WealthTech

Ex-Monzo executives, Joss Tasker and Alex Fox, have marked the inception of their latest FinTech venture, Sync Savings. The dynamic duo is setting out to address challenges faced by the UK's cash savings sector, a market that has been in need of innovation for a considerable period.

Denmark's 100% digital bank, Lunar, has decided to offer positive interest rates on all types of accounts without any demands for tying up the funds.

Translucent, a platform tailoring solutions for multi-entity and multi-national businesses, has garnered a substantial €5.9m seed round.

The European Investment Fund (EIF) has agreed to facilitate more than €40m to SME Finance, as part of the InvestEU programme.

Velo Payments has announced that it has purchased YapStone, as both companies aim to deliver a seamless global payment experience.

Turkish FinTech Colendi has revealed that it has gained approval to launch the nation's first digital bank.

The Savings Banks Group Finland announced its collaboration with Tietoevry as it looks to bolster its lending platform

Mastercard has launched a new partnership program designed to explore the benefits and limitations of central bank digital currencies.

Canto, a frontrunner in DAM, has acquired MerlinOne, an innovative DAM firm specialising in AI-centric solutions.

Comerica Bank has unveiled a new package of solutions aimed at assisting small businesses and business banking customers.