Personal Finance

Caxton Payments has acquired nimbl, a pocket money app and card, enabling the firm to expand its own offering of youth money apps and cards.

Hakbah, a Saudi Arabia-based FinTech savings platform, has secured $2m in its pre-Series A funding round, as it looks to bolster its presence in the country.

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

Filipino FinTech startup Advance, which helps employees get early access to their salary, has raised $16m in its pre-Series A funding round.

Bink, a FinTech company focused on customer loyalty, has reportedly raised £9m in a fresh funding round.

FinGoal, an Insights platform focused on personalisation in banking, has secured an investment from Naples Technology Ventures.

A study by Allica Bank has found plans by the UK PRA to change bank capital rules could put £44bn of SME lending at risk.

Masttro, a WealthTech firm that manages the wealth of ultra-high-net-worth families, has raised $43m in a growth equity investment.

Brazilian FinTech company Blipay, which aims to improve financial services experiences, has reportedly raised $6.7m in a debt financing round.

The financial literacy gap is still a major issue globally. While the market has seen the proliferation of FinTech companies looking to fix the problem, should schools be the place where children learn about investing or other financial services?