Company News

Freelancers FinTech Archie launches following $4.5m raise

Archie, a company helping to build the financial infrastructure for the freelance economy, has officially launched to help firms onboard, manage and pay independent workers.

Wrisk closes contents insurance app as it looks to next growth phase

Mobile-based insurance startup Wrisk has closed its contents insurance app to new customers

Europe’s private equity managers excel in ESG performance, report finds

Europe's commitment to ESG standards within the private equity sector has seen significant strides, with half of the region's managers now achieving an “excellent” rating, as outlined in the latest ESG Report 2024 by LGT Capital Partners.
Ascent

Ascent and Diligent team to streamline regulatory compliance in FinTech sector

Ascent, a solution aimed at simplifying and streamlining regulatory compliance, has entered into a strategic partnership with Diligent.

New US bill requires ransomware victims to report payments within two days

A bill drafted by the US Senate and House of Representatives would require victims of ransomware attacks in the US to report any payments to hackers within 48 hours.

Digital-first private bank Alpian snares CHF19m in Series B+

Alpian, a Swiss digital-first private bank, has raised CHF19m in a Series B+ funding round headed by Fideuram – Intesa Sanpaolo Private Banking.

Daon to offer biometrics to Southeast Asia digital bank TONIK

Daon will provide its onboarding and mobile biometric authentication services to Southeast Asia digital-only bank TONIK Digital Bank.
compliance

How Flagright’s Shadow Rules are setting new standards in AML compliance

In the world of financial institutions, misconfigured compliance rules can lead to hefty penalties costing up to $14.82m each year.
GBST

WealthTech firm GBST expands reach with Advice Intelligence acquisition

GBST has acquired Advice Intelligence, an award-winning provider of an end-to-end financial planning software solution.

Personal finance specialist NerdWallet files for an IPO

NerdWallet, a provider of financial guidance to consumers through a range of different tools, is set to go public after it filed an IPO.

News Stories

Revolutionizing developer security: Arcjet secures $3.6m led by Andreessen Horowitz

Revolutionizing developer security: Arcjet secures $3.6m led by Andreessen Horowitz

Arcjet, a trailblazer in developer security solutions, has successfully closed a seed funding round of $3.6m.
Ripple Ventures leads $1.8m pre-seed investment in trade credit startup NetNow

Ripple Ventures leads $1.8m pre-seed investment in trade credit startup NetNow

NetNow, a pioneering trade credit automation platform, has successfully secured $1.8m in pre-seed funding.
Finally secures $200m in Series B funding to enhance SMB financial services

Finally secures $200m in Series B funding to enhance SMB financial services

Finally, the AI-powered finance and HR platform, has successfully secured a $200m Series B investment.
MoneyLion and Nova Credit forge strategic partnership to enhance credit underwriting

MoneyLion and Nova Credit forge strategic partnership to enhance credit underwriting

MoneyLion, recognised as a pioneering digital ecosystem for consumer finance, today announced a pivotal partnership with Nova Credit, a leader in credit infrastructure and analytics.
Form3 announces £10m Series C extension funding led by British Patient Capital

Form3 announces £10m Series C extension funding led by British Patient Capital

Form3, a prominent British payment technology firm, has recently secured a £10m investment.

120,000+ FinTech leaders get exclusive industry stories delivered every week

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2024 with details on each solution