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Motive Partners - Sunday Brainfood

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This week marked a milestone for Motive Labs Member, Mastercard, as it announced its biggest ever acq
 
August 11 · Issue #157 · View online
Brainfood
This week marked a milestone for Motive Labs Member, Mastercard, as it announced its biggest ever acquisition in its history.
Mastercard has agreed to acquire Denmark-based Nets for 2.85 billion euros ($3.19 billion), using its biggest-ever acquisition to help extend a push into faster payments.
The deal gives the card network the infrastructure for real-time payments between bank accounts in Europe, as well as a suite of associated applications and services.

Quote of the Week
This week, Unqork, a leading cloud-based enterprise application platform, announced that Paul Walker, Motive Partners Global Advisory Council Member and former co-head of Technology for Goldman Sachs, has joined the Board of Directors as an Independent Director.
Speaking about his appointment, Paul said:
“I’m proud to be joining Unqork’s board. The company is already having a substantial impact on the speed and efficiency of enterprise application delivery in finance and insurance. I have spent my career leading projects that grapple with the complexity and difficulty of creating custom applications at enterprise scale. After looking under the hood of Unqork’s platform, I am convinced that their product will be game-changing for enterprise application development in many industries.”
Motive Podcasts
On the The Future of Finance podcast series, we bring you Xiaochen Zhang, President at FinTech4Good, which introduces cutting edge FinTech and blockchain solutions to emerging markets through incubation, acceleration and investment.
Our favourite moment?
08:32: Xiaochen talks about a few of the most exciting and disruptive companies that FinTech4Good has incubated and accelerated to date.
All episodes are on Apple PodcastsSpotify or Google Podcasts.
FinTech of the Week
Our FinTech of the Week is Unqork, a next-generation development platform that lets you build complex, industrial-strength apps on a single unified system without a line of code.
Why Unqork?
Welcome to the Do-It-Yourself Enterprise. Unqork has rethought the application development process and made it accessible for everyone. Unqork empowers you to create a beautiful, powerful and future-proofed application without having to write a single line of code.
Unqork offers a cost effective, faster and intuitive no-programming, drag-and-drop environment to build the applications you need to stay competitive.
How Can I Find Out More?
Seeing is believing! Schedule a personalized, live demo with one of Unqork’s product specialists to see Unqork in action. They’ll learn about your requirements, answer your questions, and show you some of Unqork’s amazing capabilities. They’d love to hear from you!
Upcoming Industry Events
Select M&A Activity
Mastercard buys real-time payments unit from Nets Group for $3.2bn
Billionaire Thomson to Buy 15% Stake in Argentine Digital Bank
KKR wins race to buy German payments group for €600m
Select Funding Activity
Snoop Dogg-backed firm Klarna becomes Europe's biggest fintech start-up valued at $5.5 billion
C2FO raises $200M for working capital marketplace led by Softbank Vision Fund
What We're Reading This Week
Can $5bn Klarna avoid the fate of other Swedish unicorns?
CommBank builds $5 billion digital war chest
Robinhood Officially Starts in UK
Inflated Bond Ratings Helped Spur the Financial Crisis. They’re Back.
The boomers going bust: why elderly bankruptcy is rising in America
Silicon Valley Fintech Financing Cellphones Coming to Brazil by Late 2019
Football fans borrowing cash in their thousands as season tickets too expensive
Regulation, Protection & Privacy
In a 130-page court filing, Kik claims the SEC’s lawsuit ‘twists’ the facts about its online token
Singapore eases approval process for fintech trials, unveils cybersecurity rules
Key Hires & Talent
Sponsored by JBM Consulting.
Unqork Names Goldman Sachs Alum Paul Walker to Board of Directors
Funding Circle boss James Meekings scales down as losses widen to £31 million
OakNorth names Jackson Hull as CTO and COO
Citi Appoints Raymond Gatcliffe as Head of Commercial Banking in EMEA
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