WealthTech

Could Christmas be the death knell for credit card payments?

A recent report by Klarna has found that one in two UK consumers are planning to discard their credit card entirely for Christmas shopping this year.

Mox bolsters banking offering with new BNPL service

Hong Kong virtual bank Mox has introduced a new buy now, pay later (BNPL) solution that can split purchase payments over a 36-month period.

Cash App’s parent company Square is now officially a bank

A year after receiving Federal Deposit Insurance Corp (FDIC) approval, Square Financial Services, Square’s state-chartered industrial bank has begun operations.

Mexico-based Klar scores $15m in its Series A round

Mexico-based challenger bank Klar has reportedly bagged a $15m Series A funding round, which was led by Prosus Ventures.

NBA All-Star Baron Davis joins $9m funding round of family-focused FinTech UNest

UNest, a FinTech helping parents to invest in their children future, has scored $9m in its funding round which will support the launch of its new features.

UK FinTech Curve opens New York office ahead of its planned autumn US launch

The British all-cards-in-one solution provider Curve is planning to go across the pond in the fall and has taken a clear step towards it with the opening of its first US office.

Starling Bank enters “rocket ship mode” as the FinTech firm forecasts it will break...

Anne Boden, founder and CEO of Starling Bank, believes the challenger bank will break even by the end of next year as the company has doubled its users since 2018.

Accordion closes ‘significant minority investment’ from FFL Partners

Accordion, a private equity financial consultancy and portfolio management company, has received a ‘significant’ minority investment from FFL Partners.

Personal finance app SigFig secures $50m Series E

Personal finance app SigFig has secured a $50m Series E equity round led by growth equity firm General Atlantic.
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SBI makes second FinTech investment of the week

SBI Holdings has closed its second FinTech deal this week, backing personal finance platform Movencorp.

News Stories

How OMNIA Token Revolutionises Trust and Staking in DeFi

How OMNIA Token Revolutionises Trust and Staking in DeFi

The $OMNIA token is emerging as a formidable contender in the cryptocurrency arena, heralding a new chapter of innovation and value. With the digital currency landscape more competitive than ever, the introduction of OMNIA token stands out with its unique value proposition. For those keen on the evolving facets of cryptocurrency, whether as investors or enthusiasts, grasping the significance of $OMNIA is indispensable.
ValidMind

ValidMind raises $8.1m in seed funding to enhance AI transparency in FinTech

ValidMind, a trailblazer in next-generation AI and model risk management for the FinTech sector, has secured $8.1m in seed funding.

NewRetirement clinches $20m in Series A to transform financial planning

NewRetirement, a financial planning platform for consumers and enterprise partners, has successfully closed its Series A funding round.
Unlocking the future of wealth: Strategies for intergenerational wealth transfer in the UAE

Unlocking the future of wealth: Strategies for intergenerational wealth transfer in the UAE

The impending great wealth transfer is poised to redefine the financial landscape of the Middle East. Kidbrooke, which offers outcome-driven analytics and data management...

New Zealand’s central bank unveils climate risk management blueprint for finance

The Reserve Bank of New Zealand – Te Pūtea Matua has taken a significant step towards fostering a stable financial system in New Zealand with the publication of a new Guidance aimed at helping regulated entities manage climate risks.

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