Octopus Labs announces first FinTech accelerator cohort

FinTech accelerator Octopus Labs has announced the first five startups that will join its first programme this summer.

23 FinTech investment rounds to make the news over the past seven days

Stripe's whooping $600m Series G expansion wasn't the only investment round completed by a FinTech company over the last week.

Will the UK remain a FinTech leader after Brexit?

The UK is a hotbed for FinTech innovation and investment. However, as Brexit draws closer, some fear that will no longer be the case.

Payments FinTech nsKnox raises $15m in Series A round

Corporate payment protection start-up nsKnox has raised $15m in a Series A investment round, as it plans the global expansion of its service platform. The round was...

Monzo begins international roll-out after landing regulatory approval for RoI

UK challenger bank Monzo has received regulatory approval to operate in the Republic of Ireland.

IceKredit has closed a $47m pre-Series C funding round supported by Yunqi Partners

Credit risk and management FinTech scaleup IceKredit has announced that it has raised $47m in a pre-Series C round, more than the $44m invested so far.

Venmo announces new credit card through Synchrony partnership

Hot on the heels of its announcement about a new transfer service, Venmo has unveiled its first-ever credit card.

M1 Finance nets $33m in new round

Automated money management platform M1 Finance has bagged $33m in a Series B funding round led by Left Lane Capital, a growth equity firm.

BaFin delays SCA requirements for online credit card payments

Germany’s Federal Financial Supervisory Authority (BaFin) has made a temporary measure which allow online payments that do not meet strong customer authentication requirements.

Radius Bank and NorthOne partner to support banking for SMEs

Challenger banks Radius Bank and NorthOne have formed a partnership to support small businesses, freelancers, and startups.

News Stories

Checkout.com warns businesses could risk losing $20bn because legitimate online payments are rejected as...

Businesses risk losing over $20bn annually due to legitimate transactions being rejected as fraudulent, which could cause a serious dent in their coffers as they recover from Covid-19, according to new research from Checkout.com.

SoftBank ups stake in PolicyBazaar despite the InsurTech’s CEO claiming the previous investment was...

Insurance marketplace PolicyBazaar has reportedly raised a further $130m from SoftBank, despite the chief executive believing the previous expansion efforts led by the bank were a "mistake."

ESMA updates its data reporting guidance document for MiFIR

On Wednesday July 8, the European Securities and Markets Authority (ESMA) announced that it had updated its document on data reporting under the Market in Financial Instruments Regulation (MiFIR).

ESMA updates its guidance regarding data reporting under EMIR

The EU’s securities markets regulator has updated its questions and answers document on practical questions regarding data reporting issues under the European Markets Infrastructure Regulation (EMIR).

Saudi Arabia-based Lean said to raise $4.5m in its seed round

Saudi Arabia-based Lean has reportedly raised $4.5m in a seed funding round, which was led by RAED Venture.