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Ratesetter raised £20 million in a new round of funding from Artemis and Woodford Investment Management, as well as previous shareholders Ken Costa and Charles Peel.
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Microsoft rumoured to be stepping into the mobile payments fray after setting up a new company in the US with a money transmission license.
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Royal Bank of Scotland Group PLC investment bank chairman Rory Cullinan will leave the lender next month after a disagreement over the bank’s strategy.
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Canadian financial technology firm D+H will acquire global payment services provider Fundtech in a $1.25 billion cash deal.
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Hong Kong is setting up a FinTech steering group to advise its government on how to develop the region into a FinTech hub.
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