Simple’s move to new bank API leaves some customers stranded
Simple, the Portland-based branchless bank founded in 2009, has discovered that moving accounts to its parent bank’s API is not that simple. Read more: paybefore.com
Robo advisor Wealthfront launches line of credit
Robo-advisor pioneer Wealthfront must know that opposites attract: in this case, it’s saving and investing. Read more: finovate.com
Online marketplace Raisin passes €3bn in investments
Raisin, the online marketplace for savings products, counts more than €3 billion in investments done on the platform. Read more: www.crowdfundinsider.com
Orange peels open mobile-only bank
French telecoms firm Orange has launched its mobile-only bank as it looks to tap into its current customer base. Read more: www.bankingtech.com
Irish investing app Rubicoin pockets €1.4m
Irish investing app maker Rubicoin has secured a €1.4m funding round from Enterprise Ireland and investment advisor Motley Fool. Read more: www.fintechroundup.com
Canadian robo-advisor Nest Wealth picks up $6m
Toronto-based automated wealth advisor Nest Wealth Asset Management has raised $6m from the National Bank of Canada. Read more: www.fintechroundup.com
Can challenger FinTech banks achieve scale?
Challenger FinTech banks will need to achieve scale to maximize cost and feature benefits against legacy banking organizations. Read more: thefinancialbrand.com
Why is will.i.am advising this UK FinTech startup?
Atom Bank is an app-only bank based in Durham, England. Read more: thenextweb.com
Starling to launch Pay by Bank app
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
Pockit swipes £2.9m for inclusive mobile banking
Mobile banking startup Pockit has picked up £2.9m in new funding as it introduces a remittance service from the UK to Italy and Poland. Read more: www.fintechroundup.com