Crypto banking platform Matrixport hits unicorn status
Matrixport, which claims to be one of Asia’s fastest growing digital asset platforms, has joined the unicorn club, after it closed a Series C round.
Revolut unveils open banking feature for retail and business customers in Ireland
Neobank Revolut boasts having over one million retail and business customers who can from now on enjoy the FinTech unicorn's new open banking feature.
Ondo Finance pulls in $20m for its DeFi vision
Ondo Finance, which is building a decentralised investment bank, has raised $20m in Series A funding to accelerate the adoption of DeFi among mainstream investors.
UK FinTech Ipagoo falls into administration days after being slammed by the British financial...
Digital bank Ipagoo has collapsed into administration after all its accounts were frozen following the Financial Conduct Authority (FCA) ordered it to cease all regulated activities
Tangerine partners with Meniga to support Canadian consumers with finances
Canadian direct bank Tangerine has formed a partnership with Meniga, a digital banking solution developer.
Alt Thirty Six raises $10m in Series A from unnamed private equity firm
Alt Thirty Six, a digital payments and compliance platform for the cannabis industry, has netted $10m in its Series A.
Open banking bounces back, Tink reports
According to research published by open banking platform Tink, there has been an increase in spending among Europe’s financial executives, with 47% saying their...
Goldman Sachs, Fiserv team to unveil B2B payments facility
US FinTech firm Fiserv and Goldman Sachs have introduced their first product offering from its ongoing strategic partnership.
Why banks should double down on innovation during the Covid-19 pandemic
The ripple effects of the coronavirus pandemic could cause companies to de-prioritise their digitalisation, but Nucoro believes that would be a “significant missed opportunity.” Instead of stopping, firms should be doubling down.
Monzo CEO steps down to become company president
Tom Blomfield has swapped his CEO title for a president role at Monzo as the challenger bank is dealing with COVID-19 fallout.