Revolut’s Nikolay Storonsky named the UK’s first tech billionaire amid surging company valuation
The UK has its first FinTech billionaire after Revolut co-founder and CEO Nikolay Storonsky's net worth surged to £1.06bn, according to the Telegraph's latest ranking of the country's richest startup founders.
Perception Point eyes growth acceleration following $28m Series B
Israel-based email and collaboration security company Perception Point has raised $28m from a Series B funding round.
Coin Metrics bags $15m Series B to aid global expansion
Cryptoasset data and infrastructure platform Coin Metrics has raised $15m from a Series B round led by Goldman Sachs.
Leading US banks to pilot low credit score credit scheme
Some of the biggest US banks have signed up for a government-supported pilot program aimed at using alternative data to provide credit for people with low or no credit score.
ThetaRay unveils financial crime prevention tool for cross-border payments
Compliance technology provider ThetaRay has launched SONAR, a financial crime prevention solution for cross-border payments.
MAS provides consultation response to credit bureau, reporting regulations
The Monetary Authority of Singapore (MAS) has issued a consultation response on draft regulations and notices relevant to licensed credit bureaus under the Credit Bureau Act 2016.
Enfuce partners with Bud to bring its carbon tracking engine to UK
Finnish FinTech Enfuce has entered a collaboration with UK open banking firm Bud to bring the former’s carbon tracking engine to the UK market.
Visa launches Tap to Phone pilot in the US market
Visa has introduced its first Tap to Phone pilot in the US to support companies in making their operations more digitalised.
Consumers at the risk of high fees and unexpected debt incurred on credit cards,...
While consumers are increasingly shopping online, they are getting stung by unexpected fees on credit cards and the rolling over debt month to month, Klarna's Shopping and Money Management trend report found.
Arex secures €8.8m Series A to speed up UK, Spain rollout
Spanish invoice finance firm Arex Markets has bagged $8.8m in a Series A funding round that has enabled it to accelerate its launch in the UK and Spain.