CMA blocks FNZ and GBST merger because of antitrust concerns
The UK's markets watchdog has halted the merger between investment platforms FNZ and GBST because of competition concerns.
Neobank Tenth is a new digital bank for black Americans
The challenger bank Tenth is looking to tap into the estimated $1.4trn spent by Black citizens in the US.
HSBC to compete with Transferwise and Revolut with new service
HSBC is launching a new account that is taking a page out of Transferwise and Revolut's playbooks by enabling customers to make international transactions without paying any fees.
Neobank for women entrepreneurs Lucy reportedly closes pre-seed round
Lucy, which is a neo bank designed aimed at women, has reportedly raised SGD 500,000 ($360,000) in a pre-seed funding round.
Neobank Vivid Money bags $17.6m in Series A
Vivid Money has raised $17.6m in a Series A round led by Ribbit Capital and aimed at boosting the challenger bank's growth.
Global cloud billing market to be worth $6.5bn by 2025
The global cloud billing market is expected to grow from being worth $3bn in 2020 to reaching a value of $6.5bn in the next five years, according to new research.
Tink has completed the acquisition of Eurobits
Swedish FinTech Tink has completed its acquisition of the Spanish account aggregation provider Eurobits Technologies.
Child-focused neobank Strive launches waitlist
Challenger bank Strive has launched a waitlist for its solutions targeting children.
UK FinTech Curve opens New York office ahead of its planned autumn US launch
The British all-cards-in-one solution provider Curve is planning to go across the pond in the fall and has taken a clear step towards it with the opening of its first US office.
What can the WealthTech industry do to get out of the Covid-19 funk?
The coronavirus crisis has put a lot of strain on the WealthTech sector, but maybe there are some things it can do to survive the pandemic.
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