Czech FinTech 4Trans secures €18m
4Trans, a Czech-based FinTech specialising in financial products for supply chain and logistics companies, has raised €18m.
Novus to launch beta banking app as it prepares for summer roll-out
UK-based banking company Novus is due to launch its beta banking app in the coming weeks before introducing the product to the wider public in summer 2021.
OpenFin bags $35m Series D investment to boost financial industry adoption
OpenFin, the operating system (OS) enhancing enterprise productivity, today announced a major step forward with $35m Series D investment secured.
HKMA initiates first CBDC steps with whitepaper launch
The Hong Kong Monetary Authority (HKMA) has begun the first steps of exploring a central bank digital currency (CBDC) with the release of a technical whitepaper.
Tide and Sage join forces to streamline tax and accounting for SMEs
FinTech firm Tide entered into a partnership with cloud business management solutions provider Sage with an aim to offer an integrated banking and accounting product for its members.
Visa and Y Combinator-backed Bloom raises $6.5m
Sudan-based Bloom, a FinTech which offers financial products aimed at improving the lives of East Africans, has raised $6.5m in a seed round.
Robinhood, CRED-backed teen focused neobank FamPay cashes in $38m from Elevation, Sequoia Capital
Teen-focused fintech startup FamPay raised $38m in a Series A funding round, led by Elevation Capital and major participation from existing investor Sequoia Capital India.
40% of financial institutions could take a decade to implement open banking
A survey by open banking platform Tink has found that four in ten executives believe it will take their organisation between 5-10 years to fully implement open banking.
The 22 FinTech rounds from the last week you must know about
After the Easter long weekend, our weekly roundup of the big FinTech trends from the past seven days is all you need to keep yourself updated on what’s happening in the industry.
Wells Fargo backs mortgage platform Maxwell in $52.5m financing round
Digital mortgage platform Maxwell has snared $52.5m from a recent funding round led by Fin VC.