Neobank albo secures $45m round
Mexican challenger bank albo has secured $45m as plans on becoming the nation's answer to Chime.
Empower raises $20m Series A as challenger bank market continues to ripen
US challenger bank Empower has collected $20m in its Series A round as the appetite for digital banks continues to rise.
Open banking platform Bud closes $20m Series A
Open banking platform Bud has secured $20m in its Series A round of funding.
Cross River receives $28m growth equity funding
Banking innovator Cross River Bank has bagged a $28m growth investment from investment firms Battery Ventures, Andreessen Horowitz and Ribbit Capital.Battery led the round...
Vietnam-based MFast collects $2.5m
Vietnam-based FinTech company MFast has reportedly collected $2.5m in its latest funding round.
Rapyd to acquire payments firm Valitor for $100m
US payments network Rapyd is set to purchase Icelandic company Valitor from Arion Bank in a $100m deal.
HMRC runs £3m open banking tender
Her majesty's Revenue and Customs (HMRC) is running a £3m open banking tender.
Challenger bank-hopeful Zopa rumoured to have bagged eleventh hour £130m investment
Zopa might have secured a last-minute capital injection needed to ensure the peer-to-peer lender can become a challenger bank.
Penta raises €2.2m, sees PSD2 as a way to fix ‘broken banking’
German challenger bank Penta has closed a €2.2m Seed financing round, just a month after it launched in Germany.
FPL secures funding to foster a credit-savvy population in India
India-based FinTech FPL Technologies has raised $75m in a Series C funding round, a report by FinTech Futures has revealed.
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