MMP and PiggyBank – FinTech Futures
MMP Financial, an online small loan lender which trades as My Money Partner and Swift Sterling, has entered administration this week following regulatory clamp downs...
Category : lending
Hong Kong’s fintech WeLab raises $156 million to launch WeLab Bank in 2020 – FinTech Futures
WeLab, the Hong Kong-headquartered fintech operating China’s mobile lending platform Wolaidai, Hong Kong’s virtual bank WeLend, and Indonesian fintech venture AWDA, has raised $156 million...
Portify raises £7m to offer gig economy and freelancers access to credit – FinTech Futures
Portify, the UK-based fintech helping the gig economy predict cash flows and reduce income fluctuations, has just raised £7 million in a Series A investment...
JP Morgan embroiled in yet another racism scandal – FinTech Futures
US banking giant, JP Morgan, has been involved in yet another racism scandal, according to The New York Times. The publication obtained two recordings of...
The 20th Banking Technology Awards winners have been announced – FinTech Futures
The twentieth annual Banking Technology Awards took place on 5 December 2019 at the London Marriott Grosvenor Square. It was hosted by the hilarious Rich...
Video: Top fintech stories this week – 06 December 2019
The FinTech Futures weekly round-up of the industry’s top stories and happenings from across the globe. This week we cover: Italy’s largest bank UniCredit to cut 8,000...
Crypto Lender BlockFi Rolls Out Zero-Fee Trading for Bitcoin, Ether, GUSD
The company would not disclose exact numbers, but, according to Prince, “tens of thousands” of people are now keeping their crypto with BlockFi, and more...
Stack Overflow VP Joins Crypto Lending Firm as Chief Product Officer
Cole leaves Stack Overflow, a resource site for programmers, where he’s been vice president of product since 2012. Becoming familiar with bitcoin that same year,...
Mexican lendtech start-up Konfio bags $100m investment led by SoftBank – FinTech Futures
Konfio, a Latin American online lending platform for micro-businesses, has bagged a $100 million investment in its fourth financing round led by SoftBank just three...
Pomp Joins Figure’s Board as Firm Completes $103M Funding Round
California-based fintech company Figure Technologies has completed its $103 million funding round led by cryptocurrency asset manager Morgan Creek Digital. In conjunction with closing the...
Crypto-Focused Lender Blockfi Launches Trading Platform
Crypto financial services company Blockfi has launched a trading platform supporting three cryptocurrencies. The new offering adds to the company’s existing services: interest-bearing accounts and...
Mike Cagney’s Figure Technologies set to raise $103m in Series C – FinTech Futures
Figure Technologies, the US start-up created by SoFi founder Mike Cagney, is about to close $103 million in Series C funding according to papers filed...
Singapore’s FinAccel raises $90m to make financing more accessible in Southeast Asia – FinTech Futures
Singapore-headquartered FinAccel has raised $90 million in a Series C funding round to make access to loans easier for people throughout Southeast Asia. The round...
Fintech API platform Rapyd raises $20m and hits $1.2b valuation – FinTech Futures
London-based Rapyd, an API platform creating mobile payment methods, has raised $20 million to reach a valuation of $1.2 billion. The “fintech-as-a-service” raised $100 million...
Revenue-based financier Uncapped launches and secures £10m – FinTech Futures
Uncapped, the 2019-founded start-up claiming to be “Europe’s first revenue-based finance provider”, has raised £10 million in its seed round and launched to help entrepreneurs...