Total BaaS revenue to exceed $38bn by 2027
The total banking-as-a-service (BaaS) platform revenue will exceed $38bn by 2027, rising from $11bn in 2022, according to a report from Juniper Research.
Frost gears up for growth with £1.1m funding
Frost, an e-money institution helping people take back control over their finances, has raised a total £1.1m in funding and named Andrew Jennings as CSO.
3Commas scores $37m for automated crypto trading bot platform
3Commas, an automated crypto trading bot investment platform, has collected $37m in its Series B funding round.
How the Queen’s passing will change currency in the Commonwealth
The recent passing of Queen Elizabeth II represents not only the end of an era, but the changing of the guard when it comes...
eToro gets approval to operate as broker in Abu Dhabi
Social investing network eToro has received an ‘In-Principle Approval’ to operate as a securities, derivatives and crypto broker in Abu Dhabi.
InvestTech Jacobi snares $10m in Series A haul
Jacobi, an investment technology company, has secured $10m in a Series A round headed by Queensland Investment Corporation.
Women-led impact platform CNote raises $7.5m
CNote, a women-led impact platform on a mission to close the wealth gap, has raised $7.25m in its oversubscribed Series A round.
FinTech investment comes roaring back with 46 deals this week
Following three weeks of relatively modest investment in the FinTech sector, this week saw almost 50 deals reported on by FinTech Global in a red-letter week for capital.
Investing app Hedgehog exceeds crowdfunding target
?Hedgehog, an investing app that integrates with blockchain, has exceeded the target of its crowdfunding campaign. The company has raised ?1.1m, so far
Allocations raises $5m for its SPV software
Allocations, which helps build special purpose vehicles (SPVs) and funds instantly, has reportedly hit a $150m valuation after the close of its $5m round.
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