FinTech News

Banking app Monese and cross-border deposits marketplace Raisin launch new service

Monese Savings is the new brainchild born out of a collaboration between Monese, the banking app, and Raisin, the cross-border deposits marketplace.

LMAX Digital receives ‘in-principle license for distributed ledger technology

Institutional crypto currency exchange LMAX Digital has received an ‘in-principle’ license as a Distributed Ledger Technology (DLT) provider from the Gibraltar Financial Services Commission (GFSC).

Zego launches into Spain, alongside new Madrid office opening

London-based InsurTech startup Zego has launched its solution in Spain and opened a new office in Madrid.

Insurance companies cannot risk overlooking the importance of compliance

The insurance industry is relatively more focused on developing products and serving clients than further developing its compliance framework, according to Priscilla Cournède, head of group prudential and regulatory developments at SCOR.

LinkSquares bags $4.8m in oversubscribed round

LinkSquares, an AI-powered contract analytics software developer, has bagged $4.8m in an oversubscribed funding round. The capital injection was led by Boston-based VC firm Hyperplane...

IDEX partners with Blockpass to promote compliance in blockchain

Blockchain-based identification platform Blockpass has partnered with Ethereum cryptocurrency exchange IDEX to promote compliance in the blockchain ecosystem. Through the partnership both parties will work with blockchain-based businesses to implement KYC...

Tokeny receives €5m in funding from European stock exchange Euronext

Tokeny Solutions, a compliant tokenisation platform, has received a €5m investment from pan-European exchange Euronext.

Relation Insurance acquires employee benefits platform Villane Ward

Relation Insurance Service, and insurance brokerage company, has acquired employee benefits developer Villane Ward Insurance Services.

Wefox gathers $125m in Series B round as it eyes rest of Europe

Berlin-based InsurTech Wefox has reportedly raised $125m for its Series B funding round led by Mubadala Ventures. The Abu Dhabi government's venture arm used its newly...

Project A Ventures almost halfway to Fund III goal after registering €106m

Project A Ventures has registered €106m of capital commitments for its latest investment fund to put it almost halfway to its goal. The firm is aiming to...

News Stories

Slow week for FinTech with $557m raised across 16 deals

Slow week for FinTech with $557m raised across 16 deals

The UK leads the way in a slow week for FinTech, with just 16 deals completed globally and a total of $557.5m raised.  In a...
Glia introduces online calculator for benchmarking customer interactions in finance

Glia introduces online calculator for benchmarking customer interactions in finance

Glia, a pioneering force in customer interaction technology, has unveiled its latest innovation—the Unified Interactions Index Online Calculator.
TrueLayer lands $50m boost to pioneer pay-by-bank innovation in Europe

TrueLayer lands $50m boost to pioneer pay-by-bank innovation in Europe

TrueLayer, recognised as Europe's premier pay-by-bank network, has recently completed a significant fundraising milestone by securing an additional $50m.
Standard Life and Raindrop launch revolutionary free pension tracing service

Standard Life and Raindrop launch revolutionary free pension tracing service

Paysend, a pioneering UK-based FinTech company, has launched a new remittance solution, Paysend Libre, aimed at bolstering financial inclusion across Northern Central America.
WTW bolsters UK wealth management influence with strategic stake in Atomos

WTW bolsters UK wealth management influence with strategic stake in Atomos

WTW has announced its acquisition of a stake in Atomos, a prominent, advice-led wealth manager operating in the UK.

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