F|T: The FinTech Times – Big Stakes

Jack Dorsey

Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read F|T before anyone else, make sure to subscribe using the form at the bottom of this page.

Brought to you by:
 



BetaKit

Desjardins Group takes on mobile-first generation with Zag Bank offering

There’s another mobile-friendly bank available to Canadians today, backed by another highly-regulated, CDIC-insured financial institution.



Wealthsimple

“Take Care of Yourself”

Our first advertising campaign launches this week. We hope it makes you crazy excited about being boringly responsible. (sponsored)



CNN Money

Visa discloses big stake in Jack Dorsey’s Square

Shares of Square surged nearly 10% on the news at one point Friday before pulling back.



Finextra

Payleven scoops an additional $10 million in funding

payleven, the leading mobile payments company for small and medium sized businesses, announced today the close of its Series D funding round with the addition of Seventure Partners as an investor.



BetaKit

Lessons learned from pitching tech on Dragons’ Den

“You have to pay attention to the story you’re putting out there. Pitching as a woman in FinTech was a strategic choice for us.”



TechCrunch

India’s Paytm Is Raising Another $400M To Build Out Its New Payment Bank

Alibaba-backed Paytm, one of the bigger e-commerce startups competing against Amazon in India, is raising money again, just months after a reported $680 million round.



BI

App-only bank Mondo is valued at £30 million in an oversubscribed £6 million fundraise

Mondo has raised £5 million from London-based early stage venture capital fund Passion Capital, which invested £2 million in the company last year. Mondo is today also launching a £1 million crowdfunding campaign on Crowdcube.



PYMNTS

BBVA Shutters Venture Arm For $250M FinTech Fund

The bank said in a release that it will use that $250 million in a United States fund and a European fund.



Subscribe to The FinTech Times

* indicates required



Douglas Soltys

Douglas Soltys

Douglas Soltys is the Editor-in-Chief of BetaKit and founder of BetaKit Incorporated. He has worked for a few failed companies and written about many more. He spends too much time on the Internet.