Banking Infrastructure

United Fintech in third take-over of the year with FairXchange

United Fintech, which enables banks and financial institutions to accelerate their digitalisation efforts, has acquired a 25% stake in London-based FairXchange for an undisclosed...

GIMO secures funding to serve Vietnam’s blue-collar workers

Vietnamese FinTech startup GIMO, which offers on-demand pay for blue-collar workers, has raised $1.9m in a seed+ round led by Singapore’s Integra Partners. The round...

Hollydesk becomes Egypt’s first SME expenses and accounts FinTech to raise capital

Egypt-based Hollydesk has collected $325,000 in pre-seed funding, which makes it the first FinTech in the country aimed at managing SME expenses and accounts to raise capital.

Asilimia digitising financial economy for micro and small businesses in East Africa

Asilimia, which is building digital infrastructure to connect African MSMEs to the financial economy, has collected $2m in funding to support its growth.

Why flexibility is imperative when developing digital financial services

A recent blogpost by WealthTech firm Kidbrooke has examined the key technological factors that ensure the flexibility of digital financial services.

Tally Money launches savings product worth its weight in gold

UK-based Tally Money has launched a savings account, underpinned by gold, that offers a market-leading 2% fixed-rate return.

Oportun set to acquire neobank Digit in $213m deal

US FinTech company Oportun has entered an agreement to acquire neobanking platform Digit in a deal set to be worth $212.9m.

Ozow lands funding in a bid to provide innovative payment solutions

South African FinTech startup Ozow has raised $48m in Series B funding, led by internet and technology company Tencent.

Broadridge launches Dashboard tool to demystify ESG ratings

Fintech company Broadridge Financial Solutions has launched an ESG Dashboard in a bid to help companies better understand and monitor their ESG ratings.

Aplazo looks to extend LatAm presence following $27m Series A

Mexican buy now, pay later (BNPL) company Aplazo has netted $27m from a Series A funding round led by Oak HC/FT.

News Stories

Cybsafe

Banking sector tops consumer trust for cybersecurity, research finds

Research from CybSafe has unveiled that consumers place the highest trust in the banking industry when it comes to safeguarding sensitive data.
Urban Jungle, a London-based insurance startup, is gearing up to announce a substantial funding round of around $14.4m this week, as reported by Sky News.

Insurance startup Urban Jungle set to announce $14.4m funding raise

Urban Jungle, a London-based insurance startup, is gearing up to announce a substantial funding round of around $14.4m this week, as reported by Sky News.
AAB

AAB Group launches dedicated ESG division to navigate regulatory changes

AAB Group is a professional services firm, offering a comprehensive range of financial and advisory solutions to businesses across the UK and Ireland. According to...
FSB

FSB Asia highlights urgency for climate-focused financial stability measures

FSB RCG Asia convened in Colombo today, addressing crucial financial concerns and exploring avenues for bolstering regional financial stability.
Loadsure, an international InsurTech managing general agent (MGA) and Lloyd’s coverholder, has launched into the European market.

InsurTech MGA Loadsure enters European market

Loadsure, an international InsurTech managing general agent (MGA) and Lloyd’s coverholder, has launched into the European market.

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