digital banking

Nov
28

HSBC to build the bank of the future by giving its 30,000 devs access to APIs

HSBC is building a new digital banking platform, with the organisation looking to power the bank of the future through the use of APIs. Turning to Salesforce-owned MuleSoft, HSBC chief architect of digital technologies Prakash Sethuraman said the bank is taking advantage of open banking to develop new, “connected” experiences for its more than 38 […]

By Reposted by International FinTech | Banking . FinTech
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Nov
11

Tencent to build virtual bank after Hong Kong regulator approves license

Chinese internet giant Tencent is set to open a blockchain-based virtual bank after the Hong Kong Securities and Futures Commission (SFC) approved a new license. Speaking at the World Blockchain Summit in Wuzhen, China on Friday, Tencent blockchain chief Yige Cai said the company’s virtual bank received the SFC’s green-light. Moving forward, the company will […]

By Reposted by International FinTech | Banking . Blockchain . FinTech
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Nov
05

Amica Financial Technologies raises $24 million in funding

Amica Financial Technologies, an upcoming digital retail bank founded by Citrus Pay cofounder Jitendra Gupta, has received $24 million in its maiden funding round. The funding is backed by a long list of institutional investors including Greyhound Capital, 3One4 Capital, Germany’s Rocket Internet, venture capital funds Matrix Partners and Sequoia Capital. Gupta, a former PayU […]

By Reposted by International FinTech | Banking . FinTech . Investing . Venture Capital
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Nov
04

Nubank surpasses Revolut, Monzo and N26 combined with 18 million app downloads over the past year

If there was ever any doubt, you best believe that Nubank is growing exponentially fast and won’t be slowing down anytime soon. Making this all the more evident is the fact that the Brazilian fintech unicorn has seen over 18 million app downloads this past year. Based on a report from Apptopia, that’s more than […]

By Reposted by International FinTech | Banking . FinTech
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