FinTech News

Digital payments to rise 70% in five years

Usage of digital payments in Europe is expected to rise by 70% in the next five years, as the global e-commerce landscape becomes worth $6.9trn.

Challenger bank OakNorth hits profitability in first year

Entrepreneur-focused challenger bank OakNorth is proving just how big an impact these digital-only alternatives could have on traditional banking by breaking even in its first year on the market.

CISA set to open UK-based office to foster global cooperation

The US Cybersecurity and Infrastructure Security Agency (CISA) has revealed it is set to open an office in the UK to ‘boost international cooperation and collaboration’. 

European Banking Authority releases report on FinTech’s impact on payment sector

The European Banking Authority (EBA) has released its thematic report on the impact of FinTech on payment institutions (PIs) and electronic money institutions (EMIs) business models.
Are WealthTech companies feeling the pinch of less funding?

Are WealthTech companies feeling the pinch of less funding?

The global FinTech sector is experiencing a significant decline in funding. While people feared Covid-19 would impact funding, 2020 and 2021 all proved to be some of the strongest years for funding. However, it looks like the current financial landscape has taken a dip.

Wirecard innovation team joins finleap

One innovation team from collapsed FinTech giant Wirecard has joined Berlin-based FinTech finleap.

Romania-based FintechOS nabs €600k seed, with plans to raise another €400k by year end

FintechOS, a provider of digital transformation technology to financial institutions, has pulled in €600,000 in seed funding.

Oak HC/FT secures $600m for new FinTech and health fund

Oak HC/FT has closed its second fund with $600m to invest in healthcare and FinTech as well as areas where the two industries overlap.

Digital asset platform Moss.earth reels in $10m Series A

Moss.earth, a digital asset platform that has developed a tokenized carbon credit to help speed up the transition to web 3.0 in carbon markets, has closed a $10m Series A.

Payments FinTech nsKnox raises $15m in Series A round

Corporate payment?protection start-up?nsKnox has raised $15m in a Series A investment round, as it plans the global expansion of its service platform.The round was...

News Stories

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.
Iress partners with Nomo Bank to introduce Sharia-compliant mortgages on Xplan and Trigold

Iress partners with Nomo Bank to introduce Sharia-compliant mortgages on Xplan and Trigold

Iress, a leading technology provider for the financial services industry, and Nomo Bank, a pioneering Sharia-compliant digital bank in the UK, have announced a significant partnership.

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