HUB2’s Post

🚀 **Exciting Milestone for SME Empowerment in the Fintech Sector!** 🌟 We are thrilled to announce that Finom, a leading innovator in the fintech industry, has successfully secured €50 million in Series B funding, as highlighted by Fintech Industry Examiner. This significant achievement marks a pivotal moment for Finom, reinforcing its mission to provide comprehensive and tailored financial services for small and medium-sized enterprises (SMEs) and freelancers throughout Europe. 🔗 Read the full insights here: https://lnkd.in/gFCNmGEw Founded in 2019 and headquartered in Amsterdam, The Netherlands, Finom has shown remarkable growth, now serving over 85,000 businesses across key European markets. This latest funding round, co-led by Northzone and General Catalyst with participation from Target Global and others, is a testament to the strong investor confidence in Finom's vision and its impactful solutions. Special mentions to Finom founders @Andrey Petrov, Yakov Novikov, Oleg Laguta, and Kos Stiskin for their visionary leadership. Also, a shoutout to our partners at Northzone, General Catalyst, and Target Global for their continued support in Finom's journey. Stay tuned for more updates as Finom expands its innovative services, aiming to redefine SME banking in Europe. Let's celebrate this monumental step forward in the fintech landscape! #Finom #Fintech #SeriesBFunding #SMEBanking #Innovation #DigitalBankingSolutions #EuropeanUnion #FinancialServices

VEON's fintech verticals JazzCash, Simply Kazakhstan, Beepul and Balance.kg collectively processed a gross transaction value of USD 24 billion over the past twelve months, significantly advancing the digitisation of economies in Pakistan, Kazakhstan, Uzbekistan, and Kyrgyzstan. To find out more about the growing digital capabilities and services offered by VEON, and how its operating companies Jazz and Mobilink Microfinance Bank Ltd, through their fintech arm JazzCash, are accelerating digital and financial inclusion in Pakistan, read the news story based on Aamir Ibrahim's keynote address at Money20/20.

𝐒𝐭𝐚𝐧𝐝𝐚𝐫𝐝 𝐂𝐡𝐚𝐫𝐭𝐞𝐫𝐞𝐝'𝐬 𝐂𝐚𝐫𝐛𝐨𝐧 𝐂𝐫𝐞𝐝𝐢𝐭 𝐑𝐞𝐯𝐨𝐥𝐮𝐭𝐢𝐨𝐧, 𝐌𝐚𝐬𝐭𝐞𝐫𝐜𝐚𝐫𝐝’𝐬 '𝐖𝐞𝐛' 𝐨𝐟 𝟓, 𝐚𝐧𝐝 𝐛𝐮𝐧𝐪’𝐬 𝐈𝐧𝐬𝐭𝐚𝐧𝐭 𝐈𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 𝐀𝐜𝐫𝐨𝐬𝐬 𝐄𝐮𝐫𝐨𝐩𝐞 All served in Edition #119 of the Weekly Fintech Brew! ☕ 🗞️ Last week showed us that the fintech landscape is rapidly evolving with a strong emphasis on personalisation, security, digital inclusion, and the integration of advanced technologies like blockchain and tokenisation. 🌐 Major financial institutions and startups alike are focusing on innovative solutions that enhance user experience, operational efficiency, and access to financial services across diverse markets. Here's a glimpse into some recent developments: ☝️Fintechs like Belvo are tackling financial inclusion challenges by providing solutions like employment data aggregation, enabling lenders to make more informed credit decisions. ✌️Distributed ledger technology (blockchain) is more than just a buzzword. Mastercard's strategic investment in blockchain startups through its Start Path program highlights the immense potential of this technology in areas like digital assets and web3 solutions. 👌Open banking is another key driver, as evidenced by BNP Paribas' launch of the Personal Data Information Service (PDIS) API. This facilitates secure data sharing and unlocks new possibilities for businesses. 📰 There are more names that are keeping this edition brimming with fintech highlights, including: Visa, Standard Chartered, HSBC, Ember, WINK Pay, bunq, Paymentology, YouLend, Wirex, Nubank, Sumeria , Temenos, Polymarket, Clarity AI... and many more! 🔗Happy Learning! Dive into exclusive resources curated just for you at the end, featuring: PYMNTS X Elan Credit Card, Boston Consulting Group (BCG), Qover, Aeropay, and some of our latest in-house curations! ___________________ Each week, we brew up the hottest fintech headlines and updates, delivered fresh off the press. 𝐍𝐨 𝐧𝐞𝐞𝐝 𝐭𝐨 𝐬𝐜𝐨𝐮𝐫 𝐭𝐡𝐞 𝐰𝐞𝐛 - 𝐰𝐞'𝐥𝐥 𝐜𝐮𝐫𝐚𝐭𝐞 𝐭𝐡𝐞 𝐭𝐚𝐬𝐭𝐢𝐞𝐬𝐭 𝐟𝐢𝐧𝐭𝐞𝐜𝐡 𝐛𝐢𝐭𝐬, 𝐥𝐞𝐚𝐯𝐢𝐧𝐠 𝐲𝐨𝐮 𝐢𝐧𝐟𝐨𝐫𝐦𝐞𝐝 𝐚𝐧𝐝 𝐢𝐧𝐯𝐢𝐠𝐨𝐫𝐚𝐭𝐞𝐝. Subscribe now and get your weekly fintech fix. We promise we won't leave you hanging with a bitter aftertaste! 👉: https://lnkd.in/gmuagw3Z #fintech #newsletter #embeddedfinance #openfinance #digitalfinance #DeFi #infrastructurefinance #greenfinance Your document has finished loading

