Swedish challenger bank Northmill launches fee-free savings account
Northmill is taking strides towards becoming a Nordic digital bank. Having been given a banking licence by the Swedish financial Supervisory Authority in September, the startup up has now unveiled a new savings account.
Cadence rebrands to Percent following Series A close
Private investing platform Cadence has rebranded to Percent alongside the close of a $12.5m Series A round.
Ethic bags $29m in its funding round to support its growth
Ethic, a tech-driven asset management platform, has closed its Series B round on $29m to support its continued expansion.
Ziina said to collect $7.5m in seed round
Ziina, a Dubai-based mobile wallet, has reportedly has collected $7.5m in seed round of funding.
Challenger bank N26 is leaving the UK because of Brexit
The UK has officially left the EU. Now, a huge European FinTech company has pulled the plug on its British operations.
Goldman Sachs acquires personal finance app Clarity Money
Goldman Sachs Bank USA has acquired personal finance platform Clarity Money.
Saxo Bank receives strategic investments from Geely and Sampo
Saxo Bank, a multi-asset trading and investing platform, has received strategic investments from Geely Holding Group and Sampo.
Challenger bank Alif secures $58m to expand geographical reach
Tajikistan-based FinTech Alif has raised $58m UK-based investment vehicle Jefferson Capital to grow its market footprint across Central Asia and worldwide.
Visa and Y Combinator-backed Bloom raises $6.5m
Sudan-based Bloom, a FinTech which offers financial products aimed at improving the lives of East Africans, has raised $6.5m in a seed round.
Ping An reportedly seeking digital banking license for Singapore
Ping An, a financial services giant in China, is reportedly seeking a digital banking license in Singapore for its OneConnect platform.