Neighborly, a FinTech startup set up to enable people to buy cheaper municipal bonds, has told its staff to stop working as it is unable to pay them.
As COVID-19 rages on across the world, the affects on the FinTech segment of the economy is already letting itself be known.
Trumid Financial, which aims to improve credit trading, has become the year’s latest FinTech unicorn, following the close of a $200m round.
More than four-fifths (84%) of investors are planning to increase their allocation to alternatives over the next five years, according to a new report from AIFMetrics.
The Monetary Authority of Singapore (MAS) has introduced a RegTech grant scheme and an enhanced digital acceleration grant (DAG) program to boost tech use in the financial sector.
While BharatPe’s massive Series E round may have secured the most headlines last week, CyberTech ventures bagged the most capital injections.
Asset broker Vantage has partnered with Supercar Blondie for the launch of its global ESG programme.
Online property investment platform Holiday Crowd has raised £290,000 in a Seed round from angel investors.
Canada-based La Caisse de dépôt et placement du Québec has partnered with Desjardins Group to create a FinTech investment vehicle.
Up-and-coming FinTechs Vestr and Shift Cryptocurrencies have secured an investment from SIX FinTech Ventures.