US FinTech GloriFi to go public
US FinTech GloriFi, which aims to empower its members to “put their money where their values are”, has entered into an agreement to become a publicly traded company through a merger with special purpose acquisition company (SPAC) DHC Acquisition Corp.
Tellimer launches insights platform Scriber for investors
Tellimer, a global technology, information and data provider, has launched Scriber, a financial research and insights platform designed for independent analysts, traders, investors, subject matter experts and financial commentators.
IDEAL lands funding to make mortgage applications “as easy as ordering lunch”
Jakarta-based digital mortgage platform IDEAL has raised $3.8m in a pre-seed funding round.
Pogo secures $14.8m to empower consumers to benefit from their data
Pogo, a New York-based financial health app empowering consumers to harness their data for their own benefit, has raised $14.8m in funding.
Wealth Wizards continues mission improve financial wellbeing in UK with new tool
Financial adviser Wealth Wizards has continued its mission of improving financial wellbeing in the UK with the launch of its Master Trusts solution.
Bank Islam Malaysia Berhad launches digital banking app
Bank Islam Malaysia Berhad has launched a fully cloud-native digital banking platform, Be U.
How FNZ is improving the foundations of a three lines of defence model
It is no secret that regulators around the world are becoming increasingly tougher on financial services companies. There is an unrelenting level of regulation being drafted and fines are hitting eyewatering sums. A report from Finbold pegged fines for non-compliance with AML, KYC and data privacy regulations at a total of €12bn in 2020.
Europe’s first social trading app closes $40m round after successful UK launch
Shares, which claims to be Europe’s first social and community-based investing app, has closed its Series B on $40m, just months after its UK launch.
72% of consumers interested in ‘super app’
Nearly three-quarters (72%) of consumers are interested in a ‘super app’ that acts as a one-stop-shop for most of their needs, according to a report from PYMNTS and PayPal.
InvestCloud to help Dutch bank Rabobank improve digital financial planning
Digital transformation platform InvestCloud will help Netherlands-based bank Rabobank provide its customers, both private and retail clients, with digital financial planning tools.