FinTech News

Bitkub, Thai Crypto Exchange, clinches fresh $17.8m investment

Bitkub, Thai Crypto Exchange, clinches fresh $17.8m investment

Bitkub, a flourishing FinTech entity in Thailand's cryptocurrency exchange landscape, was established by Jirayut Srupsrisopa in 2018. The company has successfully carved a space for itself as a platform enabling users to buy, sell, and store their cryptocurrency assets.
Revcast, the pioneer of modern RevOps, secures a robust $3m seed round

Revcast, the pioneer of modern RevOps, secures a robust $3m seed round

The revolution in Revenue Operations (RevOps) continues to gather pace, with the announcement that Revcast has secured a $3m seed funding round.
AUCloud nets $8.5m investment to boost cyber security and multi-cloud operations

AUCloud nets $8.5m investment to boost cyber security and multi-cloud operations

ASX-listed cloud infrastructure-as-a-service (IaaS) provider, AUCloud, has successfully closed an $8.5m capital raise, marking an important milestone in the company's growth journey.
LendInvest secures £500m investment for mortgage growth

LendInvest secures £500m investment for mortgage growth

London-based LendInvest, the UK's foremost platform for property finance, has today confirmed the receipt of a £500m investment.
WealthTech platform Selma Finance surpasses target, raises €1.3m

WealthTech platform Selma Finance surpasses target, raises €1.3m

Selma Finance, a Switzerland-based WealthTech platform, recently concluded a successful crowdinvesting campaign. This innovative digital financial advisor secured more than €1.3m from its vibrant community of supporters, exceeding its original fundraising target by a significant 30%.
Penfold

Penfold seeks to simplify pension administration with new platform

Penfold has announced the launch of Penfold Platform, specifically designed to cater to the needs of accountants.
AXA

AXA IM Alts welcomes Laurent Lavergne as global head of sustainability

AXA Group’s alternative investments business, AXA IM Alts, has named Laurent Lavergne as its Global Head of Sustainability.
SMEs

Study finds lack of finance is forcing 40% of SMES to halt, pause operations

Manx Financial Group has found 40% of SMEs have had to pause or stop aspects of their business due to a lack of financial resources. 

AI insurer Lemonade partners with General Catalyst to accelerate growth through Synthetic Agents

New York-based Lemonade, an AI-powered InsurTech firm with a strong emphasis on social impact, recently announced a significant partnership with General Catalyst (GC), a reputable venture capital firm and one of Lemonade's initial backers.

Zendrive and Autio join forces: Changing the game for auto insurance and audio entertainment

Leading driving safety analytics firm, Zendrive, has announced a strategic partnership with Autio, the unique location-based audio entertainment app. This innovative alliance pairs compelling audio stories with the concept of safer driving, delivering a distinctive, engaging experience for drivers on the road.

News Stories

Slow week for FinTech, with just $350m raised across 10 deals

It was a slow week for FinTech deals, with just $350m raised across 10 deals.  This represented a significant drop from the previous weeks. A...
How Majesco made the transition to becoming an AI-first company

How Majesco made the transition to becoming an AI-first company

While hype around AI has intensified recently, it has been around for decades, albeit confined to more niche and specific technology branches that lacked...
Allianz UK simplifies digital trading for SME brokers

Allianz UK simplifies digital trading for SME brokers

Allianz UK, the insurance giant, has refreshed its Complete Business proposition for digital trading, aiming to make it quicker and more straightforward for brokers...
WBS extends Quai Digital deal with fractional dealing

WBS extends Quai Digital deal with fractional dealing

WBS, a UK-based provider of dealing, custody and technology solutions for the investment sector, has agreed a five-year extension to its partnership with Quai...
Cardless strengthens executive team for next growth phase

Cardless strengthens executive team for next growth phase

Cardless, an AI-powered financial services platform that enables brands to launch and manage co-branded card programmes, has appointed Mark Troianovski as chief business officer...

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