million funding round in TransFicc
B2B challenger bank Finom raises $7M (~€6.5M) Seed from Target Global and General Catalyst
Wise Raises $5.7M (~€5.2M) to Embed Banking in Modern Business Ecosystems
JP Morgan leads $4.3 (~€3.9) million funding round in cash management startup Trovata
Dame Jayne-Anne Gadhia’s new FinTech Snoop closes £3.2m (~€3.6m) funding round
A selection of recent research reports and papers worth reading
A selection of recent research reports and papers worth reading
The LHoFT releases its "Fintech Task forces" report
Gap Between Legacy Banks & Fintech Firms Has Shrunk Since COVID-19
Razorpay launches 5th edition of ‘The Era of Rising Fintech’ report
COVID-19 Insights by 11:FS
Fintech Investment Industry 2020
Pintec Selected as 2020 Asia Pacific "FinTech Fast 101" by IDC
Background information and insights from opinion leaders and experts
Background information and insights from opinion leaders and experts
Despite Current Environment, Fintech Startups Continue To Hire And Raise Funds
Digital banking boom during coronavirus pandemic: How will it affect e-wallets’ demand in Germany?
How will Fintech drive the adoption of 5G technology?
7 VCs look into the future of Fintech
Pandemic opens the door to a new Fintech era in Asia
Council Post: Five Technology Trends In The Insurance Industry
Connect with us at some of the upcoming events
Connect with us at some of the upcoming events
Holland FinTech Meetup Online - 8th of May
Fintech Insights May - 14th of May
MoneyNext Summit 2020 - London, United Kingdom - 1st/2nd of July
London Tech Week 2020 - London, United Kingdom - 2nd-10th of September
Cognitive Finance AI - Berlin, Germany - 21st/22nd of September
Ready to get involved? Click here to find out more.
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