Latest Personal finance News: Finextra Research

Company update/retail

Moneyhub and Pennyworth announce digital banking alliance

Moneyhub, the market-leading Open Data and payments platform, is partnering with Pennyworth, a financial planning and banking app, to redesign digital banking for the aspiring-affluent consumer.

21 July 2022

Company update/retail

Plum launches in Belgium

Plum, the smart European personal finance app, is today announcing its launch in Belgium.

19 July 2022

News/inclusion

Mexican startup becomes latest unicorn

A Mexican startup has become the latest fintech to gain unicorn status.

18 July 2022

News/crypto

Plaid adds crypto strings to its bow

Plaid has announced that major crypto exchanges including Binance.US, Gemini, Robinhood, and SoFi, are now available on their network. Support for additional platforms, including Blockchain.com and BitGo is planned for later this year.

15 July 2022

Company update/retail

Wealth Wizards develops financial wellbeing application for Royal London

Wealth Wizards has developed a consumer-led financial wellbeing application for Royal London to help more than 1.5 million new and existing workplace pension customers with their finances.

12 July 2022

News/payments

Zip closes money management app to 'reprioritise' BNPL

Australian buy now, pay later firm Zip, is closing Pocketbook, the money management app it bought for A$7.5 million in 2016, in order to focus on a core business facing up to a faltering economy.

12 July 2022

News/retail

Monument CEO Ian Rand on the mass affluent lending revolution

UK digital bank Monument takes advantage of new opportunities emerging in digital banking by focusing on providing complex services backed by new technologies. Finextra spoke to CEO Ian Rand to explore the new services the bank is developing, the future of financial services, and catering to the mass affluent.

01 July 2022

Company update/Personal finance

Cleo confirms $80 million fundingg round

Cleo has announced its $80 million Series C funding round as it seeks to double-down on the US market and help Gen Z audiences improve their financial health and wellbeing.

29 June 2022

Company update/retail

Gatehouse Bank introduces new savings app

Gatehouse Bank has today launched a mobile app, available on iOS and Android, to support customers in managing their personal savings accounts.

29 June 2022

News/retail

NerdWallet to buy On the Barrelhead

American personal finance outfit NerdWallet has agreed to pay $120 million to buy On the Barrelhead, a platform that provides consumers and SMBs with credit-driven product recommendations.

27 June 2022

Company update/startups

Beanstalk surpasses crowdfunding target

Beanstalk, the family app that invests for your kids, has exceeded its crowdfunding target with new investments taking the company into overfunding ahead of the funding round closing on 29 June 2022.

24 June 2022

News/retail

Forrester identifies incumbents at forefront of mobile banking

Forrester Research has released a report analysing 13 different mobile banking apps across EMEA on user experience and functionality, concluding that Intesa Sanpaolo and BBVA lead in both accessibility and efficiency.

24 June 2022

News/retail

Cleo raises $80m for money management bot

British AI-based personal finance chatbot Cleo has hit a $500 million valuation thanks to a an $80 million funding round, according to Sky News.

21 June 2022

Company update/wealth

Wealth Wizards releases financial wellbeing app

Wealth Wizards has launched a new software solution, Turo Wellbeing, aimed at enabling advice firms, life assurers, banks and building societies to help consumers improve their financial wellbeing and plan for a more prosperous retirement, against a backdrop of soaring living costs.

21 June 2022

Company update/Personal finance

Douugh nears launch of financial ‘super app’ in Australia

Douugh Ltd (ASX: DOU), the financial ‘super app’ on a mission to help customers spend mindfully, save more and build long-term wealth is pleased to announce it has launched into Beta in Australia.

20 June 2022

Company update/wealth

Fidelity partners with Canadian fintech Conquest to support advisers

Fidelity International has partnered with Canadian FinTech company, Conquest, as the exclusive distributor of its financial planning software, ‘Conquest Planning’ to the UK independent advice market.

27 May 2022

Company update/retail

Workplace savings fintech Cushon releases retirement poverty research

New research commissioned by Cushon, the fintech workplace pension and savings provider, has revealed that nine in ten of people are struggling to make ends meet – with only one in ten (10%) saying they don’t have any financial concerns - raising fears around people’s financial future as well as their present.

27 May 2022