WealthTech

China set to introduce digital yuan by early 2022

The People’s Bank of China (PBOC) has revealed it aims to fully launch the e-CNY digital currency by February 2022.

Indonesia-based digital wallet DANA raises funding

Indonesia-based digital wallet DANA has closed a funding round from Sinar Mas and leading e-Commerce company Lazada Group.

Branch becomes challenger bank

Minneapolis-based personal platform Branch has become a challenger bank.

Monzo bags £85m, as it prepares for new crowdfunding campaign

UK-based challenger bank Monzo has raised £85m in its newest round of funding, ahead of launching a new crowdfunding campaign.

Boubyan unveils mobile-only Islamic bank in UK market

Kuwaiti-based Boubyan Bank has introduced a digital-centric, Sharia-compliant bank in the UK.
WealthTech's digital transformation: The 4 biggest trends shaping the sector

WealthTech’s digital transformation: The 4 biggest trends shaping the sector

WealthTech signifies much more than merely integrating technology into financial planning. At its core, it embodies a pivotal shift that is radically changing the dynamics of wealth management.

Vivid Money sets out to “conquer the European banking market” on the back of...

Vivid Money, the mobile banking platform, has officially launched in Germany with ambitions to grow across the continent.
regulatory

PIMFA advocates for a refresh of the UK’s retail investment market

PIMFA, a significant voice in the WealthTech industry, is urging the UK Government to leverage a 'generational' opportunity to invigorate the UK retail investment market. This call to action comes six months after the introduction of the significant Edinburgh Reforms.

NBA’s Curry-backed Kikoff launches out of stealth with $42m to build credit for millennials...

Kikoff launches out of stealth with $42.5m total funding to help consumers build or rebuild credit and boost the expansion of a complete financial ecosystem for Millennials and GenZ.

TravelPerk collects $21m for its Series B

TravelPerk, a business travel booking and management platform, has collected $21m in a Series B funding round.

News Stories

Over $3bn raised in this week's 29 FinTech funding rounds

Over $3bn raised in this week’s 29 FinTech funding rounds

Over $3bn was raised by FinTech companies this week, supercharged by a colossal €1.5bn raised by UK-based SumUp. 
Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena, a pioneering FinTech company known for its cloud-native, API-led microservices-based multi-product platforms, has appointed Rajesh Mehta to its Growth Advisory Board.
League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League Data and Mambu have embarked on a groundbreaking journey to transform the Canadian financial landscape by introducing advanced cloud banking solutions to credit unions.
Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint, known as the world's most accurate device intelligence platform, is partnering with Oscilar, a leader in AI-driven risk and fraud management.
Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English, an online English-learning platform operating in over 30 countries, and dLocal, a leading cross-border payment platform specializing in high-growth markets, have recently announced a significant partnership.

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