Finovate Global France: Lydia Launches New Digital Brand, RockFi Raises Millions, Meet Finovate’s French Alums

This week, Finovate Global looks at recent fintech developments in France. French start-up Lydia announced the launch of a new digital banking brand this week. Named Sumeria, Lydia plans to invest more than €100 million in the new initiative, as well as hire 400 people over the next three years. Sumeria, according to a post Read more…

Finovate Global: Monzo’s Millions, A2A Payments in Australia, FinovateSpring’s International Alums

Challenge Accepted! Monzo Raises Millions U.K.-based challenger bank Monzo secured an additional $190 million (£150 million) in funding this week, adding to the $426 million (£340 million) raised just a few days ago. The Series I round, totaling $616 million (£490 million) gives the digital bank a valuation of $5.2 billion (£4.1 billion) and represents Read more…

Finovate Global Denmark: Financing Spend Management Solutions and Small Business Tools

A few days ago, we highlighted the $25.7 million (€24.1 million) investment secured by Danish challenger bank Lunar. Also this week, we noted partnership news from Denmark-based real estate tokenization platform – and FinovateSpring alum – DigiShares. With all this Danish fintech news, we are devoting this week’s edition of Finovate Global to the fintech Read more…

Finovate Global: Digital Banking in Romania, Alternative Lending in Latvia, ESG in the CEE

This week’s edition of Finovate Global reviews the latest fintech developments in Central and Eastern Europe (CEE). This region features a diverse range of countries including Albania, Bulgaria, Croatia, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, the Slovak Republic, and Slovenia. More than 250 million people live in the CEE, which has a Read more…

Finovate Global Nigeria: Payments, Supply Chain Financing, and a Look at our African Alums

This week Finovate Global looks at recent fintech news from Africa’s most populous nation: Nigeria. Nigerian blockchain network Zone secures investment Last week in Finovate Global we noted the news that Nigerian blockchain network Zone had raised $8.5 million in seed funding. This week we’re filling in some of the details of the investment – Read more…

Finovate Global Israel: Identity Verification, Data Privacy, and an Introduction to New Alums

This week’s edition of Finovate Global reviews the latest fintech headlines from Israel. We also introduce you to a quartet of new Finovate alums – all making their Finovate debuts at FinovateEurope last month – all headquartered in Israel. AU10TIX expands its Digital ID identity verification solution Israel-based identity verification and management specialist AU10TIX announced Read more…

Finovate Global Germany: Investing in Embedded Finance, Open Banking in Payments, N26 in France

This week’s edition of Finovate Global features the latest fintech news from Germany, where investors are backing innovations in embedded finance, payments companies are taking advantage of open banking, and the green shoots of crypto spring are growing ever more apparent. Solaris secures funding Germany’s embedded finance platform Solaris secured $103 million (€96 million) in Read more…

Finovate Global Sweden: Open Banking, New Leadership, and A Defense of Cash

This week’s edition of Finovate Global takes a look at recent fintech developments and news from Sweden. Over the years, Finovate has been proud to showcase a number of fintechs from Sweden, a country with a population of more than 10.5 million and the twelfth largest economy as measured by GDP. Last month at FinovateEurope, Read more…

Finovate Global Latin America: Investment and M&A Drive Innovation in Payments and Lending

This week’s edition of Finovate Global takes a look at recent fintech developments in Latin America. The region was one of the few places in the world to see significant fintech funding in Q2 of 2023. Further, fintech in Latin America will be the focus of a special panel at FinovateSpring in May. Here are Read more…

Finovate Global: Fintechs Representing More than 15 Countries to Demo at FinovateEurope 2024

FinovateEurope 2024 will have its fair share of local talent demoing live on the Finovate stage on 27 February in London. And while we’re looking forward to the return of FinovateEurope 2023 Best of Show winner NayaOne, we’re also excited to meet a whole bunch of U.K.-based fintechs that are making their Finovate debuts: FinovateEurope Read more…

Finovate Global Mexico: Banorte’s Digital Bank, Amazon’s BNPL Partnership with Kueski Pay

This week in Finovate Global we take a look at some recent fintech developments in Mexico. First up is news that Grupo Financiero Banorte has launched Mexico’s first fully digital bank, bineo. The company noted that it hopes to add 2.8 million new customers in the next five years. “The launch of bineo is a Read more…

Finovate Global Switzerland: Temenos Unveils Enterprise Services, Rivero Raises $7 Million

Swiss fintech Temenos launched its end-to-end Temenos Enterprise Services on the Temenos Banking Cloud this week. The new offering will enable banks to lower the cost, complexity, and risk of modernization, and deploy new software solutions in 24 hours. Temenos President Product and Chief Operating Officer Prima Varadhan called the offering “a game-changing approach.” Varadhan Read more…