Nigerian FinTech Sparkle nets $3.1m seed to scale operations
Sparkle has secured $3.1m in seed funding to expand the reach of its mobile-first digital bank service.
Ilumoni unveils borrower wellbeing app following ?1.63m funding haul
Ilumoni has officially launched its borrower wellbeing app on iOS and Android devices after previously securing ?1.63m in investment since its founding.
B9 nets $5m seed funding to expand unbanked customer reach
FinTech startup B9 has secured $5m in seed capital and has doubled its year-end customer acquisition target.
Pair of private equity firms take control of Global Processing Services
Global Processing Services, a global payment technology platform, has scored $300m in an investment.
European open banking report reveals huge growth potential for the sector
A report by open banking firm Yolt Technology Services (YTS) has found that up to 40% of banking customers across the continent are not currently using an open banking solution.
Halo eyes protective investment market disruption with strong Series C
Protective investment firm Halo Investing claims it has raised over $100m in Series C funding to simplify investor access to investments.
Canadian singer The Weeknd invests into Pomelo to help families safely send money internationally
Pomelo, which combines credit and international credit and international money transfer, has netted $5m in seed funding to support the launch of its services.
Standard Chartered pumps $500m into Atome to fuel BNPL rollout in Asian markets
Standard Chartered has inked a 10-year partnership with Atome Financial to help the company introduce its buy now, pay later (BNPL) service in select Asian markets.
Banks target more FinTech acquisitions, partnerships to boost market standing
A report by Lloyds Bank has found more UK banks are targeting collaboration and acquisitions with FinTech firms to strengthen their position in the growing market.
Only one in five consumers feel their bank values them as a customer
Recent research by marketing firm Ello has found only one in five consumers believe that their bank values them as a customer.
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