WealthTech

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.

The Bank for International Settlements (BIS) and the Bank of England (BofE) have collaborated to launch the new BIS Innovation Hub Centre in London.

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 has collaborated with Bilt Rewards to launch Bilt Mastercard - a credit card that offers no fees on rent payments.

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.

Houston and Stockholm-based digital banking provider for immigrant communities in the US Majority raised $19m in seed funding.

Starling Bank has given children aged between 6 and 16 access to an account that will enable them to view their balance and transactions and receive spending notifications.

Earlier this month, El Salvador became the first ever country to make bitcoin legal tender, alongside the US dollar. While this may spell good news for those who trade in the cryptocurrency, is El Salvador the first of many countries to legalise bitcoin or will it be a one-off?

Australian business banking alternative Zeller has secured A$50m from a recent funding round to supercharge the development of its integrated business banking platform.

Securitize has closed its oversubscribed Series B on $48m, as it looks to release its marketplace for digital asset security trading.