Top fintech stories this week – 24 May 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
TransferWise doubles its valuation to $3.5bn
Through its latest $292 million in a secondary funding,
Nuvei Bidco acquires paytech SafeCharge for $889m
The firm’s chairman Roger Withers says the board unanimously recommended the all-cash offer.
Investors lost over £27m to crypto and forex scams last year
The FCA and Action Fraud are campaigning to raise awareness of cryptoassets and forex investment scams.
Deutsche Bank’s suspicious transaction reporting hit by software glitch
A software glitch has prevented potentially suspicious transactions being reported to law enforcement authorities since 2010.
Student digital current account Loot enters administration
After a sale to investor Royal Bank of Scotland (RBS) collapsed.
The Banking Technology magazine May 2019 issue is here! Click here to read the free digital edition.