StepLadder raises £1.5m in seed funding
StepLadder, a UK-based FinTech helping first-time buyers to buy a property, has reportedly raised £1.5m in seed funding.
Bitcoin investing app Relai scores $2.7m in Series A
Switzerland-based Relai has raised CHF 2.5m ($2.7m) in its Series A round, which will help it expand in Europe.
Draper Espirit closes new European fund with £160m
European VC firm Draper Espirit has raised £160m for its new tech fund. The London-based firm counts crowdfunding platform Crowdcube and payments hardware-maker Miura Systems among its FinTech investments.
Marqueta, Swissquote partner to offer new app-based card program
US card issuing platform Marqueta has partnered with Swissquote to provide an app-based card program that offers banking and investing services in a single space.
Searches for ‘savings account’ explode by 301%
Google searches for ‘savings account’ have exploded by 301% above the average in October 2022 – reaching the highest level in five years.
United Fintech in third take-over of the year with FairXchange
United Fintech, which enables banks and financial institutions to accelerate their digitalisation efforts, has acquired a 25% stake in London-based FairXchange for an undisclosed...
Bank of England governor calls for cryptocurrency regulations
Andrew Bailey, governor at the Bank of England, has called on financial regulators to stop playing catch up in how they supervise digital payments methods such as stablecoin and cryptocurrencies.
Aviva and Zego partner for fleet insurance
Commercial motor insurer Zego has entered into a multi-year partnership with Aviva, to provide tailored fleet policies to trades and haulage businesses.
RegTech startup Arctic Intelligence reels in $2.8m
Arctic Intelligence, a provider of cloud-based audit, risk and compliance platforms, has raised $2.8m in fresh funding.
InvestHK links with HKMA to launch CBDC track to Global Fast Track program
InvestHK and the Hong Kong Monetary Authority (HKMA) have jointly announced the addition of the central bank digital currency track to the Global Fast Track 2022.