MoneyGram announced partnership with Saudi Arabian Al Rajhi Bank

Cross border payment company MoneyGram has inked a strategic partnership with Al Rajhi Bank, an Islamic bank.

OakNorth unveils proprietary COVID-19 credit framework to support commercial lenders

The coronavirus has skewed the old way of rating loans, which is why UK challenger bank OakNorth has developed its COVID Vulnerability Rating (CVR) framework to rate the risk of loans.

Hastee launches earnings on demand card

Earnings on demand company Hastee has announced the launch of a new contactless debit card, powered by Visa that will enable users to access and spend their accrued earnings in real-time.

Team8 announces new venture capital vehicle to invest in early-stage data, AI and cybersecurity...

Investor Team8 has unveiled Team8 Capital, a new venture capital vehicle that will be used to back startups looking for seed, Series A and Series B funding.

Revolut allegedly coerced staff into quitting or being fired

UK challenger bank Revolut is facing accusations of having illegally forced employees to either quit or being fired for underperformance as the FinTech unicorn was looking to cut cost amidst the coronavirus pandemic.

News Stories

National Grid Partners backs cybersecurity company RiskIQ’s Series D round

Attack surface management company RiskIQ has raised $15m in a Series D round to spread the usage of its solutions.

Celsius Network has processed over $1bn in cryptocurrency deposits since launching in 2018

Cryptocurrency interest-earning platform Celsius Network has stated that it has surpassed $1bn in total cryptocurrency deposits in less than years after launching its mobile app.

Cloud9 nets $17.5m in new Series B funding round led by UBS

Cloud-based communications company Cloud9 Technologies has bagged $17.5m in a new investment round as it moves to meet the demand for flexibility for financial firms.

MoneyGram announced partnership with Saudi Arabian Al Rajhi Bank

Cross border payment company MoneyGram has inked a strategic partnership with Al Rajhi Bank, an Islamic bank.

OakNorth unveils proprietary COVID-19 credit framework to support commercial lenders

The coronavirus has skewed the old way of rating loans, which is why UK challenger bank OakNorth has developed its COVID Vulnerability Rating (CVR) framework to rate the risk of loans.