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.
Digital payments are becoming more popular ECB research shows
Cash may still be king, but new research from the European Central Bank shows digital payments are becoming more popular.
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.
Virgin Money integrates with Twenty7tec
Virgin Money is launching an API integration with technology experts Twenty7tec to streamline the search and application process for intermediaries by removing the need to re-key data in multiple places.
More FinTechs allowed to tap into Singapore’s banking system from February
Singapore's central bank has announced that eligible non-bank financial institutions (NFIs) will have direct access to the banking system’s retail payments infrastructure from February 2021.
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.
TransferWise granted licence to operate in Australia
International transfer company TransferWise has secured a licence to operate in Australia from the Prudential Regulatory Authority.
Cybersecurity experts warn about Black Friday scams
As customers around the globe race to claim the best Black Friday deals, cybersecurity experts warn them to look out for scams.
SEC proposal could see gig workers get up to 15% of compensation in stock
The US Securities and Exchange Commission (SEC) has reportedly proposed a measure that would allow gig workers to get up to 15% of their compensation in stock.
Zilch secures FCA authorisation as it aims to take on Klarna and Afterpay
Buy now pay later startup Zilch has secured a consumer credit authorisation with the Financial Conduct Authority (FCA), which could be a first for the London-based venture.
