Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Social investing app Shares raises $40m for European expansion

London-based social and community-based investing app Shares is eying European expansion and a move into crypto after raising $40 million in a Series B funding round led by Valar Ventures.

25 July 2022

News/security

Firms failing to monitor social messaging

Financial services firms are falling short in their efforts to monitor employees' use of social media messaging despite ear-marking communications surveillance as an investment priority, according to recent research.

19 July 2022

News/payments

Instagram adds payments in chat

Instagram users can now buy products from small businesses using Meta Pay within the app's chat function.

18 July 2022

News/retail

NatWest launches TikTok Business Builder campaign

NatWest Business has taken to video app TikTok for a campaign aimed at reaching budding entrepreneurs.

30 June 2022

News/retail

Instagram starts testing NFTs

Instagram will start testing digital collectables this week, enabling creators and collectors to display their non-fungible tokens on their profiles.

09 May 2022

News/startups

BBVA fund invests in LatAm authentication startup Truora

BBVA investment fund Propel has lead a $15 million financing round in Colombian authentication startup Truora.

11 April 2022

News/crypto

Tintra announces world's first built-for-purpose Web 3.0 bank

RegTech firm, Tintra, has just announced the next stage in its development strategy – the launch of the world’s first ever Web 3.0 banking platform.

18 March 2022

News/startups

Social investing app Shares raises $40m

After securing $40 million in Series A funding, London-based social and investing startup Shares is launching its app.

03 March 2022

News/retail

Meta and Chime sue alleged phishing scammers

Meta and digital banking giant Chime have filed a first-of-its-kind joint lawsuit against two Nigerian-based individuals they say have been using Facebook and Instagram for phishing attacks designed to get access to victims' financial accounts.

10 February 2022

News/regulation

Major tech antitrust bill advanced by US Senate vote

The Senate Judiciary Committee voted 16-6 this week to advance a major tech competition bill, says CNBC.

21 January 2022

News/payments

Facebook Messenger tests Split Payments feature

Facebook Messenger is testing a feature called Split Payments that lets users share the cost of bills and expenses from within a group chat.

03 December 2021

News/people

David Marcus quits Facebook

David Marcus has quit as the boss of Facebook parent Meta's fintech unit after leading a frustrating effort to launch the Novi digital wallet and its associated stablecoin Diem.

30 November 2021

News/people

Dorsey resigns from Twitter

Jack Dorsey has resigned has CEO of Twitter, leaving him free to concentrate on leading his other company, payments giant Square.

29 November 2021

News/payments

Facebook fintech unit rebranded as Novi

As part of its Meta rebrand, Facebook has renamed its financial services and payments group from F2 to Novi.

08 November 2021

News/crypto

Nydig acquires Bottlepay

Bitcoin company Nydig has acquired social media-focused micropayments app Bottlepay.

02 November 2021

News/payments

PayPal says not currently looking to buy Pinterest

PayPal's share price rose by four per cent on Monday after the firm said it is not pursuing an acquisition of social media firm Pinterest "at this time".

25 October 2021

News/payments

PayPal exploring $39bn Pinterest bid - Bloomberg

Pinterest shares jumped 11% on Wednesday in the wake of reports that PayPal is investigating a $39 million takeover of the social media company.

20 October 2021

News/startups

Commonstock raises $25m for social investing platform

Commonstock, a social platform that is bidding to help retail investors separate the signal from the noise by letting users share their real-time portfolios, and then amplifying the best performers, has raised $25 million in a Serie A round led by Coatue.

06 October 2021