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.
Indonesian FinTech Cermati.com said to close Series C funding round
Indonesia-based Cermati.com, which claims to make financial information more available, has reportedly closed its Series C.
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.
The Chainsmokers’ VC firm backs LoanSnap’s $30m Series B
Smart loan provider LoanSnap has collected $30m in its Series B funding round, which was led by True Ventures True Select Fund IV.
Graviti said to close $2.5m seed round
Graviti, a buy now pay later (BNPL) platform focused on unbanked in LatAm, has reportedly scored a $2.5m seed round.
Payflow said to close €2m in its seed round
Spanish FinTech company Payflow has reportedly added additional funding to its seed round, bringing the total to €2m.
JP Morgan team with DBS, Temasek to launch joint payments firm
JP Morgan has partnered with DBS Bank and Singapore government-owned firm Temasek to introduce a new joint payments company.
Virgin Money teams with UK FinTech firm to bolster lending offering
Virgin Money has partnered with FinTech company Trade Ledger to deliver a quicker, more user-friendly experience for business customers applying for lending.
Vivid Money bags $60m Series B to expand across Europe
Berlin-based challenger bank Vivid Money has raised $60m from a Series B funding round led by Greenoaks.
Volt unveils new end-to-end cash management service
London-based payments company Volt has introduced Volt Connect – a new cash management service aimed at making the open banking payment process more transparent.
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