Credit score platform Grow Credit collects $2m in seed round

Grow Credit, which helps consumers to build their credit and access financial services, has bagged $2m in its seed round.

Curve opens up waitlist for its new initiative Curve Credit

Banking platform Curve has created a new subsidiary named Curve Credit and has now opened its waitlist for customers who want early access to its first product when it hits the market later this year.

Codat eyes US expansion after bagging $10m and looks to help banks process coronavirus...

London-based Codat has raised $10m in new funding from Robinhood backer Index Ventures, an investment that it says could benefit banks busy bashing out...

The 35 FinTech deals from the last week that you can’t afford to miss

Keeping up with all the comings and goings of the FinTech space is far from easy, but don't worry. We've got you covered with the deals that sent shock waves across the sector in the last week.

ClearScore unveils new Credit For Key Workers initiative

In a time when the UK relies on key workers to keep the country running, many of these professionals have seen the credit offerings available to them reduced, which is something ClearScore hopes to change with its new initiative.

Credit Mantri said to raise around $8m in new funding round

India-based Credit Mantri has reportedly collected INR 6 crore ($800,000) from IDG Ventures, Elevar Equity and Accion.

Catch up on the 35 big FinTech funding rounds from the last week

Amidst the coronavirus crisis, many FinTech companies have still been able to raise big rounds. Here are 35 of the successful investment stories that...

Virgin Money backtracks on its decision to suspend almost 32,000 credit cards during the...

UK neobank Virgin Money has decided that suspending nearly 32,000 credit cards amidst a national crisis might not be such a good idea after all.

Loan comparison platform AskRobin said to raise $1.7m in funding

Estonia-based AskRobin, which helps consumers to compare loans, has reportedly raised $1.7m in funding.

FinTech CURO has closed a $100m credit faculty post-IPO to help it through the...

North American credit provider CURO has raised $100m in senior secured revolving credit faculty from Atalaya Capital Management, a private credit and special opportunities alternative investment manager.

News Stories

Mobile wallet market expected to be worth $7.58trn by 2027

The mobile wallet market size was valued at $1.04trn in 2019 and is projected to reach $7.58trn by 2027, growing at a compound annual growth rate of of 28.2% from 2020 to 2027, according to new research.

For Good Causes expands its charitable efforts beyond the loyalty sector

UK FinTech company For Good Causes is expanding beyond the loyalty sector, having already enabled consumers to donate their loyalty points, cash back and air miles to over 20,000 charities.

German prosecutors have arrested the chief executive of Wirecard’s Dubai unit Cardsystems

The highly publicised collapse of Wirecard has taken another turn with German prosecutors having arrested the head of the company's Dubai-based subsidiary.

Why the founders behind Monument think there’s still room for another UK neobank

Challenger bank Monument has revealed that it is in the later stages of an application process to get a UK banking licence in order to launch a service for affluent clients.

Italian digital banking project raise €45m as the nation is still dealing with Covid-19

Italian banking executives have raised €45m ($50.9m) in a bid to launch a digital bank in a country still dealing with the coronavirus fallout.