WealthTech

ECB: Digital euro will be a complement to cash, not a replacement

European Central Bank (ECB) executive board member Fabio Panetta has claimed that despite the growth in digital currency, there is still a huge demand for physical cash.

Pension provider Collegia snares £500k in funding prior to full launch

UK-based pension provider Collegia has secured £500k in funding ahead of its launch in the UK later this month.

Wagely bags $5.6m strategic funding to grow earned wage access platform

Indonesian FinTech startup Wagely has secured $5.6m in a strategic funding round led by Intergra Partners.

Sentiance underlines retail banking innovation importance, key banking trends

A blogpost by data science and behaviour change firm Sentiance has highlighted the growing importance of hyper-personalization in the retail banking sector.

Veriff, Monese partner to offer secure digital banking services to Europe

Estonian identity verification firm Veriff has teamed with mobile money app Monese to provide strengthened and secure digital banking services to European consumers.

Klarna unveils new comparison shopping service across European markets

Swedish buy now pay later (BNPL) juggernaut Klarna has launched its Comparison Shopping Service (CSS) in 21 markets across Europe.

Crypto-based neobroker Change valued at $214m after closing oversubscribed crowdfund round

Change, a cryptocurrency investing platform for retail investors, has closed a $4.5m crowdfund from 50 private investors at a $214m valuation.

nesto eyes staff, tech expansion following $76m Series B raise

Canadian mortgage comparison platform nesto has raised $76m from a Series B funding round.

India leads in FinTech market, ahead of US in financial innovation, US lawmaker says

India is the "fastest-growing" FinTech market in the world and far ahead of the US in terms of financial innovation, Republican Senator Steve Daines said.

TreasurySpring secures $10m Series A to strength fixed-term-funds platform

UK FinTech startup TreasurySpring has secured $10m from a Series A funding round.

News Stories

Slow week for FinTech with $557m raised across 16 deals

Slow week for FinTech with $557m raised across 16 deals

The UK leads the way in a slow week for FinTech, with just 16 deals completed globally and a total of $557.5m raised.  In a...
Glia introduces online calculator for benchmarking customer interactions in finance

Glia introduces online calculator for benchmarking customer interactions in finance

Glia, a pioneering force in customer interaction technology, has unveiled its latest innovation—the Unified Interactions Index Online Calculator.
TrueLayer lands $50m boost to pioneer pay-by-bank innovation in Europe

TrueLayer lands $50m boost to pioneer pay-by-bank innovation in Europe

TrueLayer, recognised as Europe's premier pay-by-bank network, has recently completed a significant fundraising milestone by securing an additional $50m.
Standard Life and Raindrop launch revolutionary free pension tracing service

Standard Life and Raindrop launch revolutionary free pension tracing service

Paysend, a pioneering UK-based FinTech company, has launched a new remittance solution, Paysend Libre, aimed at bolstering financial inclusion across Northern Central America.
WTW bolsters UK wealth management influence with strategic stake in Atomos

WTW bolsters UK wealth management influence with strategic stake in Atomos

WTW has announced its acquisition of a stake in Atomos, a prominent, advice-led wealth manager operating in the UK.

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