F|T: The FinTech Times – AI authentication

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:

STACK FinTech Times


BetaKit

Koho raises $8 million from Portag3 as Paul Desmarais III and Mike Katchen join board

Set to scale, Koho wants to avoid the common FinTech hype cycle.


Stack

STACK RECOMMENDS: Exclusive: Royal Bank of Canada using blockchain for U.S./Canada payments – executive

“Great to see Canadian financial institutions acknowledging the opportunity in blockchain.”
– Miro Pavletic, CEO and co-founder of STACK


CNBC

HSBC to let UK customers manage different bank accounts on one screen with new app

HSBC said the app will be heavily targeted at millennials and is designed to simplify the process of managing savings.


TechCrunch

Onfido raises $30M more for its AI-based identity verification technology

Onfido, which mainly serves banks and FinTech companies, raised the funds from Crane Venture Partners, Microsoft Ventures, Salesforce Ventures, and others.


Finextra

Stockpile raises $30 million for fractional stock trading app

Stockpile raised the Series B funding from Fidelity-backed Eight Roads Ventures.


FinSME

Kyriba receives $45M equity financing

Kyriba, which provides cloud treasury and financial management solutions, raised the funds from Sumeru Equity Partners, with participation from existing investors.


Finextra

Dubai Economy preps digital currency

Government-backed development agency Dubai Economy has signed an MoU with UK-based smart ID firm Objet Tech to help create and implement emCash. The encrypted digital currency will allow people to pay for various government and non-government services.


Forbes

How consulting firms are the key to saving FinTech brands

With all the buzz around FinTech as an industry set to revolutionize financial services, banking, payments, and other segments, it may be surprising to hear that many companies within it are also struggling to make it.


Subscribe to The FinTech Times

* indicates required



Amira Zubairi

Amira Zubairi

Amira Zubairi is a staff writer at BetaKit. As a fourth-year journalism student who has written primarily about entrepreneurship, Amira has developed a growing interest in Canadian startup, business, and tech news. In her free time, Amira enjoys reading, baking and watching legal shows.