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Category : Financial Services/Finserv

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DNB extends investment in new 11:FS platform – FinTech Futures

Following a successful proof of concept phase, Norway’s DNB has extended its investment in challenger firm 11:FS, reports Jane Connolly. DNB will also build new
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Sparrow’s options trading platform takes flight – FinTech Futures

Singapore-based Sparrow has launched its options trading platform. Singapore-based Sparrow has launched its platform to make options trading simple, secure and accessible for institutions and
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Halo raises $12m to democratise structured notes investing – FinTech Futures

Structured notes platform, Halo Investing, has closed a $12 million Series B round to help deliver greater transparency and competition in the investment process, reports
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Alogent acquires FinanceGenius software – FinTech Futures

Financial technology company, Alogent, has acquired the FinanceGenius suite of software from IntelliEngines Inc, in order to automate and streamline lending for its customers, reports
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FCA tackles overdraft rules on new consultation paper – FinTech Futures

The Financial Conduct Authority (FCA), the UK’s financial regulator, has released a consultation paper proposal on overdrafts as part of its review of high-cost credit.