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Software firm Muso raises £2.5m Series A

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HealthTech startup Your.MD raises $10m

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FinTech Monthly: TransferWise research, Barclaycard’s NFC roll-out, $52m blockchain investment and more

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The first month of the year has been an interesting one for FinTech – we’ve seen company expansions, VC investment, product updates and much more.

We filmed the FinTech Monthly for January 2016 at the Braintree office in central London – make sure you check out their series of FinTech articles on payments, ecommerce and more.

In the news

While three quarters of respondents to a survey by TransferWise said they would consider using technology companies for services currently provided by banks; London-based Aire, a credit score provider for those without a credit history, announced plans to expand to North America and Canada.

UK-founded tech startup Blockchain secures $40m Series B

Barclaycard made the headlines with a new app update that enabled customers to make NFC payments using their Android phones, but the company couldn’t confirm when it will roll out Apple Pay.

Overseas, FinTech was a hot topic at the World Economic Forum, with Deutsche Bank AG’s CEO claiming physical cash will become extinct in the next ten years; and, in the States, blockchain startup Digital Asset Holdings raised $52m and won a contract to speed up settlement in Australia’s stock market.

To view more of our videos, visit the Tech City News YouTube channel.

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