Report finds finance teams want greater digital and data sovereignty
A research study by MHR Analytics has discovered finance teams want to have greater control of their own digital and data futures instead of being run by external consultants.
Revolut expands market footprint with move into the travel sector
UK FinTech firm Revolut has widened its market presence after it rolled out a booking service for the travel industry.
Bookkeeping app Khatabook fetches $100m, announces ESOP buyback worth $10m
India-based FinTech startup KhataBookhas raised $100m in Series C funding, at a valuation of $600m.
Banking startup Kernolab inks $1m in pre-seed funding
Lithuanian FinTech Kernolab has raised $1m in a pre-seed funding round headed by venture capital firm Lighthouse Ventures.
CBDCs to create ‘inevitable changes’ to payments landscape, McKinsey warns
A report by McKinsey has outlined the key challenges financial companies facing from the rise of central bank digital currencies (CBDCs).
Brazil-based Swap capitalises on rapid growth with Series A close
Swap, a bank-as-a-service platform based in Brazil, has capitalised on its 300% customer base growth with the close of a $25m Series A investment.
Revolut completes Nobly take-over as it eyes hospitality sector
UK FinTech firm Revolut is to acquire electronic point of sale (ePOS) software provider Nobly, to expand its solutions to serve the restaurant and...
Rocket Companies to acquire Truebill for financial empowerment
Rocket Companies, a Detroit-based platform providing tech-driven real estate, mortgage and financial services businesses, has entered into an agreement to acquire personal finance app Truebill.
The FinTech trends to watch out for in 2022
A recent blogpost by cross-border payments firm Currencycloud has outlined its predictions for the FinTech trends to look out for in 2022.
Neobank Rewire to add insurance offering
Israel-based neobank Rewire, which provides services for expatriate workers, has raised a $25m strategic investment that it said will allow it to develop insurance products.
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