Holvi cards suspended because of the Wirecard scandal
Holvi, the digital banking platform for freelancers, has become the latest FinTech firm to be swept up in the Wirecard scandal.
Latin America-focused personal finance app Lana said to raise $12m in its Series A
Lana, a personal finance platform, has reportedly netted $12m in its Series A round, as it looks to better serve consumers in Latin America.
Zilch launches Snooze feature to delay instalment repayments
London-based FinTech Zilch has officially launched its new feature Snooze, giving users the ability to delay repayment on an instalment, or an entire payment plan by between four to seven days.
Visa’s acquisition of Plaid has officially been called off
After a year marred by an antitrust suit, Visa's acquisition of Plaid has officially been called off as the CEO says regulatory reviews threatened consumers' interests.
AI-driven financial firm Personetics secures $75m from Warburg Pincus
US-Israeli data analytics firm Personetics raised $75m led by private equity firm Warburg Pincus, aiming to make financial customisation more accessible.
Backed by investors such...
Neobank Alpian reels in $18m to develop its personlised digital banking services
Swiss challenger bank Alpian closed a $18m Series B round, less than a year after its $13.6m Series A round.
Mobile banking provider Current picks up $220m, triples valuation to $2.2bn
Venture capital firm Andreessen Horowitz led a $220m investment in Current which tripled its valuation giving it the unicorn status.
Zeta secures unicorn label following $250m Series C
Indian neobank startup Zeta has received unicorn status after a $250m Series C funding round took it to a $1.45bn valuation.
Nubank nabs $750m in a Berkshire-led round at a valuation of $30bn
Warren Buffett’s Berkshire Hathaway Inc invested $500m in Brazil’s Nubank, boosting the fast-growing FinTech firm's aim to expand across Latin America.
Mox, Mastercard team to launch new tool to simplify card payment process
Hong Kong virtual bank Mox has partnered with Mastercard to introduce a new tool that allows Mox users to flip between spending on an all-in-one debit and credit card.
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