Qapital pockets $12m for personal savings app
Swedish savings app Qapital has picked up $12m in a Series A round to further develop its personal finance platform. Read more: www.fintechroundup.com
Ginmon gains Passion Capital backing for robo-advisor
Ginmon, a Frankfurt-based robo-advisor, has raised a new round of funding led by London VC Passion Capital. The size of the round is undisclosed.
WealthTech: a FinTech buzzword overview
WealthTech is a segment of financial technology that focuses on enhancing wealth management and investing. Read more: www.finovate.com
Slack Invests in finance bot startup Sway Finance
The Slack bots will be able to provide reports on revenues and expenses at a given period of time, or show deposits, cash flows, and cash balances, among other things. Read more: www.bankinnovation.net
Airtel pilots India’s first Payments Bank
Telecoms giant Bharti Airtel has launched the first of India's new wave of 'payments banks', going live with a pilot across the state of Rajasthan. Read more: www.finextra.com
UK ‘neo bank’ Pockit hits 100K users
Pockit, the U.K.’s leading next-generation ‘bank’, today announces that it is now meeting the everyday banking needs of 100,000 customers. Read more: www.finextra.com
Atom Bank plans to raise $131m in funding next year
Atom Bank, a UK-based challenger bank backed by Spanish finance giant BBVA, plans to raise £100m ($131m) in the first quarter of 2017. Read more: www.fintechroundup.com
Moven strikes gold with TD Bank licensing extension
Digital-only neobank Moven has announced a five-year extension of its money management app tech licensing deal with Canada’s TD Bank. Read more: fintechranking.com
Freetrade pockets £1.1m on Crowdcube for stocks app
Stockbroking app Freetrade has smashed through its latest crowdfunding target to secure £1.1m in just 12 days. Read more: www.fintechroundup.com
LIQID grabs €4.5m for asset management platform
Digital asset management firm LIQID has secured €4.5m in a new round of growth capital. Berliner Volksbank Ventures joined the round as a new investor. Read more: www.fintechroundup.com