CITI INVESTS IN FX FINTECH REXTIE ( PERU )
Citigroup has made an undisclosed ‘ strategic investment ’ in Peruvian foreign exchange fintech Rextie . Based in Lima , the startup gives more than 180,000 registered users access to commissionfree trade . According to Citi , it becomes the first FX fintech in Latin America to get investment from a global bank .
READ
NOW
ZOPA GETS £ 75M TO ACCELERATE GROWTH ( LONDON , UK )
Digital bank Zopa has raised £ 75m in fresh funding , which will be used to fuel expansion . It means the fintech bank has raised over £ 500m in total , including £ 130m this calendar year . Zopa recently secured its millionth customer and has lent £ 8bn in personal loans to date , underlining its success .
READ NOW
fintechmagazine . com 29