Video: Top fintech stories this week – 12 June 2020
The FinTech Futures weekly round-up of the industry’s top stories and developments from across the globe.
This week we cover:
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Deutsche Bank set to launch fourth e-FX hub in Singapore
The hub will be developed and staffed locally.
Stripe adds Bacs Direct Debit to compete with UK rivals
Stripe will directly compete with UK home market player GoCardless.
Chargeback raises $6.6m in Series A funding
The round was led by Fintop Capital and Next Frontier Capital.
Santander to hire 3,000 IT workers this year for digital transformation
“They will be at the heart of our transformation,” says bank.
Codat raises $10 million in Series A funding
Financial data fintech plans US expansion.
Klarna dips its toe in the savings market with Raisin
Offerings range to terms of up to 48 months.
Muniy chooses HooYu for KYC and raises £200,000
The fintech says it will allow merchants to pay a lower transaction processing cost.
Fintech pirkx lands £960,000 and gains former Google exec
The UK company is expanding to Australia, South Africa and the US.
Source: https://www.fintechfutures.com/2020/06/video-top-fintech-stories-this-week-12-june-2020/
