FinTech News

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Wealth management solution Envestnet acquires FolioDynamix from Actua

Envestnet, a wealth management and financial wellness solution, has acquired FolioDynamix from Actua Corp.
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Summit Partners leads majority recapitalisation of Trintech

Financial reporting company Trintech has received a majority recapitalisation by Summit Partners.
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AquaQ Analytics collaborates with Danske Bank

AquaQ Analytics is collaborating with Danske Bank to help the bank automate several manual tasks to increase efficiency and save time.
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MCCCU partners with Fiserv, Celero to boost growth

Motor City Community Credit Union has partnered with Fiserv and Celero to help boost growth and new services.
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Funding Circle said to be eyeing a $1bn+ IPO

P2P lending platform Funding Circle is reportedly looking to hold an IPO on the London stock exchange later in the year.
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InsurTech platform XAGENT closes $2.1m seed round

US-based XAGENT, a submission platform for retail property and casualty insurance agents, has netted $2.1m in seed funding.
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Appway launches regulatory review solution for wealth managers

Appway has launched a Regulatory Reviews for Wealth solution to help wealth managers comply with evolving regulations.
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Thoma Bravo acquires payment processor ABC Financial

Payment processing solution provider ABC Financial Services has been acquired by Thoma Bravo for an undisclosed amount.
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Moltin collects $8m Series A round led by Underscore

E-commerce software developer Moltin has collected an $8m Series A round led by Underscore VC.
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SEC halts AriseBank’s $1bn initial coin offering

The US Securities and Exchange Commission (SEC) has put the brakes on an initial coin offering (ICO) that was seeking to raise up to $1bn to develop ‘‎the world’s first decentralized bank’.

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.

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