Vanquis Banking Group acquires money saving app Snoop
Vanquis Banking Group has acquired Snoop, the money saving app founded by former Virgin Money boss Jayne-Anne Gadhia.
Westpac rolls out ‘panic button’ for customers who think they’ve been scammed
In its latest move to stop scammers, Westpac is to introduce SafeBlock, a new feature that allows customers to block their accounts and cards in an instant via the app or online banking.
Inside Agora Data’s new ‘capless’ forward-flow deal
Consumer fintech Agora Data has established an evergreen forward-flow deal with powersports lender Model Finance Company following a Feb. 25…
Strands and Doconomy partner to provide climate impact PFM tools
Mastercard-backed carbon tracking app Doconomy is collaborating with fintech software developer Strands to offer consumers climate impact and personal finance management products.
Experian: Stronger credit consumers opting for shorter terms
It’s not uncommon for consumers with softer credit scores to seek the longest contract terms possible to get a manageable monthly payment. Conversely, Experian is seeing consumers with strong credit scores ask for shorter terms to offset rising interest rates. … [Read More]
Swiss fintech startup nsave secures $18 million Series A
Swiss fintech startup nsave has raised $18 million in a Series A investment round led by TQ Ventures, with participation from Sequoia Capital, Y Combinator, ACE Ventures, and Proton Foundation.
Christine Lagarde’s son burned by crypto speculation
No fan of crypto investing, ECB president Christine Lagarde has revealed that her son ignored her warnings about the risks associated with trading in virtual currencies and consequently lost a significant chunk of his earnings in the market.
Lenders recruit for sales, IT roles
With an eye toward expansion, auto lenders are scouting sales and IT staff as the need for collection personnel wanes. …
Prime borrowers opting to finance older used vehicles
Prime consumers are increasingly turning to older used vehicles for lower monthly payments as affordability remains a priority. In 2024,…
Capitolis scoops $20 million investment from Wall Street elite
Capital markets tech provider Capitolis has received strategic investements from Citi, Morgan Stanley, State Street and UBS.
Big banks pump $26 million into investor communications platform Proxymity
Investor communications platform Proxymity has secured $26 million in financing from existing investors, including BNP Paribas, BNY, Citi, Clearstream, Computershare, JPMorgan and State Street.
London-listed Gresham to be bought by STG Partners
London-listed fintech Gresham Technologies has agreed to be bought out by a private equity firm in a cash deal worth £146.7 million.
Vesttoo files for bankruptcy protection
Crisis-hit fintech Vesttoo has filed for Chapter 11 bankruptcy protection.
Trump says tariff rates could be up to 70% as letters ship out
As the 9 July tariff deadline looms, US President Donald Trump has said that rates could be up to 70% for certain counties.
Citi tests tokenisation of private funds
Citi has joined forces with Wellington Management and WisdomTree to explore the tokenisation of private markets.