Tag: Banking

Digital banking platform Relay said to close its Series A on...

Relay, a digital banking platform for small businesses, has closed its Series A round on $19.4m in funding.

FinTech for gaming companies Sanlo raises $3.5m in funding ahead of...

Sanlo, which builds financial products to help gaming and app companies to run a “healthy and sustainable business”, has scored $3.5m in funding.

Novus to launch beta banking app as it prepares for summer...

UK-based banking company Novus is due to launch its beta banking app in the coming weeks before introducing the product to the wider public in summer 2021.

TeamApt secures Series B to support more unbanked in Nigeria

TeamApt, which provides financial services to the underserved market in Africa, has closed its Series B round to help support more consumers in Nigeria.

Lanistar finally secures FCA approval following earlier setback

UK FinTech Lanistar has secured Financial Conduct Authority (FCA) approval to operate as an Electronic Money Directive (EMD) agent of payments business Modulr.

Virgin Money teams with UK FinTech firm to bolster lending offering

Virgin Money has partnered with FinTech company Trade Ledger to deliver a quicker, more user-friendly experience for business customers applying for lending.

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.

India-based FypMoney App said to raise $2m in seed funding

FypMoney App has reportedly collected $2m in a seed funding round, which will help it deepen its product development.

APRA guidance offers support on tackling climate-related financial risks

The Australian Prudential Regulation Authority (APRA) has issued a draft practice guide to banks, superannuation trustees and insures on managing climate-linked financial risks.

Research finds FinTech apps outperformed banks during pandemic

Research by mobile analytics platform App Annie has discovered mobile FinTech apps outperformed banks by a factor of up to 10.8x during the COVID-19 pandemic.

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