FinTech News

Compliance serves as the bedrock upon which businesses build trust, stability, and long-term sustainability in an ever-evolving regulatory environment. However, the intricacies of today's space often pose a significant challenge for FinTechs looking to effectively traverse the regulatory landscape.

A deputy chief economist at the FCA said that robo-advice can be a ‘very good’ complement to human financial advice but won’t replace it.

At a time of heightened customer expectations, financial institutions are facing intensifying pressure to make data collection for KYC as smooth and painless as possible.

Unchained, a financial services firm offering loans for bitcoin holders, has secured $60m in a Series B led by Valor Equity Partners.

While Covid-19 has caused InsurTech investment to plummet, the market will see both short-term and long-term winners.

Payments processing firm Payworks has raised $4.5m in a Series A round of funding from Rumford and HW Capital. Existing backer Speedinvest also join the round.

IDEX Biometrics, a global technology leader in fingerprint biometrics, has been fully certified by Mastercard, a leading multinational financial services corporation.

Salaryo, which provides freelancers and startups with financial flexibility, has collected $5.5m in its funding round.

The KYC and refresh process in financial services can often be heavily burdensome, complex and costly for companies, with processes still lacking up-to-date technologies.

Lyon-based FinTech company Mon Petit Placement has raised €6m in seed funding, 18 months after the launch of its commercial offer.