Biggest ever equity crowdfund on Crowdcube sees FinTech Chip bag £11.5m
Digital savings account Chip has raised £11.5m in what is to date the biggest equity crowdfund held on investment crowdfunding platform Crowdcube.
Iroquois Federal, Nymbus tie the knot to launch newlyweds banking solution
Illinois-based financial institution Iroquois Federal and banking tech vendor Nymbus have teamed to launch a new banking brand for newly married couples.
Stake eyes European expansion following $30m funding round
Australian retail brokerage platform Stake has raised $30m from a new funding round led by Tiger Global.
MTN, Sanlam partner to expand insurance cover offering in Africa
South African telecommunications giant MTN has teamed with financial services business Sanlam to provide insurance products to subscribers of MTN in Africa.
Financial consortium calls for new social, environmental reporting rules for banks
A financial group has called for the adoption of impact-reporting standards that account for social and environmental factors to speed up a sustainable transition for banks.
Integral pulls in $15m in funding from Morgan Stanley
Integral, a workflow management solution for the foreign exchange, has pulled in $15m in its latest round of funding.
People Bank of China set to begin green finance evaluation of major banks
The People Bank of China (PBOC) has revealed it will begin quarterly assessments of the green finance performance of 24 major Chinese banks starting 1 July this year.
Study anticipates over half of global population to use mobile wallets by 2025
A study by US mobile payments firm Boku gr has found that more than one in two people globally will use a mobile wallet by 2025.
Halo eyes protective investment market disruption with strong Series C
Protective investment firm Halo Investing claims it has raised over $100m in Series C funding to simplify investor access to investments.
Majority of asset managers support tech, data investment to aid Covid-19 recovery
A survey by Temenos has found investment in technology and data infrastructure are the most vital priorities for asset managers as they look to deliver a post-pandemic recovery.