WealthTech

fintech-news

YieldStreet scores $113m in credit and equity

YieldStreet, an alternative investment platform, has scored $113m in its latest round, which was made of equity and a credit facility.

Personal finance platform Shenzhen Suishou closes KKR deal

Shenzhen Suishou Technology has closed its?Series C funding round from buyout giant KKR.KKR joins Sequoia, Fosun Group and Source Code Capital as investors in...

NewAlpha seals ?56m close of France-focused FinTech fund

NewAlpha Asset Management has a closed ?56m vehicle, which it claims is the first venture capital fund solely dedicated to French FinTech investments.

AdvisorEngine picks up $20m for wealth management platform

Digital wealth management platform Vanare has raised $20m in a Series A round. The financing comes in the form of a strategic investment by WisdomTree Investments.

Stash swipes $9.25m for investment app

Investment app Stash has raised $9.25m in a Series A round of funding to accelerate user growth and build out its technology platform.
Oportun secures $150m loan to boost digital banking

Oportun secures $150m loan to boost digital banking

Oportun Financial Corporation has closed a $150m senior secured term loan to drive its mission-driven FinTech and digital banking platform.

Crypto investing service Elwood Technologies bags $70m

Elwood Technologies, which offers institutional-grade access to digital markets, has scored $70m in its Series A round.

iCapital Network hits $6bn valuation hot off heels of former round

iCapital Network, which is boosting access and efficiency in alternative investing industries, has scored $50m in fresh funding, which brings its valuation to $6bn.

Atom Bank records ?36m operating loss as it continues mission to profitability

UK challenger bank Atom Bank reportedly experienced an operating loss of ?36m in the financial year ending March 2021, down from ?46m in the previous year.

Metro Bank introduces new invoicing features to its mobile app

Metro Bank has launched a new invoicing technology aimed at reducing bottlenecks on its mobile application.

News Stories

Green Dot Corporation, a digital bank and FinTech renowned for its seamless banking and payment solutions, has appointed Renata Caine as the General Manager of Banking as a Service (BaaS).

Green Dot appoints Renata Caine to lead BaaS

Green Dot Corporation, a digital bank and FinTech renowned for its seamless banking and payment solutions, has appointed Renata Caine as the General Manager of Banking as a Service (BaaS).
Mastercard and VoPay have announced a strategic partnership to enhance money movement in Canada and internationally.

Mastercard and VoPay partner to revolutionise money movement in Canada

Mastercard and VoPay have announced a strategic partnership to enhance money movement in Canada and internationally. The partnership is driven by the growing demand for...

Is gender diversity on UK FinTech boards falling short?

A newly published report by EY and Innovate Finance, titled Setting the pace or keeping up – are FinTech boards future-fit?, offers a crucial examination of the state of UK FinTech boards.
shell

Moody’s reveals high risk of financial crime through mass shell company registrations

Moody’s research has identified alarming patterns of mass registrations of shell companies, signalling heightened risks of financial crime.
HDI Global, an industrial insurer renowned for its long-term partnerships with large industrial clients globally, is extending its services to the mid-market segment.

HDI Global aims to extend services to mid-market segment

HDI Global, an industrial insurer renowned for its long-term partnerships with large industrial clients globally, is extending its services to the mid-market segment. With a...

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