UK challenger Allica Bank completes £110m Series B funding round
The cash will go towards enhancing Allica’s proprietary technology and client support.
The cash will go towards enhancing Allica’s proprietary technology and client support.
Open says Zwitch has already helped 10 start-ups embed financial services.
In Case You Missed It (ICYMI) funding round-up for you to get the latest fintech funding news.
Weyay is in beta mode and will target the country’s large youth market.
Deal will bring the challenger bank around 2,000 SME customers.
The SME focused start-up aims to raise £1 million ahead of its Series B funding round.
The new bank is intended to provide African Americans with better access to financial services.
Our top pick of news from the world of finance and tech in bitesize video format, every week.
The global platform for creatives plans a phased roll-out of financial services from this month.
Alloy’s API-based platform will be used to automate the bank’s identity verification process.
The fintech has raised $600 million in equity capital since inception in 2017.
N26 will no longer serve US customers after 11 January 2022.
Acquisition intended to accelerate Oportun’s expansion plans by three to five years.
The supplier’s AgileReporter platform forms part of the UK regional bank’s tech stack.
Patriot will migrate to American Challenger’s technology platform.
The deal is expected to close in the second half of 2022.
The UK alternative lender is expanding its services using the new platform.
The app will be fully integrated with Volt’s core banking system.
Pavel Fedorov joins Oliver Hughes from the company’s board of directors.
Mixbank aims to provide banking and cash management for businesses without the need for a credit card.
The neobank landed an authorisation with restriction (AWR) banking licence in October 2020.
Edfundo says it is on a mission to help 8 to 18-year-olds become financially literate.
Menta’s platform is designed to improve access to credit for the underbanked.
The funding round takes the 10-month-old company’s valuation to $210 million.
Fintech will offer customers a contactless debit card and fee-free usage of ATMs.
Another collection of funding rounds and raises from all over the world you might have missed.
New challenger bank plans to focus on the north of the UK and plans a large loan book.
Teng says the decision is “one of the easiest and also one of the hardest decisions” he’s made.
Arival plans to provide services to international software firms and underbanked businesses.
The BaaS firm aims to support post-pandemic growth through nurturing SMEs.
The lending-focused challenger secured a UK banking licence last year.
New product will give internet-first businesses access to short-term credit.
Lunar founder and CEO Ken Villum Klausen says payments will be “at the forefront of our next growth phase”.
Dreams CEO and founder, Henrik Rosvall, joins us for this latest episode of our What the Fintech? podcast.
Our top pick of news from the world of finance and tech in bitesize video format, every week.
New bank is applying for an electronic money licence in the UK.
New fintech plans to use time spent mobile gaming to help users reduce debt.
Aborted banking project reflects change of financial services strategy at Google.
UK challenger bank to refocus its business after aborted US entry.
Arzus aims to create a single dashboard for users’ financial lives.