Online Banking

Younger generations willing to switch banks with greener credentials

Younger generations are willing to switch providers if their bank doesn’t have strong environmental credentials, according to a study from Tink.

Banking app Douugh collects $20m in deal with Long State Investments

Digital banking app Douugh has collected $20m in an equity placement facility agreement from Long State Investments.

Lunar makes cash offer for Instabank

Danish neobank Lunar has made an offer to fully acquire Instabank, a Nordic digital bank.

WealthTech unicorn Jeeves quadruples valuation in six months

Jeeves, an all-in-one corporate card and expense management platform, has reached a $2.1bn valuation after the close of its Series C on $180m.

Banking app Dave scores $100m alongside new partnership

Dave, a banking app that aims to democratise the financial ecosystem, has bagged $100m as part of a new strategic partnership with West Realm Shires Services, which owns FTX US.

UK-based ClearBank nabs ?175m investment

ClearBank, a next-generation clearing and embedded banking platform in the UK, has secured a ?175m equity investment.

Unbanked’s crowdfund has flying start exceeding target by 5,465%

Unbanked, a global neo-bank build on the blockchain, has had a flying start to its crowdfunding campaign, having already surpassed its target by 5,465%.

AstroPay expands footprint in Latin America

Online payment solutions AstroPay has expanded its payment links services across Latin America, in Peru, Chile, Mexico and Colombia.

Pocket money app for kids, Junio, lands $6m

Digital payments firm Junio, which focuses on managing children’s pocket money, has raised $6m in a pre-Series A funding round.

Neobank Open becomes India’s 100th unicorn

Indian neobank Open has reportedly become the 100th unicorn in India, after it closed a Series D.

News Stories

Bolttech, a fast-growing global InsurTech company, has successfully secured a $50m venture debt facility from HSBC.

Bolttech secures $50m venture debt facility from HSBC to fuel InsurTech growth

bolttech, a fast-growing global InsurTech company, has successfully secured a $50m venture debt facility from HSBC. The financing will support bolttech’s strategic growth, allowing the...
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...

120,000+ FinTech leaders get exclusive industry stories delivered every week

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2024 with details on each solution