WealthTech

OakNorth Bank, the UK bank powered by OakNorth, has completed a £5.6m loan to Gallican Investments Limited, which is led by the experienced team behind Dandi.

UK FinTech giant TransferWise has renamed itself to Wise as the company is preparing to go public.

Digital banking platform Varo Bank has netted $63m as it looks to build a range of new banking features for customers.

The EU's financial markets regulator has urged retail investors to be cautious following the GameStop chaos.

The boss of Robinhood has apologised in front of a congressional hearing for the stock-trading app's behaviour amidst the GameStop chaos.

Challenger Bank Monzo and fintech firm TrueLayer have entered into a partnership to protect customers using new payment methods to remit money when gambling.

Social network for investing Public.com has closed its Series D funding round on $220m, which brings its valuation to $1.2bn.

Carefull, a FinTech aimed at helping families and caregivers organise daily financial matters for aging loved ones, has collected $3.2m in its seed round.

Challenger bank Revolut has introduced a QR code payments solution for small businesses.

Financial software development company TrueNorth has collaborated with UK-based Codat with the aim to integrate its API solution for Codat’s FI clients, therefore giving them direct access to a software engineering implementation team.