P2P Lending

Does regulation pose a threat to buy now, pay later market growth?

The BNPL market has seen a financial boon in recent years, creating market leading behemoths like Klarna, Affirm and Afterpay – who are all recording strong growth on the back of clear market demand. Could a growing call for regulation in the sector change this?

Pakistan’s largest Bank invests in country’s leading small business lender

Habib Bank Limited (HBL) became the first bank in Pakistan to invest in a FinTech startup with its significant participation in the last tranche of Finja’s $10.15m Series A1 round.

Volante, Deloitte partnership looks to transform FIs payments business

Cloud payments provider Volante Technologies and Deloitte have teamed to offer a new service aimed at transforming how financial institutions (FIs) run their payments business.

Zeta secures unicorn label following $250m Series C

Indian neobank startup Zeta has received unicorn status after a $250m Series C funding round took it to a $1.45bn valuation.

Zip strengthens grip on BNPL market with Twisto, Spotii acquisitions

Australian buy now, pay later (BNPL) company Zip will expand into Europe and the Middle with the purchases of BNPL competitors Twisto and Spotii.

Polaris expands digital footprint with new online banking platform

Nigeran bank Polaris has boosted its digital presence with the launch of VULTe, its new digital bank.

BNPL firm Sunbit secures unicorn status following $130m Series D

California-headquartered buy now, pay later (BNPL) company Sunbit has achieved unicorn status after a $130m Series D brought its value up to $1.1bn.

After graduating from YC, Houm banks $8m to improve the home rental market in...

Fresh out of Y Combinator’s W21 cohort, PropTech firm Houm secured an $8m seed round.

Uncapped lands $80m from Spotify investor Lakestar to offer startups wider banking services

UK-based startup which provides funding to startups without taking equity Uncapped raised an $80m funding round to launch a suite of banking services tailored for tech-driven companies.

Temenos strengthens money transfer capabilities with Wise alliance

Swiss banking technology firm Temenos will be able to offer money transfers on its platform following an agreement with FinTech juggernaut Wise.

News Stories

Validata and Temenos enhance bank reconciliation with extended technology partnership

Validata and Temenos enhance bank reconciliation with extended technology partnership

Validata, a leading provider in AI-driven reconciliation and data management tools, has partnered with Temenos, a banking software developer. 

Corpay boosts market presence with strategic Paymerang acquisition

Corpay, which offers corporate payments, has officially announced its intent to acquire Paymerang, a top provider of accounts payable automation solutions.
Canadian sustainable fixed income funds excel in early 2024

Canadian sustainable fixed income funds excel in early 2024

Canadian sustainable fixed income funds have made a robust start to the year, with the Morningstar Canada Sustainable Fund Landscape for Q1 2024 reporting an impressive $193.3m in inflows.
Pomelo and Thunes innovate cross-border finance with new digital wallet solution

Pomelo and Thunes innovate cross-border finance with new digital wallet solution

Bloomberg today unveiled a groundbreaking tool on the Bloomberg Terminal that enables investors to scrutinize portfolios, funds, and indices through sustainability thresholds tailored by the users themselves.
“The top 10 banks for AI talent currently account for 51% of the overall banking industry talent pool—a huge advantage when it comes to AI adoption. This concentration of AI talent has real consequences. If the banks that lag behind cannot close the gap, the race to implement AI will become an uphill struggle.”

US banks are surpassing European counterparts in AI talent growth

In the past six months, the world's foremost banks have expanded their AI talent by 9%, a rate that doubles their overall headcount growth, according to a survey from Evident.

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