Latest Personal finance News: Finextra Research

Chip crashes Crowdcube servers

Money Management app Chip opened its crowdfunding round to the general public Thursday and managed to crash Crowdcube's servers as the cash rolled in, hitting £7 million from an initial target of £1 million.

07 October 2021

News/retail

BofA's financial planning tool proves a hit

A year after launch, Bank of America's digital financial planning tool, Life Plan, has attracted more than five million users.

06 October 2021

News/payments

Westpac extends digital gambling block feature

Westpac has extended its digital gambling block feature to two million debit card customers of its St George, BankSA and Bank of Melbourne subsidiaries.

04 October 2021

News/security

RBC rolls out spending forecasting tool

Royal Bank of Canada has added a forecasting feature to its artificial intelligence-powered budgeting tool, Nomi.

24 September 2021

News/payments

PayPal adds savings to revamped super app

PayPal has given its app a major overhaul, adding a savings account and new in-app shopping tools and messaging features.

21 September 2021

Company update/retail

Fineo to implement Open Banking technology from Nordigen

UK-based personal finance management platform Fineo partnered with European open banking company Nordigen to leverage open banking technology.

21 September 2021

News/startups

Credit building firm Self raises $50m

Self Financial, a fintech startup promising to help Americans build their credit while also saving money, has raised $50 million in a Series E funding round led by Altos Ventures.

16 September 2021

News/retail

Plum bids to triple valuation on latest crowd round

Money management app Plum is aiming to triple its valuation with the launch of a crowdfunding campaign at the end of September combined with a raise via institutional investors.

15 September 2021

Company update/payments

ICICI Bank customers can now manage credit cards of any bank with mobile app

ICICI Bank today announced that it has enabled millions of its savings account customers to pay and manage dues of credit cards of any bank instantly using the Bank’s mobile application ‘iMobile Pay’. The customers can add credit cards of any bank to the app within a few seconds and thereafter pay and manage their dues from the same app. It offers improved convenience to customers, who typically use multiple credit cards, by providing them a one-stop solution for managing all their cards with ease, in a safe and secure manner.

06 September 2021

News/people

AIB prioritises financial literacy with skills programme for 12-18-year-olds

In an effort to support 500,000 customers with their financial literacy, communication, critical thinking, and digital innovation by 2023, AIB has launched a skills programme for 12-18-year-olds called Future Sparks.

06 September 2021

Company update/startups

TISAtech launches the FinTech Club

TISAtech FinTech Club is a global digital platform that connects FinTechs with financial firms to amplify their reach and position through support and access to development tools of official FinTech Club industry partners’ infrastructure, including Amazon, R3, WeWork and FinTech North/West.

01 September 2021

News/retail

Indonesian BNPL giant Kredivo enters Vietnamese market

Kredivo has today revealed its market entry into Vietnam through a Joint Venture with family investment office Phoenix Holding.

27 August 2021

Company update/retail

Moven strikes deals with first community banks

b1BANK ($3.9 billion AUM) and Citizens Bank of Edmond ($350 million AUM) are the first community banks in the US to build out challenger solutions using Moven’s financial wellness platform, placing the two forward-thinking banks at the vanguard of personalized digital banking.

26 August 2021

News/retail

NatWest launches app to help renters spilt shared bills

NatWest has developed an app called 'Housemate' that helps renters living in shared housing split and pay their bills.

24 August 2021

News/retail

VTB issues debit cards for children

The second largest bank in Russia, VTB, has just announced that it is offering free debit cards to children from 6 years old, in a bid to improve financial literacy at a young age.

23 August 2021

Company update/retail

MX partners Goalry to help people reach financial goals

MX, the financial data platform and leader in modern connectivity, today announced it is helping Goalry, a finance platform and "virtual goal mall," to enable its customers to take control of managing their financial lives.

19 August 2021

News/crypto

Liti Capital to finance ‘landmark’ case against Binance

Proceedings against Binance will be brought in the Hong Kong International Arbitration Centre by a group of disgruntled Binance customers who were unable to trade on the platform during this year’s infamous May 19th crypto crash.

19 August 2021

News/startups

Hapi launches app to help families invest for children's future

UK startup Hapi has launched an app designed to help parents plan and invest for their children's future.

17 August 2021

Company update/startups

Fintech startup iSpent19 launches money management app

iSpent19 is thrilled to announce the launching of its new money management App intended to provide UK users with a new way of monitoring and managing their money through transaction personalisation and sharing.

16 August 2021

News/payments

RBC Ventures rolls out app for kids

Canada's RBC Ventures has developed a money management app and prepaid card that helps kids make their own earning and spending decisions.

13 August 2021