Swoop scores ?5.4m in Series A financing
Swoop, a one-stop money shop for companies, has bagged ?5.4m in a Series A funding round.
Papaya to acquire Azimo to boost its payroll capabilities
Papaya Global, the global people management platform for the remote working era, has agreed to acquire Azimo, global digital cross-border payments service.
UK’s CMA warns Monzo over banking order breach
The UK’s Competition and Markets Authority (CMA) has warned Monzo over a breach of retail banking regulations.
China’s exchange regulator fines Tenpay for misconduct allegation
China State Administration of Foreign Exchange has reportedly fined Tenpay, which is owned by Tencent Holding, for foreign exchange rules violations.
What are the regulatory challenges and solutions for Forex brokers?
In an ever-changing regulatory landscape for companies in financial services, the need to stay up to date and compliant is vital.
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.
Robinhood CEO apologises for “unacceptable” shortcomings during the GameStop chaos
The boss of Robinhood has apologised in front of a congressional hearing for the stock-trading app's behaviour amidst the GameStop chaos.
PhonePe partially spins out of Flipkart and raises $700m
PhonePe is partially spinning out from Flipkart and has raised $700m in a round led by Walmart and supported by prior investors.
Pollinate teams up with Mastercard to enhance its software capabilities
Pollinate, a software developer helping digitise merchant acquiring for banks, has partnered with Mastercard to improve data insights for banks serving SMEs around the world.
Hippo Insurance acquires US P&C insurer Spinnaker Insurance Company
Home insurance company Hippo Insurance has acquired US-based national property and casualty insurer Spinnaker Insurance Company.