Company News

JBA Risk Management has launched a UK flood model to better inform flood risk management. The model has predicted that one in four UK properties are at risk of flooding.

Virtual IBAN and corporate account provider Monneo has partnered with Kantox to offer currency management automation on cross-border payments.

Opinium has found 91% of UK citizens want the government to focus on the future stability of the financial system rather than to promote international competitiveness post-Brexit.

Payments provider Sokin has teamed with Visa to roll-out its global currency account and debit cards across Asia Pacific.

RareCircles, a platform for building non-fungible token (NFT) memberships, has raised $7.5m from a seed funding round led by Tiger Global.

FinTech companies continue to rake in eye-watering figures, with some of the biggest rounds coming from the cryptocurrency sector. The 37 companies to close investment rounds this week collected a total of $2.04bn.

Fiat Republic, a company that is building a compliance-first, e-money regulated banking and payments API, has snared $3.5m from a seed funding round.

British bank Barclays has teamed up with corporate venture builder Rainmaking to support the development of FinTech.

UBS recently re-entered the robo-advisory market through its $1.4bn acquisition of wealth management provider Wealthfront. However, this is not its first foray in the robo-advisor space.

UK challenger bank giant Monzo has moved out of its closed beta and opened to all customers in the US.