Industry News

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FinTech Zeni raises $34m

AI-powered finance concierge Zeni has raised $34 million in a Series B funding round. The round was led by Elevation Capital with participation from Think Investments and Neeraj Arora.

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Robinhood stock price surges

Following a lacklustre debut on the Nasdaq last week, Robinhood saw its share price soar on Wednesday, briefly hitting $85, up over 80% on the previous day’s close.

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Pandemic highlights importance of saving money

55 per cent of British employees say the pandemic has made them more aware of the importance of saving for the future, according to research from Cushon. The study, which surveyed 2,000 UK employees in May, found that only 11…

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Payments-as-a-service company Rapyd raises $300m

Payments-as-a-service company Rapyd has raised $300 million in a Series B funding round. The Israeli FinTech provides an API which allows third parties to integrate services like payments, mobile wallets, money transfers, card issuing, and fraud protection into their own…

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HSBC to reduce global office footprint by 20%

HSBC has said that it is moving to a hybrid model of working, which means it needs less office space. As a result, in its latest financial results the bank revealed that it would be cutting its global office footprint…