WealthTech

Seven 2019 setbacks these challenger banks probably want you to forget

Challenger banks are on the rise around the world, but things are not always running as smoothly as they could.

Mobile banking app Fundall closes its pre-seed on $150,000

Nigeria-based Fundall, a mobile banking platform, has closed its pre-seed funding round on $150,000 to support its launch.

How Sweden aims to become a FinTech superpower

The Nordics in general and Sweden in particular are experiencing a FinTech boom. However, new regulations and investment worries could slow down the growth....

GCC’s first digital bank aimed at migrant workers NOW Money nets $7m round

NOW Money, which claims to be the first digital bank for low-income migrant workers in the Gulf Cooperation Council, has netted $7m in funding.

What’s going on in the Nordic challenger bank scene?

Neobanks in the Nordics may have had a slow start, but things may soon be about to change.

Data protection is the top priority for UK banking customers

Data protection and security are of the highest importance for UK banking customers as financial services become increasingly dependent on digital interactions, according to a new study.

Northmill has rebought bonds worth £4.77m to boost its net interest income

Swedish neobank Northmill has repurchased bonds with a nominal value of SEK5.5m (£4.77m). The repurchase concerns the challenger bank’s senior unsecured bonds with a nominal outstanding amount of SEK500m (£41.48m).

Business banking app Novo reaches $700m valuation

Small business banking platform Novo has reached a $700m valuation following the close of its Series B round on $90m.

UP Fintech introduces new WealthTech solution Fund Mall to its Tiger Trade platform

Online brokerage firm UP Fintech has announced a new WealthTech solution to provide customers with a one-stop-shop for investing in global mutual funds.
MinePlex raises $100m for its new mobile bank

MinePlex raises $100m for its new mobile bank

MinePlex, which claims to be a new-generation mobile bank, has raised $100m in funding.

News Stories

FinTech

FinTech investment sees uptick following two sluggish weeks

There was a climb in investment in the FinTech sector this week, with FinTech Global reporting on a total of $399m being raised across...
compliance

Will 2024 be the year of compliance technology?

As technologically-driven solutions continue to firmly pierce the financial industry and how it runs, the need for firms to maintain compliance amongst a deluge...
ZeroEyes joins Lloyd's Lab for pioneering InsurTech against gun violence

ZeroEyes joins Lloyd’s Lab for pioneering InsurTech against gun violence

In an unprecedented move, ZeroEyes, known for its pioneering AI gun detection technology, has been welcomed into the coveted Lloyd's Lab Accelerator program, marking a significant stride in InsurTech innovation.
Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb Personal Risk Services (PRS), known for its commitment to providing exceptional insurance services, has announced the launch of an innovative self-service Flood Insurance System.
Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint venture

Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint...

Bishop Street Underwriters, a notable entity within the RedBird Capital Partners' portfolio, has formally announced a groundbreaking joint venture with Topsail Reinsurance SPC, Ltd....

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