/crypto
The Financial Conduct Authority has fined a Coinbase unit £3.5 million for enabling crypto trading services for high-risk customers.
25 July 2024
/startups
UK-based pensions fintech Jarvis has raised £1.8 million in seed funding in a round co-led by Ascension VC and Cornerstone VC, with participation from Tokio Marine Future Fund.
/markets
Berlin-based private markets platform bunch has closed a $15.5 million Series A
/regulation
Revolut's long-term quest to gain a UK banking licence is over, with the Prudential Regulatory Authority granting the licence with restrictions.
A new fintech "acceleration partner" chaired by Atom and Metro Bank co-founder Anthony Thomson has added its first two portfolio companies, backing SME banking and payments firm wamo and climate-focused outfit ekko.
/ai
Trading and investing platform eToro is launching an AI-generated advertising campaign for the Paris Olympics.
/inclusion
Egyptian fintech unicorn MNT-Halan is prepping regional expansion after securing around $157.5 million in funding.
/retail
UK neobank app users are on track to surpass legacy banks for the first time by Q1 2025, according to research conducted on the Google Play Store by SplitMetrics.
The Bank of Israel has assembled 14 teams from the private sector, the public sector, and academia to study potential use case for a digital shekel.
24 July 2024
Banks and building societies will need to weigh up if local communities lack access to cash services, like branches and ATMs, and plug significant gaps, under new rules from the Financial Conduct Authority (FCA).
UK challenger bank Monzo is further diversifying its product range with the launch of a new pension conolidation product that tracks down old pensions and brings them into one fund in the Monzo app.
Italy's UniCredit has entered into a binding agreement to acquire the entire share capital of European Banking-as-a-Service platform Vodeno and Belgian digital bank Aion.
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