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Mexico and Brazil have been the ‘first movers’ when it comes to implementing Open Banking, but other Latin American countries are also making progress, as Ellie Duncan reports
The Fintech Accelerator programme commences on 7 June, with 30% of this year’s cohort featuring solutions created by female founders.
Under the agreement, the Swiss company is the first core banking software certified with Huawei infrastructure and Huawei Public Cloud.
The new programme, powered by Visa, will mean that European fintechs can issue payment cards in eight weeks.
The new accounting partnership will allow Revolut business customers to set up draft payments directly from Clear Books ‘in a couple of taps’.
The BNPL platform secured $30m in the Series B round and will use the proceeds to expand internationally.
The sustainable investment platform and app has secured £2 million from Channel 4 Ventures, with a TV advertising campaign due later in 2021.
New investors Future Positive, Kibo Ventures and FJLabs participated in the Latin American open finance platform’s fundraising.
Augmentum Fintech led the fundraising, which will enable the workplace savings fintech to buy another master trust, following its acquisition of Salvus Master Trust in 2020.
Emma Lovell, CEO of the Lending Standards Board, writes about the increased risk of APP scams and what the industry can do to protect consumers.
