WealthTech

Wise has unveiled a new multi-currency investment feature that will give people and companies in the UK more autonomy in deciding how their money is held.

Lithuanian FinTech Kernolab has raised $1m in a pre-seed funding round headed by venture capital firm Lighthouse Ventures.

Challenger bank Monese has entered a strategic partnership with Investec Bank following the recent introduction of the former’s banking-as-a-service (BaaS) platform.

Open banking firm Zūm Rails has introduced a new set of anti-fraud tools to bolster the security of its Instant Deposit feature on its platform.

The People’s Bank of China (PBOC) has revealed it aims to fully launch the e-CNY digital currency by February 2022.

Flobiz, an Indian neobank for small-and-medium sized businesses in India, has secured $31m in funding from a Series B round.

The UK Financial Conduct Authority (FCA) has issued a new strategy that is designed to improve the confidence consumers have to invest, with more regulations likely.

One of the most potentially longstanding trends to emerge over the past year is hybrid working, with the working model expected to persist as the workforce becomes more accustomed to the work-life balance it offers them.

Neo Financial, which aims to improve the financial experience for Canadians, has raised $64m in its Series B funding round.

UK commission-free stock trading app Lightyear has pulled in $8.5m from a seed funding round led by Mosaic Ventures.