Starling secures lender accreditation for UK Recovery Loan Scheme
Starling Bank has received accreditation by the British Business Bank to be a lender under the UK government-backed Recovery Loan Scheme (RLS).
AI-powered revenue intelligence firm Gong grabs a $250m Series E at $7.25bn valuation
Enterprise sales enablement platform Gong raised $250m in a Series E funding round valuing the company at $7.25bn, more than triple its previous valuation of $2.2bn.
Fintech Working Group taps Boston for new financial innovation hub
The Massachusetts Fintech Working Group is set to launch a new FinTech innovation centre aimed at making the most of the states’ tech-heavy economy.
Standard Chartered unveils plans to launch cryptocurrency trading venture
Standard Chartered is planning to establish a UK-based cryptocurrency brokerage and exchange for clients in the UK and Europe.
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.
Enfuce teams with Visa to accelerate FinTech payment card issuing
Finnish FinTech Enfuce has entered a collaboration with Visa aimed at supporting European FinTechs in launching their own payment card within eight weeks.
Tred, Nium partner to launch sustainable debit card
UK FinTech Tred has teamed with B2B payments firm Nium to be the card-issuer for its new sustainable green debit card.
Temenos eyes China market entry following Huawei certification
Swiss banking technology company Temenos has become the first banking software provider to be certified with Huawei’s infrastructure and public cloud.
EU plans to roll-out digital wallet for payments by 2022
The European Union has revealed it intends to introduce a new digital wallet that will be available for use across all 27 member states by 2022.
FCA warns cryptocurrency companies are failing to meet UK AML requirements
The Financial Conduct Authority (FCA) has said a ‘significantly high’ amount of cryptocurrency firms are not meeting UK requirements on money laundering prevention.
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