Almost half of European executives see Covid-19 digital shift as permanent, survey finds
A study by Swedish open banking platform Tink has found 41% of European financial executives believe the shift online caused by the Covid-19 pandemic is permanent.
Dave enters acquisition agreement to speed up IPO plans
US banking app Dave has entered into a partnership with acquisition firm VPC Impact Acquisition Holdings that will result in the former becoming a publicly-traded company.
Briq to boost Fintech services for construction industry with latest Tiger Global-led round
Briq, which developed a FinTech platform used by the construction industry, raised $30m in a Series B funding round led by Tiger Global Management.
PayPal to deposit $135m to tackle economic inequality in underserved communities
PayPal will deposit $135m into financial institutions and management funds to help underserved communities of colour fight economic inequality.
Bank identity checks could push close to a quarter to competitors, survey finds
A survey by FICO has found almost a quarter of UK-based respondents would move to a competitor if asked to visit branches or post documents when applying for an account.
How Latin American startups and InsurTechs stole the show among the 37 FinTech investments...
InsurTech companies continued their winning streak last week among the 37 FinTechs that raised big rounds.
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.
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