WeWork expands financial flexibility through cryptocurrency collaboration
UK flexible space provider WeWork has revealed it will begin accepting payment in select cryptocurrencies after entering a partnership with BitPay and Coinbase.
UK bank 3S Money raises £3m to boost hiring, business expansion
UK banking platform 3S Money has raised £3m from a Series B funding round and has hit a £40m valuation.
FCA to introduce ‘regulatory nursery’ to boost FinTech oversight
The Financial Conduct Authority (FCA) has revealed it will launch a ‘regulatory nursery’ for new FinTech companies in autumn of this year.
Dama Financial scores $12.6m to extend financial solutions to cannabis operators
California-based banking and financial solutions provider for cannabis businesses Dama Financial closed a $12.6m growth equity raise, bringing its total funding to $24m to date.
Canada-based Plooto said to close $6.3m in its Series A
Payment management company Plooto has reportedly collected CAD 8m ($6.3m) in its Series A round, which was led by FINTOP Capital.
IntellectEU launches AI platform to bolster wealth management personalisation
Belgian IT company IntellectEU has introduced VELMA, an AI platform that allows financial advisors to offer ‘hyper-personalisation’ in the wealth management sector.
Apple reveals Apple Card Family which lets families share its credit card services
The Apple credit card got an update and now it can be shared and merged with family members, CEO Tim Cook revealed.
Chargebee gains unicorn status following $125m Series G
US-based subscription management firm Chargebee has raised $125m from a Series G funding round, raising its overall valuation to $1.4bn.
US House of Representatives approves cannabis banking bill
The US House of Representatives passed a much-awaited SAFE bill aimed at easing financial restrictions placed on the cannabis industry.
Vendor payment system Candex said to raise $20m in its Series A round
Candex, which manages payments between companies and their vendors, has reportedly scored $20m in Series A funding.
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