Digital payments to rise 70% in five years
Usage of digital payments in Europe is expected to rise by 70% in the next five years, as the global e-commerce landscape becomes worth $6.9trn.
Challenger bank OakNorth hits profitability in first year
Entrepreneur-focused challenger bank OakNorth is proving just how big an impact these digital-only alternatives could have on traditional banking by breaking even in its first year on the market.
CISA set to open UK-based office to foster global cooperation
The US Cybersecurity and Infrastructure Security Agency (CISA) has revealed it is set to open an office in the UK to ‘boost international cooperation and collaboration’.
European Banking Authority releases report on FinTech’s impact on payment sector
The European Banking Authority (EBA) has released its thematic report on the impact of FinTech on payment institutions (PIs) and electronic money institutions (EMIs) business models.
Are WealthTech companies feeling the pinch of less funding?
The global FinTech sector is experiencing a significant decline in funding. While people feared Covid-19 would impact funding, 2020 and 2021 all proved to be some of the strongest years for funding. However, it looks like the current financial landscape has taken a dip.
Wirecard innovation team joins finleap
One innovation team from collapsed FinTech giant Wirecard has joined Berlin-based FinTech finleap.
Romania-based FintechOS nabs €600k seed, with plans to raise another €400k by year end
FintechOS, a provider of digital transformation technology to financial institutions, has pulled in €600,000 in seed funding.
Oak HC/FT secures $600m for new FinTech and health fund
Oak HC/FT has closed its second fund with $600m to invest in healthcare and FinTech as well as areas where the two industries overlap.
Digital asset platform Moss.earth reels in $10m Series A
Moss.earth, a digital asset platform that has developed a tokenized carbon credit to help speed up the transition to web 3.0 in carbon markets, has closed a $10m Series A.
Payments FinTech nsKnox raises $15m in Series A round
Corporate payment?protection start-up?nsKnox has raised $15m in a Series A investment round, as it plans the global expansion of its service platform.The round was...