Aldermore Bank joins parliamentary group for neobanks

Neobank Aldermore Bank has joined the Challenger Banks and Building Societies Group, a parliamentary group promoting fair competition and encouraging diversity of service.

Revolut is expanding Revolut Junior so more adults can control children’s finances

Revolut has added the option for a second parent to supervise children's Revolut Junior accounts.

Do these 34 FinTech funding rounds suggest Covid-19 influences investment trends?

Fraud-fighting RegTechs and digital payment providers were among the 34 rounds raised by the FinTech industry last week, areas that are becoming more important during the pandemic.

Starling Bank reaches profitability as it eyes European expansion

UK-based neobank Starling has just cut even and expects to remain profitable as it plans to roll out its services across Europe.

Indian neobank Klear Money is gearing up for a launch

The challenger bank industry is about to become even more crowded with Klear Money reportedly gearing up to launch in India.

Game of coins: How Maisie Williams makes bitcoin investments

Bitcoin's valuation soared to impressive heights this week and one of the people considering taking advantage of it was Game of Thrones star Maisie Williams.

Lanistar not authorised to operate in the UK – City watchdog warns

Influencer and Mastercard-backed FinTech Lanistar is not allowed to operate in the UK, the Financial Conduct Authority has warned.

PayPal Ventures invests £9m into Modulr

Payments provider Modulr has added another £9m to its coffers on the back of an investment from PayPal Ventures, which will fund the scaling of the business.

Rich people neobank Monument announces key tech providers for its platform

Hot on the heels of being granted a restricted banking licence in October, the UK challenger bank Monument has now announced the key providers to help it build its digital bank for high-earners.

Revolut Business now accepts direct payments

British businesses with a Revolut Business account can now accept card payments online directly into their account.

News Stories

Coinbase responds to racism and discrimination allegations

Coinbase has been accused of having created a culture fraught with bullying, racism and discrimination against black people in a new exposé from the New York Times.

A third of consumers feel unable to spend as much on Christmas this year

A third of UK adults have admitted they feel unable to spend as much on Christmas this year, according to a study from Yolt.

Almost 90% of consumers haven’t finished Christmas shopping as concerns of online shopping still...

Nearly 90% of people have not completed their Christmas shopping yet, as the pandemic puts pressures on families, research from Klarna claims.

The first quarter of 2020 saw the highest number of large RegTech deals as...

The top ten RegTech deals in the first nine months of 2020 raised in aggregate $1.8bn, making up 38.2% of the total funding in the sector for the period.

Over two fifths of health insurers still lack a consumer facing app

Only 42% of health insurers in Europe have a consumer facing app, despite the rising importance of digitalisation, according to a new whitepaper from Scanbot.

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