WealthTech

UK FinTech firm Revolut has widened its market presence after it rolled out a booking service for the travel industry.

UK PayTech firm Soldo has closed a $180m Series C funding round led by investor Temasek.

French FinTech Fime has revealed it has been empanelled as an official certifier to support the growth of India’s open banking ecosystem.

One in four adults aged over 50 encountered issues when accessing digital financial services during lockdown, highlighting the need for FinTechs to address the needs of older users, according to new research.

Controversial trading app Robinhood, which was at the centre of a retail-trading frenzy that gripped Wall Street this year, plans to raise up to $2.3bn in an initial public offering.

US customer interaction firm Lightico has secured $15m from a Series B funding round led by Capital One Ventures.

SEC-Licensed digital broker and leading digital investment platform Chaka Technologies raised $1.5m in a pre-seed funding round led by Breyer Capital, global venture capital firm focused on tech companies like Spotify and Facebook.

FinTech companies continue to rake in millions of dollars with a slew of startups graduating to the unicorn club. The 42 ventures in the sector that topped up their accounts last week are proof of that.

A study by Juniper Research has found around 53% of the global population will access digital banking services in 2026.

UK FinTech Novus has secured regulatory approval from the Financial Conduct Authority (FCA) to launch as a company later this year.