Personal finance app Oval Money nets £1.3m in funding
Personal finance platform Oval Money has netted £1.3m in a funding round made up of equity and crowdfunding contributions.
Tide names first non-executive chairs and hints of upcoming Series C
FinTech Tide has named Donald Brydon as its first independent non-executive chair at the same time as the London-based startup hints of an upcoming Series C round.
Deutsche Bank buys 12.5% stake in TrustBills
Troubled German banking giant Deutsche Bank is making an investment in the FinTech space and taking a 12.5% stake in trade receivables marketplace TrustBills.
PropTech scaleup BrickVest gives BEOS employees the chance to invest in deals
London-based online real estate investment platform BrickVest has launched its second employee participation fund in partnership with BEOS, the German commercial property specialist.
Investment app Robinhood could hit $8bn valuation through new funding round – report
VC-backed retail brokerage platform Robinhood Markets is set for a valuation of up to $8bn thanks to a new funding round, it is understood.
Frost Bank improves customer experience with Atomic direct deposit switch
Frost Bank, a San Antonio-based firm, is set to incorporate Atomic into its operations to enable it to improve its customer satisfaction rates and make banking more accessible for all.
Meniga receives license from Financial Conduct Authority
Meniga, which helps consumers improve their financial lives, has successfully registered as an Account Information Service Provider by the UK’s Financial Conduct Authority (FCA).
UK FinTech Tide adds accrual-based accounting to platform
UK-Based FinTech Tide has added an accrual-based accounting tool to its digital business finance platform.
Edquity collects $2.4m in funding as it continues growth across US colleges
Edquity, a student financial support platform, has collected $2.4m in its seed round which will extend its emergency cash grant and social services referral technology.
Why wealth management firms must integrate a holistic approach in today’s digital era
As the world treads towards digitalisation, wealth management firms must keep pace with changing technologies by preparing their operations for the digital age.