Zopa has received a UK banking license, paving the way for the peer-to-peer lending pioneer to launch a brand-new suite of financial products built on proprietary technology.

Arteria AI, a document and contract management spin out from Deloitte, has raised $30 million in an oversubscribed Series B funding round led by GGV Capital US.

The Bank of England is to launch a Digital Pound Lab as it sets out its blueprint for the design phase of a future Britcoin.

A new educational investment platform for UK teens, called tendy, is teaming up with WealthKernel to power its investing services.

Having finally secured its UK banking licence, Revolut is hiring staff and testing its systems as it aims to move millions of customers to its new bank entity this summer.

Finnish neobank Saldo Bank has commenced operations in Sweden, offering interest rates of as much as 5% for a year’s deposit.

Invesco is to consolidate five disparate software businesses acquired over the past few years into a single financial advisory technology unit, Intelliflo.

Revolut has added an extra layer of in-app identity verification designed to protect customers who have had their unlocked phone stolen, or password and face recognition compromised.

Latin American payments orchestration platform Yuno has set its sights on Europe and Asia after securing $25 million in funding.

Lithuania has fined crypto outfit Payeer a record EUR9.3 million for Russia-related sanction violations and money laundering failures.

BNP Paribas, the French Public Investment Bank Bpifrance and the European Investment Bank have joined a €40 million funding round in climate data and analytics startup Kayrros.

After a six year hiatus, Stripe is returning to crypto, allowing merchants to accept stablecoins for online payments.

Innovate Finance held an event this week to launch their ‘Capital Investment in UK FinTech in 2023: Insights and Trends’ report, ahead of their Global Summit in London in April.

Southeast Asian digital bank digital bank Yup has raised $32 million to build the region’s version of Brazilian giant Nubank.

Crypto-focused German bank Nuri has staged a comeback from insolvency, relaunching with a streamlined service under its original name, Bitwala.