FinTech News

Traditional banks to lose market share to neobanks according to new research

Challenger banks are about to grow the transactions conducted between businesses by 42% by 2022 and will take market shares from traditional vendors, according to new research from Juniper Research.

Corvus opens Atlanta office, names new cyber underwriting VP

Corvus Insurance has opened a new office in Atlanta, as the InsurTech brings in Joel Fehrman as vice president of cyber underwriting. Corvus provides a digital...

Sopra Banking Software becomes Tink’s channel partner

Digital banking and financial software company Sopra Banking Software has joined forces with Tink as a strategic channel partner.

Philippines’ central bank stiffens reporting standards for payment system operators

The Bangko Sentral ng Pilipinas (BSP) has placed firm reporting standards for operators of payment systems in a move to make the Philippines’ payment system strong and more efficient.

K2 Cyber Security launches services, alongside $6m seed close

K2 Cyber Security has launched its cloud workload security platform, alongside the close of a $6m seed round.

Scotland’s FinTech ecosystem gets £22.5m power-boost to fund Global Open Finance Centre of Excellence

Global Open Finance Centre of Excellence (GOFCoE) has received £22.5m in new capital to strengthen the FinTech ecosystem by providing a place to research and develop innovative solutions in the open banking and financial data space.
fintech-news

Mylo Financial Technologies closes $2m Seed round

Canada-based spare change platform Mylo Financial Technologies has closed its seed funding round on CAD $2m ($1.6m).

Quantifind’s new COO warns firms of the three rising elements of financial crime

Quantifind has had a busy year forming new partnerships and launching new tools. Its latest deal has seen it team up with Polaris to...

Steady raises $9m in round, alongside appointment of Shaquille O’Neal as advisor

Steady, a platform to help freelancers support their income, has secured $9m in its Series A funding round.

Howden’s Aston Lark acquires insurance broker Curtis Marine

Howden-owned Aston Lark has announced the acquisition of Curtis Marine, a Plymouth-based marine insurance broker.

News Stories

US-based CyberTech companies dominated this week's FinTech funding

US-based CyberTech companies dominated this week’s FinTech funding

it was a strong week for US-based CyberTech companies, accounting for eight of the total 26 FinTech deals covered this week.  In total, FinTech Global...
Realm.Security secures $5m in seed funding to streamline cybersecurity data management

Realm.Security secures $5m in seed funding to streamline cybersecurity data management

Realm.Security, a startup tailored for cybersecurity, has stepped out of stealth mode and announced a $5m seed investment spearheaded by Accomplice and Glasswing Ventures.
Fora Financial boosts liquidity with a record $126.9m asset-backed securitization

Fora Financial boosts liquidity with a record $126.9m asset-backed securitization

Fora Financial, a prominent FinTech company providing financial solutions to small and medium-sized businesses (SMBs), announced today the closure of its third and largest asset-backed securitization (ABS) valued at $126.9m.
Novatus Global bolsters RegTech prowess with $40m investment

Novatus Global bolsters RegTech prowess with $40m investment

Novatus Global, a London-based leader in regulatory technology, has announced a significant growth investment of $40m from Silversmith Capital Partners, a growth equity firm located in Boston.
Ledgebrook's innovative push in InsurTech garners $17m Series B funding

Ledgebrook’s innovative push in InsurTech garners $17m Series B funding

Ledgebrook, the rapidly growing InsurTech firm, has successfully closed a $17m Series B funding round.

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