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.
Revolut reveals that cryptocurrency trading is returning to normal after a COVID-19 dip
Interest in trading in bitcoin and other cryptocurrencies dropped as the coronavirus started to spread around the world, but new data from Revolut indicates a return to normal levels.
Neobank creator Fintech Farm raises $22m
Fintech Farm, which is helping to create neobanks in emerging markets, has reportedly closed its Series B funding round on $22m.
Curve opens up waitlist for its new initiative Curve Credit
Banking platform Curve has created a new subsidiary named Curve Credit and has now opened its waitlist for customers who want early access to its first product when it hits the market later this year.
Monzo eyes £4bn valuation in landmark funding round
Monzo is on the brink of securing a new funding round that could see the British digital bank's valuation soar to approximately £4bn.
Pockit customers’ accounts frozen because of the Wirecard scandal
Challenger bank Pockit has been forced to freeze all customers' accounts because of the Wirecard scandal and tells users to go to local welfare assistance schemes if they can't pay for their essentials.
ING invests £5m into SMEs loan comparison platform Funding Options
ING Ventures has invested £5m into Funding Options, an online marketplace designed to help SMEs find the best financing options.
Lloyds Bank taps Minna Technologies and Visa for new digital bank subscription management tool
Lloyds Bank has announced that its customers will soon be empowered to better view, manage and amend their subscriptions through its banking app.
Wealth management solution Envestnet acquires FolioDynamix from Actua
Envestnet, a wealth management and financial wellness solution, has acquired FolioDynamix from Actua Corp.
Starling Bank’s losses doubled to £53.6m in the last year
Even though UK-based FinTech unicorn Starling Bank has seen its losses skyrocket to reach £53.6m in the last year, it still has reason to celebrate.
© FinTech Global © Copyright 2024. All rights reserved.
