Latest Personal finance News: Finextra Research

Finanzguru raises €13 million in a funding round led by PayPal and Scor Ventures

German financial management app Finanzguru has raised €13 million led by new investors Scor Ventures and PayPal Ventures, with participation from existing backers including Deutsche Bank, coparion, VR Ventures, Hannover Digital Investments, Venture Stars and former Postbank CEO Frank Strauss.

05 April 2023

News/retail

Acorns buys GoHenry

American savings and investment app Acorns has acquired British kids' money management company GoHenry. Financial terms of the deal were not disclosed.

03 April 2023

News/retail

BofA financial planning tool proves a hit

More than 10 million customers have used Bank of America's financial planning tool, Life Plan, since its launch two and a half years ago.

31 March 2023

Research/Personal financeImpact Study

How banks can expand the omnichannel for virtual signing experiences

31 March 2023 190 downloads

Company update/retail

Greenlight launches tool to help banks provide youth financial literacy

Greenlight Financial Technology, Inc. ("Greenlight"), the fintech company on a mission to help parents raise financially-smart, independent kids, today announced Greenlight for Banks, a family banking solution designed for banks and credit unions.

29 March 2023

News/retail

Spanish fintech ID Finance raises €30 million

Spanish alternative lending platform ID Finance has closed a €30M equity round led by Kingsway Capital.

22 March 2023

News/startups

Smart money app Snoop explores sale - Sky

Snoop, the money-saving app founded by former Virgin Money boss Jayne-Anne Gadhia, has called in bankers to explore a possible sale, according to Sky News.

22 March 2023

Company update/retail

Tandem partners with money saving fintech Snoop

Tandem Bank, the UK’s greener digital bank, has today announced its partnership with Snoop, the award winning money saving fintech.

09 March 2023

News/retail

Innovate Finance calls for expanded open banking to help with cost-of-living crisis

Fintech industry body Innovate Finance has called on regulators to extend open banking to support the deployment of budgeting and affordability algorithms as a way to help Brits with the cost-of-living crisis.

03 March 2023

Company update/startups

Step moves into stock investing

Step, the all-in-one financial platform for the next-generation, has launched stock investing, was named FinTech Trailblazer and winner of Nasdaq Data Link and FinTech is Femme’s contest.

02 March 2023

Company update/retail

Budgeting App ‘Buddy’ taps Klarna Kosma for bank transaction monitoring

Buddy, one of the world’s most popular budgeting apps for young people, has partnered with Klarna Kosma, Klarna's financial technology platform for banks, fintechs and innovative retailers, to allow Buddy users to connect their bank to automatically and seamlessly track expenses for greater budgeting accuracy and efficiency.

02 March 2023

Company update/retail

Revolut launches in-app cashback feature

Revolut, the global financial superapp with more than 27 million customers worldwide, and more than 6 million in the UK, launches a savvier way to shop where customers earn cashback from their favourite retailers.

24 February 2023

Company update/retail

Douugh touches down in Australia

Douugh Ltd, (ASX: DOU) the fintech company dedicated to helping people take control of their finances, is delighted to announce the official launch of its micro-investing product, created for all Australians to build long-term wealth on autopilot.

20 February 2023

News/startups

Egypt's Copal launches money app for families

Egyptian fintech Copal has unveiled the country's first payments and expenses management app for families.

15 February 2023

Company update/people

Joel Neoh departs Fave as CEO

Fave, a leading consumer fintech platform in Southeast Asia has announced that its Founder and Chief Executive Officer, Joel Neoh will leave from his role by early March 2023.

14 February 2023

News/retail

NatWest to buy majority stake in workplace pension and savings app Cushon

NatWest is to spend £144 million to aquire an 85% majority stake in workplace savings and pensions fintech Cushon.

13 February 2023

Company update/retail

UK credit management appIncredible introduces VRP with TrueLayer

TrueLayer, Europe’s leading open banking platform, has today announced a partnership with the UK credit management app Incredible, which will now provide variable recurring payments (VRPs) for its customers.

07 February 2023

Company update/retail

MPs back Tandem Bank financial education programme

Local Blackpool MPs, Paul Maynard and Mark Menzies, have celebrated the launch of a new financial education programme aimed at helping young adults around Blackpool and the North West improve their financial literacy and make informed decisions about their money.

31 January 2023

News/payments

Klarna introduces Spotify-style 'Money Story' overview

Klarna has taken a leaf out of Spotify's playbook with the launch of Money Story, a a personal summary of 2022 that provides consumers with useful insights into their spending habits

25 January 2023

Company update/retail

Plum releases its personal finance app in five more European countries

Plum, the smart European money app, is today announcing its launch in five new European countries: Italy, Portugal, the Netherlands, Greece and Cyprus.

24 January 2023