February 26, 2021 @ 8:16 am By Samantha Hurst  |  

Virtual school-gate community, Classlist, is set to close its latest equity crowdfunding campaign on Crowdcube with nearly £800,000 in funding. The company returned to Crowdcube less than five years after raising £837,160 through its previous crowdfunding campaign. The latest funding round has attracted more than 890 Crowdcube… Read More

February 26, 2021 @ 8:10 am By Samantha Hurst  |  

Step, a U.S.-based financial services company built for teens and families, announced on Thursday it has crossed one million users in less than four months of its launch. Founded in 2018 and launched last year, Step describes itself as the next-generation financial services company building… Read More

February 26, 2021 @ 7:42 am By Samantha Hurst  |  

  CoinShares, a European digital asset investment firm, announced earlier this week the launch of a new physically-backed ETP, CoinShares Physical Ethereum (Ticker: ETHE). According to CoinShares, ETHE will be the second product released on the firm’s institutional-grade ETP platform and will launch with approximately $75… Read More

February 26, 2021 @ 7:33 am By Samantha Hurst  |  

  Mexico-based consumer fintech Stori announced on Thursday it raised $32.5 million through its Series B funding round, which was led by Lightspeed Venture Partners with participation from Vision Plus Capital, BAI Capital, and Source Code Capital. The investment round brings its total funding to… Read More

February 25, 2021 @ 9:30 pm By Samantha Hurst  |  

Atom Bank, a UK-based mobile bank, announced on Thursday is to set to raise £40 million from existing shareholders as it moves to profitability from its mortgage and business lending within a year and to IPO the year after. As previously reported, Atom Bank claims… Read More

February 25, 2021 @ 9:13 pm By Samantha Hurst  |  

  Cross-border savings and investments marketplace Raisin announced on Wednesday it has expanded its partnership with digital bank N26 to extend N26 product portfolio with EasyFlex Savings, a flexible overnight deposit with an interest rate of 0.21% p.a., a top offer in the German market. The European… Read More

February 25, 2021 @ 2:49 pm By Samantha Hurst  |  

  UK banking group NatWest announced earlier this week it has issued a €1 billion affordable housing social bond. The bank reported it has selected a pool of loans to not-for-profit, registered UK-based housing associations to which it will allocate the proceeds of the bond’s… Read More

February 25, 2021 @ 2:40 pm By Samantha Hurst  |  

  Anchorage, a U.S.-based premier digital asset platform for institutions, announced on Thursday it secured $80 million through its Series C funding round, which was led by GIC with participation from a16z, Blockchain Capital, Lux, and Indico. Founded in 2017, Anchorage claims it was created… Read More

February 25, 2021 @ 9:32 am By Samantha Hurst  |  

  SwipeStation, a click and collect service that allows users to create an order from anywhere in sports stadiums, has successfully secured more than £515,000 through its latest equity crowdfunding campaign on Seedrs. The funding round, which originally set out to raise £250,000, has already… Read More

February 25, 2021 @ 9:21 am By Samantha Hurst  |  

  Treasury Prime, a U.S.-based API banking platform, announced on Thursday it has teamed up with Marqeta, a fintech unicorn that claims to be the first global modern card issuing platform, to bring Marqeta’s modern card issuing capabilities to the Treasury Prime API. Treasury Prime reported… Read More

February 25, 2021 @ 9:02 am By Samantha Hurst  |  

  Plastiq, a U.S.-based intelligent payments solution for small businesses, announced on Thursday it has formed a partnership with corporate card provider Ramp to help businesses pay for virtually any expense with the Ramp card. Plastiq reported that through the partnership, customers may now track, manage,… Read More

February 25, 2021 @ 8:23 am By Samantha Hurst  |  

Digital banking group Varo Bank announced on Thursday the launch of Varo Believe Program, which is described as an innovative credit building product that includes a Visa credit card and credit monitoring. According to Varo, the Believe Program is aimed at the 45 million Americans who… Read More

February 24, 2021 @ 3:21 pm By Samantha Hurst  |  

  Simplex, an EU-licensed financial institution that provides the fiat infrastructure for the cryptocurrency industry,  announced on Wednesday it has teamed up with  Opera to integrate an in-browser cryptocurrency onramp. Simplex reported that through the integration, users will be able to buy and sell crypto… Read More

February 24, 2021 @ 3:07 pm By Samantha Hurst  |  

  Microsoft announced on Wednesday the plans to release Microsoft Cloud For Financial Services. According to Microsoft, the Microsoft Cloud for Financial Services is an end-to-end solution designed for even the most complex control frameworks and regulatory requirements.  “By integrating existing and new capabilities in… Read More

February 24, 2021 @ 1:54 pm By Samantha Hurst  |  

Flybits, a Canada-based digital experience platform for financial services, recently announced the launch of its privacy-first guided opt-in experience.  Flybits reported that the experience was designed with the consumer in mind and aims to create valuable digital experiences by allowing individuals to control their personal… Read More

February 24, 2021 @ 1:41 pm By Samantha Hurst  |  

Petal, a credit card startup pioneering “Cashflow Underwriting” as an alternative to traditional credit scoring, announced on Wednesday it has closed a new committed debt facility, totaling more than $125 million. According to Petal, the new facility includes $100 million from Silicon Valley Bank (SVB), the bank… Read More

February 24, 2021 @ 12:11 pm By Samantha Hurst  |  

  Switzerland based Fintech Incubator & Accelerator F10 announced on Tuesday it has launched its first incubation program for fintechs and insurtechs in Spain. According to F10, the incubation program aims to support early-stage startups in the processor transforming their prototype into a scalable product, while… Read More

February 24, 2021 @ 10:23 am By Samantha Hurst  |  

  Linkly, an Australia-based fintech, announced on Wednesday it has appointed former Global COO of Afterpay, Frerk-Malte Feller, as its new CEO. According to Linkly, Feller previously held senior exceutive positions at eBay and PayPal.  “The company’s solutions and the recent move into online payments,… Read More

February 24, 2021 @ 9:44 am By Samantha Hurst  |  

  Buckle, a U.S.-based financial services group, announced on Wednesday it has partnered with TNEDICCA, a location-based traffic crash intelligence and predictive analytics provider, to offer crash risk data for auto insurance underwriting. Buckle reported that TNEDICCA has built a proprietary traffic crash location database… Read More

February 24, 2021 @ 9:33 am By Samantha Hurst  |  

  Afterpay, a digital platform that offers interest-free installment plans for online purchases, announced on Wednesday it has joined forces with Stripe to offer buy now, pay later payment services for merchants. According to Afterpay, the partnership allows both new and existing Stripe merchants to… Read More