Standard Chartered to launch climate-focused savings app powered by Starling
Named Shoal, the platform leverages Starling’s Banking-as-a-Service offering.
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Named Shoal, the platform leverages Starling’s Banking-as-a-Service offering.
The neobank landed an authorisation with restriction (AWR) banking licence in October 2020.
Edfundo says it is on a mission to help 8 to 18-year-olds become financially literate.
The platform opens up access to private equity funds for individual investors.
Another collection of funding rounds and raises from all over the world you might have missed.
Groww will use the cash to expand its reach into underserved parts of India.
The lending-focused challenger secured a UK banking licence last year.
The funding was drawn from a Series F round and $100m credit facility.
New funds will be used for further product development and to grow its team.
More funding deals you may have missed during a busy week of news.
The fintech start-up says it wants to “bring digital finance to everyone in Africa”.
New investment follows the company’s $12 million Series A round in February.
Start-up aims to bring “all-in-one banking” to middle-class Americans.
Edinburgh-based investment firm plans to offer a 24/7 digital wealth management app.
NYC-based Frich offers a savings wallet and no-fee overdraft for Gen Z users.
Featuring Rapyd, Human Interest, Unico, Matrixport and Kuda.
Another batch of funding rounds that might have flown under your radar.
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
UK bank aims for “top three” position in the retirement and savings market.
The round was led by Sequoia Capital with participation from Will Smith’s Dreamers VC.
Series C takes Vestwell’s total funding to around $112m over four rounds.
Bank to close all 213,000 existing accounts as many show “limited activity”.
Ivy Bank will act as a digital-only division of CSB.
The firm claims the investment now takes its total valuation to $1.45 billion.
The financing comes nine months after its $18.6 million Series A round.
The company is aiming to improve financial literacy in the region.
Bambu plans to tap into Tradesocio’s presence across EMEA and India.
ChangeFi is looking to give “equal access to the American dream”.
Chrysalis Investments led the round with a £75 million equity investment.
The Ohio-based firm plans to use the funds to expand its product line and accelerate growth.
A heaping helpful of funding rounds from this week to get your teeth into.
The Bengaluru-based firm is aiming to build India’s first neobank for teenagers.
The app features a number of tools to help aspiring homeowners save up for a deposit.
Australian bank deploys Transact in the cloud with SaaS package.
“Don’t lie about your customers’ ability to get their money when they need it.”
Fintechs should be looking to develop products that promote healthy and sustainable financial habits.
“We’re taking the toolkit approach of the challengers,” HSBC lead tells FinTech Futures.
Petal has closed $440 million in debt and raised $100 million in equity.
German fintech to issue new debit card for users in 2021.
Savings accounts via partner banks offer interest rates of up to 0.64% AER.