FintechDaily – Page 116 – Fresh Dose of Fintech News

Robinhood Appoints CEO Ahead of UK Launch

American stock trading app Robinhood has appointed Jordan Sinclair, a Freetrade executive, to spearhead its renewed plans for a launch in the UK. Sinclair has...

UK Fintech Job Market Experiences Significant Growth

The UK fintech sector saw a remarkable 44% increase in job vacancies in 2024, driven by venture capital investment and advancements in AI, as highlighted...

BofA Secures Hundreds of Patents

Bank of America achieved a remarkable milestone, securing a record 341 US patents in the first half of 2022, which marks a 50% increase compared...

Berlin-based Fintech Startup Justhome Secures €3.3 Million in Funding

Justhome, a home financing startup based in Berlin, has successfully raised €3.3 million in a funding round led by Target Global. APX, the early-stage fund...

Oxbury Secures £25 Million as It Approaches Breakeven Point

Agricultural challenger bank Oxbury has secured £25 million in Tier 2 capital funding as it anticipates reaching breakeven by the end of the year. The...

UK Finance Experiences Spike in DDoS Attacks

The UK financial sector experienced a notable increase in distributed denial of service (DDoS) attacks in the first half of 2022, following the invasion of...

EarlySalary in India Secures $110 Million Funding Round

Indian lending fintech EarlySalary has secured $110 million in a Series D funding round led by TPG’s The Rise Fund and Norwest Venture Partners. Founded...

Singtel and Grab Introduce Digital Bank in Singapore

Telco Singtel and superapp Grab have launched GXS, Singapore's first digital bank for consumers and businesses. This launch follows the Grab-Singtel venture's acquisition of one...

Revolut Data Breach Affects Over 50,000 Customers’ Information

Revolut has experienced a data breach that has exposed the personal details of approximately 50,000 customers globally. The company reported the cyber attack to the...

Singapore Embraces a New Digital Bank

The digital banking landscape in Singapore has expanded with the introduction of Trust Bank, a collaboration between Standard Chartered and local retailer FairPrice. This challenger...