Aldermore Bank joins parliamentary group for neobanks
Neobank Aldermore Bank has joined the Challenger Banks and Building Societies Group, a parliamentary group promoting fair competition and encouraging diversity of service.
Revolut is expanding Revolut Junior so more adults can control children’s finances
Revolut has added the option for a second parent to supervise children's Revolut Junior accounts.
True Balance said to raise $28m in its Series D round
South Korea-based True Balance has reportedly collected $28m in its Series D round, as it expects to reach profitability next year.
Vennfi nets $2.3m to support the growth of its charity platform
Vennfi, which supports tax-exempt payments, closed a $2.3m seed round to support the development of its charity account services.
Do these 34 FinTech funding rounds suggest Covid-19 influences investment trends?
Fraud-fighting RegTechs and digital payment providers were among the 34 rounds raised by the FinTech industry last week, areas that are becoming more important during the pandemic.
Israel-based OurCrowd scores $60m in capital injection from ORIX
Israel-based Online investment platform OurCrowd has scored $60m through an investment from Japanese financial services group ORIX Corporation.
Starling Bank reaches profitability as it eyes European expansion
UK-based neobank Starling has just cut even and expects to remain profitable as it plans to roll out its services across Europe.
Indian neobank Klear Money is gearing up for a launch
The challenger bank industry is about to become even more crowded with Klear Money reportedly gearing up to launch in India.
WealthTech platform Addepar nets $177m in its new funding round
WealthTech platform Addepar has closed its Series E funding round on $177m, as it looks to deepen its platform capabilities.
Investment platform CAIS secures $50m in its Series B round
Alternative investment platform CAIS has closed its Series B round on $50m, to capitalise on a strong year of growth.
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