WealthTech

Neobank for women entrepreneurs Lucy reportedly closes pre-seed round

Lucy, which is a neo bank designed aimed at women, has reportedly raised SGD 500,000 ($360,000) in a pre-seed funding round.

Curve founder Shachar Bialick responds to a smattering of negative headlines by labelling them...

FinTech startup Curve has faced lot of criticism lately. Now the founder has responded to the bad press his venture has received by essentially accusing the media of publishing fake news.

Rho Technologies secures $100m in debt from Community Investment Management

Rho Technologies, the parent company of Rho Business Banking, has bagged $100m in debt financing to support its strategic initiatives.

What can FinTechs learn from Revolut’s attempt to hijack a Monzo Twitter thread?

Hijack marketing is not something new, but as one of Revolut’s latest stunts shows, it is not something FinTechs should embark on lightly

Winvesta said to close seed round to support growth of banking and investing app

Global banking and investing app Winvesta has reportedly closed its seed round as it looks to boost its hiring efforts and product development.

Monzo’s founder and CEO reveals his secrets to success

From the virtues of diversity to daring to break the rules, Monzo’s co-founder and CEO Tom Blomfield has revealed his best tips to achieve success.

Iceland’s first challenger bank indó launches from stealth

Icelandic FinTech company indó has launched from stealth after the close of its seed round on $4.5m. This is the first challenger bank to emerge...

48 FinTech funding rounds you missed in the last two weeks

The last two weeks have seen everything from huge $1bn investments rounds to undisclosed seed rounds. Let's check some of them out.
German neobank Ruuky files for insolvency

German neobank Ruuky files for insolvency

German neobank Ruuky has filed for insolvency, after it was unable to overcome market dynamics and raise additional funding.

22 FinTech funding rounds from the last week and what they tell you about...

From challenger banks to stock trading apps, the last week has seen a smattering of both massive funding rounds and smaller seed investments.

News Stories

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.

Philippines steps up financial innovation with new payment systems regulations

The Bangko Sentral ng Pilipinas (BSP) has introduced the Manual of Regulations for Payment Systems (MORPS),
FCA

FCA cracks down on misleading financial ads on social media

The FCA has issued a clarion call to firms and finfluencers on the imperative of maintaining legality and clarity in their social media advertisements.
How wealth management firms can get ready for generative AI

How wealth management firms can get ready for generative AI

Earlier this month, OpenAI unveiled its latest advancement in the world of generative AI, Sora. Unlike ChatGPT, its previous revolution in the world of generative AI, Sora allows users to build realistic videos from simple text instructions, potentially providing businesses with another tool to transform operations, such as marketing.
Vayana TradeXchange and Arqit forge partnership to revolutionise global trade finance

Vayana TradeXchange and Arqit forge partnership to revolutionise global trade finance

Vayana TradeXchange has announced a groundbreaking partnership with Arqit Quantum, also known as Arqit. This collaboration is set to harness Arqit’s TradeSecure™ digital negotiable instrument technology to revolutionise international supply chains.

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2023 with details on each solution

120,000+ FinTech leaders get exclusive industry stories delivered every week