Latest News Hot off the Press

February 27, 2020

Monzo co-founder and CEO Tom Blomfield.

Monzo CEO Tom Blomfield perches himself on a chair, leaning back on it playfully. He’s just returned from a friend’s wedding in Guatemala and looks refreshed.

“The weather was great, it was absolutely lovely,” Blomfield says. “Back to Earth with a bump now.”

He’s sat in a glass meeting room at the app-based bank’s London headquarters, which is within walking dis...

February 18, 2020

FinTech LendingClub is purchasing Radius Bancorp for $185 million in cash and stock, according to a report by CNBC.

LendingClub provides personal lending online, and it wants access to funding that is more stable and not as expensive. Radius is based in Boston and has in the neighborhood of $1.4 billion in assets. The bank is one of a few smaller lenders that has teamed up with F...

February 17, 2020

By: Daniel Webber 

  • Prestigious list from Forbes places Ripple high in terms of valuations

  • In 2019 the firm sold $500 million of XRP, using proceeds to expand and invest $50 million in MoneyGram, which now uses XRP in 10% of its cross-border transactions to Mexico”, said Forbes

  • And the list also explored other issues and firms, such as rising valuations and digital banking

US cross bo...

February 10, 2020

San Francisco-headquartered HouseCanary, a Fintech firm focused on providing a real estate analytics solution, has secured $65 million through a growth funding round led by Morpheus Ventures, Alpha Edison, and PSP Growth. Following HouseCanary’s latest investment round, the firm’s total funding (to date) stands at $130 million.

Jeremy Sicklick, co-founder and CEO at HouseCanary, said that the firm’s...

February 10, 2020

Nigerian fintech startup Aella has raised a $10m debt financing round from Singapore-based HQ Financial Group (HQF). This debt financing round is Aella’s second raise and will bolster the company’s commitment to serve the underbanked population in West Africa and other emerging markets.

Aella was founded in late 2015 by Akin Jones, CEO and Akanbi Wale, CTO in Lagos, Nigeria and has remained committe...

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