UK leads race across Europe to introduce interbank digital currency
The Bank of England has previously consulted on the introduction of interbank CBDC and today announced plans to launch a taskforce for digital currency.
Lendary launches high yield margin lending algorithm for crypto trading in Asia
Lendary, the fintech company that has revolutionized margin lending in crypto markets with automated peer-to-peer lending, is expanding its service in Asia.
French super app startup Alan nets $220 million on $1.67 billion valuation
Alan, a French startup working on healthcare solutions, has raised $220 million in a funding round and is now valued at $1.67 billion.
Razorpay notches $160M at $3B valuation
Indian FinTech Startup Razorpay is notching $160 million in a Series E funding round that values the firm at $3 billion.
Safenetpay and Banking Circle take the complexity out of cross border payments
Safenetpay has joined forces with ground-breaking payments specialist, Banking Circle, to further enhance its cross border payment offering.
UK’s Zilch raises $80M at a $500M+ valuation for its direct-to-consumer buy now, pay later service
London buy now, pay later startup Zilch has raised $80 million (£57m), an all-equity Series B that values the company at over $500 million (£360m).
Belfast fintech firm in fresh funding round for new bank-linked loyalty platform
Belfast-based fintech company LoyalBe has announced £725,000 of fresh investment in a funding round led by Techstart Ventures.
Challenger bank N26 to offer insurance products
Fintech startup N26 is launching N26 Insurance as it plans to offer insurance products that you can access from the company’s mobile app and website.