JP Morgan buys robo-advisor Nutmeg to spearhead UK retail banking expansion
JP Morgan Chase has bought British digital wealth manager Nutmeg as part of the US bank's expansion into the UK retail banking and investment market.
German open banking firm Finleap Connect bags €22m Series A
Open banking platform Finleap Connect has secured €22m from a Series A funding round led by SBI Investment.
Mastercard study identifies UK, Nordics as best placed for open banking boom
A study conducted across ten European countries by Mastercard has found the UK and the Nordics are the most well-suited for the growth of open banking across the continent.
Telr launches BNPL platform following tabby partnership
Dubai-based payments gateway company Telr introduced a buy now, pay later (BNPL) solution after entering a partnership with compatriot BNPL firm tabby.
Robinhood, CRED-backed teen focused neobank FamPay cashes in $38m from Elevation, Sequoia Capital
Teen-focused fintech startup FamPay raised $38m in a Series A funding round, led by Elevation Capital and major participation from existing investor Sequoia Capital India.
Guideline collects $200m in round led by General Atlantic
Guideline, which designs affordable retirement plan solutions for small and medium-sized businesses, has bagged $200m in funding.
FinTech B9 secures $1.7m funding to tackle unbanked issues
US FinTech startup B9 has raised $1.7m from a pre-seed funding round to help provide interest-free payroll advances for unbanked people.
ECB: Digital euro will be a complement to cash, not a replacement
European Central Bank (ECB) executive board member Fabio Panetta has claimed that despite the growth in digital currency, there is still a huge demand for physical cash.
Pension provider Collegia snares £500k in funding prior to full launch
UK-based pension provider Collegia has secured £500k in funding ahead of its launch in the UK later this month.
Wagely bags $5.6m strategic funding to grow earned wage access platform
Indonesian FinTech startup Wagely has secured $5.6m in a strategic funding round led by Intergra Partners.
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