SoftBank hit with record losses amid tech slump
The Japanese giant’s Vision Fund posted a $17.2 billion loss for the June quarter, it's second quarterly sequential loss this year. The company, which has backed a host of fintechs,...
The Japanese giant’s Vision Fund posted a $17.2 billion loss for the June quarter, it's second quarterly sequential loss this year. The company, which has backed a host of fintechs,...
Founded in 2019, Money Jar offers customers an Irish Iban to enable day-to-day transactions online. It also provides a current account to offer cash lodgement and cross-border transfers. The company,...
This is the first sale of a disinfection unit for Spectra, which says its patented technology uses an oxygen-free environment and heat to eliminate a broad spectrum of pathogens from...
In a letter to shareholders, CEO Sebastian Siemiatkowski says the firm has been "operating in a very different environment" in the first half of 2022 as it faced up to...
The new Footprint Insight feature is being made available to customers who already use the bank’s Insight function, which groups their income and expenditure by spending category. Footprint Insight provides...
Rapyd Ventures, Jungle Ventures, 1982 Ventures, Resolution Ventures, Saison Capital, the XA Network and Wing Vasiksiri joined the seed round. Founded last year, iPiD promises to help market participants simplify...
Lord Hammond, the former chancellor, is among a host of heavyweight figures being enlisted to back the new venture, which has been provisionally named the Fintech Growth Fund. Other names...
The exercise, described as a 'learning exercise' for banks and supervisors, will be conducted in the first half of 2022 after which the ECB will publish aggregate results. The ECB...
Canadian fintech companies saw US$810 million in total investment across 85 deals in the first half of 2022, down from US$1.9 billion in the second half of 2021. The drop...
The first two bank hubs were launched last year in Essex and Cambuslang, outside Glasgow in Scotland. Both are run by the Post Office and are shared by five high...
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