638. News: Allica bank raises for SMEs and Backbase raises to transform the back end of banking

Episode 821 · June 20th, 2022 · 58 mins 21 secs

About this Episode

Our expert hosts, Benjamin Ensor and Gwera Kiwana, are joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week.

This week's guests include:

  • Søren Aabel Hammer, CEO, Mazepay
  • Keshvi Radia, Head of Product for Payments, Allica Bank
  • Tim Rutten, SVP of Strategy, Backbase

With soundclips from:

  • Richard Davies, CEO, Allica Bank
  • Jacob Groth, Customer Relations Director, P27

We cover the following stories from the fintech and financial services space:

  • Allica Bank secures £55m in equity and debt round - 5:50
  • Backbase secures €2.5bn valuation after €120m investment - 16:30
  • Instant payments top the agenda for Swedish banks says P27 - 29:45
  • Starling snaps up £500m mortgage book in shift from Covid loans - 39:05
  • MFS Africa extends its Series C by $100m, bringing total to $200m - 47:30
  • CaixaBank and Microsoft explore the metaverse - 49:10
  • Shopify loses early big investor over rising competition - 50:40
  • Deadmau5 is launching his own online bank - 53:00

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Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. It’s hosted by a rotation of 11:FS experts including David M. Brear, Simon Taylor, Jason Bates and Gwera Kiwana, as well as a range of brilliant guests. We cover the latest global news, bring you interviews from industry experts or take a deep dive into subject matters such as APIs, AI or digital banking.

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