Startup-focused challenger bank Mercury raises $20m in Series A funding round
Having only launched in April 2019, challenger bank Mercury has already raised a $20m Series A round to fuel its growth as it aims to support tech startups.
Scalable Capital offers new fixed-term deposits opportunities through Raisin deal
Digital wealth management company Scalable Capital will expand its product range with fixed-term deposits through new collaboration with Raisin.
Pluang scores $3m in its Series A
Pluang, an Indonesian company democratizing access to financial products in the country, has raised $3m in Series A funding.
Brexit delays UK’s Financial Conduct Authority’s fact-finding mission about the wholesale market
The UK’s ongoing divorce negotiations with the EU have caused the Financial Conduct Authority (FCA) to postpone work about the risks of using data in the wholesale market.
Klarna signs partnership with retailer boohoo group to scale in UK and US markets
Hot on the heels of the news that it has become Europe’s biggest FinTech unicorn, Klarna is gearing up for further growth with a new partnership.
Investment Association names 5 FinTechs to make its Velocity
The Investment Association (IA) has named the five FinTech companies to make the second cohort of its Velocity accelerator.
AlgoTrader, Avaloq partner to support digital asset management ecosystem
Algorithmic trading software AlgoTrader and core banking software developer Avaloq have teamed up to build a global digital asset management ecosystem.
Trade Republic Bank closes €10m in Series A to support European expansion
Trade Republic Bank, a mobile-only and commission-free broker, has collected €10m in its Series A round which will support its European expansion efforts.
SellersFunding has begun to lend to e-commerce startups in Canada and the UK
New York-based SellersFunding is expanding its data-driven alternative lending platform’s offerings to SMEs in Canada and Britain.
Smarterly launches second crowdfunding campaign with £2m goal
Smarterly, a robo-investing platform, has launched its second crowdfunding campaign with a goal of £2m.
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