Virgin Money teams up with Expend to bolster business banking
Virgin Money has established a partnership with Expend enabling it to add expense management services to its business banking proposition.
Human capital platform Justworks goes public
Justworks, a cloud-based software platform that gives small and medium-sized businesses access to benefits, payroll, human resources, and compliance support, has launched its initial...
Nationwide hit with another payment outage
Nationwide Building Society has temporarily suspended inbound payments due to extremely high volumes of transactions on the first working day of the year, as revealed on Downdetector.
Chinese tech giant Tencent joins Monzo backers
Chinese tech company Tencent has taken a small stake in online bank Monzo, as part of a $100m top-up following its recent $500m funding round led by Abu Dhabi Growth Fund, a report from Sky News has revealed.
Meet Payhawk, Bulgaria’s first unicorn
Payment and expense solution Payhawk has raised an additional $100m to extend its Series B round to $215m, propelling the company to a billion dollar valuation.
Berlin-based re:cap closes one of Europe’s largest seed rounds
Berlin-based re:cap has closed on of the largest seed rounds of a European FinTech company, collecting $111.5m.
iCapital Network hits $6bn valuation hot off heels of former round
iCapital Network, which is boosting access and efficiency in alternative investing industries, has scored $50m in fresh funding, which brings its valuation to $6bn.
Tink completes FinTecSystems acquisition
Swedish open banking company Tink has completed its acquisition of German firm FinTecSystems following regulatory approval.
Taptap Send lands $65m to advance fight against global financial inequality
Cross-border financial platform Taptap Send has reeled in $65m from a Series B funding round led by Spark Capital.
Rocket Companies to acquire Truebill for financial empowerment
Rocket Companies, a Detroit-based platform providing tech-driven real estate, mortgage and financial services businesses, has entered into an agreement to acquire personal finance app Truebill.