ChannelVAS bags $5m in funding
FinTech company ChannelVAS has secured $5m in funding from investment firm Convergence Partners.
Revealing the top ten RegTech investors in 2020 so far
Venture capital firms continued to actively back RegTech companies in 2020 as financial institutions left the space.
CredPal raises $1.5m to scale the platform
Nigerian FinTech CredPal has secured $1.5m in funding to build the "American Express of Africa".
bolttech releases 24 hour repair guarantee for insured devices
bolttech, a digital ecosystem for insurance, has launched a money-back service promise for its device protection offering.
Tink adds €85m in investment round extension
Open banking platform Tink has added another €85m to its coffers in a new investment round-extension co-led by new investor Eurazeo Growth and existing investor Dawn Capital.
Mastercard and Visa pull out of Pornhub after abuse allegations
Visa and Mastercard have cut ties with Pornhub after both payment providers investigated allegations of child sexual abuse.
How Covid-19 changed banks’ onboarding processes
Many banks had already started to introduce digital onboarding solutions before the coronavirus swept over the world. Following the pandemic, these efforts have gone into overdrive.
Gen-Z financial management app Cleo bags $44m Series B round
Funding rounds for FinTechs focusing on younger generations have come in hot and fast lately, with Cleo becoming the latest one to top up its coffers by closing its $44m Series B.
Five new financial institutions join Tech Nation’s FinTech pledge
Atom bank, Co-operative Bank, Nationwide Building Society, TSB and Virgin Money have joined Tech Nation's Fintech Pledge to accelerate the development of the UK's FinTech industry.
FCA fines LJ Financial Planning £107,200
The UK City watchdog has fined independent financial advice firm LJ Financial Planning (LJFP) for providing its customers with unsuitable pension switching and transfer advice and failing to manage its conflicts of interest.
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