WEALTHTECH

Varo Money CEO and Cofounder Colin Walsh, says that the future of banking, for millennials in particular, lies not in branches but in bots who become money coaches. Read more: www.pymnts.com

Banking major Santander has doubled the size of its fintech venture capital fund Santander InnoVentures with a $100m injection of fresh capital.

Danish banking app Lunar Way is aiming to build a banking experience for the “Snapchat generation”. The startup offers a mobile banking app. Read more: www.fintechroundup.com

Australia-based banking tech provider Rubik has signed wealth management company Yellow Brick Road (YBR) for its scaled advice solution, Provisio. Read more: www.bankingtech.com

Following an exciting year, which involved an epic Crowdcube campaign and name change, digital bank Monzo shared more details about 2016’s successes. Read more: www.crowdfundinsider.com

The bank says it will deepen its cooperation with Ant Financial and Shenzhen Tencent in internet and mobile finance. Read More: ww2.cfo.com

Most understand the threat to profit margins but few use fintech to their advantage. Read more: financialadvisoriq.com

Swedish retirement robo-advisor Pensionera has raised €1.2m after winning Optimizer Invest’s startup competition. The deal values the company at €8m. Read more: www.fintechroundup.com

Pay by Bank app has announced a partnership with Starling Bank that will launch its market leading mobile payments service to Starling Bank's customers. Read more: www.finextra.com

A "nirvana moment" at Octopus Group has seen it become the latest established firm to launch an in-house tech incubator to keep pace with disruption in the industry. Read more: www.fintechroundup.com