Daily Fintech Podcast February 15th, 2022

This podcast episode is sponsored by Burgopak. Burgopak has an amazing range of proprietary packaging formats as well as an award-winning design studio, ready to help you develop your own world-class packaging.

Sign up for my Daily Fintech or Daily Digital Banking Newsletters here. Check out my latest podcast episode below:

💫 News Highlight: BBVA has reached an agreement to invest $300 million (about €263 million¹) in Neon, a Brazilian digital bank founded in 2016 that aims to improve access to financial services for individuals, self-employed and small businesses in its country.

⚡ Just in Apple announced the new Tap to Pay feature for the iPhone. This feature enables millions of Apple Pay merchants to easily facilitate transactions using a simple tap regardless of the payment method.

⭐ Also, Singtel has entered an exclusive partnership with Zip, a financial services company, to add a Buy Now, Pay Later (BNPL) service on their Dash app, a non-banking mobile wallet.

👉🏻 Furthermore, Mexican investment platform Flink México will begin operating in Colombia in June or July as part of its Latin America expansion plan, Chief Executive Sergio Jimenez Amozurrutia said on Thursday.

🚢 Partnerships - Intesa Sanpaolo, Italy’s largest bank by total assets and one of Europe’s most profitable and sustainable financial institutions, has selected Thought Machine, the UK-headquartered core banking technology company, to power its new digital banking platform.

💰 Funding rounds & investments:

- Banked raised a $20 million Series A funding round led by Bank of America and Edenred Capital Partners.

- Stitch has raised $21 million in Series A funding. This news follows the $4 million Stitch raised out of stealth in February 2021, a prequel to the $2 million extension round it secured four months ago, bringing its seed round to $6 million.

🪂 New Launches & Features: Juni, the financial companion for e-commerce entrepreneurs, launched its new Visa credit card in the UK.