Shift in Fair Technologies take-over

Shift, an end-to-end auto e-commerce platform for used cars, has entered into a definitive agreement to acquire certain assets of Fair Technologies for a combination of cash and shares of its Class A common stock.

Signicat bolsters financial crime capabilities with Sphonic acquisition

Digital identity firm Signicat is acquiring all the shares of UK anti-fraud company Sphonic for an undisclosed fee.

Acuminor and RedCompass join forces to introduce AML Gap Analysis

Swedish RegTech firm Acuminor has partnered with RedCompass Labs to bring a new UK AML Gap Analysis offering to market.

Tomo Networks secures $40m in seed capital

PropTech startup Tomo Networks has picked up $40m in seed capital to grow its digital mortgage solution.

Justin Timberlake backs teen banking app Step’s $50m Series B round

Several celebrities, including Justin Timberlake, are among the investors behind teen banking app Step's new $50m Series B round.

InsurTech Corvus spreads its wings into Europe

Corvus Insurance, a specialty insurance MGA offering commercial insurance products powered by AI-driven risk data, has opened a continental Europe office in Frankfurt, Germany.

Card issuer Slice banks $10m debt funding from Northern Arc Capital

Credit card challenger Slice secured $10m in debt funding from multiple financial institutions like, Northern Arc Capital, Niyogin Fintech Limited, Credit Saison India, and Vivriti Capital to name a few.

By Miles takes on Italian UBI market

UK-based By Miles, a pay-by-mile car insurance provider, has launched its first offering in another country – Italy.

IDEX Biometrics launches its first biometric payment card in Turkey

IDEX Biometrics has launched its first biometric payment cards in Turkey in collaboration with an unnamed issuer.
Spain

Why Spain could be the next FinTech powerhouse

The European FinTech market is currently led by market share by the UK, Germany and France. However, the arrival of a new big competitor may be about to shake things up.

News Stories

Muinmos

Danish RegTech Muinmos appoints new commercial director

Muinmos has named Jens Woeste, an industry veteran of capital markets, as the company’s new commercial director.
Israel-based-bondIT-secures-$14m

Israel-based bondIT secures $14m

Israel-based bondIT is an investment technology developer for investment firms and has secured a $14m investment led by BNY Mellon.
Starling-Bank-releases-virtual-cards

Starling Bank releases virtual cards

UK-based challenger bank Starling Bank has released new virtual cards for Personal Current Account customers. It has also updated its Spending Insights.
Italy

Bank of Italy pushes back on government’s pro-cash policies

The Bank of Italy, the country’s central bank, has shot back at the new Italian government over its plans to promote cash over digital payments.
Membrane

Membrane Finance nets €2m in seed financing

Finnish FinTech Membrane Finance, a company building a European alternative to the USD stablecoin, has secured its e-money licence and raised €2m.

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