Vauban said to close seed round on £1.6m
Vauban, which enables investors to build funds and investment vehicles online, has reportedly closed its seed round on £1.6m.
Computer Services signs partnership with Featurespace to fight money laundering
FinTech Computer Services has partnered with financial crime-fighting company Featurespace to launch a holistic anti-money laundering solution WatchDOG AML.
Virgin Money inks deal with Redspire to support growth of its digital offering
Virgin Money signed a new strategic FinTech partnership with Glasgow-based Redspire to support the development of its digital proposition for its new business current account.
TransferWise granted licence to operate in Australia
International transfer company TransferWise has secured a licence to operate in Australia from the Prudential Regulatory Authority.
Libra could launch as early as January
The Facebook-led Libra Association is reportedly gearing up to launch its cryptocurrency at the start of 2021.
STC Pay said to become Saudi Arabia’s first unicorn after close of new round
Saudi Arabia-based STC Pay, digital payment solution developer, has reportedly reached a $1.3bn valuation after the close of a $200m investment.
Cybersecurity, InsurTech and neobank ventures led the 29 FinTech rounds raised last week
Out of the 29 FinTech funding rounds we reported on last week, cybersecurity companies, InsurTechs and challenger banks were among the clear winners.
Newly founded Primer closes another funding round this year
Primer, a low-code payments infrastructure and online checkout API, has scored ?14m in its Series A funding round, led by Accel.
Over two fifths of health insurers still lack a consumer facing app
Only 42% of health insurers in Europe have a consumer facing app, despite the rising importance of digitalisation, according to a new whitepaper from Scanbot.
Coinbase responds to racism and discrimination allegations
Coinbase has been accused of having created a culture fraught with bullying, racism and discrimination against black people in a new exposé from the New York Times.
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