New IMF report lays down the risks of e-money becoming more popular than physical...
As e-money rises in popularity, a new International Monetary Fund (IMF) report has looked into the rise of cryptocurrencies, e-money and i-money like Facebook’s Libra and what the associated risks to the economy are.
Fondeadora said to close $14m Series A as it pushes to be a full-stack...
Fondeadora, a new challenger bank based in Mexico, has reportedly bagged $14m in its Series A to help with its goal of becoming a full-stack neobank.
Zero Financial bags $16m seed, alongside platform launch
Zero Financial, a mobile banking solution and credit card startups, has pulled in $16m in a round made of debt and equity.
Wagely bags $5.6m strategic funding to grow earned wage access platform
Indonesian FinTech startup Wagely has secured $5.6m in a strategic funding round led by Intergra Partners.
OakNorth closes new funding hot off the heels of its last
UK-based challenger bank OakNorth has secured a further £90m from GIC in exchange for just under 10 per cent of the company. This investment comes...
Challenger bank Penta closes Series B round with €7.5m totalling funding amount to €30m
German challenger bank Penta has topped up its Series B adding an additional €7.5m injection, therefore bringing its total amount raised to €30m.
Anne Boden suggests a failed “coup” led to Tom Blomfield leaving Starling Bank to...
Little has been said about Tom Blomfield and his colleagues’ departure from Starling Bank to launch Monzo in 2015, but a new book may shine some light on the events.
Fintech Galaxy continues financial inclusion goal with seed round close
UAE-based open innovation platform Fintech Galaxy has collected $2m in its seed round to support its goal of boosting financial inclusion in the Middle East and North Africa.
Personal finance education for kids Pigzbe closes ICO on $8.85m hard cap
London-based digital wallet platform Pigzbe has closed its ICO after hitting its $8.85m hardcap.
Challenger bank OakNorth hits profitability in first year
Entrepreneur-focused challenger bank OakNorth is proving just how big an impact these digital-only alternatives could have on traditional banking by breaking even in its first year on the market.
© FinTech Global © Copyright 2024. All rights reserved.
