Nordea Bank to acquire Norwegian challenger bank Gjensidige in €578m deal
Nordea Bank is set to acquire Nordic challenger bank Gjensidige Bank ASA, in a deal worth around €578m ($672m).
Q2 Holdings forms a partnership with Acorns
Digital banking solution developer Q2 Holdings has formed a partnership with Acorns, a micro-investing platform.
TONIK Financial scores $6m in funding round
Southeast Asian digital bank TONIK Financial has netted $6m in its funding round which was led by Insignia Ventures Partners and Credence Partners.
Credit score platform Grow Credit collects $2m in seed round
Grow Credit, which helps consumers to build their credit and access financial services, has bagged $2m in its seed round.
FinTech unicorns and startups to face a coronavirus-created “vicious cycle” that could slash their...
The global COVID-19 outbreak could worsen business and funding conditions as well as changing private FinTechs’ exit options, according to a new report.
Albert pockets $2.5m for savings app
Financial advice app Albert has raised $2.5m in a seed funding round from 500 Startups and 500 Fintech as well as Bessemer Ventures Partners.
Karma said to close £15m funding round from Fortunis
Karma, which gives employees early access to their wages, has reportedly bagged £15m from Fortunis Capital.
Mobile banking app Empower raises $4.5m in funding
Mobile banking platform Empower has raised $4.5m in its latest funding round which will support the development of its new reward service.
Crypto trading app BitKan closes $10m Series B
Cryptocurrency trading and data service provider BitKan has closed a $10m Series B to support its global expansion.
SmartAsset banks $12m for financial advice
Financial advice startup SmartAsset has raised $12m in a Series B round of funding led by IA Capital Group. The deal also saw participation from TV Capital, Contour Ventures, Javelin Venture Partners, New York Life, Transamerica Ventures and Fitz Gate Ventures.
