Railsbank launches US operations and announces Unifimoney as its first customer

Open banking startup Railsbank has announced that it has launched in the US and that it has already signed up digital banking platform Unifimoney as its first customer.

Growers Edge Financial raises $40m in its Series B round as it looks to...

Growers Edge Financial has raked in $40m for its Series B round, which will help it to grow into new markets in the US.

Deutsche Bank and Google Cloud team up to bolster the bank’s tech and financial...

Deutsche Bank and Google Cloud have joined forces by forming a strategic partnership that aims to redefine how the bank develops and offers its financial services.

WEX closes $400m investment from private equity firm Warburg Pincus

WEX, which builds simplified payment systems for businesses, has closed a $400m investment from private equity firm Warburg Pincus.

Holvi is back up and running after being forced to shut down its services...

Holvi customers can now use their cards again after the Finnish digital banking service for freelancers suspended its services on the back of the Wirecard scandal.

Axiata Digital receives $70m in funding to support the expansion of its digital financial...

Axiata Digital, the digital service division of telecommunications conglomerate Axiata Group, has received $70m in funding to support the growth of its digital financial services.

solarisBank closes Series C round on €60m as it continues to grow its product...

Germany-based solarisBank AG has closed its Series C round on €60m, with HV Holtzbrinck Ventures leading the round.

FCA allows Wirecard to resume operational activities

Last week the UK's top financial markets watchdog ordered Wirecard to freeze all of its regulated activities in the country. Now it has lifted the ban.

Karat launches credit cards to get influencers and YouTube creators a new credit line

Getting accepted for credit at traditional banks is not always easy for influencers, but that is a problem Karat is trying to solve.

20 FinTech rounds from last week you can’t afford to be unaware of

FinTech companies, RegTech ventures, InsurTech startups and challenger banks raised money in the last week. This is what you can learn from the 20 FinTech rounds we reported on.

News Stories

Lloyds Bank taps Minna Technologies and Visa for new digital bank subscription management tool

Lloyds Bank has announced that its customers will soon be empowered to better view, manage and amend their subscriptions through its banking app.

Opera to acquire digital bank Fjord Bank

Browser provider Opera is looking to buy challenger bank Fjord Bank in a bid to further accelerate Opera's European FinTech operations.

FinTech unicorn Marqeta prepares for IPO

Rumours about Marqeta going public have found new energy as sources say the payment card issuing startup is in talks with investment banks for an initial public offering (IPO).

Wirecard’s Dublin office raided by police

Irish police raided failed payments technology giant Wirecard's Dublin offices at the end of last week.

Nicolas Weng Kan has been named as smart money app Yolt’s new CEO

Nicolas Weng Kan, the former Google Compare and Confused.com CEO, has been named as the new head honcho of smart money app Yolt.