Tag: Financial Services/Finserv
ICYMI fintech funding round-up: Carry, Fragment, Powder, and more
ICYMI Funding Round-Up
CarryFunding: $10 million Series A
Lead Investor: Accomplice VC
Valuation: $65 million pre-money
Purpose: Hiring, R&D initiatives
Additional: Opened $1 million...
Revolut secures UK banking licence with restrictions, enters mobilisation stage
Key Points:Licence Acquisition:Revolut has secured a UK banking licence with restrictions from the Prudential Regulation Authority (PRA).
The company is now in...
Lithuania’s Finbee Verslui lands €35m investment from Pollen Street Capital
Key Points:Investment Details:Finbee Verslui has secured a €35 million investment from UK private capital asset manager Pollen Street Capital.
Headquartered in Vilnius,...
HSBC India partners with Open Financial Technologies to launch FinConnect for business clients
Key Points:Partnership Objective:Simplify payment processes for HSBC's business customers in India.New Offering:Launch of HSBC's FinConnect in India.
Described as a...
FCA issues new guidelines to ensure cash access for consumers and small enterprises
Key Points:Objective:Ensure "reasonable access" to cash deposit and withdrawal services for personal and small business current accounts.Implementation Date:New guidelines take...
Social trading app Shares set to exit UK market
Key Points:Market Exit:Shares is set to exit the UK market after two years of operations.
The decision was made to focus on...