After the GameStop backlash: Robinhood removes trading restrictions
Robinhood has removed its restrictions on trading GameStop stocks after facing criticism from users and lawmakers.
Moneyfarm secures £40m investment led by Allianz
Wealth management platform Moneyfarm has secured £40m in its latest funding round, which was led by Allianz Asset Management.
Credit card issuer Power rockets out of stealth with $316m
Power, a FinTech that has launched a full-stack credit card issuance platform, has bagged $316.1m after a $300m credit facility and $16.1m in seed funding.
Stock trading platform BUX closes ?10.6m Series C
Stock trading platform BUX closes ?10.6m Series C funding round led by HV Holtzbrinck Ventures.
Citi and Navan collaborate to transform travel and expense management for CCB cardholders
Citi and Navan have unveiled a groundbreaking collaboration, introducing a new, jointly branded travel and expense system designed specifically for Citi Commercial Bank (CCB) cardholders.
Acorns closes funding from TPG’s Rise Fund
Acorns, a micro-investing app, has closed an undisclosed round of funding from TPG global investment fund.
Pro skater Tony Hawk and The Chainsmokers join the Series C round of Public.com
Public.com, which claims to be the investing social network, has scored $65m in its Series C round, coming less than a year after its Series B.
What last week’s 31 FinTech investments means for the PayTech sector
Out of the 33 FinTech funding rounds we reported on last week, PayTech companies and lending enterprises were the clear winners.
Global WealthTech investment bounced back in Q3 to hit highest level in 12 months
WealthTech companies raised $2.8bn in the third quarter of 2020 across 111 transactions, a five-quarter high for deal activity.
28% of self-employed workers in the UK struggle to access financial services
Over a quarter (28%) of self-employed workers in the UK struggle to access the financial services they require, according to research from open banking platform Tink.
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