Chatbot savings app Chip has crashed through the £1 million barrier in a crowdfunded effort to raise funds to apply for a banking licence.
European financial deposit marketplace Raisin has secured an undisclosed investment from PayPal.
Virtual currency investment firm Crypto Finance has closed a EUR13 million capital raise to fund an application for a Swiss banking licence.
Former Barclays boss Bob Diamond is reportedly eyeing a potential £10 million investment in UK challanger bank Tandem.
Go-Jek, Indonesia's answer to Uber, has acquired three fintech startups as it bids to establish itself as a major digital payments player.
UK digital banking startup Loot has secured an additional £2.2 million in seed financing, taking total funding to £6 million.
Credit Suisse has acquired a ten percent stake in Singaporean digital wealth aggregation platform Canopy.
Nordea is to give selected third parties access to live customer datasets as it moves into the final stages of its Open API pilot trials.
UK innovation agency Nesta has doled out £1 million to ten firms who participated in a contest to inspire the creation of new products and services using Open Banking APIs.
Aspiration, a fintech startup pitching itself as a "financial firm with a conscience", has raised $47 million in a Series B funding round led by Social Impact Finance.
© Finextra Research 2018