The Weekly Wrap: all you need to know by Friday COB | Sept 26th

By Puja Sharma

The Weekly Wrap is published every Friday and recaps the week’s main stories and deals, as well as upcoming events and announcements for Prime subscribers only.

The Big Story

ABN AMRO has launched BUUT, a neobank designed to empower young people with smarter money management tools, built in collaboration with Mambu, the SaaS cloud banking platform. Delivered to market in just 12 months, BUUT demonstrates the speed, agility and digital-first focus driving the future of financial services.

BUUT provides a full suite of financial services within a single intuitive mobile app, including a Dutch IBAN account, savings and budgeting tools, payments and cards. By leveraging Mambu’s composable cloud platform, ABN AMRO is able to deliver seamless IBAN administration and core banking services that underpin BUUT’s payment and savings capabilities.

The launch of BUUT reflects ABN AMRO’s commitment to innovation, inclusivity and trust. With a proven track record of building successful digital ventures such as New10 in 2016, the bank continues to extend its ecosystem through partnerships that combine technological innovation with customer-centric design.

Deals of the week

• Premier Credit Uganda secures $1.5m to boost financial inclusion
• FinBox secures $40m to expand AI credit platforms globally
• Sunhat secures $10.8m to scale AI-driven ESG data verification
• Finastra launches ACH system to speed up transactions
• Profile Software adds Agentic AI to streamline banking workflows
• Bwatech raises $16m to expand Saudi digital finance platform
• Splash Financial raises $70m to expand AI-powered lending
• Tide secures $120m to boost global expansion
• SBS and Mainsys team up to simplify regulatory reporting

Be on the lookout for

Nominations Closed!!

The IBSi Global FinTech Innovation Awards 2025, set to take place on 21st November in Mumbai, will once again spotlight the most disruptive and transformative achievements in banking and financial technology. Now in its seventh year, the awards honour innovation across high-impact categories such as Core Banking, Digital Lending, AI/ML, and GenAI.

After a record-breaking 2024 edition—which drew 400+ submissions from 155 banks and 90 tech vendors—the upcoming awards are poised to set an even higher benchmark. Expect broader global participation, richer insights into bank–tech collaboration, and a data-driven judging process powered by IBS Intelligence’s proprietary research and analytics.

Beyond trophies, winners benefit from year-long visibility through editorial features, thought leadership opportunities, and industry event integrations—making this a platform not just for recognition, but for continued growth and influence.

The stage is set, nominations are in—now the countdown begins to GFIA 2025. Stay tuned as we celebrate the innovators reshaping the future of global FinTech.