Neobank illimity records €31m in net profits for 2020
Italian challenger bank illimity ended 2020 with €31m in net profit, up from €16m in losses in 2019.
Klarna is launching consumer bank accounts in Germany
Swedish FinTech unicorn Klarna has launched consumer bank accounts in Germany.
Global WealthTech funding nearly quadrupled over the last five years after a record 2020...
WealthTech companies globally raised $9.3bn last year across 443 transactions setting a record for both funding and deal activity.
Canada-based Livelii launches $1m crowdfunding campaign
Livelii, a Canadian InsurTech platform that offers affordable health insurance, hopes to raise $1m in a crowdfunding campaign on the FrontFundr platform.
Monzo close to finalising $50m funding round, the third raise since the pandemic began
UK-based challenger bank Monzo is on the brink of closing a $50m funding round, marking the third raise since the pandemic began, according to reports.
Can banks beat neobanks at their own game?
Challenger banks have spent the better part of the last decade turning the banking world on its head, but is there a way for incumbents to bridge the technology divide?
Why Robinhood and the InsurTech industry stand out from the 39 funding rounds raised...
From GameStop chaos to how InsurTechs have benefited from the Covid-19 crisis, this is what you can learn from the 39 FinTech funding rounds of last week.
Environment-focused investing app tickr said to raise £2.5m in funding
tickr, which enables consumers to invest into positive social and environmental change, has reportedly raised £2.5m in a funding round.
EmergeVest backs world’s first neobank targeted at women entrepreneurs
Hong Kong-based private equity firm EmergeVest has invested into Lucy, the world’s first neobank aimed at women entrepreneurs.
After the GameStop backlash: Robinhood removes trading restrictions
Robinhood has removed its restrictions on trading GameStop stocks after facing criticism from users and lawmakers.
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