Following 500% growth in the past 12 months, Freetrade, the smart app that makes investing easy for everyone, has raised £4.5m from more than 5,000 people in just four hours. Working with Crowdcube, they exceeded the £1 million target in just 4:33 minutes and raised £3m from existing shareholders before opening the campaign to their customers. Freetrade’s fundraise is the largest equity crowdfunding campaign to be completed in the UK this year and it remains open to investment as the fintech pioneer sets its sights on a £7 million funding goal. 

Fuze, the leading cloud-based communications provider for the modern global enterprise, today announced a suite of Google product i

Open banking platform Tink and the leading Nordic bank Nordea have worked together to add new multi-banking features to Nordea’s mobile banking app. The new features will make it possible for Nordea’s app users to get a comprehensive overview of their finances in one place, including mortgage, savings, loans and current account — even from other banks. 

Eventus Systems, Inc., a leading global trade surveillance and risk management software platform provider, today won Markets Media’s 2020 Markets Choice Award (MCA) for Best in RegTech – Surveillance and Financial Risk Management. Eventus earned the honor for its leadership among providers of regulatory technology (RegTech) solutions in the financial industry.

What are the two main questions to ask before you choose a payment services provider?

EBANX, a Brazilian fintech known for providing payment solutions from Brazil and other countries in Latin America to global businesses, started offering to its international merchants the virtual debit card recently launched by the Brazilian Caixa Econômica Federal. Thus, international merchants of EBANX can offer this payment method to their Brazilian consumers.

With the Covid-19 epidemic spurring an increase in cybercrime, compliance professionals are being given a chance to test their detection skills by playing the world’s first money laundering monitoring game.

‘Catch Them If You Can’ is a real-time transaction monitoring game, offering players the chance to showcase their expertise and identify suspicious transactions and catch criminals, while also minimizing false positives.

Specialist anti-money-laundering (AML) firm SmartSearch is continuing its impressive growth, despite the outbreak of Covid-19. It now has more than 4,500 clients across the financial and professional services sectors.

 Finastra announced that Barwick Banking Company (Barwick Bank) is the latest community-facing financial institution to choose Fusion Phoenix core to help transform it into a modern, digitally-enabled institution.