Cloud-based communications company Cloud9 Technologies has bagged $17.5m in a new investment round as it moves to meet the demand for flexibility for financial firms.
UNest, a FinTech helping parents to invest in their children’s future, has scored $9m in its funding round which will support the launch of its new features.
Australia-based Picture Wealth, which is boosting the financial education of consumers, has closed AUD $12m ($8.2m) in its late-seed round.
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.
European money management app Plum has raised $10m to fund the company's international expansion
Account aggregation service Sync. has reportedly netted £5.5m in a seed funding round to support its European expansion.
UK challenger bank Tandem Bank has acquired green lender Allium Lending Group as part of a £60m fundraising deal.
Starling Bank launching its new Starling Kite accounts for children is the latest example of a neobank trying to catch new customers when they are young.
The Open Banking Implementation Entity (OBIE) has revealed that open banking users have more than doubled since January 2020.
UK-based business banking platform Tide has inked a partnership with GoCardless, a global leader in recurring payments, to launch a invoice payments via direct debit service.