Tag: Fintech

Upfin, a venture capital firm that is aiming to support the Nordic FinTech community, has bagged €30m to back early-stage startups across the region.

Financial app Revolut has revealed it has seen a 215% increase in the number of UK users aged 55-74 over the past two years.

It was a big week for sizable FinTech deals and companies reaching unicorn status. A total of 41 FinTech investments deals were completed over the course of the week.

Volume, which stylises itself as the transparent checkout startup, has scored $2.4m in its oversubscribed pre-seed funding round.

The UK should tap into the ‘flotilla of benefits’ on offer from its FinTech sector, claims president of the CBI Lord Bilimoria.

While the US may be leading the way globally in FinTech and FinTech innovation, the European market is proving to be a pacesetter. Two key markets are France and Germany, with both markets in a tight race to be number two.

The European Commission has unveiled the EU Digital Finance Platform, which is designed to help create a dialogue between FinTech market players and supervisors.

Neo bank Monument Bank has partnered with Persistent Systems to build a cloud-native digital banking platform for lending and deposit services to support Monument’s operations.

FinTech Global has reported on 40 deals in the FinTech space this week, with the industry going from strength-to-strength after almost a quarter of 2022 has passed.

Specialist FinTech investor CommerzVentures has closed its third fund on €300m, which will back early and growth-stage companies in the sector.