FinTech News

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Turnkey Lender receives investment from Vertex Ventures

Turnkey Lender has reportedly received an undisclosed investment from Vertex Ventures.
fintech-news

Atom Bank announces £83m from BBVA with more on the way

UK challenger bank Atom Bank has raised a further £83m in equity capital. The round takes Atom’s total funding to £219m and values the Durham-based company at £261m.
fintech-news

Quona Capital’s Accion Frontier Inclusion Fund closes with $141m

Early growth-stage fintech investor Quona Capital and non-profit firm Accion have reach a final close of $141m on their financial inclusion-focused fund.
fintech-news

Kraken gobbles up charting and trading platform Cryptowatch

Digital asset exchange Kraken has acquired charting and trading platform Cryptowatch in an undisclosed deal.
fintech-news

Next Insurance grabs $29m to cover SMEs

Online insurer to small and medium sized businesses Next Insurance has picked up $29m in a Series A round led by Munich Re/HSB Ventures.
fintech-news

FinTech investor Ribbit Capital looks for $300m for new fund

Palo Alto-based FinTech investor Ribbit Capital is on the hunt for a new fund. The Wealthfront, Avant and Funding Circle backer is looking for $300m, according to an SEC filing.
fintech-news

Floodgate closes sixth VC fund at $131m

Early stage VC Floodgate has closed its latest fund at $131m according to an SEC filing that shows the firm brought in cash from eight investors.
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Property platform BrickVest grabs first half of £4m round

London-based real estate investment platform BrickVest has raised half of its latest £4m funding round. The company took on £2m from angel investors.
fintech-news

More good news for lending as Upstart nabs $32.5m Series D

In the wake of Prosper’s $5bn loan financing deal, there’s further positive signs for the online lending space with Upstart raising $32.5m in its Series D round.
fintech-news

Lending and credit health startup CreditMantri scoops up $7.6m

Indian digital lending and financial wellness startup CreditMantri has raised $7.6m in its Series B round. The investment was led by Quona Capital.

News Stories

MidWestOne Bank enhances digital customer onboarding with Temenos SaaS on AWS

MidWestOne Bank enhances digital customer onboarding with Temenos SaaS on AWS

MidWestOne Bank, headquartered in Iowa and servicing around 140,000 customers across four states, has successfully implemented Temenos Digital Onboarding as Software as a Service (SaaS) on Amazon Web Services (AWS).
Consumer Duty

One year on: How has Consumer Duty impacted the industry?

On July 31 last year, the long-awaited Consumer Duty legislation came into effect in the UK, following months of preparation and industry attention.
Six ways tech is revolutionising M&A for insurers

Six ways tech is revolutionising M&A for insurers

Mergers and acquisitions (M&A) have long been pivotal strategies for growth within the insurance sector, enabling firms to expand their market presence, enter new territories, and secure competitive advantages.
video

What are the main concerns financial institutions should have around using AI?

As financial institutions look to increase their adoption of artificial intelligence (AI), they need to ensure they are able to trust the technology. These AI tools can have gain access to sensitive data and if the correct measures are not implemented, can cause a myriad of problems. 

Candriam launches ESG Market Neutral Fund targeting sustainability leaders

Candriam, a sustainability-focused asset management firm, has announced the launch of its new fund, the Candriam Equities L ESG Market Neutral Fund.

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