Latest Start ups News: Finextra Research

Allica Bank scores £100 million funding round

SME challenger bank Allica has raised £100 million in a Series C funding round led by growth technology investor TVC.

05 December 2022

Startup digital bank Kroo launches 2% interest bearing current account

Mobile-only UK bank Kroo has launched its flagship current account. offering customers two percent in interest on amounts up to £85,000.

05 December 2022

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Paymentology partner Tweeq obtains e-money licence in Saudi Arabia

Tweeq, a Saudi fintech, has received its e-money licence from the Saudi Central Bank (SAMA). The move is in line with Saudi Arabia’s Vision 2030 policy, which aims to position the Kingdom as a leading force in the sector.

02 December 2022

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TreeCard raises $23 million for wooden debit card

TreeCard, the provider of a wooden Mastercard debit card that channels profits from merchant surcharges into reforestation programmes, has raised $23 million in a funding round involving Peter Thiel's Valar Ventures, World Fund and EQT, Seedcamp, Episode 1 and various angels.

01 December 2022

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How Europe's biggest fintechs are formenting a new wave of startups

German neo bank N26 tops the rankings for the number of fresh startups created by former alumni, while Klarna takes the crown for the most fintech startups founded by ex-staff, according to a study by Accel and Dealroom.

30 November 2022

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Sustainable Finance Live: What is the role of risk in greening finance and financing green?

An increasing number of financial institutions are reconstructing the structure of their internal risk cycles and ESG reporting to align with ILAAP and ICAAP guidelines. Looking at the future of risk reporting in finance, head of model risk governance at Metro Bank, Suresh Sankaran discussed ESG data and risk in his Keynote: What is the role of risk in greening finance and financing green?

29 November 2022

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Sustainable Finance Live: Is sustainable finance sustainable?

Sustainable Finance Live kicked off Tuesday morning in a hybrid format, in-person and online, where leaders discussed the problem statements and solutions that are defining the sustainable finance industry today.

29 November 2022

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Atoa raises $2.2m to take on Visa and Mastercard

Atoa Payments, a UK startup using open banking to offer merchants an alternative to debit card payments, has raised $2.2 million in a pre-seed funding round.

24 November 2022

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NextGen Nordics 2023 agenda announced

NextGen Nordics will return on 25th April 2023 to Stockholm, Sweden and the timing of this event could not be better placed.

23 November 2022

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SMB banking startup Novo raises $35m

Novo, a digital-only bank for US small businesses, has topped up its Series B funding round with a $35 million investment from GGV Capital.

23 November 2022

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Anti-woke banking startup GloriFi shuts down

GloriFi, an "anti-woke" fintech startup backed by, among others, Peter Thiel, is shutting down weeks after launching its app after failing to secure funding.

22 November 2022

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UK Chancellor’s plan to turn UK into the ‘next Silicon Valley’

In last week’s Autumn Statement, Jeremy Hunt, chancellor of the exchequer, outlined a number of priorities which will likely impact UK fintech.

22 November 2022

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