WealthTech

Token driving UK open banking payments expansion, research finds

Market share statistics by CMA9 – the nine largest UK banks – has found open banking platform Token is driving the adoption of open banking payments in the country.

Monzo to fire 120 people as the neobank continues to struggle because of COVID-19

UK challenger bank Monzo is facing new setbacks as it is reportedly going to cut 120 jobs.
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Monzo begins international roll-out after landing regulatory approval for RoI

UK challenger bank Monzo has received regulatory approval to operate in the Republic of Ireland.

PayU teams with AU10TIX to simplify merchant onboarding process

FinTech firm PayU has partnered with identity management company AU10TIX to help streamline its screening and onboarding process.
Social investing startup InvestSky picks up $3.4m pre-seed

Social investing startup InvestSky picks up $3.4m pre-seed

InvestSky, a social investing platform for retail investors, has secured $3.4m in its pre-seed funding round, to support its mission of making investing more inclusive.

Digital engagement platform Flourish Savings said to close $1.5m

Flourish Savings, a digital engagement platform aimed at financial institutions, has reportedly raised $1.5m in a fresh funding round.

Arcesium secures investment from J.P. Morgan

Investment management technology developer Arcesium has received an investment from J.P. Morgan.
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Now Money raises $1.46m in bridge funding round

Now Money, a company which provides mobile banking technology to low-income migrant workers, has raised $1.46m in a bridge funding round.The Gulf-based company has...

Digital bank Quontic reveals new partnership with MANTL that it says COVID-19 shows the...

Adaptive challenger bank Quontic has signed a new deal to boost its customers’ experience with banking technology firm MANTL. With the coronavirus plaguing the economy, the news could potentially not be more timely.
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Cashplus signs two debt financing deals to support offering expansion

Personal Banking platform Cashplus has closed two three-year debt financing deals, which total £30m.

News Stories

How OMNIA Token Revolutionises Trust and Staking in DeFi

How OMNIA Token Revolutionises Trust and Staking in DeFi

The $OMNIA token is emerging as a formidable contender in the cryptocurrency arena, heralding a new chapter of innovation and value. With the digital currency landscape more competitive than ever, the introduction of OMNIA token stands out with its unique value proposition. For those keen on the evolving facets of cryptocurrency, whether as investors or enthusiasts, grasping the significance of $OMNIA is indispensable.
ValidMind

ValidMind raises $8.1m in seed funding to enhance AI transparency in FinTech

ValidMind, a trailblazer in next-generation AI and model risk management for the FinTech sector, has secured $8.1m in seed funding.

NewRetirement clinches $20m in Series A to transform financial planning

NewRetirement, a financial planning platform for consumers and enterprise partners, has successfully closed its Series A funding round.
Unlocking the future of wealth: Strategies for intergenerational wealth transfer in the UAE

Unlocking the future of wealth: Strategies for intergenerational wealth transfer in the UAE

The impending great wealth transfer is poised to redefine the financial landscape of the Middle East. Kidbrooke, which offers outcome-driven analytics and data management...

New Zealand’s central bank unveils climate risk management blueprint for finance

The Reserve Bank of New Zealand – Te Pūtea Matua has taken a significant step towards fostering a stable financial system in New Zealand with the publication of a new Guidance aimed at helping regulated entities manage climate risks.

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