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BHNV Capital is a venture seed investment fund for both fintech and peer-to-peer (P2P) businesses and technologies. Read more: www.financemagnates.com
UK robo-advisers have come under attack in a scathing new report, which alleged their current business models were unsound and they could be breaking regulatory rules.
Read more: www.professionaladviser.com
Financial services-focused online form software business Avoka has picked up $12m of investment to expand out from its Australia and London bases.
ZuluTrade adds AETOS Capital Group UK to its list of collaborating brokers. Read more: www.financemagnates.com
Fintech startup Invoice Cycle has closed a $4m seed funding round led by German phone directory business Mueller Medien group.
The Bank of England announced the launch of a new Fintech Accelerator on 17 June looking to support businesses able to help it innovate central banking.