Plastc, an all-in-one card and mobile app that promised to put an end to bulging wallets and revolutionise the way we pay, has filed for bankruptcy three years after launch without shipping a single product.
Barclays Bank says it wants to find the next Paypal after selecting the second cohort of 10 companies to participate in its African accelerator programme.
French telco Orange is to open its new mobile-only bank in July, following a soft-launch with employees this month.
As a new round of reports suggest a rebound in fintech spending by VCs in London, the founder and CEO of Revolut has hit out at the doom-mongering about Britain's post-Brexit future by his peers at Transferwise and Azimo.
Japanese investment bank Nomura has set up a fintech programme in India, inviting entrepreneurs to join it at a Mumbai base to build new tools for capital markets.
Robo-advisor Wealthfront is moving into lending, enabling customers to borrow against their investment accounts.
Nasdaq has launched a dedicated venture investment unit to identify and collaborate on new technologies with fintech companies worldwide.
The Bank of England is inviting applications for its latest accelerator project with an emphasis on conducting proofs of concept around machine learning and privacy in distributed ledgers.
US digital bank Simple has written to a number of customers advising them that they may have to open new accounts due to logistical problems in transferring their banking details to new owner BBVA Compass.
A research paper has revealed a level of scepticism among Asia Pacific banks when it comes to joining forces with fintechs.
© Finextra Research 2017