Sweden’s Trustly scraps $950m IPO plans after review by Swedish FCA
Swedish FinTech Trustly has shelved its $950m IPO plans following a review by regulators which raised issues over due diligence procedures.
Michael J Fox, Ryan Reynolds and Drake among the stars backing Wealthsimple’s C$750m latest...
Canadian FinTech company Wealthsimple has raised C$750m from a funding round led by Greylock and Meritech.
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.
FOMO teams with Atome to expand BNPL across Asia
Singaporean payments company FOMO Pay has partnered with buy now pay later (BNPL) firm Atome to expand the use of BNPL in Asia.
Splitwise reels in $20m to develop its finance and expense sharing app
Providence-based interpersonal finance app for sharing expenses with friends and family Splitwise raised $20m in Series A funding.
Viva Wallet receives Tencent backing as it bags $80m financing
Greek FinTech Viva Wallet has raised $80m in financing to bolster its loans and instant payment services.
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.
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.
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