Tag: Banking

Fintech startup Clearbanc’s co-founder and CEO Andrew D’Souza shares how the Toronto-based company hopes to make growth capital more accessible to founders, who Clearbanc’s customers are, and how the business model works. 

Over the past decade, a host of fintech startups have popped up around the world, looking to both capitalize on existing business and bring investing ability to new markets. Bambu, a Singapore-based company that has built a robo-advising platform, is focused on the latter.

By now, it’s commonplace for banks to claim the mantle of “tech company.” But for OakNorth, tech and banking truly go hand-in-hand. Its data and technology platform, OakNorth Analytical Intelligence (ONAI), allows it to do balance sheet lending via OakNorth Bank in the UK, profitably originating over £2 billion without a single default or late payment since its launch in September 2015. Outside the UK, it licences its ONAI platform to banks and other lenders, operating as a PaaS business on the strength of its unique tech.

Like many startups today, Nummo was born in the cloud and given our industry and our future goals, we wouldn’t compromise any other aspects of our offering. People needed to feel their data is secure when using Nummo.

Tink, a personal finance management app based in Sweden, has a unique end goal in mind for its users: financial happiness. “We really wanted to take the complexity out of money management by presenting your finances and financial behavior in a more insightful way, and in the end, bring financial happiness,” says Jens Rantil, software and infrastructure engineer at Tink.

Starling Bank CTO Greg Hawkins talks about taking on an incumbent industry like banking, working with regulators, and helping customers live a more financially happy life.