FinTech News

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.

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.

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...

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.

InsurTech and cybersecurity companies were among the 34 FinTech companies that raised money last week, but Covid-19 continues to haunt the industry.

algoreg, a Luxembourg-based RegTech company, has raised $1m in Series A financing to enhance its onboarding modular platform.

Pre-paid card solution TAPPP has picked up $5m in its Series A round which was led by ADvantage Sports Tech Fund.

UK FinTech FreeAgent has added another feature to its suite of cloud accounting software solutions for freelancers and small businesses.

Founded in 2013, MAP FinTech is now one of the older companies in the RegTech sector. The company is a provider for the financial services industry and specialises in reporting solutions from the requirements of a range of complex international regulations.

Klarna, a leading global payment provider and shopping assistant powered by artificial intelligence, has unveiled its latest innovation, "Sign in with Klarna."