Capital markets venture fund Seismic Foundry has made a further two investments in the fintech startup space and begun raising funds for a new warchest for the 2018-19 financial year.
A UK challenger bank aimed at the SME business sector has opted to give up its banking licence in order to spend more time developing its IT infrastructure prior to its launch.
An initial coin offering (ICO) that raised $32m and was backed by celebrity boxer Floyd Mayweather has been dealt a knockout blow after the US Securities and Exchange Commission (SEC) arrested the company's founders for fraud.
Monzo and Starling Bank have joined a raft of incumbents to integrate with rent recognition platform CreditLadder to help tenants to improve their credit history with rating agencies.
Asset management tech startup Finbourne is collaborating with five financial institutions to help build a shared cloud-based investment management platform that can replace existing in-house software and hardware.
Berlin-based savings startup Raisin is entering the retail investment market through a tie-up with asset manager Vanguard to add ETF portfolios to its German product offering.
Asset management house Schroders is to provide desk space alongside funding and collaboration opportunities to fintech startups as part of a global 'in-residence' programme dubbed 'Cobalt'.
Finextra and the Euro Banking Association are inviting some of Europe's most promising early-stage startups to present their ideas to banking delegates attending EBAday 2018, Europe's leading payments and transaction banking event.
In an effort to bridge the trust gap between incumbent banks and digital challengers, Revolut is upping its security game by allowing customers to pay online with disposable virtual cards.
A new cryptoassets task force, advances in RegTech and a UK-Australia startup support programme are the major initiatives to emerge from the UK Government’s first Fintech Sector Strategy.
© Finextra Research 2018