27 FinTech rounds from the last week you can’t afford to miss

Our weekly roundup of the big FinTech trends from the past seven days is all you need to keep yourself updated of what's happening in the industry.

Icon Savings Plan said to raise $3.2m in its funding round

US-based retirement savings platform Icon Savings Plan has reportedly collected $3.2m in its seed round.

Railsbank launches US operations and announces Unifimoney as its first customer

Open banking startup Railsbank has announced that it has launched in the US and that it has already signed up digital banking platform Unifimoney as its first customer.

86 400 vying another $34m raise just months after its latest funding round

Australian challenger bank 86 400 has kicked off another investment drive with the goal to raise $34m to fund expansions into the mortgage market.

FCA boss says more must be done to secure the fund management industry’s survival...

The interim chief executive at the Financial Conduct Authority (FCA) wants to start a dialogue about how to protect the investment fund management industry in the coronavirus aftermath.

Could the coronavirus mean a boost in tech adoption in the wealth management sector?

While many have predicted that artificial intelligence could change how financial services operate, Kidbrooke notes that the revolution has yet to manifest. Could Covid-19 change that?

Nude the app helping first-time home buyers edges closer to crowdfunding goal

Nude is the savings and financial advice app which is helping first-time home buyers and it is nearing the goal of its crowdfunding campaign.

Customers left “gutted” and in tears after neobank Tide halts Bounce Back Loans to...

UK challenger bank Tide has frozen the issuing of Bounce Back Loans for small businesses after its funding efforts fell through, leaving customers crestfallen and in tears.

Wagestream secures £20m in Series B led by Northzone as it eyes international growth

Wagestream, which helps employees get early access to earned wages, has raised £20m in its Series B as it seeks international expansion.

Swedish challenger bank Northmill Bank broadens its savings offering

Neobanks in the Nordics are on the rise and Swedish contender Northmill has not been resting on its laurels to meet the demand, having just introduces fixed-rate savings accounts.

News Stories

Lloyds Bank taps Minna Technologies and Visa for new digital bank subscription management tool

Lloyds Bank has announced that its customers will soon be empowered to better view, manage and amend their subscriptions through its banking app.

Opera to acquire digital bank Fjord Bank

Browser provider Opera is looking to buy challenger bank Fjord Bank in a bid to further accelerate Opera's European FinTech operations.

FinTech unicorn Marqeta prepares for IPO

Rumours about Marqeta going public have found new energy as sources say the payment card issuing startup is in talks with investment banks for an initial public offering (IPO).

Wirecard’s Dublin office raided by police

Irish police raided failed payments technology giant Wirecard's Dublin offices at the end of last week.

Nicolas Weng Kan has been named as smart money app Yolt’s new CEO

Nicolas Weng Kan, the former Google Compare and Confused.com CEO, has been named as the new head honcho of smart money app Yolt.