China-based Snowball Finance said to close its Series E on $120m
Snowball Finance has reportedly collected $120m in its Series E funding round to upgrade its services.
Solactive secures €50m to support its international expansion
Solactive, a technology-powered supplier of indices and index solutions, has scored €50m as it looks to further its international expansion.
Over 80% of investors are planning to increase allocation to alternatives over next five...
More than four-fifths (84%) of investors are planning to increase their allocation to alternatives over the next five years, according to a new report from AIFMetrics.
Tink adds €85m in investment round extension
Open banking platform Tink has added another €85m to its coffers in a new investment round-extension co-led by new investor Eurazeo Growth and existing investor Dawn Capital.
Gen-Z financial management app Cleo bags $44m Series B round
Funding rounds for FinTechs focusing on younger generations have come in hot and fast lately, with Cleo becoming the latest one to top up its coffers by closing its $44m Series B.
Five new financial institutions join Tech Nation’s FinTech pledge
Atom bank, Co-operative Bank, Nationwide Building Society, TSB and Virgin Money have joined Tech Nation's Fintech Pledge to accelerate the development of the UK's FinTech industry.
FinTech investment in Latin America remains strong as demand for digital financial services grows...
FinTech companies in the region raised over $1.9bn across 128 transactions in the first nine months of 2020. The FinTech industry in Latin America...
Revolut broke even in November but didn’t make a big deal out of it
Revolut's revenues dropped by 40% at the start of the coronavirus crisis, but now the neobank has revealed that it is 50% ahead of its pre-pandemic levels and even broke even in November.
Why neobanks may not be as popular as people think
It's easy to be taken in by the flashy digital offering of challenger banks, but new research suggests that they may not be as popular as people think.
Child-focused banking app gohenry closes $40m round
gohenry, a prepaid card that aims to help children build health financial habits, has collected $40m for its latest funding round.
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