FinTech News

neobank-creator-fintech-farm-raises-22m

Neobank creator Fintech Farm raises $22m

Fintech Farm, which is helping to create neobanks in emerging markets, has reportedly closed its Series B funding round on $22m.
Paylink has announced a secure automated debt consolidation solution that has already saved has already saved UK customers over £10m.

Paylink announces groundbreaking solution that saves UK customers over £10m

Paylink has announced a secure automated debt consolidation solution that has already saved has already saved UK customers over £10m.

Starling Bank closes £40m in funding, just months after its former round

UK challenger bank Starling Bank, has secured a further £40m in funding, just months after raising £60m.

MoneyGram takes stake in bitcoin ATM Coinme

Coinme, a US-based cryptocurrency cash exchange service, has received a strategic minority investment from MoneyGram International.
Lending platform Boopos raises $58m

Lending platform Boopos raises $58m

Miami-based lending platform Boopos has reportedly raised $58m in its Series A round, composed of debt and equity.

Mastercard and Citi Ventures join Flybits’ $35m Series C round

Canadian banking personalization portal Flybits has closed a Series C funding round led by Point72, the global venture capital firm.

NS8 lands $7.5m for ecommerce fraud prevention solutions

NS8, an eCommerce fraud prevention solutions company, has raised $7.5m in seed round funding round.

Infrastructure platform V?rtx scores $35m in its Series B round

V?rtx, an infrastructure platform for the financial market, has scored $35m in its Series B round, which was led by FTV Capital.
Circle Security launches out of stealth with credential phishing prevention tech

Circle Security launches out of stealth with credential phishing prevention tech

Silicon Valley start-up Circle Security has launched out of stealth with its credential phishing prevention-first cybersecurity platform.
Elevating insurance pricing models: Akur8 introduces derivative lasso for actuarial precision

Elevating insurance pricing models: Akur8 introduces derivative lasso for actuarial precision

In the realm of actuarial science, Akur8 has made a significant stride with the release of their latest research paper titled "Derivative Lasso: Credibility-Based Signal Fitting for GLMs."

News Stories

How the world's top banks and insurers are adopting GenAI tools

How the world’s top banks and insurers are adopting GenAI tools

In recent years, the integration of generative artificial intelligence (GenAI) tools within the financial sector has seen remarkable growth. A study conducted by ORX, a leading operational risk association, reveals that 75% of the world’s major banks and insurers are now utilizing external GenAI applications in their operations.
UK-based PeppercornAI bags £3.25m for AI-driven insurance solutions

UK-based PeppercornAI bags £3.25m for AI-driven insurance solutions

PeppercornAI, an InsurTech specialising in conversational artificial intelligence, has successfully raised £3.25m.
Encompass Corporation welcomes Stuart Barnard as new CFO

Encompass Corporation welcomes Stuart Barnard as new CFO

Encompass Corporation, a pioneer in Corporate Digital Identity (CDI), has recently announced the appointment of Stuart Barnard as its first Chief Financial Officer (CFO).
Unlocking the power of KYC Portal CLM in modern due diligence

Unlocking the power of KYC Portal CLM in modern due diligence

In the complex world of finance, due diligence is essential for protecting a company’s reputation and financial well-being. As customer demands for convenience increase and regulatory scrutiny intensifies, finding a balance is more important than ever. The solution lies in an innovative tool—KYC Portal Customer Lifecycle Management (CLM). The RegTech company recently compiled a guide on its role in enhancing due diligence processes.
Apax Digital Funds backs IANS Research with new investment to boost InfoSec services

Apax Digital Funds backs IANS Research with new investment to boost InfoSec services

IANS Research, a leading provider of independent research and advisory services for the information security industry, has just secured a significant investment from Apax Digital Fund II. 

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2023 with details on each solution

120,000+ FinTech leaders get exclusive industry stories delivered every week