UK banks forced to embrace FinTech
UK banks are being forced to get to grips with FinTech thanks to a package of measures being imposed by the Competition and Markets Authority (CMA).
Resolute Ventures returns with fourth fund, just 19 months after Fund III close
Resolute Ventures is back with its second fundraise in 19 months through the launch of a new vehicle eyeing up to $75m.
Text-based financial advice service Stackin’ closes $12.6m round
Stackin', a text message-based financial advice platform, has collected $12.6m in its Series B round which was led by Octopus Ventures.
Retail investing app Newchip secures $2m in Seed funding round
Business and real estate investment marketplace Newchip has secured $2m in its Seed funding round.
AdvisorEngine picks up $20m for wealth management platform
Digital wealth management platform Vanare has raised $20m in a Series A round. The financing comes in the form of a strategic investment by WisdomTree Investments.
Neobanks and InsurTech startups among the 23 FinTechs raising money last week
Challenger banks and InsurTech ventures stood out among the 23 FinTech companies that successfully raised money last week.
Why crypto startups and InsurTechs flourished among 31 FinTech investment rounds last week
Cryptocurrency-focused enterprises, cybersecurity firms, challenger banks and InsurTechs were among the big winners of the 31 FinTech funding rounds reported last week.
Financial wellness app BrightPlan closes Series B on $12m
Personal finance platform BrightPlan has netted $12m in its Series B round, bringing its total equity funding to $37m.
BharatPe earns the horn, triples valuation to $2.85bn after Tiger Global-led oversubscribed round
Merchant payments and financial services provider BharatPe raised $370m in a primary and secondary mix, as a part of a Series E funding round led by new investor New York-based Tiger Global Management.
Monzo and Starling Bank lead service quality league
Challenger banks Monzo and Starling Bank led the list that provided the best service among the UK's 19 largest personal account providers, according to new research from British regulators.
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