EmergeVest backs world’s first neobank targeted at women entrepreneurs
Hong Kong-based private equity firm EmergeVest has invested into Lucy, the world’s first neobank aimed at women entrepreneurs.
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.
Goldman Sachs, Fiserv team to unveil B2B payments facility
US FinTech firm Fiserv and Goldman Sachs have introduced their first product offering from its ongoing strategic partnership.
African neobank Kuda inks $55m at a $500m valuation to take on incumbents
London-based, Nigerian-operating startup Kuda closed a $55m Series B co-led by Valar Ventures and Target Global at a valuation of $500m.
Mercury becomes latest billion-dollar FinTech after Coatue-led $120m round
Mercury, a San Francisco-based digital banking outfit targeting startups, has raised $120m at a $1.62bn valuation in a Series B funding round.
iCapital Network hits $4bn valuation after raising fresh investment
iCapital Network, which is helping to drive access and efficiency within the alternative investment sector, has received $440m in funding to hit a $4bn valuation.
Invoicing app for creators Lumanu bags $12m in Series A funding
Lumanu has bagged $12m in its Series A funding round to help further the development of its platform that simplify payment collection for creators.
Data protection is the top priority for UK banking customers
Data protection and security are of the highest importance for UK banking customers as financial services become increasingly dependent on digital interactions, according to a new study.
Global WealthTech funding sets a new record in 2021 after $13.6bn raised in the...
H1 2021 surpasses entirety of 2020 funding by $4.4bn, boosted by large deals over $50m
How Nucoro is helping banks digitise to take on FinTechs
Financial institutions are not as nimble as FinTechs, but that doesn’t mean they cannot offer their own digital services. The answer is integrating technology stacks designed by specialised companies, that enables the financial institution to easily implement a range of digital investing propositions.
