FinTech News

Backbase opens Dubai office help Middle-Eastern banks become digital

Amsterdam-based digital bank software provider, Backbase is opening a Dubai office to offer banks in the Middle East more opportunities to go digital.

Global InsurTech funding in the first three quarters of the year has already surpassed...

Almost $4bn was raised by InsurTech companies globally in the first nine months of 2019

Institutional Libra backers are getting cold feet

Visa and Mastercard are reportedly having second thoughts about participating in Facebook's cryptocurrency project. Read more: The Wall Street Journal

Russian nuclear scientist fined $7,000 for using a super computer in a top secret...

A Russian nuclear scientist has been fined for using one of the country’s most powerful super computers, located in a top secret lab, to mine bitcoin.

Rapyd could be nearing “unicorn territory” after bagging $100m in Series C investment round

Payments company Rapyd has secured a $100m Series C funding round led by Oak HC/FT, the healthcare and FinTech investor.

Funderbeam secures licence to operate in Singapore

Funderbeam, the funding and trading platform, has made a huge step towards entering the Asian market by getting a licence to operate as a financial services company in Singapore.

Block.one settles SEC lawsuit by paying $24m fine for trading an unregistered ICO

Block.one, the blockchain technology venture, will have to fork out $24m for settling its legal issues with the US Securities and Exchange Commission (SEC).

KR1 hits £4.5m in profits in the first half of 2019 despite bitcoin volatility

KR1, an investment company focusing on the blockchain ecosystem, has announced it made a profit of £4.5m in the first six months of 2019. George...

Is it fear of automation or something else that keeps big banks from adopting...

Lots of huge financial institutions talk the talk about innovation, but few seem to walk the walk and actually implement RegTech solutions. That is according...

Augmentum Fintech invests €6m in German rentals platform Grover

Grover, the technology rentals platform, has raised a €11m (£9.77m) funding round led by Augmentum Fintech, the London-based FinTech venture capital firm.

News Stories

Over $3bn raised in this week's 29 FinTech funding rounds

Over $3bn raised in this week’s 29 FinTech funding rounds

Over $3bn was raised by FinTech companies this week, supercharged by a colossal €1.5bn raised by UK-based SumUp. 
Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena, a pioneering FinTech company known for its cloud-native, API-led microservices-based multi-product platforms, has appointed Rajesh Mehta to its Growth Advisory Board.
League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League Data and Mambu have embarked on a groundbreaking journey to transform the Canadian financial landscape by introducing advanced cloud banking solutions to credit unions.
Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint, known as the world's most accurate device intelligence platform, is partnering with Oscilar, a leader in AI-driven risk and fraud management.
Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English, an online English-learning platform operating in over 30 countries, and dLocal, a leading cross-border payment platform specializing in high-growth markets, have recently announced a significant partnership.

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