855. News: Zopa reaches profitability, Chime get fined and Ant goes to Saudi

Benjamin Ensor and Jamie Campbell are joined by some great guests to talk about the most notable fintech, financial services and banking news from the past week, including: Zopa reach profitability and £4bn in deposits, Chime get fined for late refunds, iwoca reach £1bn in total funding and Ant Financial enter Saudi. And we discuss whether you should join an online community to help you save. This week's guests include: Sam Maule, Head of Business Development at Moov Kate Drew, Director of Research, CCG Catalyst We cover the following stories from the fintech and financial services space: Zopa Bank Amasses £4 Billion in Customer Deposits and hits annual profitability  Chime is fined $3.25M for delaying refunds iwoca Secures £270m From Citi and Barclays, Taking Total Investment Past £1bn Ant International expands into Saudi Arabia Banco Sabadell rejects €12bn takeover bid by BBVA J.P. Morgan taps Visa Direct for faster payments Chinese women are teaming up with strangers to save money --------------------------------------- Fintech Insider by 11:FS is a bi-weekly podcast dedicated to all things finance, banking, technology, and financial services.  Our expert hosts, with real industry experience, are joined by the biggest decision-makers, VCs, and reporters from across financial services including guests from Visa, Nubank, M-Pesa, Starling, and JP Morgan Chase to discuss the latest news, developments, and trends within the industry. Our weekly news show drops every Monday and tackles the biggest news stories, from acquisitions and launches, to regulatory changes and innovation. Then, every Friday our Insights show dives deeper into the hottest topics shaping the industry like web3 and BNPL. Whether you’re already immersed in the world of financial services, or just keen to learn more, this is the #1 podcast for you. 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 [email protected]! Learn more about your ad choices. Visit megaphone.fm/adchoices