WealthTech

Digital Debt Capital Markets nets £2.5m in seed funding

Digital Debt Capital Markets (DDCM), which aims to digitise the end-to-end life cycle of a bond, has scored £2.5m in funding from a group of individuals and family offices.

Chip has been given thumbs up by the Financial Conduct Authority

Money saving app Chip has been approved by the UK's Financial Conduct Authority (FCA) as an authorised payment institution.

Why financial institutions should invest in empathy

In an era where the customer experience has become more important than ever, ensuring your service is not only efficient but also highly customer-centric.

Open banking provider Bud collects $80m in Series B

Bud, an open banking provider, has raised $80m in a Series B funding round from TDR Capital.

HSBC acquires AXA Singapore in $529m deal

HSBC Insurance has completed the acquisition of 100% of the issued share capital of AXA Insurance in Singapore, for $529m.

Personal finance app Tally collects $50m in Series C

Personal finance platform Tally has collected $50m in a Series C round, bringing its total equity raised to $92m.

Five things FinTechs must know about Gen Z customers

Gen Z has presented FinTechs with plenty of opportunities, but failing to understand important aspects of this group could prevent businesses from capitalising on them.

Moonfare collects $35m for its private equity investment platform

Moonfare, which offers a digital investment platform for private equity investing, has received $35m in funding from German private equity firm Vitruvian Partners.

4G Capital said to receive loan from Citi

4G Capital, a neobank designed for the whole of Africa, has reportedly partnered with Citi to support the growth of micro-enterprises in Kenya.
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Stox nabs $30m in ICO which lasts two days

Financial data provider Stox.com has raised $30m in its ICO after just two days raising and makes it the ninth biggest ICO to date.

News Stories

Finastra and OpenFin partner to elevate Kondor with cutting-edge workspace technology

Finastra and OpenFin partner to elevate Kondor with cutting-edge workspace technology

Finastra, a global provider of financial software applications and marketplaces, has partnered with OpenFin, a leader in Chromium-based workspace technology for the financial industry.
Tyl by NatWest teams up with FSB to deliver cost-effective payment solutions for SMEs

Tyl by NatWest teams up with FSB to deliver cost-effective payment solutions for SMEs

Tyl by NatWest, a payment solutions provider known for its innovative technology and reliable service, has entered into a new partnership with the Federation of Small Businesses (FSB), a leading advocate for UK entrepreneurs and small businesses.
Topps Tiles partners with GoCardless to enhance Trade Pay service

Topps Tiles partners with GoCardless to enhance Trade Pay service

Topps Tiles, the UK’s leading tile specialist, has formed a strategic partnership with GoCardless, a prominent bank payments company, to enhance its Trade Pay service. This collaboration marks a significant step in Topps Tiles' efforts to deepen its engagement with the trade market.
SumUp secures record €1.5bn in one of Europe's largest private credit deals

SumUp secures record €1.5bn in one of Europe’s largest private credit deals

SumUp, a leading global FinTech company, recently raised €1.5bn from private credit lenders in a significant funding round led by Goldman Sachs. This transaction marks one of the largest European private credit deals in recent years.
Island's enterprise browser secures $175m in Series D, led by Coatue and Sequoia

Island’s enterprise browser secures $175m in Series D, led by Coatue and Sequoia

Island, the Dallas-based pioneer in enterprise browsers, today announced a significant boost to its financial standing and market position.

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