FintechOS bags $60m in prosperous Series B
London-based FinTech FintechOS has snared $60m in a Series B funding round led by Draper Esprit.
Lanistar finally secures FCA approval following earlier setback
UK FinTech Lanistar has secured Financial Conduct Authority (FCA) approval to operate as an Electronic Money Directive (EMD) agent of payments business Modulr.
UK finance sector ninth biggest CO2 emitter in the world, report finds
A Greenpeace-led report has found UK banks and assets managers were responsible for 805m tonnes of CO2 in 2019 – making it the ninth largest carbon emitter worldwide.
El Salvador becomes first country to make Bitcoin a legal currency
The government of El Salvador has passed a bill that will see Bitcoin join the US dollar as legal tender in the country.
German open banking firm Finleap Connect bags €22m Series A
Open banking platform Finleap Connect has secured €22m from a Series A funding round led by SBI Investment.
Moneyhub said to close $18m funding round to aid expansion efforts
Open finance hub Moneyhub has reportedly collected $18m in a funding round to support its expansion into new markets.
Direct Line founder Sir Peter Wood...
Token driving UK open banking payments expansion, research finds
Market share statistics by CMA9 – the nine largest UK banks – has found open banking platform Token is driving the adoption of open banking payments in the country.
Digital wallets to drive £11bn in online spending by 2026
A recent report by payment service provider Emerchantpay has discovered digital wallets will account for £11bn in online consumer spending by 2026.
Majority of bankers see customer experience, not products as future of banking
A report published by Temenos has found four in five bankers believe financial institutions will look to discern themselves on customer experience rather than products or services.
Yokoy bags Series A capital to replace outdated spend management systems
Spend management platform Yokoy has collected $26m in its Series A funding round.
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