Apple Card Savings reaches $10bn in deposits

Less than four months after launching its high-yield savings account, Apple Card has surpassed $10bn in user deposits.


UK fintech investment drops by more than 50%

Investment into the UK fintech sector fell by 57 per cent in the first half of the year, a new report shows. KPMG data in its biannual report on fintech investment trends has shown a sharp drop off from $13.8bn to $5.9bn for H1 in 2022 versus this year.


Settle raises $145m from Silicon Valley Bank

Cash flow management platform Settle has secured up to $145m credit facility with Silicon Valley Bank (SVB).


Swiss lender TP24 raises £345m from Barclays and M&G to support SMEs in the UK, Netherlands and Australia

Banking giants Barclays and M&G have backed Swiss SME lender TP24 with a £345m debt funding line, around a third of which will be used to support UK businesses.


UK startups and scaleups set for £50bn funding injection after pension reforms

The UK’s pensions funds have agreed on a deal that could see up to £50bn invested into early-stage businesses.