WealthTech

Singapore-based FinTech Atlantis is launching a challenger bank in India in order to tap into the global $15.7bn millennial banking industry.

Yotta Savings, a mobile app where saving money gives people the chance of winning $10m, has reportedly closed a funding round on $3.3m.

Little has been said about Tom Blomfield and his colleagues’ departure from Starling Bank to launch Monzo in 2015, but a new book may shine some light on the events.

Influencer and Mastercard-backed FinTech Lanistar is not allowed to operate in the UK, the Financial Conduct Authority has warned.

Revolut's revenues dropped by 40% at the start of the coronavirus crisis, but now the neobank has revealed that it is 50% ahead of its pre-pandemic levels and even broke even in November.

Portugal's largest bank Caixa Geral de Depósitos has inked a partnership with Backbase to create new digital banking channels across all its business lines and achieve a seamless customer experience, starting with SME customers.

Environmentally friendly FinTech platform Aspiration has reportedly netted $50m in a new funding round.

Singapore-based challenger bank Aspire has launched a new feature to help startup founders set up shop in the country.

San Francisco-based FinTech Plaid, co-founded by Zach Perret and William Hockey, is raising $600m in new funding and will reportedly be valued at as much as $15bn, according to The Information.

India-based Stockal, which offers retail investment services, has reportedly collected $3m in funding to help it reach its target of hitting $1bn assets under management.