Revolut Seeks Debt and Equity Round Worth $1.5bn

October 14, 2019

UK based digital bank Revolut is looking to raise a fresh round of capital worth $1.5bn; the startup hired investment bank JPMorgan to help ...

Google Bans Payday lenders from Google Play App Store

October 14, 2019

Fintech, USA

Google has made the decision to ban payday lenders from their Google Play App Store; the company defines payday lending as those with loans ...

Funding Circle Tries to Calm Investors about Secondary Market

October 14, 2019

Europe, Fintech

Funding Circle sent a letter to investors saying that the company is well capitalized and is focused on solving the secondary market problem; investors ...

HSBC Revamping First Direct

October 14, 2019

Europe, Fintech

HSBC is working on a relaunch of their First Direct offering which aims to compete with other digital banks like Monzo; the bank plans ...

Facebook’s Libra Project Suffers More Partner Departures

October 14, 2019

Fintech, USA

Facebook’s Libra Project has faced persistent rumors about association members leaving and those rumors are starting to come true; last week PayPal backed out, ...