Monzo CEO steps down to become company president

Tom Blomfield has swapped his CEO title for a president role at Monzo as the challenger bank is dealing with COVID-19 fallout.

TransferWise bags $5bn valuation on the back of $319m secondary share sale

New details have emerged about TransferWise's latest deal that saw the UK FinTech unicorn's valuation rise past the $319m mark.

AlphaCredit scores $125m in its latest funding round

AlphaCredit, a consumer lending platform for Mexico and Colombia, has secured $125m in its latest round.

Vestr and Shift become SIX FinTech Ventures’ first investments

Up-and-coming FinTechs Vestr and Shift Cryptocurrencies have secured an investment from SIX FinTech Ventures.

Irish InsurTech Blink signs partnership with TuGo to boost Canadian foothold

Blink, the InsurTech company focusing on the travel industry, has teamed up with TuGo, the Canadian travel insurance provider.

YOUNITED CREDIT nets €40m capital injection

Paris-based consumer lending platform YOUNITED CREDIT has received a €40m capital injection from existing and new investors.

BlueVine raises $60m in Menlo-led round

BlueVine, which provides financing to small and medium-sized businesses, has raised $60m in equity funding.

SEC charges LendingClub and former execs $4m for fraud

Online investing platform LendingClub Asset Management (LCA) and its former president Renaud Laplanche have been charged with fraud by the US SEC.

Professional social network Indorse closes token sale on around $9m

Token-based social networking platform Indorse has closed its token sale on just over 27,422 ETH.

Pensionera picks up €1.2m for robot retirement planning

Swedish retirement robo-advisor Pensionera has raised €1.2m after winning Optimizer Invest’s startup competition. The deal values the company at €8m.

News Stories

Wirecard scandal costs Commerzbank €175m in bad loans

Commerzbank is the latest company to feel the shock waves of Wirecard's collapse, with the beleaguered firm having had a €200m ($237.51m) credit facility with the German lender.

kompany bags almost €6m in new round

Know you customer company kompany has raised close to €6m almost a year to the day after its most recent round.

Apple said to be buying mobile payment company Mobeewave

Technology giant Apple has reportedly acquired mobile payment technology developer Mobeewave to potentially transform iPhones into payment terminals.

Affirm could be the next FinTech to launch its IPO and could reach a...

Buy now, pay later company Affirm may be the next FinTech to be eyeing an initial public offering, which could see it valued at a mammoth $10bn.

Check out these 32 RegTech funding rounds from July

In the midst of the Covid-19 crisis, these 32 RegTech companies have successfully secured funding over the last month.