Company News

A study by Cynergy Bank has found up to 78% of SMEs want the digital transformation of banking to be balanced with a human constituent to offer a hybrid approach.

Ethereum-based DeFi aggregator Zerion raised $8.2m in a Series A funding round led by Mosaic Ventures which also featured participation from Placeholder, Digital Currency Group, and Blockchain.com Ventures, among others.

Norwegian digital identity firm Signicat has purchased identity software specialist Electronic IDentification (eID) for an undisclosed fee.

French startup Younited Credit has raised a $170m funding round led by Goldman Sachs to scale its data-driven credit offering.

Amsterdam-based challenger bank Bunq raised $228m - a funding round it touted as the largest Series A round for a European FinTech company.

KYC Portal has deployed its compliance tools into ARIE Finance to accelerate the onboarding of corporate clients, whilst meeting global regulatory compliance.

Crown Agents Bank has launched Empower Pensions, a new end-to-end pensions management platform.

Yes Lender acquired Edge Funder, a FinTech startup that is transforming entrepreneur's access to working capital through its direct-to-merchant funding portal.

UK challenger Atom Bank has achieved two substantial milestones after it exceeded £3bn of residential mortgage completion and reached £1bn in Instant Saver account deposits.

Over the past few decades, celebrities have increasingly taken on roles that go beyond the world of glitz and glam to becoming the next generation of FinTech investors. And the trend seems to be here to stay.