Hong Kong, mainland China to link regulatory sandbox to aid cross-border FinTech growth
The monetary authorities in Hong Kong and China have agreed to create a one-stop sandbox platform to help companies develop cross-border FinTech products quicker.
Fintech Galaxy continues financial inclusion goal with seed round close
UAE-based open innovation platform Fintech Galaxy has collected $2m in its seed round to support its goal of boosting financial inclusion in the Middle East and North Africa.
Helping banks step up onboarding – Clarifai closes its Series C
Clarifai, which helps firms improve customer experiences and onboarding, has collected $60m in its Series C round, which was led by New Enterprise Associates.
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.
G7 finance group endorses policy principals for retail CBDCs
Finance officials from the G7 have endorsed 13 public policy principles for retail central bank digital currencies (CBDCs).
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.
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