Industry News

Solaris

BaaS leader Solaris announces fresh €96m funding to expand its tech platform

Solaris SE, a frontrunner in the BaaS industry, has successfully completed a €96 million Series F funding round.
AI

UK tech leaders rally for AI skills enhancement at parliamentary summit

At a recent parliamentary AI and FinTech Summit, a call was issued by top figures in the tech sector for the UK government to...
BigID

$60m boost for BigID to lead AI data security and compliance market

BigID, an AI-augmented data security, compliance, and privacy firm, has announced the closure of a significant $60m growth funding round. This round was led...
Marco

Trade finance innovator Marco Financial raises $12m

Marco Financial has recently completed a significant milestone in its journey to support SME exporters in Latin America.
Thredd partners with B4B Payments to launch US debit and prepaid card processing

Thredd partners with B4B Payments to launch US debit and prepaid card processing

Thredd, a pioneering payments processor with a global clientele, has officially entered the United States market for issuing debit and prepaid cards, in collaboration with its long-standing partner, B4B Payments.
Mintos expands its reach to France and the Netherlands

Mintos expands its reach to France and the Netherlands

Mintos, renowned for its unique combination of alternative and traditional investment options, has announced its official entrance into the French and Dutch markets.
Worth AI launches innovative AI platform to transform business credit scoring

Worth AI launches innovative AI platform to transform business credit scoring

Worth AI, a pioneering FinTech Software as a Service (SaaS) startup, officially announced the launch of its groundbreaking artificial intelligence (AI)-powered risk management and underwriting platform today.
SEC

US court temporarily blocks SEC’s climate disclosure rule

The Fifth Circuit U.S. Court of Appeals has temporarily halted the enforcement of the U.S. SEC new climate-related disclosure rule.
KYB

UK leads in shell company risks as firms neglect essential KYB procedures

A significant number of regulated firms are exposing themselves to financial crime by failing to perform mandatory verification checks.
RelyComply

RelyComply unveils goAML feature for enhanced FinCrime reporting

RelyComply, a leading firm in the RegTech sector, has recentlyexpanded its innovative platform with a new feature, goAML.

News Stories

US takes the gold for FinTech deals this week - Here are this week's 36 deals

US takes the gold for FinTech deals this week – Here are this week’s...

It was a strong week for US-based FinTech companies, with 17 securing fresh capital this week.  Aside from the US dominating the week for deals,...
Deutsche Bank and BASF initiate pioneering ESG finance programme in Asia

Deutsche Bank and BASF initiate pioneering ESG finance programme in Asia

Deutsche Bank has unveiled BASF’s inaugural sustainability-linked payables finance programme in Asia, concentrating on its operations in China.
PureFacts secures major investment from GrowthCurve

PureFacts secures major investment from GrowthCurve

PureFacts Financial Solutions, a renowned provider of revenue management solutions tailored for the investment sector, recently announced a significant development.
Tuum and ComplyAdvantage join forces to enhance compliance and operational efficiency

Tuum and ComplyAdvantage join forces to enhance compliance and operational efficiency

Tuum is a next-generation core banking platform, has partnered with ComplyAdvantage, a financial crime intelligence platform that offers AI-driven risk data and fraud detection technology to a global client base.
Wisedocs bags $4.5m from CIBC to streamline insurance claim reviews with AI

Wisedocs bags $4.5m from CIBC to streamline insurance claim reviews with AI

Wisedocs, an innovative leader in the InsurTech sector, recently received a significant financial boost. CIBC Innovation Banking has extended $4.5m CAD in growth capital financing.

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