Tag: Banking
Increasing number of millennials falling victim to fraud scams
Number of millennials falling victim to scams designed to trick people into handing over cash to fraudsters is rising more than any other age group, according to a study from Lloyds Bank.
OneConnect to offer products in Europe through finleap deal
OneConnect, an affiliate of Ping An Insurance, will offer its FinTech software-as-a-service (SaaS) to the European market via finleap in a new partnership.
Bitwala releases mobile-based bitcoin banking app
Bitwala has released bitcoin banking for mobile phones, giving consumers the power to open a German bank account with an integrated bitcoin wallet and trading via their smartphone.
Radius Bank and NorthOne partner to support banking for SMEs
Challenger banks Radius Bank and NorthOne have formed a partnership to support small businesses, freelancers, and startups.
Bond Financial closes $10m seed round led by Canaan
Bond Financial Technologies, which is streamlining the integration between brands and banks, has closed a $10m investment.
Lunar Way raises €26m funding and acquires European banking license
Lunar Way, a Denmark-based challenger bank, has netted €26m in a new funding round and received its European banking licence from the Danish Financial Supervisory Authority.
Retirement software builder Ascensus acquires Beneco for undisclosed amount
Ascensus, which provides retirement savings technology, has acquired Beneco for an undisclosed amount.
ScaleFactor nets $60m in Series C led by Coatue
ScaleFactor, a smart finance and automated accounting platform, has netted $60m in its Series C round led by Coatue.
LSE agrees to $27bn deal for Blackstone-backed Refinitiv
London Stock Exchange Group has agreed to buy Refinitiv in a $27bn deal with a Blackstone-led consortium and Thomas Reuters.
GOP senators pressure banking agencies for more reg relief
A group of Republicans have pushed banking regulators to adjust several regulatory relief proposals and make them more lenient.