WealthTech

Mode is looking to file an IPO worth £7.5m

UK FinTech Mode is said to be planning to float on the London Stock Exchange, raising £7.5m in the process.

Salaryo secures $5.8m in new round aimed at protecting SMEs struggling from Covid-19

Freelance and startup-focused FinTech Salaryo has bagged $5.8m in a funding round and announce plans to grow into a full digital business banking service.

India-based Groww secures $30m in Series C round

Bangalore-based Groww has closed a $30m Series C financing round led by Y Combinator's growth-stage investment fund YC Continuity.

Starling Bank to launch new Kite card for kids

Starling Bank launching its new Starling Kite accounts for children is the latest example of a neobank trying to catch new customers when they are young.

Zenus Bank puts 2020 launch on hold because of Covid-19

By postponing its launch to 2021, Zenus Bank has joined the number of challenger banks forced to shift their focus because of the coronavirus.

Superhero is bringing Robinhood-style trading to Oz on the back of $8m round

Australian Robinhood-clone Superhero has bagged $8m with the aim to disrupt the nation's online investment industry.

UK FinTech industry stakeholders launch initiative to fight harassment in the sector

The FinTech industry has a problem with harassment, but now the Fintech For All Charter has moved to do something about it.

Another high-level executive leaves Revolut

Barely a month after Revolut's COO left, the challenger bank's head of compliance has now joined the growing list of top executives abandoning the neobank.

FCA boss says more must be done to secure the fund management industry’s survival...

The interim chief executive at the Financial Conduct Authority (FCA) wants to start a dialogue about how to protect the investment fund management industry in the coronavirus aftermath.

23 FinTech rounds raised in the last week

Last week proved a huge win for challenger banks and the Latin American FinTech sector. Check out these funding rounds to find out why.

News Stories

FinTech

Another strong week for FinTechs with 26 deals recorded

FinTech Global reported on another powerful week in the FinTech sector, with a total of $783m raised across 26 deals.   This top performing deal...
FutureMoney launches micro-investing app to help families secure financial future

FutureMoney launches micro-investing app to help families secure financial future

FutureMoney, a FinTech company founded by industry veterans, has launched a new micro-investing platform aimed at helping families build generational wealth.
Camwood and Pentaho team up to enhance data analytics capabilities

Camwood and Pentaho team up to enhance data analytics capabilities

Camwood, a leading IT consultancy specialising in digital evolution through the lens of applications, has partnered with Pentaho, a subsidiary of the Japanese multinational conglomerate Hitachi, to bring its data analytics platform to market via a new managed services offering.
Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary has launched Flight Delay Insurance, a new service available to its customers in the George app.
Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla, a leading U.S.-based account-to-account (A2A) payment solution provider, has announced a strategic collaboration with Visa, a world leader in digital payments.

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