Biggest ever equity crowdfund on Crowdcube sees FinTech Chip bag £11.5m

Digital savings account Chip has raised £11.5m in what is to date the biggest equity crowdfund held on investment crowdfunding platform Crowdcube.

Plum plucks $14m from Series A raise

UK FinTech startup Plum FinTech has brought in $14m from a Series A funding round headed by Ventura Capital and DMG Ventures.

Nigerian FinTech Sparkle nets $3.1m seed to scale operations

Sparkle has secured $3.1m in seed funding to expand the reach of its mobile-first digital bank service.

Tala nets $145m in funding to help the global unbanked

Tala, which claims to be building the world’s most accessible financial services, has netted $145m in its Series E round.

Ilumoni unveils borrower wellbeing app following £1.63m funding haul

Ilumoni has officially launched its borrower wellbeing app on iOS and Android devices after previously securing £1.63m in investment since its founding.

B9 nets $5m seed funding to expand unbanked customer reach

FinTech startup B9 has secured $5m in seed capital and has doubled its year-end customer acquisition target.

European open banking report reveals huge growth potential for the sector

A report by open banking firm Yolt Technology Services (YTS) has found that up to 40% of banking customers across the continent are not currently using an open banking solution.

Halo eyes protective investment market disruption with strong Series C

Protective investment firm Halo Investing claims it has raised over $100m in Series C funding to simplify investor access to investments.

Crypto financial platform Celsius Network hits $3bn valuation

Cryptocurrency earning and borrowing platform Celsius Network hits a $3bn valuation following the close of a $400m investment.

Standard Chartered pumps $500m into Atome to fuel BNPL rollout in Asian markets

Standard Chartered has inked a 10-year partnership with Atome Financial to help the company introduce its buy now, pay later (BNPL) service in select Asian markets.

News Stories

UBS issued $500,000 fine from CFTC

The Commodity Futures Trading Commission (CFTC) has issued a $500,000 fine to UBS for alleged violations of audio recording regulations.

How onboarding is hindering client experience

A recent blogpost by MyDocSafe has detailed how the onboarding process within wealth management is impacting the client experience through its complexity.

ESMA publishes paper setting out plans to change MiFID II reporting requirements

The European Security and Markets Authority (ESMA) has invited firms to comment on its consultation paper seeking to make reporting requirements changes under MiFID II.

Hiro rebrands as it gears up for international expansion

Hiro, which aims to transform insurance into being prevention-first, has rebranded as Locket as it gears up for international growth.

Banking API provider M2P Fintech picks up $35m Series C

India-based M2P Fintech has secured $35m from a Series C funding round led by US investment firm Tiger Global.

See how insurance firms can use it to personalise their offering

Did you know that by 2025, almost 30% of all data created, captured, or replicated by consumer devices will be created in real-time.

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