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Alternative lender Upgrade has raised a USD 40 mln Series D funding round from investors including Santander InnoVentures.
upgrade, Santander, Santander InnoVentures, US, funding, extended credit, alternative lender, non-bank, loans, credit cards, Union Square Ventures, Ribbit, Vy Capital, Silicon Valley Bank, Ventura Capital, Uncorrelated Ventures, financial crisis
RBS has reported a 27% rise in pre-tax operating profit for 2019 to GBP 4.2 bln as management announced renaming the bank NatWest.
RBS, Royal Bank of Scotland, NatWest, rebranding, banking, profit, bank, incumbent bank, financial crisis, UK, United Kingdom
Bundesbank President Jens Weidmann has warned central banks to exercise caution in introducing digital currencies that could potentially destabilise the financial system during times of crisis.
Bundesbank, digital money, cryptocurrency, banks, financial crisis, Germany
Bank for International Settlements has announced that regulations introduced after the 2008 financial crisis should extend to fintech and asset management.
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