FinTech News

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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...

Lendio picks up $20m round after lending grows 93%

Small business lending marketplace Lendio has raised $20m in a Series D round led by Comcast Ventures and Stereo Capital. The funding brings the amount raised by the Utah-based company to $51m.

$3m scoop for financial news and data platform Benzinga

Financial news and data site Benzinga has picked up $3m in a new funding round from WorldQuant Ventures.
fintech insurtech wealthtech regtech ai cybertech esg news

Blackhawk Networks picks up Grass Roots for $118m

Blackhawk Networks, a prepaid payments company, has acquired employee and customer engagement platform Grass Roots for $118m.
fintech insurtech wealthtech regtech ai cybertech esg news

PayU set to acquire Citrus Pay for $180m

PayU, a payments provider owned by South African multinational Naspers, is acquiring Indian payments and mobile banking service Citrus Pay.
Indonesia-based Paper.id scores $12m

Indonesia-based Paper.id scores $12m

Indonesia-based payment and invoicing solution Paper.id has reportedly raised $12m in its Series B funding round, which was led by Go-Ventures.
Conduent launches Digital Integrated Payments Hub

Conduent launches Digital Integrated Payments Hub

Conduent Incorporated, a technology-powered process solutions company, has collaborated with BNY Mellon to launch a new Digital Integrated Payments Hub.
Loop-exits-stealth-funding-simplify-logistics-payments

Loop exits stealth on a mission to simplify logistics payments

Loop, a San Fransciso-based shipping and logistics payments platform, has raised a total of $30m through seed and Series A funding round and exited stealth.
MiCA

EU passes MiCA legislation in crypto regulation breakthrough

The European Union has come one step closer to making crypto regulation a reality after it passed the Markets in Crypto Assets Regulation (MiCA) bill.
Binance Labs backs blockchain dev Aptos Labs

Binance Labs backs blockchain dev Aptos Labs

Binance Labs, the venture capital division of Binance, has made a strategic investment into Aptos Labs, a layer-1 blockchain.

News Stories

How the world's top banks and insurers are adopting GenAI tools

How the world’s top banks and insurers are adopting GenAI tools

In recent years, the integration of generative artificial intelligence (GenAI) tools within the financial sector has seen remarkable growth. A study conducted by ORX, a leading operational risk association, reveals that 75% of the world’s major banks and insurers are now utilizing external GenAI applications in their operations.
UK-based PeppercornAI bags £3.25m for AI-driven insurance solutions

UK-based PeppercornAI bags £3.25m for AI-driven insurance solutions

PeppercornAI, an InsurTech specialising in conversational artificial intelligence, has successfully raised £3.25m.
Encompass Corporation welcomes Stuart Barnard as new CFO

Encompass Corporation welcomes Stuart Barnard as new CFO

Encompass Corporation, a pioneer in Corporate Digital Identity (CDI), has recently announced the appointment of Stuart Barnard as its first Chief Financial Officer (CFO).
Unlocking the power of KYC Portal CLM in modern due diligence

Unlocking the power of KYC Portal CLM in modern due diligence

In the complex world of finance, due diligence is essential for protecting a company’s reputation and financial well-being. As customer demands for convenience increase and regulatory scrutiny intensifies, finding a balance is more important than ever. The solution lies in an innovative tool—KYC Portal Customer Lifecycle Management (CLM). The RegTech company recently compiled a guide on its role in enhancing due diligence processes.
Apax Digital Funds backs IANS Research with new investment to boost InfoSec services

Apax Digital Funds backs IANS Research with new investment to boost InfoSec services

IANS Research, a leading provider of independent research and advisory services for the information security industry, has just secured a significant investment from Apax Digital Fund II. 

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