WealthTech

Daylight, a neobank tailored to the LGBTQ+ community, has announced its imminent closure. According to CEO Rob Curtis, the company's operations will end on 30 June, a report from TechCrunch claims.

In the fast-paced digital age, traditional financial entities find themselves contending with customer demands for efficient, convenient service similar to what's provided by digital powerhouses like Amazon, Netflix, and Spotify.

Unlimited, which allows investors to access alternative investment strategies without the high costs commonly associated, has bagged $8m.

San Francisco-based FinTech company, Plenty, has made waves as the maiden financial platform aimed at aiding couples in discussing, managing, and investing their finances collectively.  The firm recently garnered a significant $2.75m in a pre-seed capital raise, drawing the interest of heavyweight investors.

Tyme, a leading digital banking group globally recognised for its swift expansion, has successfully secured a funding round of $77.8m.

Onyx Private, a digital bank dedicated to high-earning Millennials and Gen Zers, has successfully attracted an impressive $4.1m funding round.

Kiwi, a Latino-founded FinTech entity, aims to propel the financial literacy of consumers, whilst enabling credit history development.

PYOR (Power Your Own Research), a firm focused on the provision of high-fidelity data and insights for the assets industry, has raised $4m in...

Glovo, the Barcelona-founded global technology platform, recently hosted the Glovo Ukraine Startup Lab competition in partnership with the Ukrainian Startup Fund.

Plinqit, renowned for its innovative platform that melds automated savings, insightful financial wellness content and virtual account management, has announced a promising partnership with Sonata Bank.