India’s Perfios hits $2bn valuation after Series C close
India-based Perfios, which builds financial statement analysis software, has reportedly reached a valuation of more than $2bn.
Hong Kong’s StockViva nabs $3m
Hong Kong-based StockViva, which offers a financial real-time analytics platform, has reportedly raised $3m in its Series A funding round.
Why data is the golden currency
In a world that is becoming ever-more globalised, the need and use of data is becoming central to establishing yourself as bigger and better than the rest.
MAS unveils assessment methodologies for responsible AI use in financial services
The Monetary Authority of Singapore (MAS) has released five whitepapers detailing assessment methodologies to help guide responsible use of AI in financial services.
Overwhelming majority of organisations suffer from data decision gap
Quantexa has found 95% of organisations suffer from the data decision gap, which is an inability to bring together internal and external data needed to make accurate decisions.
Derivatives analytics platform OpenGamma scores $21m
OpenGamma, which is on a mission to transform treasury within financial markets, has closed a $21m in funding.
Credit score FinTech SavvyMoney rakes in $45m growth investment
FinTech SavvyMoney has raised $45m from a growth investment rounded headed by growth equity firm Spectrum Equity with participation from TransUnion.
SaaS provider for asset allocation T-REX gets claws on $40m
T-REX Group, a SaaS provider for the asset-backed financing industry, has closed its Series C round on $40m.
Mastercard seeks racial equity in credit approvals through new data center
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.
Malaysia’s BNM reveals five-year blueprint to transform its FinTech sector
The Bank Negara Malaysia (BNM) has unveiled a five-year blueprint to help develop the country’s FinTech industry.
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