Zoona pulls in $15m for mobile financial services
South African mobile FinTech firm Zoona has raised $15m in a round led by the International Finance Corporation (IFC), a division of the World Bank Group.
Lancai scoops up $27m for personal investments
Personal investments firm Lancai has raised ¥180m ($27m) in a Series B round of funding from Chinese online video firm LeEco.
Instavest takes $1.7m for social trading platform
Social investing platform Instavest has raised $1.7m in a seed round having graduated from Y Combinator.
Irish startup Rubicoin lands $1m to make Invest app global
Irish start-up Rubicoin, which offers an app to enable people to invest in stock markets, has landed €1.2m.
Stash swipes $9.25m for investment app
Investment app Stash has raised $9.25m in a Series A round of funding to accelerate user growth and build out its technology platform.
Mondo plans to raise $19m to $26m for full banking licence
UK challenger bank Mondo plans to raise a further £15m ($19.4m) to £20m ($26m) as it seeks to have the restrictions on its newly awarded banking licence lifted.
Citi’s head of FinTech leaves bank
Head of Citigroup’s FinTech division Heather Cox is leaving the bank after less than a year.
Mizuho Bank looks to Facebook and Amazon for FinTech boost
Japan’s Mizuho Bank has teamed up with Amazon and Facebook to experiment with artificial intelligence (AI) and chat bot interfaces.
DriveWealth expands APIs to support investment advisors
DriveWealth, a New Jersey startup providing retail investors and ordinary consumers with access to the US stock market, is expanding its APIs to cater to investment advisors.
Challenger bank Mondo secures banking licence
UK challenger bank Mondo has received a banking licence from UK regulators.
