Allica Bank, a UK-based bank for SMEs, has secured £55m in additional funding, following on from the £110m Series B funding round last November.
Fintechs are targeting the huge LatAm remittance market, as increased digitization paves the way for more affordable money transfers.
Figures from the UK Digital Economy Council show fintech companies in the UK have raised £6.2bn since January, representing 72 per cent of UK tech investment overall.
Fnality International recently revealed that it has appointed Olga Zoutendijk as Chairperson of the Board of Directors.
Change continues to come to fintech venture financing, and there's no sign of slowing down, Matt Harris said at Fintech Nexus 2022.
More choice for SMEs looking to borrow and grow.
Gilles Gade and Caitlin Long discuss the future of finance and digital assets, including discussions with regulators.
The bank’s recent tokenization of money market funds with BlackRock dovetails with an institutional DeFi project led by the Monetary Authority of Singapore.
Another busy news week in fintech with Apple causing quite a stir on the BNPL front. We also had big news from PayPal, the U.S. Senate, Custodia Bank, Checkout.com and more.
In time, value will migrate to currencies built on quantum-resistant algorithms. But right now it might be well worth spending a few billion to build a quantum submarine to dive down dredge up a hundred billion or so in lost cryptocurrency.