BIS Innovation Hub to launch four new centres in Toronto, London, Paris and Stockholm
The Board of the Bank for International Settlements (BIS) is going to open four more BIS Innovation Hub centres across North America and Europe.
Hunters collects $15m in Series A round
Tel Aviv-based cybersecurity company Hunters has bagged $15m in a Series A funding round from Microsoft’s M12 and U.S. Venture Partners.
Zimbabwe bans mobile payments over accusations of “economic sabotage”
Digital payments and trading on the stock exchange has been suspended in Zimbabwe in response to what President Emmerson Mnangagwa’s government called “criminality and economic sabotage," Reuters reported.
FCA allows Wirecard to resume operational activities
Last week the UK's top financial markets watchdog ordered Wirecard to freeze all of its regulated activities in the country. Now it has lifted the ban.
Identity fraud fighting startup ubble raises €10m in seed round
French tech startup ubble has bagged €10m in seed capital and a partnership with Bpifrance, the investment bank.
Telegram forced to return $1.2bn to investors that backed its cryptocurrency project and pay...
Telegram's battle with the American authorities has ended with the social media app agreeing to pay back all the proceeds made from its cryptocurrency project and to pay a hefty fine.
20 FinTech rounds from last week you can’t afford to be unaware of
FinTech companies, RegTech ventures, InsurTech startups and challenger banks raised money in the last week. This is what you can learn from the 20 FinTech rounds we reported on.
Pockit customers’ accounts frozen because of the Wirecard scandal
Challenger bank Pockit has been forced to freeze all customers' accounts because of the Wirecard scandal and tells users to go to local welfare assistance schemes if they can't pay for their essentials.
Holvi cards suspended because of the Wirecard scandal
Holvi, the digital banking platform for freelancers, has become the latest FinTech firm to be swept up in the Wirecard scandal.
FCA orders Wirecard UK to cease all activity as the scandal moves into second...
The collapse of German payment giant Wirecard has taken another turn as the UK's Financial Conduct Authority (FCA) has ordered the FinTech's British branch to cease all regulated activities.
