Company News

The World Bank has declined to help El Salvador with the integration of Bitcoin into its currency system highlighting concerns around the environment and transparency.

Amsterdam-based online payments processor Mollie becomes the third-largest FinTech unicorn in Europe after rival Checkout.com as it sealed a massive $800m financing round valuing the company at $6.5bn.

UK-based vehicle management platform Caura secured $4.2m in seed funding to develop its application and integrate with in-car infotainment systems.

FinTech Global has launched a new RegTech Professional Certificate to provide essential training to finance professionals and graduates alike looking to enter the financial services industry.

Speed is vital during a cyberattack. The quicker a company can respond to an incident, the greater the chance to minimise the negative impact it has, according to Kroll head of EMEA cyber risk, Andrew Beckett.

The Bank of England (BofE) FinTech chief has said the introduction of a central bank digital currencies (CBDC) doesn’t require a trade-off between privacy and tackling financial crime.

Switzerland’s Federal Council has fully implemented new rules on distributed ledger technology (DLT)-based trading and blockchain solutions.

Global stockbrokers, neobankers and financial institutions are all slowly onboarding crypto into their asset portfolio and it's probably a matter of time before WealthTechs do the same, according to analysts.

Lab49, a consultancy firm for banks and financial services providers, has completed an employee-led GoFundMe page to help purchase oxygen concentrators for colleagues in India.

FinTech startup MFast raised $1.5m in a pre-series A funding led by Do Ventures.