UK banking app Revolut seeks Australian banking licence
Revolut is seeking a banking licence in Australia and is engaged in talks with the country’s regulator to be allowed to take customer deposits.
Nordic challenger Lunar raises €210 million
Danish digital challenger bank Lunar has raised €210 million led by investment company Heartland, alongside growth investor Kinnevik and Tencent.
KodyPay is reinventing payment acceptance with US$3.25m in additional financing
KodyPay, a fast-growing UK Fintech that’s reinventing payment acceptance and working with Visa, MasterCard and IBM, has raised an additional US$3.25m.
Singapore leads Banking-as-a-Service adoption
Almost half (47 percent) of all financial institutions in Singapore have invested in banking-as-a-service in the last year.
Global banks preparing to leverage SWIFT’s new platform for international payments flows
Six leading global banks today announced their endorsement for SWIFT’s new transaction management platform.
Teen-focused Indian fintech startup FamPay raises $38M in Series A
FamPay, a fintech startup aiming to build India’s first neo-bank for teenagers, has announced the fundraise of US$38 million Series A.
US small business banking platform Novo raises over $40m
Novo, the powerfully simple small business banking platform, announced that the company has raised a $40.7M Series A funding.
Envestnet | Yodlee finds most fintechs and banks see themselves as the main beneficiary of Open Banking
As financial service providers look toward the future, they have a positive outlook on the benefits of open banking.
