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Mondo plans to raise $19m to $26m for full banking licence

UK challenger bank Mondo plans to raise a further £15m ($19.4m) to £20m ($26m) as it seeks to have the restrictions on its newly awarded banking licence lifted.

Pillar secures funding to improve access to credit

UK-based Pillar has raised €15.6m to tackle credit access problems experiences by immigrants.
Acorns-acquired-GoHenry-to-deliver-financial-wellness-to-the-whole-familiy

Acorns acquires GoHenry to deliver financial wellness to the whole family

Acorns, a saving and investing app for everyday people, has acquired GoHenry and its European arm Pixpay.
fintech-news

Juvo partners with Tune Talk making first deployment in Malaysia

Mobile identity scoring platform Juvo has partnered with Malaysia-based mobile virtual network operator Tune Talk.

Gen Z-focused personal finance app wajve closes €5m seed round

Berlin-based wajve closes its seed round on €5m, as it looks to help Gen Z better manage their finances.

Pakistan-based Abhi said to reach $90m valuation

Pakistan-based FinTech company Abhi has reportedly raised $17m in its Series A funding round, which values the company at $90m.

pingNpay eyes 2022 launch for global retail micropayments network

pingNpay, a global micropayment network supported by blockchain technology, has revealed it intends to make its network operational by 2022.

Rapyd secures $300m in Series D raise

A little over a year since Rapyd achieved its unicorn status, the Mountain View-based FinTech has now raised a $300m Series D financing round to leverage the growing demand for its services.

Starling Bank in hot waters after having only lent 1% of the total amount...

When Starling Bank was granted funding from Royal Bank of Scotland, the challenger bank promised to lend £913m to SMEs by 2023.

Subscription-based FinTech Monarch banks $4.8m to help consumers manage their financial lives

Monarch, a subscription-based platform that aims to help consumers plan and manage their financials, has raised $4.8m in seed funding led by Accel.

News Stories

CUBE

CUBE bolsters reach with Thomson Reuters Regulatory Intelligence acquisition

CUBE, a leading provider of ARI and RCM, has acquired Thomson Reuters Regulatory Intelligence and Oden products and businesses.
Assurant has announced the launch of a new solution designed to address the growing need for specialised tech support solutions tailored for residents in multifamily housing complexes.

Assurant launches insurance tech support product

Assurant has announced the launch of a new solution designed to address the growing need for specialised tech support solutions tailored for residents in multifamily housing complexes.
Workiva

Workiva and ERM unite to drive sustainable business practices

ERM, the largest global specialist sustainability consultancy, has recently announced a strategic partnership with Workiva.
Basel

Basel Committee highlights rising risks from finance digitalisation in new report

The Basel Committee on Banking Supervision has released a comprehensive report analysing the impact of ongoing digitalisation on the finance sector, particularly focusing on banks and supervision.
InsurTech leader Kalepa is set to leverage its award-winning Copilot underwriting platform to enhance risk analysis, critical submission management capabilities, and document ingestion for Munich Re Specialty – North America.

Munich Re Specialty – North America to deploy Kalepa’s Copilot underwriting platform

InsurTech leader Kalepa is set to leverage its award-winning Copilot underwriting platform to enhance risk analysis, critical submission management capabilities, and document ingestion for Munich Re Specialty – North America.

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