Company News

Indian buy now, pay later (BNPL) firm Pine Labs has secured a $20m investment from the State Bank of India, the largest commercial bank in the country.

Anti-financial crime platform ComplyAdvantage has teamed up with cryptoasset risk management solution developer Elliptic to release a new blockchain analysis and transaction monitoring tool.

PropTech company LendInvest has secured a partnership with banking giants HSBC and Barclays that will funnel ?150m into the UK property space.

The co-founder of European VC Atomico Mattias Ljungman has launched Moonfire Ventures – a VC aimed at providing seed stage funding for FinTechs among others.

Market data and infrastructure provider Refinitiv has teamed up with investigative and policy team The Sentry to help prevent African war criminals and their business networks from abusing the international financial system.

San Diego-based RegTech Lawmatics has added $2.5m to its coffers on the back of a seed funding round.

The UK’s RegTech sector has nearly grown eight-fold since 2015. 2020 has been a weird year for everyone, but it could prove beneficial for the RegTech space and help it continue to grow in the UK.

Months of setbacks seemed to have been too much for the banking app that was once hailed as NatWest’s Monzo killer, with Bó now announcing that it is closing down.

While the UK and France may prefer credit cards and e-wallets, the rest of Europe would rather pay other ways when buying things online.

Astra, the company behind an automation app for moving money has joined Visa's Fintech Fast Track programme.