Prioritizing mental well-being in the new era of the hybrid workplace, the UK's leading business banking platform, Tide, has partnered with the UK based mental health services provider Plumm to launch a global mental well-being platform for its employees and their family members.

Sage, the leader in accounting, financial, HR, and payroll technology for small and medium-sized businesses (SMBs), today announces it has completed the acquisition of Futrli, the UK’s premier cash flow forecasting software solution for SMBs and accountants.

Financial services – and banks in particular – have faced trust issues for years, driven in part by painful service experiences, often disproportionate fees, and an unnecessary propensity for jargon. Let’s not forget the scandals that seem to rear their ugly heads every few years or so - clearly there are plenty of reasons for customer dissatisfaction.

After just 72 hours, award-winning digital wealth manager, Moneybox, has closed its second crowdfunding campaign. Over 3 days, more than 15,000 people invested over £6.25million in what is Crowdcube’s most popular crowdfunding campaign of the year so far.
 
Moneybox now holds the record for the second and third most popular crowdfunding campaigns in Europe, ever!
 

BingX, the world's leading social trading platform, is proud to be a sponsor of Consensus 2022. Hosted by Coindesk, this is one of the world's biggest and longest-running cryptocurrency festivals.

From the 9th to the 12th of June this year, Consensus 2022 will be focusing on the future of digital finance and its mainstream impact. The festival is also designed to be interactive and will include elements of Web3 and emerging technologies.

BingX is excited to celebrate its fourth anniversary in May 2022. To make the event even more joyous, BingX will conduct a month-long contest with individual and group prizes to the tune of over $50,000 USDT.

In March, Lloyds Banking Group announced that it plans to shut another 60 high-street branches. The planned closures include 24 Lloyds Bank branches, 19 Bank of Scotland branches and 17 from the Halifax brand, bringing the total number of closures to 150 since June 2021.

Deserve, the venture-backed fintech company expanding and powering the real-time credit card economy, announced today a new $250 million credit facility with Goldman Sachs, Cross River, and Waterfall Asset Management. With Deserve's digital-first, mobile-centric, and highly configurable credit card platform, the company will use this new funding to meet the growing demand from financial institutions, fintechs, and consumers.

Thursday 12 May, 2022 – Open banking payments platform, Token.io, today announces it has raised $40 million in a Series C funding round co-led by Cota Capital and TempoCap, with participation by Element Ventures, MissionOG, PostFinance and existing investors Octopus Ventures, Opera Tech Ventures and SBI Investment. Torch Partners advised on the financing.

Cloud has moved from leading edge to the baseline of banking success. A recent GFT survey revealed that 95% of banks adopt cloud to improve time to market, while 86% of them do it to improve innovation and scalability. Although these objectives might seem ambitious, they are achievable if the transition to cloud is regarded as an opportunity to re-imagine systems and applications.