Chime triples its valuation within nine months after new $500m Series E round

December 6, 2019

Despite investors growing weary, Chime’s new round proves they still have an appetite to invest huge chunks of cash into the right startup.

Holvi to launch banking services in the UK

January 28, 2020

Finnish digital banking platform for small and medium-sized enterprises Holvi has reportedly released its services in the UK.

Neobank Up removes foreign ATM withdrawal fees

January 9, 2020

Australian digital bank Up has removed an AUS$5 fee for foreign ATM withdrawals as it pushes for an edge against its competitors.

SME banking app ANNA closes £17.5m funding round

May 18, 2020

ANNA, a business small business banking account, has closed a funding round on £17.5m.

Galileo opens offices in Mexico just as the Latin American FinTech scene is booming

February 6, 2020

Salt Lake City-based Galileo has just announced that its open for business in Mexico City as a wave of investments washes over Latin American FinTech companies.

Mobile banking app Fundall closes its pre-seed on $150,000

October 19, 2020

Nigeria-based Fundall, a mobile banking platform, has closed its pre-seed funding round on $150,000 to support its launch.

What does Revolut’s $500m raise mean for challenger banks and the FinTech space?

February 28, 2020

Revolut has finally closed a $500m investment round after years of speculation, leaving people wondering where that leaves other challenger banks and the rest of the FinTech industry.

GCC’s first digital bank aimed at migrant workers NOW Money nets $7m round

March 31, 2021

NOW Money, which claims to be the first digital bank for low-income migrant workers in the Gulf Cooperation Council, has netted $7m in funding.

FinTech unicorns and startups to face a coronavirus-created “vicious cycle” that could slash their...

March 24, 2020

The global COVID-19 outbreak could worsen business and funding conditions as well as changing private FinTechs’ exit options, according to a new report.

Data protection is the top priority for UK banking customers

July 28, 2021

Data protection and security are of the highest importance for UK banking customers as financial services become increasingly dependent on digital interactions, according to a new study.