Incuto bags £1.75m in funding round to support its growth in the UK
Incuto, which aims to provide everyone with access to affordable finance, has closed a £1.75m funding round.
Banking API developer Railsbank rakes in $37m investment
Railsbank, a banking-as-a-service provider, has scored $37m in its funding round to support the growth of its product suite.
Tink names new chairman as Sweden enjoys wave of FinTech success stories
Open banking company Tink has announced Klaus Holse as its new chairman of the board just as Sweden enjoys a surge of FinTech success...
Deloitte study claims just 34% of banks have implemented digital account opening
A new study from Deloitte claims that 34% of banks have implemented digital account opening as a result of the coronavirus pandemic.
nCino and ThinCats take their relationship to the next level
Having already established a partnership to assist with Covid-19 challenges, cloud banking company nCino and alternative mid-sized business lender ThinCats are now expanding their collaboration further.
Neobanks and InsurTech startups among the 23 FinTechs raising money last week
Challenger banks and InsurTech ventures stood out among the 23 FinTech companies that successfully raised money last week.
Hydrogen Technology Corporation receives investment from EML Payments
The Hydrogen Technology Corporation, which builds embedded finance and international payments software, has received an investment from EML Payments.
DoJ files suit to block Visa’s acquisition of Plaid
Visa's $5.3bn acquisition of Plaid was supposed to be one of the biggest FinTech deals this year, but the US Department of Justice seems dead set against it and has filed a suit to stop the deal.
Citi makes its first investment into a Mexican FinTech through Arcus deal
Arcus, which stylises itself as a FinTech-as-a-service platform, has collected an undisclosed investment from Citi Ventures.
Neobank Vivid Money bags $17.6m in Series A
Vivid Money has raised $17.6m in a Series A round led by Ribbit Capital and aimed at boosting the challenger bank's growth.
