MAS launches RegTech and digital schemes, commits S$42m to boost adoption
The Monetary Authority of Singapore (MAS) has introduced a RegTech grant scheme and an enhanced digital acceleration grant (DAG) program to boost tech use in the financial sector.
Three ways FinTechs are leaning into PayTech innovation
In the wake of COVID-19, research suggests FinTech companies are experiencing a strong growth spurt giving them the opportunity to innovate like never before.
Goldman Sachs empowers Starling Bank with £50m injection
Goldman Sachs’ Growth Equity has invested £50m into the UK’s leading digital bank Starling.
Nexi, Fiskl collaborate to bolster open banking services
FinTech mobile platform Fiskl has partnered with PayTech leader Nexi to bolster the latter’s open banking offering.
Uganda-based Numida said to close $2.3m in its seed round
Uganda-based FinTech platform Numida has reportedly scored $2.3m in its seed funding round, which will help it expand across West Africa.
Atom Bank valuation halves after £40m funding raise, gears up for future IPO
UK challenger Atom Bank has established a £40m fund raise at 60p-a-share, which is just under half the price it raised equity in in 2019.
B-North edges closer to £20m Series A goal after fresh investment
SME lending bank B-North has raised more than £560,000 for its latest funding round, beating its initial target.
What Dataminr’s $475m round among the 33 investments in the FinTech sector last week...
Out of the 33 FinTech funding rounds we reported on last week, cybersecurity companies and cryptocurrency-based enterprises were the clear winners.
SoftBank-backed True Balance secures $10m debt capital
True Balance scored $10m in debt funding for its non banking financial firm, True Credits.
OakNorth Bank provides ?4.4m coronavirus loan to Beulah Vista Caring Home
Challenger bank OakNorth Bank has completed a ?4.4m Coronavirus Business Interruption Loan Scheme (CBILS) loan to complete the development of a care home.
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