Digital wallet start-up Eco lands $60m investment
Eco launched its app in March and has now raised around $94.5 million in funding.
Eco launched its app in March and has now raised around $94.5 million in funding.
The round was led by Sequoia Capital with participation from Will Smith’s Dreamers VC.
Most companies talk about the importance of mobile technology, but I’m not convinced there is a proper understanding.
New investment takes the company’s total raised to around $156 million.
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New research by The Economist about the banking industry’s attitudes, progress, and aspirations for leveraging data.
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Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
The bank cites implementation risks and changed market conditions as the reasons behind its decision.
Rumoured deal is valued at around €110 million.
Hackers are rapidly adapting their tactics to target features of modern fintechs.
Bank to close all 213,000 existing accounts as many show “limited activity”.
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Davy is also selling Davy Global Fund Management and its shareholding in Rize ETF to other third parties.
The Paris-based firm plans to use the funds to double its staff and accelerate product development.
Detection using AI can help banks and fintechs avoid huge regulatory fines.
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Another batch of funding rounds that might have flown under your radar.
Cryptocurrency exchange wanted “a proven and experienced partner”.
This week someone writes in to ask: how can I get on the embedded finance bandwagon?
The Series B is one of the largest ever funding rounds for a crypto exchange.
We are still at the start of the journey with open banking and have yet to see its full potential.
Soldo says the round is a European record for the spend management category.
Payments giant seeks to strengthen its foreign exchange business.
The Future Fund: Breakthrough scheme follows on from its now-closed predecessor.
The funding takes its total raised to $69 million.
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Retail trading app expects to sell shares between $38 and $42.
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
W1tty’s finance app is set to launch in Poland and Lithuania this autumn.
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The platform claims to take “less than a minute” to search for home loan options.
Cardless has now raised $50 million in total funding.
Fledgling challenger to run paid-for accounts and offer “personalised” service.
The private equity firm will acquire a majority shareholding in the company.
The past year has seen a clear trend towards the adoption and acceleration of digital banking products.
Featuring insightsoftware, Revolut, Lunar, Quantexa, and M1 Finance.
The event, being organised by Exibex, will be held virtually.