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Global FinTech News #45 - Bloomberg Tradebook, Alpian, N26, Nium

Time for this week’s fintech roundup! AML and Fraud are high on the list for European Regulators, wit
Global FinTech News #45 - Bloomberg Tradebook, Alpian, N26, Nium
By Holland FinTech  • Issue #45 • View online
Time for this week’s fintech roundup! AML and Fraud are high on the list for European Regulators, with the EU commission putting forwards a new approach to money laundering and terrorist financing, with a six pillar action plan. Across the pond in the US the focus on fraud is also high - with Bloomberg Tradebook taking home a $5 million USD fine for fraudulent routing. The Swiss are sensing a new segment in banking: the Mass Affluent - with digital bank Alpian playing in to that market. On the other end of the spectrum, democratised financial services provider Revolut has announced it may enter what it calls a ‘consolidation’ phase where it will potentially scoop up some struggling competitors in the market. Money was rolling this week with trading platform RobinHood securing a hefty $280 million USD and German Challenger Bank N26 rolling home with another $100 million in it’s pockets - despite all the current uncertainties! Smaller rounds were also to be enjoyed by Banked and askRobin, who took home 2.7 and 1.7 million euro respectively. A comforting thought to leave you with: UBS thinks fintech revenues will hit $500 Billion by 2030.
Take a look at all things FinTech&COVID-19 on our resource page here.
We hope you had a good week and are staying safe & healthy! Eager to learn more? Check out the insights section on our website!
- The Holland FinTech Team

Highlights from last weeks news related to fintech
Highlights from last weeks news related to fintech
German court criticises European Central Bank crisis bond-buying
Tradebook fined for fraudulent trade routing
Commission steps up fight against money laundering and terrorist financing
Alpian: A New Swiss Digital First Bank For Mass Affluent Clients
Revolut Eyes Consolidation, Looks To Buy Distressed Rivals
UAE's Authorities Request Financial Service Providers to Use Latest Fintech and Regtech to Help Follow AML Guidelines During COVID-19 Outbreak
The largest funding rounds we found from across the world
The largest funding rounds we found from across the world
Robinhood raised $280 (~€258) million despite falling global fintech funding amid the coronavirus pandemic
German FinTech N26 Notches $100M (~€92M) Amid Uncertainty
ING Ventures leads £4m (~€4.5m) Countingup funding round
UK fintech Banked secures another €2.7M in seed funding, aims to become financial services challenger
Treasury Prime raises $9m (~€8.3m) to bring its banking APIs to market, Faisal Kawar
Visa backs Singapore fintech startup Nium in new funding round
A selection of recent research reports and papers worth reading
A selection of recent research reports and papers worth reading
Global insurtech funding trend slashed by more than 50% due to COVID-19
Fintech revenues to hit $500bn by 2030 - UBS
European Fintechs: where are your female execs?
Paysafe report shows shifts in consumers' payment preferences
Fintech, Regtech And The Role Of Compliance In 2020
Ransom Payments Up 33% In Q1 2020; Sodinokibi and Ryuk Tops the List
Background information and insights from opinion leaders and experts
Background information and insights from opinion leaders and experts
The Alarming Rise of Algorithms as Heroes of the Stock Recovery
From Robo-Advisers to cashless society, Fintech vexes Congress
How bunq became one of Europe’s leading challenger banks without raising a single cent
A turbulent stock market is a boon to investing-focused Fintech startups
Bank as a service - the future of banks and Fintech startups?
Coronavirus Accelerates Change in Latin America’s Fintech Sector
Connect with us at some of the upcoming events
Connect with us at some of the upcoming events
Holland FinTech Meetup Online - 8th of May
Fintech Insights May - 14th of May
Events - Flash Friday: Staying ahead of the news
MoneyNext Summit 2020 - London, United Kingdom - 1st/2nd of July
London Tech Week 2020 - London, United Kingdom - 2nd-10th of September
Cognitive Finance AI - Berlin, Germany - 21st/22nd of September
Ready to get involved? Click here to find out more.
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