Monzo’s valuation hits $4.5bn as it bounces back from 2020
UK digital bank giant Monzo has reached a $4.5bn valuation after it recovers from its slump in 2020.
FinTech “superapp” Lydia reaches unicorn status
France-based Lydia, which stylises itself as a “financial services super-app, has joined the growing list of FinTech unicorns, after a $100m investment brings its valuation to over $1bn.
Artorius, Sugi team to bolster awareness around investment climate impact
A partnership between wealth manager Artorius and sustainable FinTech Sugi will look to provide personalised information about the climate impact of investments.
Nearside snaps up $58m Series B following recent rebranding
Small business financial services platform Nearside has raked in $58m from a Series B funding round headed by Valar Ventures.
Does reconciliation pose a big threat to asset and wealth managers?
A study conducted by AutoRek and Worldwide Business Research has found up to 60% of asset and wealth managers view reconciliations as the biggest challenge to their company.
Visa gets ahead of the ‘crypto phenomenon’
World leading payment processor Visa has launched a crypto advisory service for its clients and partners under its Visa Consulting and Analytics (VCA) arm. Through...
MAJORITY boosts banking for migrants with Series A close
MAJORITY, a mobile banking app aimed at migrants to the US, has reportedly raised $27m in its Series A funding round.
Spend manager Mendel bags $35m funding to speed-up LatAm growth
Mexican corporate spending tracker Mendel has secured $35m across a Series A raise and a debt financing round.
Shareholder activist platform Tulipshare bags funding
Tulipshare, which stylises itself as an activist investment platform, has raised $10.8m in funding.
Are payment service providers equipped to ride the cross-border e-commerce wave?
A recent blogpost by Currencycloud has underlined how payment service providers (PSPs) and acquiring banks are best served to aid the growing cross-border e-commerce market.
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