Barclays backs fashion finance outfit Responsible in seed round

Responsible, an embedded finance company designed to make the fashion industry more circular, has secured $6.6m from a seed round held by Barclays.

UK parliament launches crypto advocacy group

The UK parliament has launched a cross-party group of lawmakers to create a framework to regulate digital asset markets, a report by the Financial Times has revealed.

Nigerian SME champion ThankUCash closes seed round

Multi-merchant rewards platform ThankUCash has raised $5.3m in its seed funding round, as it plans to expand its foothold in Nigeria, a report by TechCrunch has revealed.

PayTech CellPoint bags $25m to fuel international expansion

Digital commerce and payment provider CellPoint Digital has scored $25m in funding from an equity financing round.

Indonesian FinTech app UpBanx scores pre-seed round

Indonesian FinTech platform UpBanx has reportedly collected $5.2m in a pre-seed funding round to prepare for its market expansion efforts.

Lloyds Banking Group backs loyalty card platform Bink

Lloyds Banking Group has reportedly invested into Bink, a digital loyalty card, taking a minority stake in the business.

Savings and investing app Ant Money acquires video game saving app Blast

Embedded finance platform Ant Money has scored $20m in its Series A funding round

Why compliance and transparency are vital for digital financial solutions

A blogpost by Kidbrooke has detailed how financial organisations can ensure regulatory compliance and transparency when it comes to their digital financial products.

Rocket Companies to acquire Truebill for financial empowerment

Rocket Companies, a Detroit-based platform providing tech-driven real estate, mortgage and financial services businesses, has entered into an agreement to acquire personal finance app Truebill.

Monese snaps up financial platform for self-employed Trezeo

FinTech firm Monese has acquired Trezeo, a financial services provider that is serving independent and self-employed workers, for an undisclosed amount.

News Stories

March Capital pours $15m funding into payments firm Gr4vy

Cloud-native payments orchestration firm Gr4vy has secured $15m in Series A extension funding.

FCC chair calls for new policies around telecom data breach reporting

The chairwoman of the Federal Communications Commission (FCC) Jessica Rosenworcel has called for new policies around telecom providers’ reporting of data breaches.

UK’s Payment Systems Regulator releases 5-year plan

The UK’s Payment Systems Regulator has released its five-year plan to support the payment services.

Investing app Seashell launches from stealth after seed close

Seashell, which hope to create a consumer-first modern banking and investment platform, has launched from stealth after the closed of its seed round.

The PRA underlines 2022 supervisory priorities for international banks in the UK

The Prudential Regulatory Authority (PRA) has set out in a Dear CEO letter its supervisory priorities for international banks active in the UK for 2022.

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