Plum nabs $500,000 for savings chatbot
Facebook Messenger-based chatbot Plum has raised $500,000 in a seed round of funding led by 500 Startups' microfund. Read more: www.fintechroundup.com
Atom Bank announces £83m from BBVA with more on the way
The round takes Atom’s total funding to £219m and values the Durham-based company at £261m and gives BBVA a 29.5% stake in the business. Read more: www.fintechroundup.com
FinTech robo advisor launches aimed at women in Asia
The Asian FinTech market is taking off according to Gina Heng, who has launched a FinTech platform aimed at helping women to manage their finances. Read more: www.cryptocoinsnews.com
UK challenger bank Masthaven opens for business
Online-only Masthaven bank is promising an alternative to the one-size fits all approach of conventional banks as it opens its doors to customers in the UK. Read more: www.finextra.com
Sberbank launches machine learning-based assistant
Russia's Sberbank has introduced an online personal assistant that uses machine learning to provide customers with useful advice. Read more: www.finextra.com
Soldo launches multi-user spending account for families
London fintech startup Soldo — founded by Carlo Gualandri — is launching a multi-user spending account. Read more: www.techcrunch.com
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
DriveWealth expands APIs to support investment advisors
DriveWealth, a New Jersey startup providing retail investors and ordinary consumers with access to the US stock market, is expanding its APIs to cater to investment advisors.
UK challenger banks: who’s who
With so many new entrants trying to muscle into the UK banking sector, Banking Technology has put together a comprehensive list of the known challengers. Read more: www.bankingtech.com
Starling Bank strikes money transfer deal with TransferWise
TransferWise will provide money transfer services to customers of digital bank Starling when it launches later this month. Read more: www.ft.com