Category: News-Automation

Personal loan financial technology company Symple Loans scored capital of $15 million from 2 institutional investors in a funding round that valued the fintech at over $100 million. The latest all-equity capital raising round was led by Costa Asset Management (by Robert Costa) and Welas...

Blockchain.com, a London-based digital asset platform, announced that it has secured about $120 million (approximately £86.5 million) in funding. The investment round was led by several macro investors which include Kyle Bass, Moore Strategic Ventures (Louis Bacon), Rovida Advisors, Access Industries, GV (aka Google Ventures),...

Bookipi, an Australian financial technology company, is all set to launch a new invoice payments platform in partnership with another Australia-based fintech Fat Zebra. The all new invoice payments platform will be called ‘BookiPay’. Through this partnership, Bookipi will be using the payment infrastructure of...

Buy now, pay later giant Afterpay has announced the launch of its new banking-as-a-service product through which users can monitor their savings and transactions and manage their cash flow. Fintech Afterpay will launch its new product via the bank-as-a-service platform of financial services provider Westpac...

Australian fintech Payright (ASX:PYR) is the most recent payments company listed on the Australian Securities Exchange to receive a speeding ticket from the exchange. The fintech received the ticket on 16th February 2021 after its share prices soared by a whopping 32%. On the morning...

A London-based fintech and Software-as-a-Service (SaaS) firm ARKK has secured funding of £7 million from its existing investors. ARKK helps in the automation of the finance function of an organization by replacing traditional and outdated tools with improved smart technology.  The freshly secured funds will...

United Kingdom-based challenger bank Monzo has recruited Carol Nelson as its first-ever female US Chief Executive Officer to lead the fintech unicorn’s expansion in the states. In May 2020, the Co-founder of Monzo, Tom Blomfield stepped down as CEO and moved to the President slot...

One of United Kingdom’s fastest growing companies, Playter Pay announced that it has raised £1 million in a funding round led by several investors. The round consisted of both debt and equity which will allow the ‘Hire now, pay later’ company help small and medium-sized...

UK-based financial technology company Cashplus has finally received a full banking license from the Prudential Regulation Authority (PRU). The fintech has been serving as an e-money institution for several years, Cashplus will now provide its customers as a regulated bank. The credit card lender for...

London-based investment and trading app Wombat Invest secured £2 million in a venture funding round after setting up the business from its 2018 crowdfunding round of about £250,000. The 2 million funding round for the fractional share trading platform was led by Fuel Ventures, a...