Company News

UK neobank Monzo has launched a new version of its premium offering and is keeping the fingers cross that it will last longer than the old offering, which had to be scrapped after just a few months.

The digital finance platform MoneyLion has launched RoarMoney, a new demand deposit account powered by MetaBank and featuring Mastercard as the exclusive card network.

Just Auto Insurance, which recently closed a $5.7m funding round, has formed a partnership with car manufacturer Smartcar.

When major FinTech companies like Monzo suffer a down round, it can causes a cloud of fear over the market, but there will still be a need for digital financial and insurance solutions post-pandemic.

Berxi, a division of Berkshire Specialty Insurance, is supplying independent professionals access liability insurance products through GreenLight Workforce Solutions.

Banking technology company nCino has finally gone public, with the price of its shares skyrocketing in its first day of trading.

Ravelin, the London-based fraud detection startup, has secured £16.4m to fund its expansion into new markets and reach more industries.

Swiss digital asset infrastructure startup Metaco has bagged $17m in a series A funding round.

American hedge fund D1 Capital Partners has bought a $200m share in UK-based FinTech unicorn TransferWise, which sees its valuation jump past the $5bn (£4bn) mark.

Digital banking software provider Backbase has opened new offices in Sydney and Melbourne as it's vying to expand across Australia and New Zealand.