FinTech News

Digital identity solution Alloy closes its Series B on $40m

Alloy, an identity operating system for the financial services space, has closed its Series B round on $40m.
NeoSwap

NFT trading startup NeoSwap AI nets $2m pre-seed

NeoSwap AI, an AI-powered NFT trading startup, has closed its pre-seed investment round and bagged $2m.

UK regulator says stablecoins are e-money

The UK's Financial Conduct Authority has released an update on the cryptocurrency market.
FNZ to acquire fellow wealth management company DIAMOS

FNZ to acquire fellow wealth management company DIAMOS

Global wealth management platform FNZ has agreed to acquire specialised WealthTech provider DIAMOS to enhance its global wealth management platform.
Taurus

Digital asset infrastructure firm Taurus picks up $65m

Taurus, a digital asset infrastructure provider, has scored $65m in a Series B funding round headed by Credit Suisse.
The Net-Zero Asset Owner Alliance, a coalition of prominent institutional investors, has announced its latest initiative aimed at directing $9.5tn in assets towards sustainability.

Net-Zero Asset Owner Alliance launches ambitious climate protocol for $9.5tn in assets

The Net-Zero Asset Owner Alliance, a coalition of prominent institutional investors, has announced its latest initiative aimed at directing $9.5tn in assets towards sustainability.

Striking a balance between compliance and customer experience during client onboarding

The onboarding process requires financial institutions to comply with increasing global and regionally specific regulations while also delivering an enhanced customer experience. As a result,...

Global WealthTech investment on track for its worst year since 2017

Investment in the sector is expected to slow down for the remainder of the year as the momentum from record H2 2019 wears off

Beeks Financial Cloud receives £2m grant from Scottish Enterprise

Beeks Financial Cloud Group, a cloud computing and connectivity provider for banks, has received a £2m R&D grant from Scottish Enterprise.

Finance ministers set to agree on new EU anti-money laundering authority recommendations by Thursday

From the huge Danske Bank scandal to a rising number of reports in the UK, money laundering is a growing concern for finance ministers in the EU.

News Stories

Visa reinvents account-to-account payments with enhanced consumer protections

Visa reinvents account-to-account payments with enhanced consumer protections

Visa has unveiled a new initiative, Visa A2A, set to transform the landscape of account-to-account (A2A) payments by enhancing consumer control and protection.
Sedric AI clinches $18.5m to pioneer AI compliance solutions in FinTech

Sedric AI clinches $18.5m to pioneer AI compliance solutions in FinTech

Sedric AI, a leading innovator in AI-driven compliance solutions for financial institutions, announced today that it has successfully secured $18.5m in Series A funding.
European software firm SecureFlag bags significant funding from Copilot Capital

European software firm SecureFlag bags significant funding from Copilot Capital

Copilot Capital, a pioneering private equity firm dedicated to nurturing the growth of European software companies, has announced a significant majority investment in SecureFlag, a dynamic software company known for its cutting-edge cybersecurity training solutions.
Fido raises $30m to boost financial inclusion in East and Southern Africa

Fido raises $30m to boost financial inclusion in East and Southern Africa

Ghana's fintech innovator, Fido, recently bolstered its financial capacity with a significant $30m Series B funding round.
Upsolve secures $4.2m Gates Foundation grant to launch financial counselling AI for low-income Americans

Upsolve secures $4.2m Gates Foundation grant to launch financial counselling AI for low-income Americans

Upsolve, renowned as the nation's top nonprofit financial education platform, has recently secured a substantial grant to further its mission.

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