FinTech Daily News –Soft launch Edition #2, 23.05.2017
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FinTech Daily News – Soft launch Edition #4, 25.05.2017
May 25, 2017

FinTech Daily News – Soft launch Edition #3, 24.05.2017

FinTech Daily News

by Florin Oprea

Edition #3, 24.05.2017

Deals, Investments & M&As

R3 Secures $107m Investment For DLT

Automated Trader

Top investors include SBI Group, Bank of America Merrill Lynch, HSBC, Intel & Temasek.

FAO: Next, later this year, the third and final tranche. You can read more on this in Blockchain Daily News.

Jack Ma’s Ant Financial Close To Buying MoneyGram

Josh Kosman – NY Post

Chinese billionaire Jack Ma’s Ant Financial is moving closer to getting regulatory approval to buy MoneyGram, The Post has learned — despite concerns in Washington about money laundering.

PandaDoc Closes $15m Series B, Backed by Rembrandt, Microsoft Ventures, HubSpot & Altos

Globe Newswire

Baltimore Fintech Startup Blispay Raises $12 million

Baltimore Sun

Regtech

RIMES Hosts Regulatory Seminar in London to Prepare Buy-Side for EU Benchmarks Regulation

Business Wire

RIMES Technologies, the leading provider of managed data services and RegTech solutions for the buy-side, is hosting its second BMR Seminar in London on 7th June. The event takes place six months ahead of the enforcement of the EU’s landmark Benchmarks Regulation (BMR) on 1st January 2018, and will provide asset managers, owners and servicers the information they need to ensure they’re compliant.

Retail banking

Bank/Fintech Collaboration Can Take Transaction Banking To New Heights

Finextra

Claudio Camozzo and Jan Kupfer, global co-heads of Global Transaction Banking at UniCredit, argue that bank-fintech collaboration alongside a customer-focused approach is essential to seize – and maximise – the opportunities at hand.

At This Rate, Fintech Will Slaughter India’s Banks

Andy Mukherjee – Livemint

Even if they are successful in cleaning up stressed assets mess, banks—especially state-run ones—will end up ceding a lot of ground to fintech.

FAO: A sum up of some of India latest fintech deals. Among them Paytm’s $1.4B deal, mentioned yesterday.

Danish Fintech Startup Clearhaus Buys 33% of a Danish Bank – Eyeing New Business Model and Expansion

Business Wire

The Danish Fintech startup Clearhaus has recently acquired 33% (worth 10 mil EUR) of the Copenhagen Cooperative Bank.

Cap Markets & Other

NEX Optimisation Transforms Business To Better Serve Clients

MondoVisione

NEX Optimisation has launched five new ‘solutions pillars’ powered by TriOptima, Traiana, Reset, NEX Data, ENSO and Abide Financial. The solutions pillars will allow NEX Optimisation services to interoperate, forming end-to-end solutions that solve collective industry problems such as trade and portfolio management and regulatory reporting.

FinTech People

Citywire announced that Samir Desai, the Founder & CEO of Funding Circle, the P2P lender to small businesses, has stepped down from the platform’s investment company.

NEX Optimisation announced that Andrés Choussy joins the company from J.P. Morgan to lead one of the five new ‘solutions pillars’.  At J.P. Morgan  Choussy headed the Derivatives Clearing business in the Americas.

Fidor, the innovative provider of digital banking solutions, appointed Jeff Hibbard as Chief Product Officer.

Big Investment Bets From The ‘Mayor of Fintech’: Here’s what’s in Ron Suber’s Portfolio

bizjournals

Ron Suber, the president of marketplace lender Prosper Marketplace, has been dubbed the “Mayor of Fintech” for his secondary position outside of his full-time job.

The Former Citigroup MD Trying To Bring Bankers Out Of The Dark Ages

efinancialcareers

He’s learned one key thing – people working in banking are panicking.

Latest FinTech developments & agreements

Kickstarter Set To Launch In Japan, Where Hardware Startups Are Finding It Hard

TechinAsia

Nearly one year after Kickstarter first began opening up to Asia, the popular crowdfunding store is set to venture into Japan.

Accelerators & Hubs

Talks Held On Creating Scotland’s First Major FinTech Hub

Scotsman

Scottish Financial Enterprise’s FinTech Steering Committee this week held talks on creating the country’s first major FinTech Hub.

500 Startups To Speed Up Funding Activity After Last Year’s Lull

VCCircle

500 Startups, a Silicon Valley-based startup accelerator and early-stage venture capital fund house, is looking to close at least 12 investments in India in 2017.