European open banking report reveals huge growth potential for the sector
A report by open banking firm Yolt Technology Services (YTS) has found that up to 40% of banking customers across the continent are not currently using an open banking solution.
Halo eyes protective investment market disruption with strong Series C
Protective investment firm Halo Investing claims it has raised over $100m in Series C funding to simplify investor access to investments.
Standard Chartered pumps $500m into Atome to fuel BNPL rollout in Asian markets
Standard Chartered has inked a 10-year partnership with Atome Financial to help the company introduce its buy now, pay later (BNPL) service in select Asian markets.
Changing the use of data in debt capital markets – 9fin closes Series A
9fin, which supplies data, news and predictive analytics to debt capital markets, has scored £8m in its Series A funding round.
FinTech adoption reaches 86% in the UK
Research led by open banking platform Plaid has found the use and adoption of FinTech has reached mass scale in the UK, with up to 86% of consumers using it.
Personal finance specialist NerdWallet files for an IPO
NerdWallet, a provider of financial guidance to consumers through a range of different tools, is set to go public after it filed an IPO.
Banks target more FinTech acquisitions, partnerships to boost market standing
A report by Lloyds Bank has found more UK banks are targeting collaboration and acquisitions with FinTech firms to strengthen their position in the growing market.
Only one in five consumers feel their bank values them as a customer
Recent research by marketing firm Ello has found only one in five consumers believe that their bank values them as a customer.
InvestNext reels in $4.3m seed to expand business footprint
Investment management firm InvestNext has raised $4.3m from a seed funding round headed by Hyde Park Venture Partners.
Over 25% of non-cash transactions to be instant and e-money payments by 2025
A report by Capgemini on world payments who found that instant and e-money payments will make up over a quarter of all non-cash transactions by 2025.
