F|T: The FinTech Times – Losing a generation of women in finance

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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.

Senso, TransUnion sign deal to provide startup’s customer retention tech to mortgage lenders (BETAKIT)

Senso, which helps financial institutions predict behaviour of its clients, has signed an agreement with global credit reporting firm TransUnion.

Klarna raises $650 million at a $10.6 billion valuation (TECHCRUNCH)

Klarna says it is now the highest-valued private FinTech company in Europe following the funding round.

Nuvei prices initial public offering at $26 USD, set to begin public trading next week (BETAKIT)

Montréal-based Nuvei has officially set the price of its much-anticipated initial public offering on the Toronto Stock Exchange at $26 USD per share.

Market value of big FinTech companies rises to $1 trillion, more than the largest banks (CNBC)

The market caps of payment stocks like Visa and MasterCard have eclipsed the value of Wall Street’s biggest banks, even as their balance sheets remain significantly smaller in comparison.

As it launches savings accounts, Koho looks to increase “appeal and utility” as challenger bank (BETAKIT)

Challenger bank Koho is launching the newest evolution of its FinTech product line as it looks to increase its appeal to a broader swathe of Canadians.

COVID-19 is setting Canadian women in finance back by decades (BNN BLOOMBERG)

In the nation’s financial hub, where efforts have been made to boost the number of women in leadership positions, one survey shows nearly one in 10 has considered quitting their jobs while no men have even thought about it.

Nuvei stock surges, representing largest tech IPO in Canada (BETAKIT)

Nuvei’s stock prices soared in its first day of trading, with numbers making it the most valuable tech IPO in Canadian history.

Montréal sets new funding record with two massive travel tech deals in Q2 2020 (BETAKIT)

Montréal tech companies raised a record $566 million in venture funding over the second quarter of the year as the COVID-19 pandemic hit Canadian tech.

There’s a new wave of challenger banks looming, and profitability is on their mind (SIFTED)

If you’ve had enough of digital banks, avert your eyes now — because there’s an entire new generation on the horizon.

Futurist Amy Webb explains why COVID-19 is forcing businesses to ask new questions about data, trust (BETAKIT)

Amy Webb, CEO of the Future Today Institute and Debbie Gamble, chief officer of innovation labs and new ventures at Interac talk data, trust, and COVID-19.

Caitlin Hotchkiss

Caitlin Hotchkiss

Content coordinator, social media smartypants, wordsmith, Human Workflow™. Exists primarily on coffee, cat pictures, German dance metal, and pro wrestling. I will fight for your right to the Oxford comma.

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