Hapi rolls out UK savings and investments app for parents
The start-up is backed by Entrepreneur First.
The start-up is backed by Entrepreneur First.
Stash’s last valuation sits at around $812 million.
Global Ventures’ portfolio covers payment acceptance, digital wallets, credit and trading.
Featuring Albert’s $100 million Series C funding round and Crux Informatics’ $36 million convertible note.
N26’s failed UK expansion cost it a total of €26.9 million.
A look at what the rest of this year might have in store for the world of financial services and fintech.
Staring into the crystal ball for signs of what we could see over the course of the year from the industry.
The former Zalando chief isn’t the only executive addition in recent months.
“This smacks of opportunism,” says Kevin Hollinrake, chair of Fair Business Banking.
Minna says the investment will be used for global expansion, “with requests from all continents”.
The incubator is looking to accept just three-to-five start-ups.
“COVID-19 just exacerbated things,” says Blomfield.
Featuring CGI, Cleo AI, Freetrade, Market Finance, and Monzo.
“The options today are mobile money or banks,” says CEO.
Brigit’s CEO is a former Deutsche Bank and Infosys executive.
The fintech lodged its banking licence in the last quarter of 2020.
Currently, Just’s virtual offering is in beta.
Companies like Ant have until November 2021 to register a new financial holding.
Goldman’s CEO intends to make Marcus a pillar of the US bank’s growth.
The fintech’s registered users doubled to 23 million in 2020.
The UOKiK can fine the studio up to 10% of its annual revenue if it finds fault with its refund policy.
LettucePay operates on top of Stellar Network, an open source blockchain platform.
The bank is cutting out standalone entities which no longer make sense to operate solo.
The IPO will value SoFi at $8.65 billion.
The round was led by Shopify and Checkout.com backer Insight Partners.
How to improve customer and employee experiences. Featuring a demo of The Now Platform from ServiceNow.
The country’s central bank has granted it a SCD licence.
Rewire currently boasts more than 200,000 European accounts.
Despite COVID-19, the financial sector has still enjoyed some notable M&A deals.
This generational cohort represents a lucrative target market for financial services institutions.
Barclays did not dispute the FCA’s findings and agreed to settle the case.
The regulator calls out Robinhood’s approach of “gamifying” trading.
Zilch claims to be the only BNPL player to combine open banking with soft credit checks.
The neobank landed a full banking licence last year.
In August, Mozper – with the help of partner Visa – launched its closed beta with 500 families.
Cleo has four million Gen-Z and millennial users; and recorded a 400% revenue growth in the last year.
Over 2019, parents on its app paid £98m in pocket money to their children.
“We’re doing much better compared to pre-Covid times,” says CEO.
Blind allegiance has seen the BNPL sector explode in 2020.
The regulator has issued four licences, rather than five.