Penfold implements NorthRow’s technology to ease pension onboarding
Digital-only pension Penfold has implemented NorthRow’s technology to accelerate its onboarding process and enable users to establish a pension in five minutes.
WealthTech startup Bite Investments closes its pre-Series A
Bite Investments, an alternative investment platform, has closed its pre-Series A funding round.
UK Chancellor examines case for new Britcoin digital currency
UK Chancellor of the Exchequer Rishi Sunak has told the Bank of England (BOE) to look at the case for a potential Britcoin or central-bank-backed digital currency.
MAS penalises Singaporean bank branch S$1m for fraud, terrorism failures
The Monetary Authority of Singapore (MAS) has imposed a penalty of S$1m on a Singapore-based bank branch for not complying with its anti-money laundering and terrorism financing acts.
Nelo snares $3m to expand ‘buy now, pay later’ market in Mexico
Mexico City-based firm Nelo has raised $3 million from a seed funding round to expand the use of the buy now pay later platform...
Goldman Sachs empowers Starling Bank with £50m injection
Goldman Sachs’ Growth Equity has invested £50m into the UK’s leading digital bank Starling.
Nexi, Fiskl collaborate to bolster open banking services
FinTech mobile platform Fiskl has partnered with PayTech leader Nexi to bolster the latter’s open banking offering.
JP Morgan taps blockchain for improving money transfers
Investment bank and financial services juggernaut JP Morgan has revealed it is using blockchain technology to improve money transfers between banks globally.
Coverflex said to raise €5m in its pre-seed round
Coverflex, which helps companies offer compensation to employees, has reportedly collected €5m in its pre-seed funding round.
N26 enters the insurance space with launch of new product
German challenger bank N26 has entered the insurance space, with customers now able to buy cover, manage plans and initiate claims.
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