FinTech News

Try now and buy later platform TryNow closes $12m Series A

TryNow, a software platform designed to help consumers try items before they buy them, has scored $12m in its Series A round.
Bloomberg

Bloomberg launches climate tilted bond indices for eco-conscious investors

Bloomberg, a leader in finance, software, data, and media, has announced the launch of the Bloomberg Government Climate Tilted Bond Indices.

How do EU and UK AML regulations differ post-Brexit?

Prior to the UK leaving the EU at the beginning of 2021, the UK had mostly regulatory alignment with the Union. Since Brexit, the divisions have emerged. How has this impacted AML regulatory alignment?
mTek, a Kenyan-based InsurTech firm, has secured an investment of $1.25m (KSh 167.8m) to advance its expansion plans within the Kenyan and East African insurance markets.

African Risk Capacity (ARC) announces pair of new additions to its board

African Risk Capacity (ARC), a renowned insurance firm, has announced a pair of additions to its board.
UAE

UAE and Hong Kong unite to enhance financial cooperation

The UAE Banks Federation (UBF) and the Hong Kong Association of Banks (HKAB) have recently entered a significant MoU.

Practifi collects AUS $24m in Series B as it looks to grow international presence

Business management platform Practifi has scored AUS $24m ($16m) in its Series B round which was led by Updata Partners.

Backbase partners with Finxact to help digitalisation of banks

Backbase, an omni-channel digital banking platform, has partnered with Finxact partner to help financial institutions across North America with their digital transformation.

Stripe rival Mollie bags $800m mega Series C round at $6.5bn valuation

Amsterdam-based online payments processor Mollie becomes the third-largest FinTech unicorn in Europe after rival Checkout.com as it sealed a massive $800m financing round valuing the company at $6.5bn.

Data security firm Carbonite is reportedly looking to sell and the markets are loving...

Boston-based Carbonite’s stocks jumped by 20% on Friday after Bloomberg revealed that the data security firm might be looking for a takeov

IntellectEU launches AI platform to bolster wealth management personalisation

Belgian IT company IntellectEU has introduced VELMA, an AI platform that allows financial advisors to offer ‘hyper-personalisation’ in the wealth management sector.

News Stories

Experian and Oakbrook forge new partnership to enhance loan accessibility

Experian and Oakbrook forge new partnership to enhance loan accessibility

Experian, a global leader in consumer and business credit reporting and marketing services, has teamed up with Oakbrook, a prominent non-bank provider of consumer lending solutions.
Quod Orbis and Archer forge partnership to revolutionise risk management strategies

Quod Orbis and Archer forge partnership to revolutionise risk management strategies

Quod Orbis, a Continuous Controls Monitoring (CCM) firm based in London, has announced a strategic partnership with Archer, a global pioneer in integrated risk management.
Shopify integrates PayPal to revolutionise US payment solutions

Shopify integrates PayPal to revolutionise US payment solutions

PayPal Holdings, a global leader in digital payments, and Shopify, a renowned commerce platform, have announced an expansion of their strategic partnership in the U.S.
Krom Bank and AWS partner to propel digital banking forward in Indonesia

Krom Bank and AWS partner to propel digital banking forward in Indonesia

Amazon Web Services (AWS) has partnered with PT Krom Bank Indonesia, a digital banking innovator in Indonesia, committed to serving the underbanked population with advanced, secure financial services.
Synpulse and Judo Bank revolutionize SME banking with new core platform

Synpulse and Judo Bank revolutionize SME banking with new core platform

Synpulse, a global management consulting firm, specializes in banking transformation and technological integration.

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