AOC calls for hearing into why Robinhood locked users out from GameStop trading
Democratic representative Alexandria Ocasio-Cortez has called for an inquiry into why Robinhood shut users out of trading GameStop stocks.
Milo secures $6m in seed capital
Digital banking and lending startup Milo has netted $6m in seed funding to grow its team and boost innovation.
Stilt nabs $100m in warehouse facility to support US immigrants
Stilt, which provides financial services to immigrants in the US, has raised a $100m warehouse facility from Silicon Valley Bank.
Token secures $15m in Series B raise
Open banking platform Token has secured $15m in a Series B raise to fuel the continued growth of the startup.
Albert raises £100m in new funding
FinTech Albert has secured $100m in a funding round led by General Atlantic.
Robinhood goes down amidst GameStop trading chaos
Stock-trading app Robinhood went down for some users during Wednesday amidst the trading chaos surrounding GameStop, according to a Motherboard report.
Six trends in digital wealth management for the next decade
Digitalisation in wealth management has rapidly accelerated over the past few years, but there are six key areas firms should be focusing their efforts.
Goalsetter scores $3.9m in its oversubscribed seed round
Goalsetter, which provides educational tools to help kids and teens better understand banking, has closed its seed round on $3.9m.
Saudi Arabia-based Hakbah bags $1.2m investment
Saudi Arabia-based savings platform Hakbah has netted $1.2m in its seed round to further its growth.
Remagine exits stealth on the back of $24m seed raise
German financing platform Remagine has exited stealth on the back of a $24m seed round and already has 20 clients.