European open banking report reveals huge growth potential for the sector
A report by open banking firm Yolt Technology Services (YTS) has found that up to 40% of banking customers across the continent are not currently using an open banking solution.
Halo eyes protective investment market disruption with strong Series C
Protective investment firm Halo Investing claims it has raised over $100m in Series C funding to simplify investor access to investments.
Crypto financial platform Celsius Network hits $3bn valuation
Cryptocurrency earning and borrowing platform Celsius Network hits a $3bn valuation following the close of a $400m investment.
Standard Chartered pumps $500m into Atome to fuel BNPL rollout in Asian markets
Standard Chartered has inked a 10-year partnership with Atome Financial to help the company introduce its buy now, pay later (BNPL) service in select Asian markets.
Personal finance specialist NerdWallet files for an IPO
NerdWallet, a provider of financial guidance to consumers through a range of different tools, is set to go public after it filed an IPO.
Banks target more FinTech acquisitions, partnerships to boost market standing
A report by Lloyds Bank has found more UK banks are targeting collaboration and acquisitions with FinTech firms to strengthen their position in the growing market.
Only one in five consumers feel their bank values them as a customer
Recent research by marketing firm Ello has found only one in five consumers believe that their bank values them as a customer.
Mono secures $15m on its mission to help consumers in Africa link financial accounts
Nigeria-based Mono, which helps consumers connect their financial accounts in a single place, has raised $15m in its Series A.
CBDCs to create ‘inevitable changes’ to payments landscape, McKinsey warns
A report by McKinsey has outlined the key challenges financial companies facing from the rise of central bank digital currencies (CBDCs).
Finclusion brings financial inclusion to sub-Saharan Africa through $20m investment
Finclusion Group, which aims to boost financial inclusion in sub-Saharan Africa, has reportedly secured $20m to support enterprise development in the region.
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