Tag: Banking

UK FinTech Lanistar has secured Financial Conduct Authority (FCA) approval to operate as an Electronic Money Directive (EMD) agent of payments business Modulr.

Virgin Money has partnered with FinTech company Trade Ledger to deliver a quicker, more user-friendly experience for business customers applying for lending.

Rho Technologies, the parent company of Rho Business Banking, has bagged $100m in debt financing to support its strategic initiatives.

FypMoney App has reportedly collected $2m in a seed funding round, which will help it deepen its product development.

The Australian Prudential Regulation Authority (APRA) has issued a draft practice guide to banks, superannuation trustees and insures on managing climate-linked financial risks.

Research by mobile analytics platform App Annie has discovered mobile FinTech apps outperformed banks by a factor of up to 10.8x during the COVID-19 pandemic.

A top financial regulator from Florida is hoping to modernize the state’s policy stance on cryptocurrencies, banking and securities to become more competitive.

Nationwide Building Society has started issuing ‘dot and notch’ embossed and recycled bank cards for its blind customers.

StashFin, a neo banking platform based in Singapore, has extended its Series B round by $40m as it looks to capitalise on the potential $1trn neo banking market in South Asia.

Brazil-based Cora, which provides self-employed individuals with a digital banking platform, has scored $26.7m in its Series A round.