Company News

Mbanq has announced its growth milestones with new client platform launches, revenue growth, three new office locations, workforce expansion, and a strategic shift that has seen it strengthen its ‘as-a-service’ portfolio.

BaaS provider Mbanq reveals latest growth milestones

Mbanq has announced its growth milestones with new client platform launches, revenue growth, three new office locations, workforce expansion, and a strategic shift that has seen it strengthen its ‘as-a-service’ portfolio.

Customer service unicorn Glia buys AI chatbot Finn AI

Digital customer service unicorn Glia has acquired AI-powered chatbot platform Finn AI.
SaaS

The impact of SaaS on financial crime prevention efficiency

SaaS adoption in the financial and insurance services sectors is projected to grow significantly, reaching more than $130bn by 2027, up from $54bn in 2022.

Curve warns customers of “temporary disruption” as it deals with the Wirecard fallout

Payment startup Curve has warned its customers that their services will be disrupted because of the Wirecard scandal having prompted the Financial Conduct Authority (FCA) to freeze all of the payment giant's assets.

Deutsche Bank acquires Quantiguous Solutions to support Open Banking development

Deutsche Bank has acquired India-based Quantiguous Solutions, an API solution developer for financial institutions.
Howden Ventures has secured an impressive £500m in insurance coverage, thanks to the backing of key industry players like Tokio Marine Kiln, Chaucer, and Liberty Specialty Markets.

Howden bags £500m to transform start-ups into underwriters

Howden Ventures has secured an impressive £500 million in insurance coverage, thanks to the backing of key industry players like Tokio Marine Kiln, Chaucer, and Liberty Specialty Markets.

Kroo lands full UK banking license

Digital neobank Kroo has secured a full UK banking license, ahead of its plans to launch personal current accounts.
Stabiliti

Worldline UK&I links with Stabiliti for carbon offset payments

Stabiliti and Worldline UK&I, a global leader in payment and transactional services, have announced a strategic partnership.

Lemonade’s shares soared more than 138% in its first day of trading publicly

InsurTech Lemonade has started trading after a much anticipated initial public offering (IPO) and the debut has so far proven a hit.

Ascensus looks to make its seventh TPA company acquisition of 2018

Retirement savings technology developer Ascensus is set to make yet another acquisition, bringing its total for the year up to seven.

News Stories

Visa reinvents account-to-account payments with enhanced consumer protections

Visa reinvents account-to-account payments with enhanced consumer protections

Visa has unveiled a new initiative, Visa A2A, set to transform the landscape of account-to-account (A2A) payments by enhancing consumer control and protection.
Sedric AI clinches $18.5m to pioneer AI compliance solutions in FinTech

Sedric AI clinches $18.5m to pioneer AI compliance solutions in FinTech

Sedric AI, a leading innovator in AI-driven compliance solutions for financial institutions, announced today that it has successfully secured $18.5m in Series A funding.
European software firm SecureFlag bags significant funding from Copilot Capital

European software firm SecureFlag bags significant funding from Copilot Capital

Copilot Capital, a pioneering private equity firm dedicated to nurturing the growth of European software companies, has announced a significant majority investment in SecureFlag, a dynamic software company known for its cutting-edge cybersecurity training solutions.
Fido raises $30m to boost financial inclusion in East and Southern Africa

Fido raises $30m to boost financial inclusion in East and Southern Africa

Ghana's fintech innovator, Fido, recently bolstered its financial capacity with a significant $30m Series B funding round.
Upsolve secures $4.2m Gates Foundation grant to launch financial counselling AI for low-income Americans

Upsolve secures $4.2m Gates Foundation grant to launch financial counselling AI for low-income Americans

Upsolve, renowned as the nation's top nonprofit financial education platform, has recently secured a substantial grant to further its mission.

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