AinFin bags £200k for financial inclusion services
Financial inclusion-focused startup AinFin has raised £200,000 in a seed funding round. The capital comes from individual investors.
New funding takes 51 Credit Card round to $400m
Chinese credit card management app 51 Credit Card Manager has raised $84m in what’s being described as a C+ round from Harvest Capital and Yintai Group.
Monzo grabs new £4.8m round from Passion Capital
UK challenger bank Monzo has raised £4.8m in what it's calling an 'interim' funding round led by Passion Capital.
Accenture buys design agency to help redesign retail banking
Professional services giant Accenture has acquired digital banking-focused design agency Allen International to boost its digital transformation capabilities.
Kontist pockets €2m for the freelancer bank
German banking app designed for freelance workers Kontist has raised €2m in a new funding round. The capital comes from Danish seed investors Founders and Vækstfonden.
Zero scoops up $2.5m for debit cards with credit card perks
Mobile banking startup Zero has raised $2.5m in a seed round of funding led by ENIAC Ventures. New Enterprise Associates, Nyca Partners, Lightbank and Middleland Capital also participated.
Challenger bank OakNorth hits profitability in first year
Entrepreneur-focused challenger bank OakNorth is proving just how big an impact these digital-only alternatives could have on traditional banking by breaking even in its first year on the market.
N26 taps into Siri for voice-activated transfers
N26 is making good us of Apple’s latest update to its iOS mobile operating system that gives developers access to its voice activates assistant Siri.
Airbanq takes $2.5m for digital bank for the underserved
Digital banking startup Airbanq has raised $2.5m in a seed round of funding to bring financial services to under banked consumers.
Citi’s head of FinTech leaves bank
Head of Citigroup’s FinTech division Heather Cox is leaving the bank after less than a year.
