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FintechNews RoundupUSA
·May. 22, 2019

Marqeta Raises New Round at $2 Billion Valuation

The company has finalized their $260 million Series E round which was led by Coatue Management; other investors in the...
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EuropeFintechNews Roundup
·May. 22, 2019

TransferWise Raises $292mn in Secondary Funding

UK based payments fintech TransferWise has upped their valuation to $3.5bn with a secondary funding raise of $292mn; the round...
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FintechNews Roundup
·May. 23, 2019

Announcements & Releases for May 23, 2019

Small and mid-sized banks can’t shy away from AI Crypto Lending Startup BlockFi Slashing Interest Rates on Ether Deposits PensionBee...
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EuropeFintechNews Roundup
·May. 23, 2019

Iwoca Criticizes Bank Referral Scheme

Christoph Rieche, CEO and Co-Founder of Iwoca sent an open lender to Chancellor Philip Hammond stating that the government’s bank...
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FintechNews RoundupUSA
·May. 23, 2019

The Clearing House Lands First Small Bank

The Clearing House is a real time payments network owned by a consortium of some of the biggest banks; there...
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FintechNews RoundupUSA
·May. 23, 2019

Wealthsimple Raises $75mn as They Look Towards a Future IPO

Digital wealth management startup Wealthsimple raised $75mn from the digital investment arm of Germany’s Allianz, Allianz X, along with early...
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EuropeFintechNews Roundup
·May. 23, 2019

Revolut Introduces Group Vaults and Plans to Launch a Youth App

UK based digital banking startup Revolut has launched a group vault feature where users can collaborate on goals by setting...
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FintechNews RoundupUSA
·May. 23, 2019

Are Digital Banks Struggling to Get Traction?

A recent article in Forbes shared a survey of US consumers that shed light on the traction of digital banks...
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EuropeFintechNews Roundup
·May. 23, 2019

N26 Must Improve Money Laundering Safeguards

Germany’s financial regulator has ordered N26 that they need to “take appropriate internal safety measures” and “comply with general customer...
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EuropeFintechNews Roundup
·May. 23, 2019

Growth Street Calls out HSBC for Open Banking Uptime

One of the key components for open banking is being able to access data from other providers around the clock;...
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