Funding Circle has perhaps started 2017 in a better way than most. The London-based lending platform that connects small businesses with investors has raised $100m (£82m) in equity investment.
It’s no secret that customers increasingly prefer to use mobile banking apps to manage their cash ‘on-the-go’ over online banking.
The increase of ATMs installed away from bank branches is being driven by factors including banks' efforts to be more cost-effective, and the rise of independent ATM deployers, new research from RBR suggests.
IZettle, Square's European rival, has raised €60m ($63.4m) in new funding and has also appointed a new CFO, Maria Hedengren.
University of Strathclyde has launched, what it claims to be the first Financial Technology focused course in the UK. The degree will be an intensive 12-month Masters that will start from September 2017.
Clarity Money, the brainchild of venture capitalist Adam Dell, is a new personal finance app that uses AI and data science to save users money by finding better-priced energy bills, cancelling subscriptions and provide tailored suggestions on things such as credit cards.
Monese, the mobile-only bank aimed at European customers who may struggle to open a bank account in the UK via traditional means, has raised $10m in Series A funding round.
A group of Chinese companies and state-owned businesses are partnering to create a new $1.5 billion fintech fund that will focus on mergers and acquisitions, and nurturing fintech enterprises in China.
Moneybox, the smartphone app aimed at getting millennials investing, has launched its service for Android phones, which can be downloaded on Google's Play Store.
Jonathan Quin, co-founder and CEO of World First, explores how established financial institutions and newer fintech disruptors stand to benefit from collaborating with one another in the fast-moving financial services sector.