Tag: COVID-19

PayPal and Visa expand Instant Transfer to give businesses instant access...

Payment giants PayPal and Visa have expanded their Instant Transfer service to speed up the process needed for businesses and people to access transferred funds.

Salaryo secures $5.8m in new round aimed at protecting SMEs struggling...

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.

Millennial-focused InsurTech Urban Jungle has raised another £1.6m

London-based Urban Jungle has secured £1.6m from both new and existing investors after having been forced to close a previous round early due to Covid-19.

Half of FinTechs sceptical about launching in the UK because of...

New research shows that 50% of FinTech executives are sceptical about launching in the UK because of Brexit.

What’s the biggest challenge facing RegTechs during lockdown?

While social distancing rules may be easing in some regions of the world, other countries are contemplating reinstating lockdowns. So what does that mean for RegTech companies?

FCA boss says more must be done to secure the fund...

The interim chief executive at the Financial Conduct Authority (FCA) wants to start a dialogue about how to protect the investment fund management industry in the coronavirus aftermath.

Starling Bank introduces new fees after doubling its losses in the...

Starling Bank is "really sorry" if customers are unhappy with its new fees, introduced just weeks after the neobank revealed its losses had doubled in the last year.

Tandem scraps its credit card and suffers down round whilst eyeing...

UK challenger bank Tandem is getting rid of its credit card line since it proved too costly and will now pivot towards homeowner financing after potentially having suffered a down round.

ESMA report says financial markets remain “fragile” because of Covid-19

The European Securities and Markets Authority (ESMA) has issued a new report on the impact of the pandemic, saying that the environment "remains fragile."

Struggling neobank Monzo adds fees for taking out cash and getting...

After having doubled its losses in the last year, challenger bank Monzo has now announced that it will add two new fees by the end of October.

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