Monzo close to finalising $50m funding round, the third raise since the pandemic began
UK-based challenger bank Monzo is on the brink of closing a $50m funding round, marking the third raise since the pandemic began, according to reports.
HUBX raises $5.5m in new funding round
Private capital raising platform HUBX has secured $5.5m in new funding.
Can banks beat neobanks at their own game?
Challenger banks have spent the better part of the last decade turning the banking world on its head, but is there a way for incumbents to bridge the technology divide?
United Fintech acquires 25% stake in TTMzero
United Fintech has acquired a 25% stake in RegTech company TTMzero, with the intention of increasing it to 80% over the next three years.
Why Robinhood and the InsurTech industry stand out from the 39 funding rounds raised...
From GameStop chaos to how InsurTechs have benefited from the Covid-19 crisis, this is what you can learn from the 39 FinTech funding rounds of last week.
Does more attention need to be put on mental health within FinTech?
Monzo’s co-founder’s exit has prompted the FinTech industry to take a hard look at how it protects the mental health of its staff.
Rapyd to acquire payments firm Valitor for $100m
US payments network Rapyd is set to purchase Icelandic company Valitor from Arion Bank in a $100m deal.
Russian central bank to initiate digital ruble pilot
The central bank of Russia has revealed it is planning to begin a pilot test for a digital ruble with 12 of the country’s top banks.
Compliance officers fear more time is needed to manage regulatory requirements
Most compliance offices fear there are not enough hours in the day to manage regulatory compliance, according to research from KYC Portal.
WhenFresh teams up with Ambiental to improve access to UK flood data
Self-stylised “data supermarket” WhenFresh has teamed up with flood risk specialist Ambiental Risk Analytics to extend the reach of its flood data to UK insurers.
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