NatWest to axe 550 jobs and close its London tech hub
UK lender the NatWest Group has announced that it will cut its headcount by roughly 550 people across the country and to close its London tech hub.
Italian digital banking project raises €45m as the nation is still dealing with Covid-19
Italian banking executives have raised €45m ($50.9m) in a bid to launch a digital bank in a country still dealing with the coronavirus fallout.
Millennial retirement planning app Vantik bags €800,000 pre-seed round
Germany-based Vantik, a retirement planning platform for millennials, has closed its pre-seed round on €800,000.
AlgoMerchant bags $2m investment alongside product launch
Singapore-based AlgoMerchant has reportedly bagged a $2m investment alongside the product launch.
Survey finds majority of financial sector favour hybrid work policy post-pandemic
A survey by Accenture has found almost three-quarters of financial sector workers in the UK would prefer a flexible working policy once the pandemic has come to an end.
Commonwealth Bank bans using banking service for abusive messages
From: RegTech Analyst
Hot on the heels of the industry doubling down on preventing financial abuse, one of Australia's biggest banks has stepped up to...
Latin America and teen-focused FinTech services are coming of age as the industry closes...
Last week’s 32 FinTech rounds highlight how Latin America is exploding with new activity, how open banking has nudged closer to being fully adopted across Europe and the rising popularity of teen-focused ventures.
Trading software provider Itiviti to buy HgCapital’s ULLINK
Itiviti, a Swedish provider of trading software for banks and trading firms, has agreed to buy ULLINK from HgCapital.
Fintech backer Chicago Ventures eyes $75m for Fund III raise
Seed-stage investor Chicago Ventures is out eyeing up to $75m for its third fundraise.
Estonia-based SPARQ said to close €440,000 investment
Estonian personal finance startup SPARQ has reportedly closed a €440,000 investment from the Baltic International Bank, extending the seed round to a total of €500,000.
