Tandem Bank has acquired Loop, a money sharing app co-founded by the bank’s chairman Paul Pester.

The Consumer Financial Protection Bureau (CFPB) has announced its suit against Climb Credit and its largest shareholder 1/0 for misrepresenting the quality of its training programmes at partner schools.

Barclays and Citi have co-led a $7 million seed funding round in deal intelligence platform Claira.

Open banking fintech Bud has signed a deal with the Nordic eco-payments firm Enfuce to bring its ‘My Carbon Action’ product to the UK.

Andrew Smith, ClearBank founder and former CTO, has launched his next venture, Sporta. Its first Crowdcube funding round values the startup at £35 million pre-money.

Super.com, an all-in-one savings platform, has raised $85 million in debt and equity to help it build out a WeChat-like super app.

Conquest Planning, a wealth advisory firm for retail and HNW investors, has raised $80 million in growth equity backed by a host of venture investors from major US banks.

Pomelo, an Argentinian payments infrastructure firm, has raised $40 million in a Series B funding round led by VC Kaszek.

European challenger bank bunq has been approved by US regulator FINRA to act as a broker dealer in the US market.

Cambodia has become the latest country to launch a national body designed to foster more fintech collaboration with the launch of the Cambodia Fintech Association (CFA).

Australian banks and their internal audit teams need to pay more attention to the risks posed by legacy technology and an over reliance on a select number of cloud providers, according to the industry’s watchdog.

Private equity giant Blackstone has confirmed a £10 billion investment in an AI data centre in the North East of England, creating around 4000 jobs.

RailsBank, Toqio, and Mastercard have partnered with fintech platform HealRWorld, to deliver a corporate debit card that rewards sustainable businesses and promotes their commitment to the UN’s Sustainable Development Goals (SDGs).

Agricultural challenger bank Oxbury has raised £20 million to continue the development of its proprietary AgTech core platform.

Research by wealthtech provider, Nucoro, shows that only 8% of people believe a robo-adviser would provide the best returns on their money.