Why embedded finance is opening the door to new investors
An interview between Currencycloud and financial brokerage firm DriveWealth has detailed how embedded finance is changing the investment space in wealth management.
Klarna expands European presence with Poland launch
Buy now, pay later (BNPL) firm Klarna teamed with H&M to launch its app and its Pay in 30 days BNPL option in the Polish market.
DriveWealth reaches $2.85bn valuation after round close
DriveWealth Holdings, a fractional trading and embedded finance platform, has collected $450m in its Series D round, putting its valuation at $2.85bn.
Mosaic, DXC team to launch new speciality InsurTech platform
Mosaic Insurance and end-to-end IT services firm DXC Technology have partnered to launch a new insurance technology platform.
Gen Z and Millennial spending share to grow 48% by 2030, Afterpay report finds
A quarterly report by the buy now, pay later (BNPL) business Afterpay has estimated that spending share by Millennials and Gen Z will grow to almost 50% by 2030.
One nets $40m in Series B funding to bring all-in-one banking to middle class
San Francisco and Sacramento-based financial technology company One raised $40m in Series B funding to expand its digital banking-related product offerings for the middle-class.
Faering, Amazon, Premji Invest, Sequoia, others pour money into WealthTech firm Smallcase
Capital market-focused FinTech company Smallcase raised $40m in funding, led by Faering Capital as well as new investors Amazon Smbhav Venture Fund and Premji Invest.
Revolut unveils earned wage platform to provide instant money access
UK FinTech firm Revolut is set to launch Payday, an earned wage access platform that will enable employees to track and have instant access to the money they have earned.
Enable reels in $45m from Norwest-led Series B
Cloud-based software solution Enable has secured $45m from a Series B funding round led by Norwest Venture Partners.
401GO scores seed round as it expands it partner programme with financial advisors
401GO, which helps small businesses implement 401k plans for their employees, has bagged $2m in its Seed round.
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