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Freelancer banking startup Lili raises $15M

TechCrunch

The startup, founded by CEO Lilac Bar David and CTO Liran Zelkha, is creating a bank account and associated products designed for freelancers, with features like early access to direct deposit payments and the ability to set aside a percentage of income for taxes. . Lili raises $10M for its freelancer banking app.

Banking 283
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UK challenger bank Starling raises $376M, now valued at $1.9B

TechCrunch

Challenger banks continue to see huge infusions of cash from investors bullish on the opportunity for smaller and faster-moving tech-based banking startups to woo customers from their larger rivals. The bank is already profitable. Challenger bank Starling is out raising a new £200M funding round. billion) post-money.

Banking 275
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Redefining customer experience: How AI is revolutionizing Mastercard

CIO

Once synonymous with a simple plastic credit card to a company at the forefront of digital payments, we’ve consistently pushed the boundaries of innovation while respecting tradition and our relationships with our merchants, banks, and customers.

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Six steps to creating a successful IT strategy: A guide for CIOs

CIO

Gerald Johnston , an adjunct research advisor with IDC’s IT Executive Programs (IEP), founded GJ Technology Consulting, LLC, where he assisted global financial institutions and helped launch a UK startup bank.

Strategy 200
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Your Team's Pragmatic Guide to Security

Speaker: Naresh Soni, CTO, Tsunami XR

By understanding the latest threats and their solutions, you can come out of this crisis stronger than ever--without breaking the bank. We are excited to be joined by a CTO who is an expert in pragmatic choices around security.

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Plaid cofounder’s next venture is a bank to power fintech apps

TechCrunch

In 2019, William Hockey, the cofounder of fintech business Plaid, announced that he would step down from his position as Plaid’s chief technology officer and president. To rephrase, Hockey founded a bank called Column. “We are both the bank and the technology provider.” The reason?

Fintech 231
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Klarna launches new Klarna Kosma division for its open banking platform

TechCrunch

Like Tink, Klarna offers an open banking application programming interface (API) with Klarna Kosma. There are other open banking API companies, such as TrueLayer and Plaid. If you’re building a financial product and need to interact with bank accounts, you have one more option. Open banking APIs do the heavy-lifting for you.

Banking 228