SAVR and FNZ collaborate to revolutionise Nordic investment
SAVR, a renowned savings company, has joined forces with FNZ, a global powerhouse in wealth management platforms.
Just over half of retail investors would use a robo-adviser
Robo-advisers have risen in popularity, but only 53% of retail investors would consider using a robo-adviser platform.
New funding takes 51 Credit Card round to $400m
Chinese credit card management app 51 Credit Card Manager has raised $84m in what’s being described as a C+ round from Harvest Capital and Yintai Group.
Poor digital experiences could make millennials swap banks
Traditional banks are facing growing competition from neobanks, but now they have a new reason to beef up their digital banking experiences.
Challenger bank OakNorth closes ?154m investment
Challenger bank OakNorth has secured a ?154m investment to help it lend ?1.5bn to UK businesses next year.
Danske Bank’s profits drop as the lender deals with fallout from a massive money-laundering...
The Danish lender Danske Bank saw its shares plummet by 4.1% as it revealed that it is expecting net profits to be on the low end of its previous estimates.
Neo bank Juno said to raise $3m in seed round
Neo bank Juno has reportedly raised $3m in a seed funding round led by Polychain Capital and Sequoia Capital India’s accelerator Surge.
Nium pens deal to power cross-border payments for Cambodia’s PhillipBank
Singapore-based cross-border payments startup Nium has signed a deal to power cross-border payments for the clients of PhillipBank, one of Cambodia’s growing banking group.
TONIK Financial scores $6m in funding round
Southeast Asian digital bank TONIK Financial has netted $6m in its funding round which was led by Insignia Ventures Partners and Credence Partners.
YieldStreet enters retirement space following WealthFlex acquisition
Wealth management platform YieldStreet has entered the individual retirement account (IRA) space following the acquisition of WealthFlex.
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