This week the savings platform Chip breaks records with its crowdfunding round held on Crowdcube. Meanwhile, Plaid, the open banking company, has released a report revealing that more people use financial technology than video streaming services or social media. Read on for more insights from this research as well as a breakdown of new product launches from Credit Kudos, ilumoni, and GoHenry.
Author: Magdalena Grzelak
This week the news is all about open banking. From a new Unicorn company through illuminating findings on the EU bankers’ attitudes to the UK’s largest seed round of any open banking startup. Apart from that, we’re taking a look at an SME challenger bank, a partnership built around cryptocurrency, and a study on embedded finance. Read on to get the full story.
This week in FinTech news we have exciting new launches in the realms of cashless credit, cross-border payments, and cashback initiatives. Besides that, a recent study has listed 10 top investment apps in the UK, some of which have scored over 80% increase in new users since March 2020. Get more details below!
According to the 2021 Global FinTech Rankings New York City is the third most thriving FinTech hub in the world. Innovative ideas find plenty of talent and business opportunities here to transform into successful products. Proximity to venture capital and tech-focused communities surely doesn’t hurt, either. Still, you might wonder: which startup accelerators in NYC are best to help you jumpstart your FinTech business? Read on to find out!