Bitwala bags €4m to support launch of banking app later in the year
Blockchain-based bank account Bitwala has bagged €4m in funding to support the launch of its platform.
Open banking solution Yapily secures $5.4m in seed
Yapily, which builds APIs connecting banks with other providers, has secured $5.4m in its Seed funding round.
Swedish unicorn Klarna becomes valued at $5.5bn after raising a $460m equity round
Klarna, the payment and banking company, has raised $460m in a new equity funding round, which has pushed its valuation past the $5.5bn mark and makes it Europe’s largest FinTech enterprise.
The UK’s newest neobank Alba picks Temenos’ tech to be the backbone of its...
Alba is a new UK-based challenger bank that is looking to launch in 2020. As part of its push, it has now teamed up with banking software company Temenos.
Tide raises £44.1m in a first-round of Series B funding
UK-based digital business banking platform Tide has raised £44.1m in a first-round of Series B funding.
Most Brits would rather go online than into a physical branch for their banking
Marqeta, the global modern card issuing platform, has revealed that 72% of Britons do most of their banking online and 77% would even consider switching to a digital-only bank.
TSB Bank to close 86 branches and fire 400 people as it invests in...
Edinburgh-headquartered TSB Bank will sack up to 400 people and close 86 branches across the UK as the lender also announced new tech investments.
How to become a successful digital payments company in LatAm
To become a successful payments FinTech in Latin America, it heavily relies on the ability to support local transaction options, according to Simon Davies, the managing director of EBANX in the United Kingdom.
Revolut taps Flagstone for the launch of its new feature enabling customers to earn...
UK challenger bank Revolut has unveiled a new feature. However, its only available for its UK metal customers.
Revolut hijacked a Monzo Twitter thread and things got weird really fast
When Monzo asked its Twitter followers what feature they would like to add, Revolut replied, “Auto-switch to Revolut button.” Then all hell broke loose.