Lloyds updates on FinTech mentoring scheme
Last year, Lloyds Banking Group announced the launch of a mentoring scheme that sees FinTech startups benefit from the broad expertise of its colleagues. Read more: www.finextra.com
AMMA leads $9m round in P2P payments provider Tapp Commerce
Australia-based AMMA Private Equity has led a $9m financing round in Finnish mobile payment app Tapp Commerce.
More cash for European VC as Project A raises €180m
The capital is split into €140m for the firm’s second VC fund and a separate €40m vehicle dedicated to making follow-up investments in its portfolio companies. Read more: www.fintechroundup.com
British FinTech sector has shrugged off Brexit dip
Britain's financial technology sector has recovered from an initial dip after Britain's vote to leave the European Union, says a UK regulator. Read more: uk.news.yahoo.com
FinTech Dominates China’s Top Ten Unicorn Rankings
Half of China's ten biggest unicorns, or start-ups valued at US$1 billion or above, are financial technology firms. Read more: www.chinamoneynetwork.com
Brits expect cashless society within 20 years
More than two thirds of Brits and three quarters of Londoners think that cash will be a thing of the past in just 20 years, according to a survey. Read more: www.finextra.com
Bank Negara Malaysia’s announces FinTech initiative
Bank Negara Malaysia's Financial Technology Enabler Group (FTEG) is seeking ideas from the public on the improvements to financial services. Read more: www.crowdfundinsider.com
Indonesia’s Financial Services Authority issues first regulations
The regulations lay out minimum capital requirements, interest rate provision and education and consumer protection rules. Read more: www.natlawreview.com
London and Singapore remain world’s top FinTech hubs
FinTech hubs are popping up in cities around the world, but established players like London and Singapore continue to be the top centres. Read more: www.finextra.com
EU Commission initiative to boost FinTech and blockchain
The Initiative is hoping to bring together several factors to enable blockchain and FinTech startups to develop and grow their business across Europe. Read more: www.fintechranking.com