Starling customers will now be able to set up an engaging, accessible and high performing pension in minutes

Penfold, the digital pensions platform, has today announced they have been added to Starling Bank’s Personal Marketplace, allowing customers to set up a Penfold pension through the Starling app in a matter of minutes.

Partnerships

Segmint partners with Snowflake to revolutionize payment transaction enrichment for financial institutions 

1. Eleven Ventures raises €60 million fund 

Moglix has raised $250 Million in its latest Series F funding round, at a valuation of $2.6 Billion. This investment was led by Tiger Global and Alpha Wave Global with Hong Kong based Ward Ferry coming onboard as a new investor.

In 2019, Moglix was the first B2B sector investment in India by Tiger Global which continued to double down and invest in Moglix over the last 3 years. Early investors, who had invested in Moglix during the seed stage have seen an 80X return on their investment in this B2B commerce pioneer.

Success in Securing Enterprise Organizations Against Cyberattacks Attracts Series E Funding and Cements HackerOne As Category Leader

Digital bank Nubank has hired Rafa Plantier from Open Banking platform Tink as head of strategy and business development.

Plantier confirmed that he will continue to be based in London in his new role at Brazil’s Nubank.

In a LinkedIn post, Plantier wrote: “I’m thrilled to be joining Nubank as head of strategy and business development – leading an incredibly talented group of people spread across all of its business units and supporting its long-term growth ambitions.”

Banks have spent billions on digital transformations, yet client documentation processes are still highly manual and costly because they are missing the point.

Agreements that were once made by handshake have now become a complex multi-step process that can take months to complete. Typically, a document is manually generated, printed, emailed, and reviewed before being scanned and digitized after it’s signed. 

We believe the rise of activist investing can bring much needed accountability and change at a company level in 2022, and those not willing to commit to much-needed ESG targets may lose their competitive edge.

Prytek Holdings Pte. Ltd. (“Prytek” or the “Group”) has today completed a strategic investment in ThriveDx (formerly HackerU), a leader in digital skills training, signaling the closing of a significant round of funding. Prytek, a global technology and investment corporation, has doubled-down on their strategic investment in ThriveDX bringing Prytek’s total investment in the company to over $100 million. 

When looking at 2021 in review, two fintech trends factor prominently -- Buy Now, Pay Later (BNPL) and technology driving financial empathy/inclusion.