The pandemic has allowed Big Tech companies such as Google and Amazon to strengthen their grip on financial services, according to The Financial Stability Board.
UAE-based FinTech platform QFIL Solutions has raised a $1m pre-seed investment, ahead of its launch.
Quiver Quantitative, which designs next-generation investment research tools, has bagged $2m in an equity round.
Hong Kong-based StockViva, which offers a financial real-time analytics platform, has reportedly raised $3m in its Series A funding round.
OpenGamma, which is on a mission to transform treasury within financial markets, has closed a $21m in funding.
Mastercard and Howard University have provided a $5m grant to create a centre focused on eliminating biases in AI and making the credit approval process more racially equal.
The Bank Negara Malaysia (BNM) has unveiled a five-year blueprint to help develop the country’s FinTech industry.
Illinois-based financial institution Iroquois Federal and banking tech vendor Nymbus have teamed to launch a new banking brand for newly married couples.
Open banking platform Tink has partnered with Green FinTech Cogo to provide NatWest customers with personalised carbon footprint tracking services.
After it was revealed UK consumers racked up £3.3bn in buy now, pay later (BNPL) debts over Christmas 2021, a study by Credit Karna has found a growing debt bubble amongst customers.