Curve warns customers of “temporary disruption” as it deals with the Wirecard fallout

Payment startup Curve has warned its customers that their services will be disrupted because of the Wirecard scandal having prompted the Financial Conduct Authority (FCA) to freeze all of the payment giant's assets.
Bloom

Bloom Finance pulls in $7m from SixThirty-led Series A

Bloom Finance, a firm that offers home equity release solutions to homeowners, has raised $7m in a Series A financing round.

FinTech investment in Latin America remains strong as demand for digital financial services grows...

FinTech companies in the region raised over $1.9bn across 128 transactions in the first nine months of 2020. The FinTech industry in Latin America...

Cross-border QR payments introduced in Thailand, Indonesia in pilot trial

A trial conducted by central banks in Thailand and Indonesia will see the implementation of cross-border QR payments across both countries.

Monzo banks £19.5m, looks to crowdfund £2.5m more

The app-only bank has already closed £19.5m in a Series B round led by Thrive Capital and plans to raise a further £2.5m through crowdfunding.
WealthTech firm Aiviq signs multi-year deal with AllianceBernstein

WealthTech firm Aiviq signs multi-year deal with AllianceBernstein

Aiviq, a cloud-based SaaS business for the global asset management industry, will provide AllianceBernstein (AB) with client assets under management (AUM) and flow data management products and services, through a new deal.

FinTechs use market alliances to offer leading savings products, research finds

Research by Investec has found FinTechs use partnerships with larger financial services companies to offer market-leading savings products to their clients.

Betterfly becomes first Latin American social unicorn

Betterfly, which claims to have become the first Latin American “social” unicorn, has raised $125m in its Series C funding round.Glade Brook Capital led...

How Moxtra became the name behind banks’ improved digital experiences

Revealing how Moxtra became a WealthTech powerhouse fuelling digital innovation.

Dave becomes third most valuable challenger bank in the US after new investment

American challenger bank Dave has received a $100m credit facility from Victory Park Capital.

News Stories

Magic

PayPal Ventures backs Magic with $52m for web3 revolution

Magic, a Wallet-as-a-Service (WaaS) provider, has recently successfully secured $52m in a strategic funding round.
HSBC

HSBC pioneers AI-backed ESG Index for sustainable investment boost

HSBC, in partnership with Arabesque AI, has announced the launch of a pioneering ESG Index backed by artificial intelligence (AI).
Vartana

Vartana to shake up B2B payments with $20m Series B

Vartana, an enterprise checkout platform designed for B2B software and hardware purchases, has bagged $20m in a Series B.
Measurabl

Measurabl gathers $93m to boost real estate ESG platform growth

Measurabl, an ESG technology platform for real estate, has announced the completion of its $93m Series D funding round.
BIS

BIS Innovation Hub uses AI and data analytics for efficient money laundering detection

The BIS Innovation Hub has found that a number of key tech developments have proven to be superior for detecting money laundering networks.

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