WealthTech

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.

News Stories

Tackling money laundering: How KYC loopholes are exploited by criminals

KYC protocols serve as the cornerstone of AML efforts, obliging financial institutions to verify their customers’ identities.

FINSIGHT acquires T-REX to revolutionise global private credit analytics

FINSIGHT has acquired T-REX to advance cashflow analytics in the global private credit and structured finance sectors.
Egress

KnowBe4 acquires Egress to enhance AI-driven email security

KnowBe4 has announced its plans to acquire Egress, a prominent figure in adaptive and integrated cloud email security.
ThreatLocker

ThreatLocker bags $115m in Series D to bolster cybersecurity offerings

ThreatLocker, an Orlando, Florida-headquartered cybersecurity firm, has successfully completed a $115m Series D funding round.
Nagomi

Nagomi Security unveils $30m boost in proactive cybersecurity management

Nagomi Security, a key player in the cyber sector, announced today its emergence from stealth mode with a substantial $30m in funding.

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