Mox, Mastercard team to launch new tool to simplify card payment process
Hong Kong virtual bank Mox has partnered with Mastercard to introduce a new tool that allows Mox users to flip between spending on an all-in-one debit and credit card.
Hong Kong could introduce mandatory climate disclosures as early as 2022, HKMA claims
The Hong Kong Monetary Authority (HKMA) is apparently planning to speed up proposals to require financial organisations to disclose their climate change-related financial risks.
BBVA executive raises digital euro concerns, questions customer demand
An executive from Spanish bank BBVA has highlighted concerns about a potential digital euro and questioned what customer demand it would meet.
German FinTechs merge to create business-to-consumer savings juggernaut
German FinTechs Raisin and Deposit Solutions have merged in a move that will see the creation of Raising DS – a new market-leading B2C savings company.
ClearScore eyes team, product suite expansion following $200m investment
Personal finance and credit scoring platform ClearScore has secured a $200m investment from investment firm Invus Opportunities.
SmartAsset enters unicorn club with plans to boost its marketplace for financial advisors
FinTech platform that helps individuals connect with financial advisors SmartAsset secured a $110m investment in a Series D round led by TTV Capital that takes SmartAsset’s valuation to more than $1bn.
BIS, Bank of England unveil new BIS Innovation Hub in London
The Bank for International Settlements (BIS) and the Bank of England (BofE) have collaborated to launch the new BIS Innovation Hub Centre in London.
How payment companies struck gold among the 51 rounds raised last week
Our weekly roundup of the big FinTech trends from the past seven days is all you need to keep yourself updated on what’s happening in the industry.
Mastercard, Bilt team to unveil new credit card to support renters
Mastercard has collaborated with Bilt Rewards to launch Bilt Mastercard - a credit card that offers no fees on rent payments.
Donut bites into new $2m round to make DeFi investing mainstream
Mobile app to save and earn high yield with DeFi Donut closed a $2m funding round, bringing Donut’s total funding to date to $3.8m.
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