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 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.
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.