Revolut expands market footprint with move into the travel sector
UK FinTech firm Revolut has widened its market presence after it rolled out a booking service for the travel industry.
FTX crypto exchange valued at $18bn after the largest funding round in crypto history
Crypto derivatives exchange FTX has completed a series B fundraising round of $900m that values the company at $18bn.
Soldo rakes in $180m from Temasek-led Series C
UK PayTech firm Soldo has closed a $180m Series C funding round led by investor Temasek.
How banks can offset their carbon emissions amid the current climate crisis
With the impending risk of climate change and its economic and financial impact, environmental sustainability has become a societal responsibility and business reality. However, more needs to be done for banks to incorporate sustainability into their business strategies.
FBI warns of potential cyberthreats to 2020 Olympic Games
The FBI has warned of potential cyber threat actors targeted the upcoming Olympic Games in Tokyo this summer.
Fime bags certification to support growth of open banking in India
French FinTech Fime has revealed it has been empanelled as an official certifier to support the growth of India’s open banking ecosystem.
FCA takes action on debt packaging firms following review
A review by the Financial Conduct Authority (FCA) on the practices of debt packager companies has led to six firms stopping providing regulated debt advice.
Tennis superstar Serena Williams backs rent-reporting FinTech Esusu in $10m Series A round
Esusu, a Nigeria-based rent-reporting and credit building data solutions FinTech, raised $10m in a Series A funding round led by Motley Fool Ventures and Tennis star, Serena Williams' Serena Ventures.
FinTechs are failing to address the needs of ‘silver surfers’, new study finds
One in four adults aged over 50 encountered issues when accessing digital financial services during lockdown, highlighting the need for FinTechs to address the needs of older users, according to new research.
Survey finds SFTR is leading to regulatory reporting consolidation
A survey conducted by IHS Markit and Pirum has found over 70% of regulatory respondents plan to consolidate their diverse reporting processes under a single platform.