19 FinTech funding rounds from the last week that you better not have missed

From cybersecurity unicorn Snyk's $200m funding round to payment service provider startup Mollie's €90m new cash injection, the last week was full of FinTechs completing funding rounds.

Hungarian startup PeasyPay vying Spanish and British expansion

PeasyPay, a bieometric-based payment company, is looking to expand its reach from its native Hungry to Spain, Slovenia and the UK.

FCA, PRA and the Bank of England appoint new complaints officer

Amerdeep Somal has been named as the new complaints commissioner that will final stage of investigations into complaints against the Financial Conduct Authority (FCA), the Prudential Regulation Authority (PRA) and the Bank of England.

Cognitive View launches new tool to provide insights on financial complaints in Australia

RegTech100 company Cognitive View has launched a new service that provides insights on the Australian Financial Complaints Authority’s historical complaint management data.

How can RegTech companies ensure their use of AI is done in an ethical...

Many RegTech ventures use artificial intelligence, but when they do it is essential that they do so in an ethical way.

What’s the biggest challenge facing RegTechs during lockdown?

While social distancing rules may be easing in some regions of the world, other countries are contemplating reinstating lockdowns. So what does that mean for RegTech companies?

ThoughtRiver raises $10m Series A round

London-based LegalTech startup ThoughtRiver has raised $10m in a Series A round led by Octopus Ventures.

Robinhood could be facing $10m fraud fine for failing to properly disclose revenue

Stocktrading platform Robinhood could reportedly be facing a $10m fraud fine for failing to properly disclose revenue, pending the outcomes of an ongoing Securities and Exchange Commission probe.

Bank of England governor calls for cryptocurrency regulations

Andrew Bailey, governor at the Bank of England, has called on financial regulators to stop playing catch up in how they supervise digital payments methods such as stablecoin and cryptocurrencies.

ESMA report says financial markets remain “fragile” because of Covid-19

The European Securities and Markets Authority (ESMA) has issued a new report on the impact of the pandemic, saying that the environment "remains fragile."

News Stories

POS lending solution Affirm closes $500m Series G

Affirm, a buy now and pay later solution, has closed its Series G round on $500m.
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Solving the challenge of creating a customer-centric business model – Kidbrooke demo

A recent survey from PWC found that 61% of bankers believe customer-centric business models are very important, and yet only 17% of them are “very prepared” for it. Kidbrooke has released a new demo highlighting the problem in the market.

Over 60% of InsurTechs and insurers are keen to work with BigTech companies

Over 60% of InsurTechs and insurers are looking to collaborate with BigTechs, as they look to keep up with changing customer demands, a new report claims.

Good services is more important to policyholders than pricing

New research claims the key to driving long-term relationships in home insurance is less about pricing and more about great services and reputation.

TCARE closes $3m in round led by SixThirty Ventures

TCARE, which claims to be the only evidence-based, CMS 1115 approved and accredited family caregiver support platform, has netted $3m in funding.

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