WealthTech

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.

What can FinTechs learn from Revolut’s attempt to hijack a Monzo Twitter thread?

Hijack marketing is not something new, but as one of Revolut’s latest stunts shows, it is not something FinTechs should embark on lightly

Rho Technologies secures $100m in debt from Community Investment Management

Rho Technologies, the parent company of Rho Business Banking, has bagged $100m in debt financing to support its strategic initiatives.

Monzo’s founder and CEO reveals his secrets to success

From the virtues of diversity to daring to break the rules, Monzo’s co-founder and CEO Tom Blomfield has revealed his best tips to achieve success.

Winvesta said to close seed round to support growth of banking and investing app

Global banking and investing app Winvesta has reportedly closed its seed round as it looks to boost its hiring efforts and product development.

48 FinTech funding rounds you missed in the last two weeks

The last two weeks have seen everything from huge $1bn investments rounds to undisclosed seed rounds. Let's check some of them out.

Iceland’s first challenger bank indó launches from stealth

Icelandic FinTech company indó has launched from stealth after the close of its seed round on $4.5m. This is the first challenger bank to emerge...

22 FinTech funding rounds from the last week and what they tell you about...

From challenger banks to stock trading apps, the last week has seen a smattering of both massive funding rounds and smaller seed investments.
German neobank Ruuky files for insolvency

German neobank Ruuky files for insolvency

German neobank Ruuky has filed for insolvency, after it was unable to overcome market dynamics and raise additional funding.

CaixaBank takes its relationship with IBM Services to the next level to boost innovation...

Spanish and Portuguese CaixaBank has signed an agreement with IBM Services to accelerate its hybrid cloud journey and to strengthen the bank's capability to develop innovative and digital-first solutions.

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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