Automated investment service Finch closes $1.8m seed to support its launch

Finch, a digital checking and investing platform, has scored $1.8m in its seed funding round to help it launch its platform.

Financial inclusion platform Gojo & Company secures $19m in its Series D

Gojo & Company, which has the goal of boosting financial inclusion within developing countries, has closed its Series D round on $19m.

Plug and Play reveals the names of the eight startups selected for its sixth...

Plug and Play's European FinTech-focused accelerator has revealed the names of the eight startups selected for its sixth batch.

How will the coronavirus and a global recession impact the future of online retail...

The future of digital investing during the coronavirus is a battle of two-sides. On one side you have the increased usage of online services and a greater number do-it-yourself (DIY) investors, and the other has a coyness from managed proposition users and more uncertainty from decision makers.

Growth Capital Ventures picks up £750,000 from Finance Durham Fund

Investment startup Growth Capital Ventures has secured £750,000 in new investment from Finance Durham Fund.

The FCA calls for insights on how to best regulate the consumer investment market

The top UK financial markets watchdog has called for experts' insights into how to best regulate the consumer investment market.

Chip bags £10.7m as part of its Series A round

Automatic savings app Chip has collected £10.7m via Crowdcube and the government-backed Future Fund.

19 FinTech funding rounds from the last week that you better not have missed

From cybersecurity unicorn Snyk's $200m funding round to payment service provider startup Mollie's €90m new cash injection, the last week was full of FinTechs completing funding rounds.

Nubank acquires Easyinvest and moves into the investment space

Brazilian challenger bank Nubank has acquired digital investment platform Easynvest for an undisclosed sum as the Latino FinTech decacorn moves into the investment space.

Tech Nation launches the Fintech Pledge to boost collaboration between banks and FinTech startups

Growth platform Tech Nation has launched the Fintech Pledge to accelerate the growth of the UK’s FinTech sector by enabling enhanced collaboration between banks and leading FinTech firms.

News Stories

Swedish Financial Supervisory Authority penalises SEB with $112m fine for AML failings

The Swedish Financial Supervisory Authority (SFSA) has given Nordic bank SEB with a SEK1bn ($112m) administrative fine after failings in its anti-money laundering efforts.

Swedbank is being investigated by the Swedish Financial Supervisory Authority for suspected compliance breaches

The Swedish Financial Supervisory Authority (SFSA) has initiated an investigation into Swedbank for suspected breaches of market abuse.

The European Banking Authority releases online survey for support on ESG risks

The European Banking Authority (EBA) issued a online survey to credit institutions to offer guidance on the disclosure of information on environmental social governance (ESG) risks.

The European Central Bank is reducing the burden of reporting for banks

The European Central Bank (ECB) has reduced the reporting burden banks in Europe face without impacting the amount of information it is able to collect.

The UK’s FCA launches new review of unsecured credit market

The UK’s Financial Conduct Authority (FCA) has launched a review of the future regulation of the unsecured credit market, which could see crackdown on companies

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