WealthTech

Mobility Capital Finance (MoCaFi), a mobile-first banking platform, has secured an investment from Mastercard, as well as the start of a new partnership with the payments giant.

Nigeria-based ImaliPay has reportedly secured a pre-seed investment to help it accelerate its scaling efforts.

Digital banking solution developer Narmi has bagged $20.4m in its Series A funding round to help community banks and credit unions better compete against megabanks, challenger banks and FinTechs, it claims.

Montreal-based AI and FinTech startup Hardbacon raised $1.1m in funding through equity crowdfunding platform FrontFundr.

UK-based employee benefits platform Ben has reportedly collected $2.5m in funding.

Geneva-based digital bank FlowBank has launched an app that connects users to the global financial markets with the aim to ease the investment process.

In a bid to be in control and manage their finances, almost one in three millennials use online tools to track spending and budget their finances, new study from Zip said.

First Boulevard, a challenger bank aim at Black Americans, has reportedly raised $5m in its seed round.

Consumer expectations are changing and they want to get a better control of their finances and their futures.

After getting federal banking charter last month, cryptocurrency banking company Anchorage raised $80m in a Series C funding round.