Pennylane picks up $18m from Sequoia for its financial management and accounting platform
Paris-based financial and account management solutions provider Pennylane raised €15m ($18m) in new funding from Sequoia Capital.
Finley secures $3m seed funding to support new product launch
Debt capital raise and management solution Finley has bagged $3m in seed funding, alongside launch of credit facility management tools.
Bari Bank introduces credit and debit card for children
Italian digital bank Bari Bank has introduced a debit and credit card supplied with pre-set funds for children and teenagers.
NatWest unveils carbon footprint feature aimed at tracking user climate impact
NatWest has launched a new carbon footprint tracking feature for its app users to help customers lower the climate impact of their spending.
Rapyd snares $300m Series E to accelerate growth and acquisitions
US payments network Rapyd has secured $300m from a Series E funding round led by Target Global.
Late payments can create dangerous ‘domino effect’ across entire supply chain
A recent survey conducted by PayTech firm GoCardless found 86% of respondents agreed that one late payment can impact everyone in the supply chain.
BaaS platform Swan inks $16m funding to extend global footprint
Banking-as-a-service (BaaS) platform Swan has snared $16m in equity funding from venture capital firm Accel.
Are Baby Boomers the ideal FinTech customers?
A recent study by payments-as-a-service platform Modulr has found 65% of over 65s are open to using new financial services or payment methods for convenience.
Bank of England set to launch CBDC consultation in 2022
The Bank of England (BofE) has revealed it intends to launch a consultation to set out their assessment of the case for a UK central bank digital currency (CBDC) next year.
Marqeta widens European presence through expanded Klarna partnership
Klarna has entered 13 new European markets after it expanded its alliance with card issuer Marqeta.