Company News

Mastercard and Enel X team up to launch cybersecurity and FinTech innovation lab in...

From: RegTech Analyst Israel is already a leader of cybersecurity, but it is now getting an extra power-boost through a collaboration between Mastercard and Enel...

UK FinTechs could lose £1.4bn in investment because of the coronavirus

COVID-19 could cost the British FinTech industry about £1.4bn in investment, according to research from blockchain firm Qadre and techUK.

Cybercrime preventing startup Deep Labs picks up $16m in new funding round

From: RegTech Analyst Mastercard partner Deep Labs has bagged $16m to boost the development of its transaction authentication and authorisation technology. Gunnar Overstrom, partner at Corsair...

PingPong Payments launches UAE currency exchange service for US and global merchants

Global payments and e-commerce services provider PingPong Payments aims to create more access to Middle Eastern markets through its new payments processing and currency exchange service for the UAE currency, the Arab Emirates dollar (AED).

Envelop Risk closes Series A financing round led by Alpha Intelligence Capital

On the back of raising $6m in a new funding round, Envelop Risk will grow its cyber and speciality (re)insurance business propelled by proprietary machine-learning and data-driven underwriting.

Smarterly nets £7m in Series A funding round led by Major Oak

WealthTech company Smarterly has bagged £7m in a new funding round to strengthen the development of its platform that enables people to save and...

Insurity deploys newly acquired geospatial solution to Lockton Re

Insurity, a core system solution developer and data analytics platform, is deploying its newly acquired geospatial analytics solution into reinsurance firm Lockton Re.

The coronavirus represents a “return to chaos” that could benefit FinTech companies

COVID-19 has plunged financial markets into chaos, but the pandemic also represents both challenges and opportunities for FinTech companies as they adjust to a whole new reality.

Zego extends partnership with RSA Insurance to cover van fleets

InsurTech platform Zego has extended its partnership with RSA Insurance to offer adaptable protection for van fleets.

US SEC issues $5m penalty to Morgan Stanley for misleading clients

The US Securities and Exchange Commission (SEC) has issued a $5m penalty to Morgan Stanley Smith Barney after it providing misleading information to clients in its retail wrap fees programmes.

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