UK challenger bank Vive Bank gets a restricted banking licence
Having just been granted a restricted banking license by the Bank of England, Vive Bank is now months away from launching its first line of products.
Quiet week for FinTech with only 17 deals recorded
The FinTech sector has recorded its second uneventful week in a row after FinTech Global recorded only 17 funding rounds in the industry.
Mercury launches UBI app
Mercury Insurance has launched a usage-based insurance app, MercuryGO, that it said could save customers up to 40% or more on auto insurance.
Israeli cybersecurity firm SIGA snares $8.1m in Series B round
Operational technology cybersecurity business SIGA OT Solutions has secured funding of $8.1m from a Series B capital raise.
Crédit Agricole acquires FinTech Linxo Group
French bank Crédit Agricole has announced its plans to buy the Linxo Group, the FinTech startup launched in 2010.
European national privacy body forms ChatGPT taskforce
The European Data Protection Board (EDPB) has formed a ChatGPT taskforce to establish privacy guidelines on the AI platform.
How Lami is democratising insurance in Africa
Kenyan InsurTech Lami has acquired Bluewave Insurance Agency, an InsurTech startup that leverages mobile technology to reach the underserved population, tapping into Africa’s insurance gap.
BNPL player Zilch secures US market foothold with NepFin purchase
UK buy now, pay later (BNPL) company Zilch has entered an agreement to acquire FinTech startup NepFin as it prepares to enter the US market.
Could the new leadership of the FCA mean it’s going to deal with financial...
The UK’s biggest financial regulator is getting a new top dog. Industry leaders speculate that the change in leadership might mean it will review financial promotions regulations.
Why RegTech solutions are vital to a banks’ success
Banks are facing new challenges posed by the ever-evolving digital world. the need to have strong regulatory measures in place is vital.
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