FinTech News

Australia’s newest challenger bank 86 400 has just announced investment bank Morgan Stanley is going to help it kick of a private funding round worth more than $100m.

Blockpit, a tax calculation and portfolio tracking platform for cryptocurrencies, has received a €2.5m investment.

Robinhood, a retail investing and trading mobile app, has closed a $323m Series E, upping its valuation to a colossal $7.6bn.

Mobile-only bank Atom has closed a £50m fundraising round. The round saw money injected from financial security investment company Banco Bilbao Vizcaya Argentaria (BBVA), hedge fund Toscafund and Woodford Patient Capital Trust as well as funds advised by Perscitus.

Singapore-based soCash, the startup enabling consumers to withdraw cash and apply for loans via its mobile app, has raised a $6m Series B funding...

RGS (Royal Group Services) can now distribute cyber insurance policies to small and medium-sized businesses following new partnership with InsureCert.

ARMCO, a risk management platform, has received an investment from private equity firm New Capital Partners.

Mumbai-based PayMate, a business specializing in enabling businesses to automate and digitize their payments, is looking to raise $25m in its new Series D round and is now backed by Visa.

VertoFX, a B2B foreign exchange and payment platform, has reportedly raised $2m in its seed round.

Challenger bank Metro Bank has confirmed that “discussions regarding the potential sale of a loan portfolio are taking place” in a stock market announcement.