Tag: Financial Services/Finserv
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...
European regulators agree on new rules for SEPA instant payments
Instant Payments Expansion:European governing bodies agree on new rules to increase the availability of instant payments.
Banks and payment service providers offering...
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...
Canadian Tire reacquires Scotiabank’s 20% stake in its financial services arm in $650m deal
Financial Transaction: Canadian Tire buys back Scotiabank’s 20% stake in its financial services arm, CTFS, through an all-cash transaction valued at around $650 million...
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...
Wise temporarily pauses new business onboarding in Europe
Wise temporarily pauses business onboarding in Europe.
High demand was cited as the reason for the onboarding freeze.
UK businesses onboarding resumes, with...