ADIB Ventures by ADIB group is a major shift in the UAE Banking sector and Globally for Islamic banks ! Imagine a future with Islamic Banking is on the front of innovation with new growth channels , products and partners ! A whole new world just opened up

20 Fastest Growing Fintech Companies In 2024

𝐒𝐭𝐚𝐧𝐝𝐚𝐫𝐝 𝐂𝐡𝐚𝐫𝐭𝐞𝐫𝐞𝐝'𝐬 𝐂𝐚𝐫𝐛𝐨𝐧 𝐂𝐫𝐞𝐝𝐢𝐭 𝐑𝐞𝐯𝐨𝐥𝐮𝐭𝐢𝐨𝐧, 𝐌𝐚𝐬𝐭𝐞𝐫𝐜𝐚𝐫𝐝’𝐬 '𝐖𝐞𝐛' 𝐨𝐟 𝟓, 𝐚𝐧𝐝 𝐛𝐮𝐧𝐪’𝐬 𝐈𝐧𝐬𝐭𝐚𝐧𝐭 𝐈𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 𝐀𝐜𝐫𝐨𝐬𝐬 𝐄𝐮𝐫𝐨𝐩𝐞 All served in Edition #119 of the Weekly Fintech Brew! ☕ 🗞️ Last week showed us that the fintech landscape is rapidly evolving with a strong emphasis on personalisation, security, digital inclusion, and the integration of advanced technologies like blockchain and tokenisation. 🌐 Major financial institutions and startups alike are focusing on innovative solutions that enhance user experience, operational efficiency, and access to financial services across diverse markets. Here's a glimpse into some recent developments: ☝️Fintechs like Belvo are tackling financial inclusion challenges by providing solutions like employment data aggregation, enabling lenders to make more informed credit decisions. ✌️Distributed ledger technology (blockchain) is more than just a buzzword. Mastercard's strategic investment in blockchain startups through its Start Path program highlights the immense potential of this technology in areas like digital assets and web3 solutions. 👌Open banking is another key driver, as evidenced by BNP Paribas' launch of the Personal Data Information Service (PDIS) API. This facilitates secure data sharing and unlocks new possibilities for businesses. 📰 There are more names that are keeping this edition brimming with fintech highlights, including: Visa, Standard Chartered, HSBC, Ember, WINK Pay, bunq, Paymentology, YouLend, Wirex, Nubank, Sumeria , Temenos, Polymarket, Clarity AI... and many more! 🔗Happy Learning! Dive into exclusive resources curated just for you at the end, featuring: PYMNTS X Elan Credit Card, Boston Consulting Group (BCG), Qover, Aeropay, and some of our latest in-house curations! ___________________ Each week, we brew up the hottest fintech headlines and updates, delivered fresh off the press. 𝐍𝐨 𝐧𝐞𝐞𝐝 𝐭𝐨 𝐬𝐜𝐨𝐮𝐫 𝐭𝐡𝐞 𝐰𝐞𝐛 - 𝐰𝐞'𝐥𝐥 𝐜𝐮𝐫𝐚𝐭𝐞 𝐭𝐡𝐞 𝐭𝐚𝐬𝐭𝐢𝐞𝐬𝐭 𝐟𝐢𝐧𝐭𝐞𝐜𝐡 𝐛𝐢𝐭𝐬, 𝐥𝐞𝐚𝐯𝐢𝐧𝐠 𝐲𝐨𝐮 𝐢𝐧𝐟𝐨𝐫𝐦𝐞𝐝 𝐚𝐧𝐝 𝐢𝐧𝐯𝐢𝐠𝐨𝐫𝐚𝐭𝐞𝐝. Subscribe now and get your weekly fintech fix. We promise we won't leave you hanging with a bitter aftertaste! 👉: https://lnkd.in/gmuagw3Z #fintech #newsletter #embeddedfinance #openfinance #digitalfinance #DeFi #infrastructurefinance #greenfinance

Innovation at its best!!

What’s the current state of #FinTech? Latest data from the report, released by Dealroom.co, Motive Ventures and ABN AMRO Bank N.V. showed three interesting insights: ▷ Global fintech #VentureCapital funding declined for the second time in a row. Fintech funding is now at ~⅓ of its 2021 peak & its lowest since 2018. ▷ Less than 20% of FinTechs are public. A lot of private fintech value waits for an exit window such as an #IPO. ▷ Fintechs with #payment focus are now leading the pack, getting as much as 3x more funding. The US and Europe accounted for 68% of global fintech funding in 2023, up from 40-50% in 2016-2018. Check out the latest data from the “State of Fintech 2024“ report: 🔗https://lnkd.in/eMA9fYUT

Fintech focus part two: amid rapid tech development, are fintech players acquiring to keep up? Darran Nangle shares his observations of the Irish market with the Irish Times stating that “while the pace of emerging technology is certainly a material factor in driving M&A in fintech, it is not the only one at play”. Read more: https://lnkd.in/eAKEsVTd #Fintech #FinacialRegulation