FinTech News

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Thompson Reuters joins R3 Blockchain Consortium

Thompson Reuters is the latest company to join a consortium of institutions, headed up by New York fintech firm R3, dedicated to developing use cases for the blockchain technology in financial markets.
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IBM Reportedly planning acquisition of point-of-sale business Revel

IBM is reportedly planning a re-entry into the point-of-sale (POS) space. According to Bloomberg the firm is in discussions to acquire iPad-based POS company Revel Systems.
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Axial grabs U$14m to match private companies with investors and buyers

Axial, a New York-based online capital marketplace, has raised $14m in its Series C round. The company's platform is designed to match private companies...
fintech insurtech wealthtech regtech ai cybertech esg news

Azimo integrates with Facebook Messenger

International money transfer startup Azimo in integrating its service into Facebook Messenger to allow senders and receivers to connect through the social network of 1.65bn users.
fintech insurtech wealthtech regtech ai cybertech esg news

Construction lending platform Built nets $21m round led by Index

Construction lending software Built has closed a $21m funding round led by Index Ventures.
Leveraging AI for business transformation: Quantiphi's innovative approach

Leveraging AI for business transformation: Quantiphi’s innovative approach

Artificial intelligence (AI) has captured people’s imagination for decades. Sci-fi movies have often placed technology at their centre, depicting both potential utopias and dystopias of human life. In recent years, remarkable strides in AI have brought us closer than ever to a future where it seamlessly integrates into our daily lives. Yet, we are merely scratching the surface of what lies ahead.
Clarity secures $16m in seed funding to combat Deepfakes with AI cybersecurity

Clarity secures $16m in seed funding to combat Deepfakes with AI cybersecurity

Clarity, an innovative firm specialising in AI cybersecurity, has successfully secured $16m in seed funding. The round was led by prominent investors Walden Catalyst and Bessemer Venture Partners, marking a significant step forward for the company.

Eclypsium capitalises on 2,000% annual recurring revenue growth with the close of new round

Device security company Eclypsium has received $13m in an oversubscribed funding round, coming after a 2,000% increase to its annual recurring revenue.

Are clients and companies speaking the same language on ESG?

With the upcoming MiFID II regulation, many financial institutions are gearing up for a huge shake up on the regulatory side. Are clients and companies on the same page regarding ESG?
Vesta-secures-loan-runway-growth-capital-for-online-purchase-platform

Vesta secures loan for its online purchase platform

Vesta, a global transaction guarantee platform for online purchases, has secured a $25m term loan from Runway Growth Capital, a provider of growth loans.

News Stories

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud, a leading innovator in the Staffing Industry known for its advanced automation and AI-driven solutions, has announced a groundbreaking partnership with Immediate, a forward-thinking provider of pay access solutions.
Marqeta powers Rain's new debit card for seamless wage access

Marqeta powers Rain’s new debit card for seamless wage access

Marqeta, a global modern card issuing platform, has partnered with Rain, a financial wellness benefits provider that assists companies in giving employees greater control over their finances.
Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies, a leading RegTech company, has teamed up with HSBC Expat, a branch of HSBC Bank specialised in services for expatriates, excels in offering tailored banking solutions across the globe.
FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.

FinTech funding flourishes amid diverse week for deal activity

FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.
Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna, an AI-powered global payments network and shopping assistant, and Milkywire, an environmental impact platform, have launched the Nature Transformation Fund.

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