Majority of customers would abandon digital bank from one bad experience
A survey by Applause has found that 65% of respondents would abandon a digital service because the sign-up process was too difficult.
Atom picks up funding on its way to IPO
UK app-based bank Atom has raised more than £75m in new equity priced at 70p per share as it continues to grow and strive to go public.
Sparrow takes flight with Series A funding
Sparrow, a provider of tech solutions for employee management, has closed a $20m Series A round.
Meet Gaia, the platform de-risking IVF fertility treatment
Gaia, a startup platform that provides insurance payment plans to finance IVF treatments, has closed a $20m Series A round led by London’s Atomico.
Intesa Sanpaolo invests digital banking dev Thought Machine
Italian bank Intesa Sanpaolo has invested ?40m into UK-headquartered Thought Machine, a developer of cloud-native core banking infrastructure.
Juni launches credit card for e-commerce companies
Juni, the financial companion for e-commerce entrepreneurs, has launched its new VISA credit card in the UK.
South Africa-based Stitch scores $21m
Stitch, a South African API FinTech developer, has reportedly raised $21m in Series A funding round.
iptiQ and WiZink in bancassurance deal
Swiss Re’s digital B2B2C insurer iptiQ has partnered with digital bank WiZink to focus on the Spanish and Portuguese markets.
Neo.Tax collects $10m in Series A funding
Tax automation platform Neo.Tax has scored $10m for its Series A funding round, which was led by Infinity Ventures.
Treasury management platform Vitesse PSP scores $26m
Vitesse PSP, a global payment and treasury management platform, has scored $26m in its Series B funding round.