Nordic neobank Lunar extends Series B round to add €20m to its war chest
Challenger banks in the Nordics are on the rise with Danish Lunar being the latest neobank to fill its coffers.
KBC AM launches WealthTech spin-off everyoneINVESTED to attract younger investors
everyoneINVESTED is a new WealthTech startup spun out of the Belgian asset management company KBC AM. It sets out to make the emotional journey...
Japan’s Kyash collects $45m in its Series C round
Japanese digital bank Kyash has collected $45m in its Series C round, coming less than a year after it closed its Series B on $14m.
bunq launches new SuperGreen initiative and commits to planting a new tree for every...
Dutch neobank bunq has introduced a new subscription option where customers can opt to have one new tree planted for every €100 they spend with any bunq card.
InvestSuite completes €2m seed extension round
Automated investment platform InvestSuite has completed a €2m seed extension round which was led by PMV.
Smartly closes doors due to “intense” competition in Singapore
Singapore-based robo-advisor Smartly has closed down operations after competition in the market was too “intense.”
The company has issued a statement on its website stating,...
Icelandic challenger bank indó closes funding round
Icelandic challenger bank Indó has secured €1m in its seed funding round, as it progresses with its banking license application.
Neobank HMBradley has officially launched
The US-based digital bank HMBradley has officially launched its services for the thousands of would-be users on its waitlist.
Monzo’s founder won’t take out any salary for 12 months to help the company...
UK challenger bank Monzo has taken additional steps to protect the business against the pandemic-induced financial downturn. And it's not alone.
DayTek Capital helps businesses get access to information on stimulus packages
Australia’s DayTek Capital, which is currently building a new challenger bank, is helping individuals, families and businesses get access to information on the coronavirus pandemic.
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InsurTech UK joins plea to protect British startups from being “wiped out” by the...
Several UK tech industry bodies are asking the government to do more to support the nation’s startups or risk having a generation of innovative ventures “wiped out.”
UK consumers put strong technology as main appeal for banks
UK consumers are placing strong technology as their biggest priority for banking, but digital banks need to be clear with their value offering to capitalise on this, according to Vilve Vene, CEO and co-founder of core banking platform Modularbank.
KPMG welcomes the FCA’s proposals to freeze payments to help people’s finances during the...
While KPMG understands the Financial Conduct Authority's (FCA) proposals to soften the financial blow of COVID-19, the professional services firm reminded the regulator that the crisis is not easy for banks either.
Insurers – the time to change is now! – ManageMy
With the world being forced to stay indoors and social distance, now is the time for insurers to focus on digitalising as we have “reached a tipping point”, according to digital experience platform ManageMy.
MAP FinTech launches AI-powered solution to boost anti-money laundering compliance
RegTech venture MAP FinTech has unveiled its latest solution to help financial services firms monitor and screen transactions in order to prevent money laundering.