FinTech News

Acton Capital holds final close for its fifth fund

Venture capital firm Acton Capital has held the $215m final close for its Acton Fund V, eyeing tech-enabled business models and startups. With the new...

EML Payments to acquire 100% of Prepaid Financial Services Ireland

EML Payments has wholly acquired Prepaid Financial Services Ireland (PFS) for an upfront enterprise value of £226m.
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Goldman Sachs said to buy digital credit card company Final

Goldman Sachs has reportedly agreed to acquire digital credit card developer Final to help the bank expand its consumer efforts.

Monzo to hire 500 new employees and take another crack at paid accounts

UK-based challenger bank Monzo is planning to grow its staff from 1,500 to 2,000 and to relaunch its failed premium services.
Navigating KYC and KYB: Essential strategies for regulatory compliance in FinTech

Navigating KYC & KYB Compliance

In the realm of FinTech, understanding the nuances between Know Your Customer (KYC) and Know Your Business (KYB) is essential for businesses navigating the complexities of regulatory compliance and risk management. Both KYC and KYB processes are foundational in building trust and ensuring financial integrity within companies.

Cybercrime is rife in Latin America but is often overlooked study finds

Drug cartels, political corruption, economic struggles and internet censorship are all factors that have contributed to making Latin America a hotbed for cybercrime, according to a new report.
OMNIA's Airdrop: Rewarding engagement in the DeFi realm

OMNIA’s Airdrop: Rewarding engagement in the DeFi realm

OMNIA, a prominent player in the crypto realm, stands at the forefront with its high-performance RPC, aimed at amplifying the DeFi experience for its...
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Luminance soaks up $3m for AI-driven due diligence

Artificial intelligence-driven due diligence processor Luminance has raised $3m in a new round of funding from Invoke Capital Partners.
Akur8 and Madison Mutual Insurance join forces to redefine pricing in personal insurance lines

Akur8 and Madison Mutual Insurance join forces to redefine pricing in personal insurance lines

Madison Mutual Insurance Company (MMIC), a prominent Midwest insurer, and Akur8, a groundbreaking solution provider for non-life insurance pricing, have announced their partnership. The collaboration...

Wealth management technology builder Addepar closes new round

Wealth management technology platform Addepar has collected $40m in a funding round from global equity firm WestCap Group.

News Stories

AuthenticID's new Smart ReAuth battles identity fraud

AuthenticID’s new Smart ReAuth battles identity fraud

AuthenticID, a leader in identity verification and fraud prevention, has recently upgraded its Smart ReAuth platform.
Countingup and Sleek unveil Tax Pro: Revolutionising tax compliance for limited companies

Countingup and Sleek unveil Tax Pro: Revolutionising tax compliance for limited companies

Countingup, a prominent UK business account and financial app, has joined forces with the accountancy service Sleek to roll out a new tax solution aimed at limited company owners.
Pine Labs and Visa unite to accelerate digital payments in Bharat with new soundbox device

Pine Labs and Visa unite to accelerate digital payments in Bharat with new soundbox...

Pine Labs and Visa have partnered to launch the Pine Labs Mini, a versatile payment device aimed at boosting digital payments in Bharat.
The FinTech sector celebrated a solid week of funding, as it secured almost $750m over the past seven days.

Almost $750m raised on solid week for FinTech funding

The FinTech sector celebrated a solid week of funding, as it secured almost $750m over the past seven days.
Permata and JCB unveil the Ultimate Card for elite travel and dining experiences

Permata and JCB unveil the Ultimate Card for elite travel and dining experiences

JCB International Indonesia, a subsidiary of the global payment brand JCB International Co., and Indonesian financial giant PT Bank Permata have collaborated to introduce the Permata JCB Ultimate Card.

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