UK bank Lloyds has continued its programme of making employees redundant as it moves towards modernising the company.
Covalent, which aims to bring transparency to blockchain, has reportedly raised $3.1m in its latest funding round.
UK FinTech Mode is said to be planning to float on the London Stock Exchange, raising £7.5m in the process.
Biometric-enabled payment company Zwipe has raised NOK96m ($10.63m) in a post-IPO round to fuel the further development of its service well into 2021.
Company News
MarketFinance secures £50m in loan investment to help businesses struggling due to Covid-19
London-based MarketFinance has secured a £50m loan investment from Israeli asset manager Viola Credit to help UK businesses struggling because of the pandemic.
California and Vietnam-based FinTech company Fvndit has secured $30m in a round led by Accial Capital and Variant Investments.
Freelance and startup-focused FinTech Salaryo has bagged $5.8m in a funding round and announce plans to grow into a full digital business banking service.
Bangalore-based Groww has closed a $30m Series C financing round led by Y Combinator's growth-stage investment fund YC Continuity.
Sumsub, an identity verification platform, has bagged $6m in a Series A round led by financial trading software provider MetaQuotes.
Having joined the unicorn club earlier this year, cybersecurity venture Snyk has added another $200m to its coffers in a new funding round.
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