UK to force financial institutions to publish net zero transition plans
UK Chancellor of the Exchequer Rishi Sunak has revealed that the UK will force financial institutions to publish its plans on how they will transition to net zero.
Saudi FinTech sector records $347m in new investment over last 12 months
A recent report by FinTech Saudi has found how Saudi Arabia’s FinTech market has seen a 37% hike in new companies with investment exceeding SAR$1.3bn ($347m).
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.
Plum plucks $14m from Series A raise
UK FinTech startup Plum FinTech has brought in $14m from a Series A funding round headed by Ventura Capital and DMG Ventures.
How is the sustainability revolution changing the banking sector?
A recent blogpost by financial industry association Mobey Forum has examined how the movement to make finance more sustainable has changed the banking industry.
European open banking report reveals huge growth potential for the sector
A report by open banking firm Yolt Technology Services (YTS) has found that up to 40% of banking customers across the continent are not currently using an open banking solution.
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.
Standard Chartered pumps $500m into Atome to fuel BNPL rollout in Asian markets
Standard Chartered has inked a 10-year partnership with Atome Financial to help the company introduce its buy now, pay later (BNPL) service in select Asian markets.
Changing the use of data in debt capital markets – 9fin closes Series A
9fin, which supplies data, news and predictive analytics to debt capital markets, has scored £8m in its Series A funding round.
FinTech adoption reaches 86% in the UK
Research led by open banking platform Plaid has found the use and adoption of FinTech has reached mass scale in the UK, with up to 86% of consumers using it.
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