Banking Infrastructure

Lanistar finally secures FCA approval following earlier setback

UK FinTech Lanistar has secured Financial Conduct Authority (FCA) approval to operate as an Electronic Money Directive (EMD) agent of payments business Modulr.

Pennyworth launches financial planning app on iOS, Android to follow

UK-based neobank Pennyworth has begun beta testing of the first version of its financial planning app on all iOS devices.

Pomelo joins forces with Mastercard to boost its payment offering for SMEs

Digital payments platform Pomelo partnered with Mastercard to build on the support it offers its business customers with an expanded range of products and services.

B2B billing solution HoneyBook hits unicorn status after latest $155m Series D

CA-based financial management platform for independent service-based businesses Honeybook raised $155m in Series D equity funding at a $1bn valuation.

San Francisco VC firm eyes Lithuanian FinTech investment

Venture capital startup Launchpad Capital is investing up to $35m in early-stage Lithuanian startups who are looking to break into the North American market.

Klarna bolsters UK presence with key regional market expansions

FinTech juggernaut Klarna has expanded its footprint in the UK with a new office in London and larger premises in Manchester.

Sweden’s Trustly scraps $950m IPO plans after review by Swedish FCA

Swedish FinTech Trustly has shelved its $950m IPO plans following a review by regulators which raised issues over due diligence procedures.

Stocard introduces post-purchase protection to provide users insurance

German FinTech company Stocard has launched a free buyers’ protection for all users of its Stocard Pay platform.

Michael J Fox, Ryan Reynolds and Drake among the stars backing Wealthsimple’s C$750m latest...

Canadian FinTech company Wealthsimple has raised C$750m from a funding round led by Greylock and Meritech.

Corporate spend management firms and celebrity-backed companies among the 42 FinTech rounds raised last...

A Jared Leto-backed startup, family-focused FinTech firms and corporate spend management companies were among the big winners of the 42 funding rounds reported on last week.

News Stories

The impact of loss run data on insurance operations and negotiations

The impact of loss run data on insurance operations and negotiations

In the realm of InsurTech, the ability to accurately assess risk, calculate premiums, and determine policy renewals hinges significantly on understanding historical losses. IntellectAI, which...
Klarna merges with Sofortüberweisung to boost global payment efficiency

Klarna merges with Sofortüberweisung to boost global payment efficiency

Klarna, the AI-powered global payment network and shopping assistant, has officially announced the merger of Sofortüberweisung into its service umbrella.
Heeler Security clinches $8.5m in seed funding to revolutionize application security

Heeler Security clinches $8.5m in seed funding to revolutionize application security

Heeler Security, a pioneering startup in the application security space, today announced the successful closing of an $8.5m Seed Series funding round. This significant financial...
Linx Security secures $33m to enhance identity security and governance

Linx Security secures $33m to enhance identity security and governance

Linx Security, a trailblazer in the field of identity security and governance, has officially come out of stealth mode, announcing a substantial $33m in...
AffiniPay secures strategic investment from Genstar Capital to bolster FinTech innovations

AffiniPay secures strategic investment from Genstar Capital to bolster FinTech innovations

AffiniPay, a leader in practice management software and integrated payments, announced a new investment chapter as Genstar Capital joins its roster of backers.

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