CloudWalk rakes in $190m Series B to bolster domestic presence

Brazilian payment technology firm CloudWalk has raised $190m from a Series B funding round.

American Express, Tink enter European banking partnership

American Express has teamed with Swedish open banking business Tink to bolster the latter’s onboarding process for new card members.

Mastercard, Billetera team to provide digital payments in DR Congo

Payments giant Mastercard has collaborated with Billetera to offer digital payments to consumers in the Democratic Republic of Congo (DRC).

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.

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.

Pennyworth launches financial planning app on iOS, Android to follow

UK-based neobank Pennyworth has begun beta testing of the first version of its financial planning app on all iOS devices.

San Francisco VC firm eyes Lithuanian FinTech investment

Venture capital startup Launchpad Capital is investing up to $35m in early-stage Lithuanian startups who are looking to break into the North American market.

Klarna bolsters UK presence with key regional market expansions

FinTech juggernaut Klarna has expanded its footprint in the UK with a new office in London and larger premises in Manchester.

Sweden’s Trustly scraps $950m IPO plans after review by Swedish FCA

Swedish FinTech Trustly has shelved its $950m IPO plans following a review by regulators which raised issues over due diligence procedures.

Michael J Fox, Ryan Reynolds and Drake among the stars backing Wealthsimple’s C$750m latest...

Canadian FinTech company Wealthsimple has raised C$750m from a funding round led by Greylock and Meritech.

News Stories

Santander UK and NatWest back RegTech Ideagen in £100m round

Regulatory and compliance software provider for regulated industries Ideagen secured £100m through a new committed credit facility of £75m, with a further uncommitted of up to £25m.

POS terminal transaction volume to exceed $17.3trn by 2026

The total value of transactions processed by POS terminals will grow by 28% to exceed $17.3trn by 2026.

HKMA underlines next steps in Open API Framework introduction

The Hong Kong Monetary Authority (HKMA) has revealed its implementation plan for the third and fourth phases of its Open API Framework.

Leading US banks to pilot low credit score credit scheme

Some of the biggest US banks have signed up for a government-supported pilot program aimed at using alternative data to provide credit for people with low or no credit score.

InsurTech Wrisk lands £4.6m in Series A funding to scale its insurance product

UK InsurTech Wrisk raised a £4.6m investment round led by QBN Capital and aims to build frictionless, mobile-first insurance experiences.

Do you know which are the leading RegTech companies in each sector?

Find out in the Global RegTech Buyer's Guide for 2021

54045

Watch the webinar with Dubber and HSBC to find out more

Did you know the FCA requires 100% of calls to be recorded and captured

- even when working remotely

120,000+ FinTech leaders get exclusive industry stories delivered every week