Bunq, a challenger bank from the Netherlands, has been fined €2.6 million due to substantial deficiencies in its anti-money laundering measures. This sanction aligns with…
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Tag: FinTech
European Tech Weekly Recap: Over €404M Invested, 91% from Top 10 Deals
Last week, we tracked more than 35 tech funding deals worth over €404 million, and over 15 exits, M&A transactions, rumors, and related news stories…
View More European Tech Weekly Recap: Over €404M Invested, 91% from Top 10 Deals
Pintarnya Secures $16.7M to Enhance Employment and Financial Services in Indonesia
Pintarnya, an Indonesian employment platform offering both job opportunities and financial services, has secured a $16.7 million Series A funding round. The investment was led…
View More Pintarnya Secures $16.7M to Enhance Employment and Financial Services in Indonesia
£125M GoFibre Funding for Rural Scotland, Valentin Stalf Leaves N26 CEO, Doncaster: UK’s Quiet AI Hub
This week, over 35 tech funding deals totaling more than €404 million were tracked, along with over 15 exits, mergers, acquisitions, rumors, and related news…
View More £125M GoFibre Funding for Rural Scotland, Valentin Stalf Leaves N26 CEO, Doncaster: UK’s Quiet AI Hub
Digital Bank Aiming at Turkish Diaspora Set to Launch in UK
A digital bank called RUUT is launching in the UK to serve the nearly one million Turkish diaspora residing there. The bank will provide retail…
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FreshBooks is Keeping Embedded Finance Seamless, and That’s the Goal
Andrew Gunner recalls late nights reconciling expenses in airport terminals between client calls and flights. As an independent consultant, he managed admin tasks on-the-go, a…
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Brex Targets EU Market Through Partnership-Driven Strategy
Brex, the US spend management platform, plans a strategic partnership-driven approach for expanding into the EU market, as per a key executive involved in its…
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Inside Nemo: Transforming Inclusive Banking Research into a Fintech Prototype in Six Weeks
A new report reveals the extent of financial exclusion for people with learning disabilities, highlighting that over a third need continuous help with daily expenses,…
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Turkish Investment App Midas Secures $80M in Series B, Marking Largest Fintech Deal in Country
Midas, Turkey’s top investment platform, has secured $80 million in Series B funding, marking the largest-ever investment for a Turkish fintech. This raises Midas’ total…
View More Turkish Investment App Midas Secures $80M in Series B, Marking Largest Fintech Deal in Country
Valentin Stalf, N26 Co-Founder, Steps Down as CEO After Investor Dispute
One of the co-founders of German challenger bank N26 is stepping down as CEO due to reported disagreements with investors over how the founders handled…
View More Valentin Stalf, N26 Co-Founder, Steps Down as CEO After Investor Dispute