FinTechs urge the FCA to pull the plug on big banks’ data dominance
The Coalition for a Digital Economy (Coadec) has urged the UK's top financial regulator to make open banking truly open in 2021 and to "break" banks' dominance.
Revealing the ten biggest FinTech funding rounds in 2020
Massive amounts of capital have been injected into the FinTech industry in 2020, but ten companies raised bigger rounds than the rest.
Banks beat insurance companies when it comes to apps
Banks are better at building apps than insurers, according to new research from digital transformation company Mobiquity.
Latin America and teen-focused FinTech services are coming of age as the industry closes...
Last week’s 32 FinTech rounds highlight how Latin America is exploding with new activity, how open banking has nudged closer to being fully adopted across Europe and the rising popularity of teen-focused ventures.
Tink adds €85m in investment round extension
Open banking platform Tink has added another €85m to its coffers in a new investment round-extension co-led by new investor Eurazeo Growth and existing investor Dawn Capital.
Singapore authorities launch new infrastructure for improved financial management for citizens
From: FinTech Global
While open banking is still to be fully realised in Europe and the US, Singaporean authorities have joined forced to launch a...
Revealing the four new digital banks allowed to operate in Singapore
After a year waiting, Singapore's central bank has finally revealed which four companies will be allowed to open digital banks in the country.
What do these 28 FinTech rounds from last week reveal about the industry
Last week week saw 28 FinTechs close investment deals. Three sectors in particular proved especially successful.
Most European executives optimistic about open banking
European financial institutions are in general optimistic about open banking, but a risk of internal alignment could be holding them back, new data from Tink reveals.
Cybersecurity, InsurTech and neobank ventures led the 29 FinTech rounds raised last week
Out of the 29 FinTech funding rounds we reported on last week, cybersecurity companies, InsurTechs and challenger banks were among the clear winners.
