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Revolut chief information security officer has left less than two months after joining the digital bank. Dinis Cruz will leave the bank this month, after joining the London-based fintech last month. A company spokesman said: “We can confirm that Dinis Cruz will be leaving Revolut in November by mutual consent and we are currently in…
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eToro, a leading “social trading and multi-asset brokerage company,” has just purchased Delta, a cryptocurrency portfolio tracking application. Reported by TechCrunch, this news marks eToro delving even more into the cryptocurrency space, with it recently launching a cryptocurrency wallet and trading service. As of now, we don’t know how much the deal was worth, but…
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Revolut has launched credit cards in two distinctive colours, the latest salvo in the style war between fintech banks to attract lucrative young customers. The British-based start-up, with seven million accounts, has introduced two new metal cards in silver and space grey, which customers can order from their apps from today. These two new colours…
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A US credit white label credit card business has raised $50m from investors, led by Goldman Sachs. California-based Deserve – which uses machine learning to provide bespoke cards for consumer brands to universities – was backed by a range of investors including Sallie Mae, Accel and Aspect Ventures. The fintech said it will use the…
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Seedrs launches upgrades to its secondary market this morning that it hopes will double trading on the crowdfunding platform. The London-based fintech will allow investors continual access to trading information on the 350 firms it holds in its portfolio, allowing investors to research companies before Seedrs’ trading window opens. Currently, the fintech’s secondary market only…
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Paidy has raised $143m from PayPal and a range of backers as the Japanese instant credit start-up plans to add new services and attract more customers. The fintech, launched in 2014, completed a $83m Series C funding, that also included backing from Soros Capital Management, run by billionaire George Soros. Other backers include JS Capital…
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Business lending fintech Become has raised $12.5m as it bids to become “the Expedia of business loans”. The Israeli start-up completed a Series A funding round led by venture capital firms, Benson Oak Ventures and Magenta Venture Partners. The business lending marketplace said it will use the cash to add new services, expand internationally and…
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The boss of the British Business Bank will step down after eight years in charge of the lender charged with boosting the country’s small firms. Keith Morgan (pictured) will step down as chief executive of the government-owned bank at the end of next year. Under Morgan the bank said it now supports more than 90,000…
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Digital lending start-up Koyo has raised $4.9m for its plans to sell loans to new migrants and people with thin credit histories. The London-based firm said up to eight million people in the UK “lack enough credible credit data to be considered for traditional borrowing options”. This leaves these customers facing high borrowing costs from…
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The People’s Bank of China, otherwise known as the country’s Central Bank, is going in on blockchain to some degree, we’ve learned from documents from the country. Essentially, the regulatory body there is looking to certify all sorts of products that take advantage of the technology among other emerging FinTech. This certification will be aptly named…
