TrueLayer raises US$70m to build the world’s most valuable Open Banking network
TrueLayer on its mission to open up finance, building an open banking network that brings together payments, financial data, and identity to redefine how people spend, save, and transact online.
Aussies invest more than $545 million in Raiz Invest during the pandemic
Standard Chartered turbocharges digital payments proposition with investment and the merger of CurrencyFair with Assembly Payments
CurrencyFair and Assembly Payments today announce their merger as a result of a strategic investment by Standard Chartered, subject to regulatory approval.
EML acquires Sentenial Group & enters the Open Banking market in Europe
EML has entered into a binding agreement to acquire 100% of Sentenial Group for €70 million upfront, plus an earn-out component of up to €40 million.
SMSFs looking to ride the cryptocurrency wave
Cryptocurrency is proving to be an attractive option for many SMSFs that have done their research and are comfortable with the risk.
Robo-advice prospering with younger generations
Robo advice is growing in Australia particularly among younger generations who lacked sufficient savings to enter the traditional share market.
Wisr makes strategic investment in European financial wellness fintech platform Arbor
Wisr announce today it has executed a term sheet to invest, via a convertible loan structure, in European financial wellness fintech platform, Arbor.
Airwallex’s latest US$100 million capital raising puts valuation at US$2.6 billion
Airwallex announced that the company’s valuation has increased to US$2.6 billion with a capital raising of US$100 million in a further Series D extension.