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Thursday, May 28, 2020

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Fintech and alternative lenders stand up for vulnerable SMEs

Frustrated with overwhelmed banks and what seems to be an oblivious government, some of fintech’s leading players are coming together. They’re here to stand up for Britain’s SMEs and self-employed workers – and they’re not backing down.

GoHenry launches the first biodegradable debit card for children

GoHenry is a UK-based fintech focusing on pre-paid card and app for kids (with parental controls). It has just launched its biodegradable card for eco-conscious children.

Lights and shadows of Fintechs and Big Banks collaboration

The start-up and corporation universes’ collaborations are one of the key areas for improvement, especially in the innovation scaling-up. It can be a huge opportunity for the start-up to access an active power source of big corporations.

Robinhood raises $280M and pushes its value to $8.3B

The $280 million was raised at Series F funding. This round was led by Sequoia Capital.

Robinhood just made $60 million, triple what it made in March 2019

In recent months, coronavirus-linked market volatility has sent trading volumes on apps like Robinhood or Stake.