In a report, the Economic Affairs Committee concluded there is ‘no convincing case’ for a digital pound, highlighting the ‘significant’ challenges for financial stability and the protection of privacy.
The financing will be used to fund the rollout of its Web 3.0 green payment infrastructure and US and EU expansion.
Through the partnership, Anyday will be able to conduct more detailed credit checks.
The investment will be used to drive its push into the US market, where the company plans to grow its employee base by 200% in 2022.
The combined business will have £1.2 billion in assets and £1 billion of funding.
The partnership will see The Pension Lab integrate Envestnet | Yodlee’s data aggregation capabilities to give consumers oversight of all their pension pots.
The proceeds from the oversubscribed funding round will fund recruitment, marketing and technology efforts.
Securing FCA registration hailed as ‘breakthrough’ for the Bitcoin-based global payments company.
The US fintech has hired Karandeep Anand as chief product officer to lead its product portfolio expansion efforts, which the latest investment will be used to fund.
The partnership provides enhanced global bank connectivity for sync. users.
