FDIC to Monitor Bank-FinTech Relationships More Closely
FDIC plans increased oversight of bank-FinTech relationships. Focus will be on "For Benefit Of" accounts for better transparency. Upcoming regulations…
Capsa AI Raises £1.7M in Seed Funding
Capsa AI raises £1.7M in Seed funding eight months post-founding. Funding led by Outward VC, with notable contributions from other…
Swedish Fintechs Partner to Expand Lending Services
Swedish fintechs Froda and Juni form an embedded finance partnership. Juni uses Froda’s lending platform to serve SMEs without a…
Revolut Reports $500m Annual Revenue from Business Accounts
Revolut's business accounts revenue exceeds $500 million annually. Monthly transaction volume reaches $17 billion with 20,000 new clients. Revolut BillPay…
Robinhood Launches Stock Lending in the UK
Robinhood expands UK offering with stock lending product. Stock lending provides passive income by renting out shares. Product launch follows…
Palm Raises $6.1 Million in Seed Funding
Palm secured $6.1 million in Seed funding. Platform reduces operating cash balances by over 30%. Investment round led by Speedinvest…
Palm Raises $6.1M to Enhance Cash Management
Palm secures $6.1M in seed funding for cash management. Funding will expand team and market presence. Platform reduces operational cash…
Mollie Seeks Closer UK-EU Relations to Boost Trade
Mollie supports warmer UK-EU relations for trade benefits. Brexit increased bureaucracy for cross-border transactions. Closer ties could simplify regulations and…
Bas Prass Joins GoDutch Banking as CMO
Bas Prass named CMO of GoDutch Banking. GoDutch emphasizes fairness and transparency in banking. Company quickly gains 1,500 users in…
UK Banking Tech Startup Reduces Annual Losses by 7%
10x reduced annual losses by seven percent to £55.1 million. The company secured £35 million in funding from existing investors.…
