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.
FinTech investor Green Visor eyes up to $100m for third fundraise
FinTech-focused early-stage investment firm Green Visor Capital is back in the market eyeing up to $100m for its third fund.
Juvo lands strategic investment from Samsung NEXT
Juvo, a mobile identity company looking to help mobile users in emerging markets improve their financial standing, has landed a strategic Investment from Samsung...
Robinhood confirms $1.3bn valuation after $110m round, hits two million users
Stock trading app Robinhood is confirming its $1.3bn valuation and announcing a $110m Series C round. Alongside the capital and valuation, the company is revealing a new milestone in having passed two million users globally.
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.
Pockit swipes £2.9m for inclusive mobile banking
Mobile banking startup Pockit has picked up £2.9m in new funding as it introduces a remittance service from the UK to Italy and Poland.
Irish investing app Rubicoin pockets €1.4m
Irish investing app maker Rubicoin has secured a €1.4m funding round from Enterprise Ireland and investment advisor Motley Fool.
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.
BNP Paribas acquires neo bank Compte-Nickel
BNP Paribas is set to acquire a 95% stake in neo-banking startup Compte-Nickel’s parent company Financière des Paiements Électroniques.
Robinhood joins unicorn club following new funding round
Stocks trading app Robinhood is the latest FinTech startup to reach a $1bn-plus ‘unicorn’ valuation after raising a fresh round of funding.
