Digital Wallets are now the most popular payment method in the World
The big news this year was a surge in digital wallet spending, which became the most popular payment method for e-commerce and POS transactions.
London-based fintech Pollinate raises $50 million in Series C round
London-based fintech Pollinate has closed a $50 million Series C round to propel further expansion in existing markets and into North America.
Bottlepay launches Twitter Bitcoin payments feature
New digital payments app Bottlepay, which launched last month, has launched a new feature allowing people to send and receive Bitcoin via Twitter.
New fintech combining banking and wealth management Ikigai launches in the UK
Ikigai, a new fintech offering wealth management and e-money accounts, has launched in the UK.
TrueLayer teams up with self-employed-focused pension provider Penfold
Self-employed pension provider Penfold has joined forces with TrueLayer, becoming the financial API provider’s latest partner.
New payment platform BOPP launches, giving power back to UK businesses and consumers
New payment platform BOPP uses Open Banking to facilitate immediate, secure payments directly from one bank account to another.
UK trading platform eToro to go public in $10bn SPAC deal
Trading giant eToro has confirmed reports that it is due to list via a $10bn SPAC deal. The Israeli fintech announced it would go public at a valuation of $10.4bn after merging with FinTech Acquisition Corp. V (FinTech V), a publically-traded SPAC run by American businesswoman Betsy Cohen. A SPAC (special-purpose acquisition company) is a way for companies to go public without going through all the hassle and expense of an IPO (initial public offering). Cohen founded Bancorp, a bank holding company based in Minneapolis, in 1999 and subsequently FinTech V, which raised $250m when it listed on the NASDAQ in December 2020. As part of the deal, eToro will […]
Australian investors lag behind the global trend for passive funds and are playing catch up on ESG, Calastone research shows
The shift in investor preference for passive funds over active funds continued inexorably over the last two years, Calastone research shows.
