Ecospend joins PIMFA WealthTech with Pay-by-Bank solution
UK-based open banking provider Ecospend has joined PIMFA WealthTech, the digital marketplace and industry network to boost collaboration and innovation within wealth management.
Zenus Bank launches first global Visa Infinite Debit Card
Zenus Bank, a digital bank making US bank accounts available internationally, has become the first bank to launch a Visa Infinite Debit Card to a global audience.
UK FinTech giant Revolut records first full year of profitability
UK FinTech giant Revolut has recorded its first full year of profitability, after it generated £100.3m adjusted EBITDA and £26.3m in profit for 2021.
Varo Bank names Wook Chung as CPO
Varo Bank, the first all-digital, nationally chartered consumer digital bank in the US, has named Wook Chung as its chief product officer.
Feel-good finance app Fierce emerges from stealth with $10m
Fierce, a "feel-good finance app" helping its users earn high-yield returns across all their financial assets, has emerged from stealth with $10m seed funding.
Digital banking platform Oxygen secures $20m
Digital banking platform Oxygen has secured $20m in its Series B funding round, which was led by return investors.
Digital bank Zopa nets £75m to support M&As
Digital bank Zopa has raised £75m from existing investors to support the next stage of its growth, which includes M&A activity.
German neobank Ruuky files for insolvency
German neobank Ruuky has filed for insolvency, after it was unable to overcome market dynamics and raise additional funding.
Greenlight launches financial literacy game for kids
US-based Greenlight Financial Technology, which aims to help parents boost financial literacy with their children, has launched a new interactive financial literacy game.
Banking-as-a-service (BaaS) vs embedded finance
Banking-as-a-service (BaaS) and embedded finance have become two of the biggest buzzwords/solutions. However, there seems to be a confusion about how they differ from one another.
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