Tag: Consumer/Personal Finance
ICYMI fintech funding round-up: EduFi, Performativ, Due and more
EduFi Funding:Singapore-based EduFi secures $6.1 million in pre-seed funding.
Led by Zayn VC, with participation from Palm Drive Capital and others.
EduFi...
FCA calls for “robust frameworks” to detect fraud and support victims
The UK's Financial Conduct Authority (FCA) urges firms to enhance anti-fraud systems.
The FCA's recent review revealed both good and poor practices in...
India’s InCred Finance secures unicorn status with $60m Series D funding
Funding News:Indian fintech InCred Finance secures $60 million in Series D funding.
Valuation reaches $1.05 billion, making InCred the latest unicorn in...
UK challenger Monument Bank completes £40m Series B raise, eyes more funding
UK digital bank Monument secures £40 million in Series B funding.
Dubai Investments increased its stake in Monument from 9.25% to 16.93%.
Monument's...
CFPB targets US fintech firms with proposals for increased regulatory scope
The Consumer Financial Protection Bureau (CFPB) aims to subject large tech firms and neobanks to supervisory examinations similar to traditional banks.
Proposed regulations...
PFM downturn continues as Status Money closes down
Personal finance app Status Money is closing its doors on November 10.
Founded in 2016 by former Citi and Goldman Sachs bankers Majd...