Cash management platform SoCash bags funding from Vertex Ventures

Singapore-based p2p cash management platform SoCash has reportedly secured an undisclosed Series A round from Vertex Ventures.

N26 now boasts having 250,000 US customers

The German challenger bank N26 launched in the US in August, but already has 250,000 customers in the country.

Concirrus nets £5m in round co-led by IQ Capital, EOS Venture

Concirrus, an AI-powered insurance software provider, has netted £5m in an new equity round.

Nordic payments solution provider Nets closes in on sale to Evergood 5

Nordic payments solution provider Nets has received an offer from Evergood 5 to buy the company's entire share capital.

Minuto Seguros reveals it’s total venture funding reaches $60m

Brazil-based online insurance broker Minuto Seguros has revealed it has raised $60m in funding since 2011.

Snapdeal pumps $20m in payments arm FreeCharge

The Mumbai-based payments service was acquired by the e-commerce giant in April 2015 for $400m and competes with in the region with Alibaba-backed Paytm.

Commonwealth Bank of Australia accused of breaking Australia’s anti-hawking laws

Australia’s biggest bank could be forced to fork out AUS$1.8m for making 87 unsolicited calls to sell life insurance.

Swedbank boosts digital payments offering with PayEx acquisition

Nordic-Baltic banking group Swedbank is acquiring payments service PayEx to expand its digital solutions. The financial terms of the deal are undisclosed.

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.

How ADGM’s Financial Services Regulatory Authority is embracing FinTech

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market has been embracing innovation, growth and FinTech, but remains alert and cautious of potential technology risks according to CEO Richard Teng.

News Stories

Five things financial institutions must know before using AI and machine learning to comply...

Machine learning and artificial intelligence is often hailed as the next big thing in RegTech, but what can you do to avoid them becoming empty buzz words.

Trax Print uses its technology to help fight Covid-19

Document protection and anti-fraud company Trax Print has formed a partnership with Zoono to build a dynamic sanitisation certificate.

Laika closes its equity financing round on $10m

Information security and compliance-as-a-service platform Laika has closed an equity financing round on $10m.

Tech Nation names the 31 UK FinTechs in its new accelerator

Tech Nation has named the 31 UK-based FinTech startups it has welcomed into it latest accelerator programme.

illimity Bank buys 50% of Fabrick’s stake in HYPE Money

illimity Bank and Fabrick have entered an agreement to the shared ownership open banking platform HYPE Money.

Watch the exclusive webinar with McKinsey and Akur8 to find out more 

How to capture value from pricing analytics in P&C insurance post COVID-19?

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