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Early-stage fintechs looking to break through? At this panel discussion from Money20/20 Europe in June, experts shared practical strategies for early-stage fintechs to forge successful collaborations with banks. Learn how to navigate bank-fintech partnerships and unlock growth opportunities for your startup. > Aruna Bhalla, Head of Partnerships & Open Banking at TSB Bank > Maxine Mackie, Director of Innovation at Label Sessions > Rachel Curtis, CEO of Inicio AI Key takeaways: > Accelerators aren't just about resources - they're strategic springboards for growth. > Adaptability is essential. Be ready to adjust your solutions to meet bank's specific needs. > Build relationships beyond the pitch. Ongoing engagement fosters trust & leads to lasting partnerships. Watch it here: https://lnkd.in/ekJbaMzV Want more insights? Check out Money20/20 USA in Las Vegas this October! https://us.money2020.com/ #fintech #startups #Money2020

Want to know the investment strategy of one of the largest fintech companies in the world? In this interview with Tal Sigura, Senior Manager of Venture Investments at FIS, we find out what their current focus is and how they're helping smaller fintech companies to grow. Through their well established accelerator program, FIS are looking to find and scale up the best in the business. Speaking at Fintech Meetup in Las Vegas earlier this year, we hear about the benefits of being part of the accelerator and what FIS get out of it. https://lnkd.in/gh-35Dgz #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

Citi Ventures backed Tuum last funding round in a strategic move in BaaS. #Tuum, a trailblazer in next-generation core banking solutions, has just announced a strategic investment from #Citi Ventures, marking a pivotal moment in Tuum's journey and the broader fintech landscape. Following Tuum's €25m Series B fundraise led by CommerzVentures, Citi Ventures steps in with a follow-on investment, showcasing confidence in Tuum's innovative platform. This investment provides financial backing but also opens doors to potential commercialization opportunities within Citi's extensive global network. Tuum's roadmap includes ambitious plans to broaden its international reach in #fintech markets, targeting the DACH region, Southern Europe, and the Middle East. This expansion is fueled by the Series B funds, aimed at enhancing product offerings and accelerating market penetration. The platform stands out for its API-first, cloud-agnostic, and modular design, enabling a balance between no-code configurability and cost efficiency. Such innovation is crucial for the overdue transformation of core banking systems, offering a seamless transition from legacy to modern digital solutions. Tuum’s mission to liberate banks from outdated systems is a game-changer, significantly lowering maintenance costs and unlocking new digital capabilities. The endorsement and investment by Citi Ventures signal a strong market trust in Tuum’s approach and potential. Tuum's platform facilitates rapid product launch and diversification for banks, enabling them to introduce new accounts, lending, payments, and card solutions efficiently. This capability is pivotal for banks aiming to innovate and compete in a digitally evolving landscape. Want to stay up to date with the market? Here my newsletter: - Linkedin: https://t.ly/s541W   - Substack: https://lnkd.in/dzfGJzmW

Fintech is on fire! November 2024 saw some groundbreaking funding rounds that highlight the industry's innovation and resilience. From next-gen payment platforms to AI-driven financial solutions, investors are clearly betting big on the future of finance.  Key takeaways:   📈 Massive capital inflow fueling growth and R&D.   🤝 Collaborations between startups and traditional financial institutions.   🌍 Focus on global expansion and digital inclusion.  What's your favorite fintech funding story of the last month? Let's discuss!  #FintechFunding #Innovation #Startups #DigitalTransformation #TechTrends #AIInFinance #GlobalExpansion   https://lnkd.in/dqaitxr4

Check out our latest article on the evolution of Fintech! #glazedsolutions #Fintech #startups #development

🚀 "Too many startups, both within and outside of fintech, develop innovative technology and then look for appropriate use cases. Instead, startups must ensure they are solving a real challenge for potential customers." - Daniel Cohen, CEO of PayU GPO From fintech startup investments to the broader evolution in the investment landscape, our CEO, Daniel Cohen, shares invaluable insights with FintechMagazine. Dive into the article below to discover how the fintech industry is adapting to meet the evolving needs of customers and investors alike. #FintechInnovation #StartupStrategy #FintechMagazine #PayUGPO

In fintech VC news, South African startup Ukheshe (EFT Corporation) has rebranded as EFT Corporation Limited after acquiring EFT Corporation earlier this year. This strategic move aims to enhance their reach and position as a financial inclusion catalyst in Africa. Discover more about this transformation in Disrupt Africa written by Tom Jackson: https://lnkd.in/ejquwEQM #Venture #VentureCapital #VC #Fintech #FintechNews

Estonian fintech startup raises €10 million to build a unified platform for portable credit profiles across Europe Tallinn-based fintech Mifundo has raised €10 million to develop a cross-border data platform for portable credit profiles across the European Union. The funding includes €1.2 million from a pre-seed round led by Tera Ventures, with participation from Opus11 VC and angel investors such as Mihkel Karu (ex-Skype) and Sergei Anikin (ex-Pipedrive). Additionally, Mifundo secured a €2.5 million grant and €6.3 million in matched funding through the European Innovation Council (EIC) Accelerator. This backing will allow Mifundo to advance its platform, aimed at unifying EU credit systems and improving financial accessibility across borders. https://lnkd.in/dEVWJpJ3 #funding #balticmade #estonia #fintech #startups #trending

In the past decade alone, the fintech industry has witnessed an incredible influx of investment, with over $370 billion injected into startups worldwide. But what does this mean for the future of fintechs? Abdul Abdirahman, Principal at F-Prime Capital, sheds light on this. In F-Prime Capital’s recent State of Fintech report, Abdirahman and his colleagues took stock of the sector’s progress over the last decade, identifying the companies that have reached (or are about to reach) enterprise scale. Beyond the established giants, the F-Prime Fintech Index highlights a cohort of companies on the cusp of joining the billion-dollar revenue club. It is worth noting how quickly these companies have surged to this milestone. Take Block (formerly Square), for example, which skyrocketed from zero to over $1 billion in revenue within just five years. Curious about the current state of fintech and its trajectory towards unparalleled growth? Dive deeper into Abdirahman's insights and explore the vast possibilities that lie ahead: https://lnkd.in/gRAj2q85 #FintechNews #Fintechs #Finance #Economics #Technology #Investing

The Regional Fintech Revolution Presents Untapped Opportunities for Startups: Financial technology, or fintech, is one of the most invested sectors in the Middle East and North Africa (MENA). Boasting more than 800 startups ...