London-based digital savings and mortgage platform Tembo has raised £14 million in a Series B funding round led by Goodwater Capital.

Australian startup Fresh Equities has rebranded to InvestorHub and has secured $4 million to help public companies bridge the communications gap with investors.

Jobs in the UK’s fintech sector have grown by 61% in the last year while demand for skilled workers has seen salaries rise by as much as 25% according to a recently published report.

Optimism is returning to Europe’s fintech sector, suggests new research from MHP Group which shows that more than three quarters of firms expect their business to grow in the next 12 months.

Australian Payments Plus (AP+) has selected Giesecke+Devrient (G+D) to develop eftpos Click to Pay with integrated least-cost routing (LCR), a project that is billed as a world first for online debit card payments.

UK startup Elifinty has launched its open banking-based “socially conscious” debt management platform for consumers and creditors.

The UK is looking to build on the success of open banking through the launch of a government-backed, industry-led Smart Data Group designed to unlock £28 billion in economic value across a variety of sectors.

The West Yorkshire Pension Fund (WYPF) has bought a 25% stake in Rebalance Earth, a water-related nature restoration organisation.

The Consumer Financial Protection Bureau is set to perform another U-turn, dropping an interpretive rule declaring that pay-in-four BNPL lenders should be treated in the same way as credit cards.

Emirates NBD is using Amazon Web Services (AWS) machine learning and data analytics technology to help build a “bank of the future”.

Nationwide Building Society is injecting £3 million in funding to encourage fintech startups and academics to develop Open Banking apps that can help to improve the lives of the one in four UK households who are financially squeezed – equivalent to 12.7 million people.

The round brings the application security platform and cybersecurity company’s total funding to $94 million. Led by DTCP with participation from Swisscom, IBM, Evolution Equity and Team 8, the capital will be used to strategically grow production innovation and global footprint.

Bryan Zhang, executive director and co-founder of the Cambridge Centre for Alternative Finance at The University of Cambridge Judge Business School presented research on the future of global fintech, conducted in conjunction with the World Economic Forum.