Smart secures £165m in funding to support its international growth
Global retirement savings technology platform Smart has secured £165m in its Series D, which will help it bolster its global presence.
Finastra survey finds financial industry see bright future for BaaS
A survey by FinTech giant Finastra has found banking-as-a-service (BaaS) is set to make a substantial impact on financial services over the next 12 months.
EBA report examines operating model for digital and open banking readiness
The Euro Banking Association’s (EBA) Open Banking Working Group has published a report that explores an operating model for banks on their way to digital readiness.
Gotrade launches out of stealth after $7m investment round
Digital investment app Gotrade has come out of stealth mode, following the close of a $7m investment.
Automated investing app Fintual said to close $15m investment round
Fintual, an automated investing platform, has reportedly collected $15m in its latest funding round.
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.