What Nubank and Klarna’s colossal rounds from last week reveal about the FinTech industry
While Nubank’s massive Series G round and Klarna's $40bn valuation may have secured the most headlines last week, CyberTech and cryptocurrency ventures bagged the most capital injections.
Klarna’s new app introduces social shopping to UK consumers
Klarna's latest app update is aimed at elevating the shopping experience for its UK customers to offer them more flexibility, control and personalisation while shopping online.
Lloyds Banking Group backs loyalty card platform Bink
Lloyds Banking Group has reportedly invested into Bink, a digital loyalty card, taking a minority stake in the business.
Smart money app Plum is UK’s fastest growing FinTech
Smart money app Plum has been ranked as the fastest growing FinTech company in the UK and the fifth in the technology space.
Ascensus acquires employee benefits firm Nyhart
Retirement software developer Ascensus has acquired employee benefits consulting firm Nyhart for an undisclosed amount.
India unveils new digital currency, Nigeria eyes e-currency launch in October 2021
India has introduced the e-RUPI, which is a cashless and contactless digital payment system to support the global shift towards digital payments.
FinTech Timeline clinches £10m Series B funding
Timeline, an end-to-end financial planning platform, has proudly announced its recent accomplishments in the finance industry.
IntellectEU launches AI platform to bolster wealth management personalisation
Belgian IT company IntellectEU has introduced VELMA, an AI platform that allows financial advisors to offer ‘hyper-personalisation’ in the wealth management sector.
Millennial retirement planning app Vantik bags €800,000 pre-seed round
Germany-based Vantik, a retirement planning platform for millennials, has closed its pre-seed round on €800,000.
Revolut partners with the Trussell Trust foodbank network during the coronavirus crisis
Challenger bank Revolut has parnered with the Trussell Trust food bank network to support emergency food needs around the UK.
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