Wednesday, February 19, 2020
Financial technology firm and Neobank Varo Money made a historical breakthrough as it gained the Federal Deposit Insurance Corporation’s (FDIC) approval last February 10, 2020. The FDIC’s approval will allow the fintech company to provide customer deposit facilities for...
Monzo CEO and founder Tom Blomfield recently said that the largest banks are impervious to change as they often have outmoded technology and practices a traditional culture, CNBC reported. These financial institutions also tend to avoid any changes due...
Residential appraisal software Reggora announced Thursday, Feb 13, it has secured a total of $10 million in its latest Series A funding led by venture capital firm Spark Capital. In a press release, the fintech startup disclosed it will be...
Dublin-based fintech firm Fenergo announced Wednesday the completion of its $80m funding round backed by Dutch bank ABN Amro and DXC Technology.  In a press release, the fintech startup said that the fresh capital will be used to fund Energo’s product enhancement and future acquisition of new business units, along with possible strategic capabilities.  "We are very...
UK Fintech startup, Curve, announced it will launch an office in Brooklyn, New York, as a move to expand operations in the United States.   Curve is the first-ever fintech firm to open an office in Brooklyn, which is expected...
The Philippines will be holding its very first fintech festival on May 20 to 21, 2020 in Taguig City to be joined by international leaders in financial technology, said GMA News. Other attended will include experts in various related...
Mumbai-based financial technology startup company SuperMoney successfully garnered $1 million in a pre-series A financing round. Unitus Ventures reportedly led the said round. SuperMoney is a financial lending platform that offers customers numerous services. Its current offerings include savings, insurance,...
As a way to jumpstart its economy amid the coronavirus outbreak, South Korea is temporarily easing its regulations on fintech and ten more sectors. Fintech is part of the 10 sectors, which were subject to deregulation by South Korea’s...
UK fintech Rimilia announced Monday it had secured a total of $15 million in its additional funding joined by its existing investors and partners. The round, which included Eight Roads Ventures, Kennet Partners, and Silicon Valley Bank, has brought...
British-owned company Mode launched an iOS app for its Bitcoin banking services. Coin Telegraph reported that the firm is financially supported by Twitter and Medium co-founder Biz Stone. The app seeks to minimize issues known in the Bitcoin blockchain...

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