Acorns acquires GoHenry to deliver financial wellness to the whole family
Acorns, a saving and investing app for everyday people, has acquired GoHenry and its European arm Pixpay.
Neobank insha bags €2.5m in seed funding round
insha, the Islamic challenger bank that boasts about offering an “account with principles”, has secured €2.5m in a new investment round.
WealthTech100 company Avaloq extends Deutsche Bank deal
WealthTech100 company Avaloq has extended its partnership with Deutsche Bank until the end of 2028.
Robinhood pulls the plug on its UK expansion to focus on the US market
Just days after announcing a massive expansion of its Series F round, stocktrading platform Robinhood has scrapped its expansion in the UK.
Ratehub scores $12m Series A led by Elephant
Canada-based Ratehub has scored $12m in its Series A round led by venture capital firm Elephant.
Why wealth managers need to focus on the young investor
Wealth managers typically focus on older people, as that is where the money is. However, young investors hold the wealth of tomorrow and capturing them early will stop them going elsewhere.
Huawei launches mobile payments with Curve
Chinese giant Huawei has partnered with “financial super app” Curve to launch Curve Pay so Huawei customers can now make mobile payments via a digital wallet, a report by Finextra has revealed.
How payment companies struck gold among the 51 rounds raised last week
Our weekly roundup of the big FinTech trends from the past seven days is all you need to keep yourself updated on what’s happening in the industry.
HKMA gives four banks a digital banking licence
The Hong Kong Monetary Authority (HKMA) has granted four virtual banking licences under its Banking Ordinance.
Brightside closes $35.1m Series A to support growth
Brightside, a financial care platform, has closed its Series A round on $35.1, to support the growth of its customer base.
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