Online Banking

Challenger bank Qonto closes fastest fundraise on Crowdcube

French challenger bank Qonto, which reached a $5bn valuation in January, has reportedly closed a crowdfunding campaign in just six hours.

Welcome Tech lands $30m to support immigrant families

Welcome Tech, a digital platform aiming to provide immigrant families in the US with services to help them thrive, has raised $30m in funding.

NanoPay’s Aliada Digital Card is aiming to “transform the lives of women” in Mexico

NanoPay’s Aliada Digital Card is available to all Mexican women over the age of 18 who wish to start or improve their credit history or continue exploring new forms of financing.

Nova Credit expands into Europe to serve migrant corridors

Nova Credit, a FinTech that says it is unlocking opportunities for those historically excluded from the credit system and companies looking to serve them, has expanded into Europe.

Voyager raises $210m for PayMaya and Maya Bank in the Philippines

Voyager Innovations, the Philippines-based technology company behind the end-to-end money platform PayMaya and neobank Maya Bank, has raised $210m.

ecolytiq joins forces with Snowdrop Solutions for climate awareness in banking

Sustainability-as-a-service provider ecolytiq has partnered with Snowdrop Solutions, a data enrichment service provider, to accelerate climate awareness and behavioural change for banking customers.

Klarna to take on Amazon, Google and Facebook following PriceRunner take-over

Global retail bank and Buy Now, Pay Later (BNPL) provider Klarna, has completed its acquisition of comparison shopping service PriceRunner.

Carefull and Nationwide to support financial caregivers

Carefull, a digital platform built to protect the daily finances of older adults, has launched a pilot programme with Nationwide to support financial caregivers.

RBC bolsters wealth management offering with Brewin Dolphin acquisition

The Royal Bank of Canada (RBC) is to acquire UK-based wealth management firm Brewin Dolphin.

Klarna launches dedicated open banking unit

Global retail bank, payments and shopping service Klarna, has launched Klarna Kosma, a sub-brand and business unit to harness the growth of its open banking platform.

News Stories

fraud

What large organisations need to know about fraud prevention

The UK Home Office has issued guidance pertaining to the newly introduced offence of failure to prevent fraud by the Economic Crime and Corporate Transparency Act 2023, set to be enforced in nine months.
IFRS

IFRS Foundation releases guide on sustainability-related financial disclosures

The IFRS Foundation has launched a new guide to assist companies in identifying and reporting on sustainability-related risks and opportunities.
scams

How fraudsters use social engineering to empty bank accounts

Social engineering scams, particularly those involving bank impersonation, pose a significant threat to financial security.
VOOM Insurance, an InsurTech pioneer known for crafting usage-based insurance products tailored for the future of mobility, has appointed Thomas Coyne as its new head of insurance.

VOOM Insurance appoints Thomas Coyne as head of insurance

VOOM Insurance, an InsurTech pioneer known for crafting usage-based insurance products tailored for the future of mobility, has appointed Thomas Coyne as its new...
The Claims Portal, a UK Ministry of Justice-mandated service for managing personal injury claims valued between £5,000 and £25,000, has partnered with CRIF to improve user experience and modernise the claims management process.

The Claims Portal teams up with CRIF to modernise the claims management process

The Claims Portal, a UK Ministry of Justice-mandated service for managing personal injury claims valued between £5,000 and £25,000, has partnered with CRIF to...

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