Kenyan start-up Powered by People raises $1.5m seed funding
The round was led by Matt Kalish of DraftKings and TBD Angels.
The round was led by Matt Kalish of DraftKings and TBD Angels.
It raised a convertible loan from the MASSIF fund, which is run by FMO.
The undisclosed amount in pre-seed funding came from Australian venture capital firm TEN13.
The funding round was led by Lundin Group and other existing investors.
This new regulation won’t apply in the UK following Brexit.
The OBIE is morphing into a new organisation to support innovation.
Latest branches following the pandemic-induced shift to digital channels.
Temenos wins another Irish credit union for Community Banking platform.
The prospective bank is pushing its AI capabilities as a unique selling point.
The bank will offer loans to local authorities at lower rates to support new projects.
In the next two years, ZikZuk intends to take itself across the globe.
Ismail architected the firm’s move into consumer digital banking.
Davey steps down to focus on independent investing and advisory services.
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Klarna claims its round was oversubscribed four times over.
Duckett replaces the retiring Roger Ferguson.
Robinhood has held talks with underwriters about filing “within weeks”.
Tiger Global Management is reportedly backing the round.
“We’re building a backend on a global level,” says co-founder.
Part of its goal with the new capital involves building out a Black business marketplace.
“This is very personal for me as a founder of colour,” says Finix founder.
Atos to deliver new digital banking experiences for Egyptian bank’s customer.
Three UK banking services start-ups have landed investment recently.
Orenda says it’s as much as an “eighth” of the price of its competitors.
FinTech Futures’ weekly news round-up.
The bank has raised £429 million to date from eight funding rounds.
Ferdinand joins as a shareholder in the cross-border currency firm.
We highlight a series of funding rounds that may have passed you by.
Stephanie Cohen, Jessica Rusu, Sarah Pritchard, and Emily Sheppard all join the watchdog.
Petal has closed $440 million in debt and raised $100 million in equity.
The bank spent around £1.2bln on tech in 2020, equivalent to the profit it generated for the year.
German fintech to issue new debit card for users in 2021.
Both Fedwire and FedDACH went down this week, and remained so for a few hours.
The EU granted the UK temporary equivalence last September for derivatives clearing.
It will affect players as large as Amazon, Google, and Flipkart.
Subway claims it is one of the first in North America to standardise payments on this scale.
European payment giants Worldline and Nets became shareholders in the EPI last year.
Arizona bank diversifies its book by branching into mortgages.
The deal follows Zytara’s launching of its own stablecoin.
TymeBank looks to expand beyond its South African headquarters.