What’s going on in the Nordic challenger bank scene?
Neobanks in the Nordics may have had a slow start, but things may soon be about to change.
Kreditech pulls in another $11m for data-driven credit scores
Kreditech, a German data analytics startups focused on credit and banking services, is taking on an additional €10m ($11m) for its Series C round.
CredPal raises $1.5m to scale the platform
Nigerian FinTech CredPal has secured $1.5m in funding to build the "American Express of Africa".
Nova Credit nets $50m in equity round
Nova Credit, a cross-border consumer credit reporting company, has netted $50m in an equity financing round.
Square is testing short-term small loans through its Cash App.
Payment solutions provider Square is trialling a small and short-term loan feature in its Cash App.
Anyfin investigated by Swedish Consumer Agency again
FinTech Anyfin has found itself in the Swedish Consumer Agency's crosshairs again after two new commercials possibly broke the law.
ESMA publishes framework for fourth central counterparty stress test
The European Securities and Markets Authority (ESMA) has announced the framework for the fourth version of its Stress Test for Central Counterparties (CCPs).
Neobanks and InsurTech startups among the 23 FinTechs raising money last week
Challenger banks and InsurTech ventures stood out among the 23 FinTech companies that successfully raised money last week.
Goldman Sachs lends $125m to Mercado Credito as Latin American FinTech investments are booming
E-commerce giant MercadoLibre's credit unit Mercado Credito has strengthened its financial muscles thanks to a $125m loan from investment bank Goldman Sachs.
Another 12 FinTech startups coming out of Y Combinator this year
From automated background checks to cryptocurrency banks, Y Combinator’s second demo day for its latest batch presented a dozen new enterprises to look out for.
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