Enzo pulls in $3m seed to aid younger generations with wealth optimisation
Spending and wealth optimisation platform Enzo has snared $3m from a seed funding round led by White Bay Group.
Close to half of all transactions expected to contactless by end of 2022
A report by VoucherCodes has found 47% of all transactions are expected to be contactless by the end of 2022.
Why Jay-Z-backed Ethos and crypto-based firms aced among the 40 FinTechs raising money last...
From crypto startups raising millions despite Elon Musk pulling out of the bitcoin frenzy to subscription-based firms capitalising on the Covid-19 crisis, this is what you can learn from the 40 FinTech funding rounds of last week.
BukuWarung has raised another funding round
Indonesian FinTech BukuWarung has raised an undisclosed funding round said to bring the total invested into the Indonesian FInTech to $20m.
French National Gendarmerie seizes ?18m in assets after money laundering investigation
The French National Gendarmerie has completed an 18 month money laundering investigation, which has resulted in the arrest of 18 suspects and the seizure of ?4m worth of assets.
Robinhood pulls the plug on its UK expansion to focus on the US market
Just days after announcing a massive expansion of its Series F round, stocktrading platform Robinhood has scrapped its expansion in the UK.
Liongard has closed a $17m Series B round
FinTech Liongard has picked up $17m in a new investment round led by Updata Partners to strengthen its team and the development of its services.
Could the coronavirus be the push the UK needs to become cashless?
Britain has fallen behind other countries like Sweden when it comes to removing physical money from its economy. However, the COVID-19 outbreak might change that.
What part of the financial system should be replaced by AI?
Artificial intelligence is one of those buzzwords that keep popping up in investor and sales pitches. But where will AI have the biggest impact on the financial sector?
PNC Bank and Venmo fight highlights the debate about introducing open banking rules in...
Pressure is mounting for PNC Bank after it locked out clients from using bill-splitting app Venmo, but the affair also highlights a the question of whether open banking should be introduced in the US.
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