WealthTech

FinTech companies continue to make waves as the last week witnessed a slew of heavyweights scoring millions of dollars with headlines being filled with decacorns and unicorns alike.

Insurance company Novidea has appointed Jamie McDonnell to the role of UK sales manager.

French FinTech startup Vybe has raised $2.9m from a funding round to build a challenger bank service for teenagers.

UK challenger Atom Bank has established a £40m fund raise at 60p-a-share, which is just under half the price it raised equity in in 2019.

Stock investment platform Groww’s latest $83m Series D round catapulted it into the unicorn club.

UK-based buy now pay later (BNPL) FinTech firm Zilch introduced a ‘tap and pay-over-time’ solution which enables high street shoppers to make in-store purchases and pay later.

Swiss challenger bank Alpian closed a $18m Series B round, less than a year after its $13.6m Series A round.

Nationwide Building Society has started issuing ‘dot and notch’ embossed and recycled bank cards for its blind customers.

Open banking platform Plaid hauled in a massive $425m Series D funding round led by Altimeter Capital with participation from new investors Silver Lake and Ribbit Capital, pushing the firm’s valuation to $13.4bn.

After the Easter long weekend, 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.