Digital lender auxmoney lands €500m funding
Auxmoney, a leading digital lending platform for consumer credit in Europe, has secured €500m in funding.
Don’t forget to update your permissions warns the FCA
The UK's top financial watchdog has warned firms to not forget to regularly reviewer regulatory permissions or risk having their licence to operate cancelled.
What will the European payments industry look like in 2030?
A recent study by card issuing platform Marqeta has examined the potential roadblocks and innovations that may arise over the next decade in the payments industry.
Online loan platform LendingPoint secures $125m preferred equity from Warburg Pincus
Online loan platform LendingPoint has secured a $125m preferred equity investment from private equity firm Warburg Pincus.
Paytm Payments Bank receives $18.8m funding
Paytm Payments Bank has reportedly received a 122 Crore ($18.8m) from its parent company, One97 Communications.
Nivesh collects $1.6m in its pre-Series A funding round
Nivesh, which claims to be the mutual fund for all, has reportedly collected $1.6m in its pre-Series A funding round.
Cover Whale releases its truck insurance services
InsurTech general agent Cover Whale has released its commercial truck insurance platform Big Rig Insure.
French startup Mistral AI unveils first GenAI model to challenge Meta and OpenAI
France’s Mistral AI has announced its first Generative AI model to compete with US leaders in the space.
Alibaba sells half its stake in India-based payments company Paytm
Chinese e-commerce giant Alibaba has reportedly sold half of its position in India-based payments company Paytm.
David Beckham scores metaverse role with blockchain ambassadorship
Global football icon David Beckham has entered the metaverse after taking the role of a global brand ambassador for the DigitalBits blockchain.