Digital identity company Trulioo raises $52.8m in Series C funding
Trulioo, a Canada-based global identity verification platform, has raised CAD $70m ($52.8m) in its Series C funding round.
Wallit collects $2.6m in funding, alongside rebrand from Ourly
Wallit, a rewards-savings app aimed towards teenagers, has collected $2.6m in a seed funding round which will help it keep up with rising demand.
Azur launches two new insurance products for high net worth clients
Azur, the managing digital agent, has announced the launch of two new products – Azur Niche and Azur Unoccupied – to meet the broad insurance needs of high net worth clients.
Wealth management firms haemorrhage clients because they struggle to comply with new KYC and...
New regulations to prevent money laundering are part of the reason why wealth management firms are struggling to onboard their clients fast enough and risk losing them.
FinTech investment in Personal Finance companies tops $700m in the first six months of...
Personal Finance is a subcategory of the WealthTech sector which has raised more than $6bn globally between 2014 and H1 2019, across 637 transactions....
Child-focused banking platform Greenlight Financial Technology bags $54m Series B
Greenlight Financial Technology, which aims to help parents raise financially smart children, has bagged $54m in its Series B.
Banks fear open-banking and tech titans as non-cash payments soar around the world
The world is in the midst of a cashless payment boom. However, many banks will not take the steps to embrace open banking and fear the looming threat of big tech companies’ competition.
FOSSA bags $8.5m in its Series A led by Bain Capital and Costanoa
FOSSA, an open source management company, has bagged $8.5m in its Series A round which was led by Bain Capital Ventures and Costanoa Ventures.
What FinTech leaders can learn about succession planning from Jack Ma stepping down
The Alibaba founder has left his role as a chairman of the e-commerce giant in way that can provide some tips for other founders on how to create their own succession plans.
Online lending app Moneybaba receives funding to support growth in Africa
Online lending platform for emerging markets Moneybaba has closed a ?major investmentfrom EMEA Capital and Duet Group.
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