Infrastructure & Enterprise Software

Crezco closes seed round to build UK’s first open banking payment service aimed at...

Crezco, which claims to be the UK’s first open banking payment solution aimed at b2b invoice payments, has netted £3m in its seed round.

Over 100,000 banking jobs predicted to be lost in next five years to automation

Wells Fargo managing director Mike Mayo has claimed he expects automation to eliminate over 100,000 banking jobs over the next five years.

Majority of bankers see customer experience, not products as future of banking

A report published by Temenos has found four in five bankers believe financial institutions will look to discern themselves on customer experience rather than products or services.

Cocoon launches its leave compliance tool alongside Series A close

Cocoon has launched the first full-suite software solution that removes complex leave processes, alongside the close of its Series A funding round.

How WealthTech innovation is driving the rise of the neo-broker

A recent blogpost by Currencycloud has scrutinised how innovation in the WealthTech market is driving the rise of the neo-broker in wealth management.

Confidence in banks and bank branches remains high in the UK

A recent bi-annual study by Toluna has found that a majority of UK consumers still have strong confidence in banks and see bank branches as playing an important role.

FinTech-as-a-service platform Rize secures Series A funding

Rize, a self-stylised FinTech-as-a-service platform, has closed its Series A on $11.4m as it continues its mission of revisioning the financial world.

BNPL market gets new big player as Mastercard launches Installments

Mastercard has entered the buy now, pay later (BNPL) market after it unveiled flexible payment platform Installments in the US, the UK and Australia.

Aspire scores $158m in its Series B round

Aspire, a platform designed to help a business with all their financial needs, has reportedly collected $158m in Series B funding. The round was led...

BaaS platform Swan inks $16m funding to extend global footprint

Banking-as-a-service (BaaS) platform Swan has snared $16m in equity funding from venture capital firm Accel.

News Stories

Boosting identity-based security, Elisity raises $37m from Insight Partners

Boosting identity-based security, Elisity raises $37m from Insight Partners

Elisity, a leading pioneer in identity-based microsegmentation, announced a significant financial boost with a $37m Series B funding round led by global software investor...
Blend Labs secures $150m from Haveli Investments to boost financial service innovations

Blend Labs secures $150m from Haveli Investments to boost financial service innovations

Blend Labs, known for its cloud banking services, and Haveli Investments, a technology-focused private equity firm, have announced a strategic partnership marked by a significant $150m investment in Blend by Haveli.
Corelight bags $150m in Series E funding to boost AI security innovations

Corelight bags $150m in Series E funding to boost AI security innovations

Corelight, a prominent player in open network detection and response (NDR) headquartered in San Francisco, recently secured a substantial $150m in Series E funding.
Backflip secures $15m in Series A to redefine real estate FinTech

Backflip secures $15m in Series A to redefine real estate FinTech

Backflip, an all-encompassing real estate and financial technology platform, has closed a $15m Series A funding round, spearheaded by FirstMark Capital, known for their early investment in other category-defining platforms like Airbnb, Shopify, and Pinterest.
Navigating corporate reporting: How CSRD is changing the game

Majority of companies not subject to CSRD still plan to align with its requirements

The majority (81%) of companies not subject to the European Union’s Corporate Sustainability Reporting Directive (CSRD) intend to partially or fully align their sustainability...

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2023 with details on each solution

120,000+ FinTech leaders get exclusive industry stories delivered every week