Publishing assessment of value statements is bound to become a headache for asset management...
UK authorities are enforcing stricter reporting rules for the asset management industry. But navigating the regulations can be tricky.
bunq makes fun of N26’s decision to pull out of the UK because of...
German challenger bank N26 is going to cancel its UK operations, blaming the Brexit regulatory uncertainty for the decision. Now, a Dutch competitor is making fun of it.
Parent budgeting FinTech StorkCard given an Electronic Money Institution licence
Having reached another milestone on its way to becoming the budget management solution of choice for new parents, StorkCard has been granted an Electronic Money Institution (EMI) licence from the Financial Conduct Authority (FCA).
Meet the FinTech startups selected for Tech Nation’s Upscale 5.0 cohort
With unicorn alumni like Monzo, Improbable, Bulb and Bloom & Wild, Tech Nation’s Upscale accelerator programme has an impressive track record.
Avaloq adds Edgelab to its roster of partnerships
Swiss-based Edgelab has partnered with WealthTech company Avaloq.
Revolut picks BearingPoint RegTech to help it comply with regulations post-Brexit
Payments unicorn Revolut has taken another step to prepare for Brexit by picking BearingPoint RegTech’s Abacus360 Banking solution.
Reserve Bank of India fines HDFC INR 10m for KYC/AML fines
The Reserve Bank of India (RBI) has deployed an INR 10 million ($143,570) fine on HDFC Bank for failing to meet KYC and AML compliance and the reporting of frauds.
Dave pockets $3m to help users stay out of their overdraft
Spending tracking app Dave has secured $3m in funding from backers including serial VC Mark Cuban. SV Angel, The Chernin Group and other angel investors also participated in the round.
Oval Money takes €1.2m for personal savings app
Personal saving and investment app Oval Money has secured €1.2m in funding from Italian banking group Gruppo Intesa SanPaolo.
Savings app Squirrel crowdfunds fresh £585,000
Savings app startup Squirrel has secured £585,000 in a crowdfunding campaign on SyndicateRoom, surpassing its £400,000 target. The capital comes from a group of 70 investors.
