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.
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.
Nordigen launches free API to solve the European “hot mess” of open banking
Credit scoring startup Nordigen has launched a new open banking API to solve the issue of expensive solutions in the market, taking a swing at companies like Tink and Plaid in the process.
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.
Neobanks and InsurTech startups among the 23 FinTechs raising money last week
Challenger banks and InsurTech ventures stood out among the 23 FinTech companies that successfully raised money last week. But RegTech is seemingly trailing behind.
DoJ files suit to block Visa’s acquisition of Plaid
Visa's $5.3bn acquisition of Plaid was supposed to be one of the biggest FinTech deals this year, but the US Department of Justice seems dead set against it and has filed a suit to stop the deal.
Allica Bank taps Sphonic to help it prevent financial crime
Having only launched earlier this year, Allica Bank has now picked Sphonic to manage its financial crime fighting efforts
Mastercard unveils new AI-powered suite enabling banks to assess cyber risk
Cyber Secure is Mastercard's new AI-powered suite of tools enabling banks to assess cyber risk across their ecosystem and prevent potential breaches.
