Leading open banking payments platform, Token, today announces $15m in Series B financing, welcoming investment from SBI Investment Co. Ltd. and Sony Innovation Fund by IGV as well as from existing investors Octopus Ventures, EQT Ventures and the venture arm of BNP Paribas, Opera Tech Ventures.

Over the course of the last 12 months, online banking usage among first direct customers has declined 21% compared to mobile banking.

While nearly 98% of all transactions made by first direct customers are digital, nearly five times more transfers and payments now take place using the app (82% of payments) compared to online banking (18%).

And over 87% of balance enquiries are now made using the fd app, as opposed to 13% through online banking.

Synechron Inc., a leading digital transformation consulting firm for the financial services industry, today announced that

Almost a third of Brits are curious about investing in cryptocurrency but are too baffled by it to take the plunge, according to a new national survey.

Of the three in ten people (31%) curious about investing in crypto, 62% have held back from buying any because they do not understand the market, while 43% say they do not know of a safe way to buy it.

Finantix, the leading global provider of trusted technology to the wealth management, insurance and banking industries, today announced two key appointments in Switzerland, further boosting the company’s growth in this key market and across Europe and building on the additions made to the Swiss team during 2020.

Digital bank Zopa is now offering its app users the chance to compare energy offers which could save them money each month. Offered within the Zopa app and free for anyone to use, money saving deals can be found in minutes.  

The team behind Custody Digital, the digital market infrastructure specialists, today announce the launch of Ledgermatic, a push to modernize corporate treasury solutions. The Ledgermatic tools will integrate seamlessly with existing banking and ERP software to allow users to manage traditional and digital assets together and to unlock liquidity from both types of assets through one portal.

In a recent interview with 

Finzly, a fintech provider of modern banking applications for foreign exchange, trade finance, payments and digital account opening, has been selected to participate in the Federal Reserve Banks’ pilot program for its FedNow ^SM Service, a new instant payment service that will enable U.S. financial institutions of all sizes and communities to provide safe and efficient instant payment services in real-time.