Fintech’s Post

Danske Bank joins the rank of investors in United Fintech #Danske Bank joins the ranks of institutional investors in United Fintech Group Limited, marking a pivotal moment in the evolution of collaborative innovation within the financial services sector. As the third institutional investor to secure a board seat, Danske Bank aligns itself with leading industry players like BNP Paribas and Citi, underscoring the significance of shared collaboration in driving forward the digital transformation agenda of global banking. Claus Harder, Head of Transaction Banking & LC&I Business Development at Danske Bank, expresses enthusiasm for the partnership, highlighting the vast opportunities for collaboration within United Fintech's ecosystem of fintech companies. This strategic move positions Danske Bank to enhance its customer value proposition by leveraging innovative solutions and engaging directly with emerging fintechs. By digitally supporting Danske Bank's Forward ’28 strategy, the investment in United Fintech opens doors to explore cutting-edge fintech solutions, forge strategic partnerships, and accelerate digital ambitions across various banking sectors. United Fintech, founded in 2020 by CEO Christian Frahm, stands at the forefront of industry transformation, offering an industry-neutral Digital Transformation Platform where financial institutions and technology providers converge to shape the future of finance. With investments from key players like BNP Paribas, Citi, and now Danske Bank, United Fintech propels collaborative fintech innovation into a new era, breaking down traditional silos and fostering collective growth and success. The announce on #Danskebank website in the first comment. Want to stay up to date with the market? Here my newsletter: - Linkedin: https://t.ly/s541W   - Substack: https://lnkd.in/dzfGJzmW

New Horizon Bank Joins American Fintech Council(AFC) Read more: https://lnkd.in/dfdAZgwE #AmericanFintechCouncil #NewHorizonBank #FintechCollaboration #finance #fintech #FinancialIT

Excited about how the ambitions of the United Fintech group continue to solidify with collaborations like this one. The institutional investment from Danske Bank demonstrates the enormous potential of the industry-neutral Digital Transformation platform. It reinforces our joint commitment to digital transformation and the growth of financial entities based on technological innovation, always keeping the customer at the center of the equation. Looking forward to exploring the new opportunities that this investment will bring us, both to Athena and the other partners! Read the news here 👇 #DigitalTransformation #AssetManagement #Fintech #BankingInnovation

Nordic challenger bank Lunar raises $24.1 million Nordic challenger bank #Lunar has reached a major milestone in its journey towards becoming the premier everyday bank in the Nordic #fintech market. In a recent announcement, Lunar revealed a successful supplementary funding round, raising an impressive €24.1 million. This round, led by existing major investors, marks another significant step forward for the bank. Ken Villum Klausen is at the helm of Lunar, driving its vision for growth and innovation. The funding round was backed by Lunar's major existing investors, demonstrating continued confidence in the bank's trajectory. Founded in Aarhus, Denmark, Lunar has quickly emerged as a key player in the Nordic banking landscape. With operations in Copenhagen, Aarhus, Stockholm, and Oslo, Lunar holds a unique position as one of the few banks with a Nordic banking platform. Lunar's successful funding rounds, totaling €50.9 million over the past four months, signify strong investor confidence in its growth strategies. The bank's focus on expanding its banking services, including its newly launched Banking Services business area, underscores its commitment to evolving into a full-service bank. Lunar aims to serve both private customers and businesses in Sweden, positioning itself as a comprehensive financial partner in the region. According to Ken Villum Klausen, securing €50.9 million amidst challenging market conditions is a testament to Lunar's growth potential. He emphasizes Lunar's dedication to extending its Nordic infrastructure to external partners and its broader vision of becoming a leading full-service bank in the region. The article on Tech.eu in the first comment. Want to stay up to date with the market? Here my newsletter: - Linkedin: https://t.ly/s541W   - Substack: https://lnkd.in/dzfGJzmW

Consolidation Trend Puts Bank-FinTech Partnerships in New Light Bank-FinTech partnerships offer the best of both worlds, combining banks' stability with FinTechs' speed and innovation. However, challenges arise from differing operational approaches; banks prioritize regulatory compliance, while FinTechs focus on rapid iteration. Aligning these models can be difficult, especially in real-time services. Successful partnerships focus on specific use cases, allowing FinTechs to enhance user interfaces while maintaining banks' core stability. Consolidation now favors FinTechs that understand banks' strengths and limitations. https://okt.to/omGki0

To everyone in the fintech field who will be in the vicinity of the event, - I encourage you to sign up and attend! I would, if I were you.. ! You’ll learn first hand from the masters of building bank-fintech relationships, which might have a profound effect on your business. #fintech #NelsonMullins

Discover how Lidion Bank empowers businesses to expand across Europe with tailored financial solutions, cross-border expertise, and the stability to thrive 🚀🌍 👉 Read more about the benefits of partnering with a truly pan-European bank here: https://lnkd.in/d2guPd_b #LidionBank #BankSmarterGrowFaster #CrossBorderTrade #FinancialSolutions #EuropeanMarkets

How can fintechs use high interest rates to navigate capital markets? 📈💰 Read the recent Finextra article on #fintech & #commercialbanking by Vladimir Krasik - Global Head of Internal Treasury at Revolut 👉 https://lnkd.in/eEnQhW95 #thelongread #finance #payments #challengerbank #economy #money #technology #innovation #future #trends #predictions #banks #banking #financialservices #financialinstitutions #digitalpayments #instantpayments #nextgenbanking #digitalbanking #capitalmarkets #interestrates #currency #startups #fx #banks #banking #capital #liquidity #liquiditymanagement #HQLA #assets #assetmanagement #regulation #riak #riskmanagement #IRRBB #treasury #treasurymanagement 

FinTech Futures: Top five news stories of the week – 13 September 2024: Here's our pick of five of the top news stories from the world of fintech this week, featuring UniCredit, Westpac, Mastercard and more.

According to a recent S&P Global report, fintech companies are increasingly evaluating bank charters amid intensified regulatory scrutiny on bank-fintech partnerships, especially within banking-as-a-service (BaaS). This heightened regulatory attention has prompted fintechs to assess whether reliance on bank partners aligns with their long-term strategy, leading some to explore the potential of a charter to gain more control. However, obtaining a charter isn’t always feasible for fintechs whose core focus isn’t on traditional deposit-based lending, and few have pursued full applications due to the rigorous requirements and financial commitments involved. The complexities of securing a bank charter extend to compliance, capital requirements, and regulatory alignment with traditional banking standards. In some cases, fintechs may prefer acquiring an existing bank with a robust compliance history and established capital, which can provide a smoother pathway than a de novo application. Yet, as interest grows, fintechs considering a charter need to assess alignment with core business needs and regulatory expectations, positioning themselves to “walk and talk like a bank” if they wish to succeed in today’s regulatory landscape. Bank Advisors is here to help you assess, collaborate, and implement your M&A bank goals for 2025. As fintechs and financial institutions navigate an evolving regulatory landscape and explore the potential of charters or acquisitions, partnering with experienced advisors can streamline decision-making and strategic execution. Reach out to Bank Advisors to discuss how we can support your objectives in this critical growth phase. ☎️ 630-926-2299 💻 www.BankAdvisorsLtd.com #Banking #Fintechs #Fintech #BaaS #BankAdvisors #Bankers #CommunityBankers #Mergers #MergersandAcquisitions Jeffrey Sondgeroth John Cresto