715. News: Abound raises $601m for AI lending and Griffin levels up with banking licence

Our expert hosts, Ross Gallagher and David Barton-Grimley, are joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week. We cover the following stories from the fintech and financial services space: Open banking startup Abound nabs $601M to supercharge its AI-based consumer lending platform - 5:35 BaaS platform Griffin secures UK banking licence with restrictions - 16:05 Woman, 91, loses account and pension after Barclays declares her dead - 30:25 Western Union turns to MFS to expand global money transfers - 42:38 Your Juno partners with Wealthify to bring financial education to women and non-binary people - 52:10 Metro Bank stores are safe spaces for domestic abuse victims - 54:00 People are posting their failed Monzo applications on TikTok - 57:30 This week's guests include: Michelle He, Co-Founder and COO, Abound David Jarvis, CEO, Griffin With soundclips from: Kumar Shourav, Managing Director - MTOs, MFS Africa Anna Decoudu, Lending Director - Consumer Finance, RateSetter/Metro Bank 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, Ross Gallagher, Benjamin Ensor, and Kate Moody - 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. If you enjoyed this episode, don't forget to subscribe and please leave a review Follow us on Twitter: @fintechinsiders where you can ask the hosts questions, or email podcasts@11fs.com! Get your tickets for our next After Dark here Special Guests: Anna Decoudu, David Jarvis, Kumar Shourav, and Michelle He. Links: Open banking startup Abound nabs $601M to supercharge its AI-based consumer lending platform BaaS platform Griffin secures UK banking licence with restrictions Woman, 91, loses account and pension after Barclays declares her dead Western Union turns to MFS to expand global money transfers Your Juno partners with Wealthify to bring financial education to women and non-binary people Metro Bank stores are safe spaces for domestic abuse victims People are posting their failed Monzo applications on TikTok Learn more about your ad choices. Visit megaphone.fm/adchoices

Om Podcasten

Fintech Insider is your ultimate guide to the world of finance and fintech from 11:FS. Our expert hosts, with real industry experience, are joined by the biggest decision-makers, VCs, and reporters from across financial services including Visa, Monzo, Nationwide, JPMorgan Chase, Wise, the Financial Times, and more to discuss breaking news and deep dive into the biggest topics and trends within the industry. Our weekly news show drops every Monday and tackles the biggest news stories across M&A, open banking, embedded finance, payments, regulation and more. Then, every Thursday our Insights show dives deeper into the hottest topics shaping the industry like AI, regulation, Big Tech, the cost of living crisis, and more. Whether you’re already immersed in the world of financial services, or just keen to learn more, this is the #1 podcast for you. Want to get involved in the conversation? Connect with us now on LinkedIn, Instagram and TikTok