514. News: Fintechs face the dark side of BaaS & Nigerian challenger Kuda raises $25m

1h07 listen

Adam Davis and Sarah Kocianski are joined by some great guests to talk about some of the most interesting stories of the last 7 days, including: One third of European fintechs have faced regulatory intervention because of their partner bank, Nigeria’s Kuda Bank raises $25m in Series A funding and Monty Python meets NFTs. All this and much more on today's Fintech Insider News.

Our expert hosts Adam Davis and Sarah Kocianski, 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:

  • Charles McManus, CEO of Clear Bank
  • Babs Ogundeyi, Founder and CEO of Kuda Bank

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

  • The dark side of BaaS: One third of European fintechs have faced regulatory intervention because of their partner bank 02:31
  • Nigerian challenger Kuda Bank raises $25m in Series A funding 20:12
  • OakNorth profits surge to £77.6m despite pandemic 36:22
    • Comment from Valentina Kristensen, Director of Marketing and Comms at OakNorth 37:29
  • Freetrade raises £50M 45:25
  • Zopa raises £20 million after exceeding bank performance targets 53:25
    • Comment from Jaidev Janardana, CEO of Zopa 54:27
  • Monty Python gets in on NFTs 01:04:23

This episode is sponsored by Banking Circle
A fully licensed bank focused on payments, Banking Circle gives Financial Institutions and large corporates direct access to clearing in multiple countries, enabling them to deliver global payments faster and more cost-effectively for their customers. Bypass legacy systems, enable global banking services for your customers and grow your business.

Find out more at
LInk: https://www.bankingcircle.com/?utm_source=11FS&utm_medium=podcast&utm_campaign=generic

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Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. Hosted by a rotation of 11:FS experts including David Brear, Simon Taylor, Jason Bates and Sarah Kocianski and joined by 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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Follow us on Twitter: www.twitter.com/fintechinsiders where you can ask the hosts questions, alternatively email podcasts@11fs.com!

Special Guests: Babs Ogundeyi , Charles McManus, Jaidev Janardana, and Valentina Kristensen.

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