FinTech News

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.

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...

The ongoing AI revolution is indisputably transforming risk management and customer identification processes (KYC), even though human input remains pivotal to these functions.

Data-based solution developer Certua has acquired cloud-based insurance software builder Surely Group for an undisclosed amount.

Edera, the only company worldwide offering a secure-by-design Kubernetes and AI solution, announced today it has secured a $5m seed investment.

Nuvei, a Canadian payments company, has signed a deal to purchase US firm Paya in an all-cash deal worth $1.3bn.

Italy-based InsurTech platform YOLO has reportedly closed a €1m funding round led by Barcamper Ventures.

Having already announced the deal this summer, Deutsche Bank and Google Cloud have now finalised a strategic, multi-year partnership to accelerate the bank's transition to the cloud and co-innovate new products and services.