Sector Updates

CoinDCX said to raise $3m in its Series A round

Cryptocurrency exchange CoinDCX has reportedly secured $3m in its Series A funding round which was led by Polychain Capital, Bain Capital Ventures and HDR Group.

IDEX Biometrics launches its first biometric payment card in Turkey

IDEX Biometrics has launched its first biometric payment cards in Turkey in collaboration with an unnamed issuer.
fintech insurtech wealthtech regtech ai cybertech esg news

LogPoint lands $10m from Evolution Equity

Danish RegTech company LogPoint has landed $10m in Series B funding from Evolution Equity Partners.

Data security startup Seclore secures $27m

Data-centric security platform Seclore has reportedly raised $27m in its Series C funding round.
fintech insurtech wealthtech regtech ai cybertech esg news

Axial grabs U$14m to match private companies with investors and buyers

Axial, a New York-based online capital marketplace, has raised $14m in its Series C round. The company's platform is designed to match private companies...

Clear seeks international expansion with its Series C capital

India-based Clear, a provider of tax and financial services software, has scored $75m in its Series C funding round.

Searches for ‘savings account’ explode by 301%

Google searches for ‘savings account’ have exploded by 301% above the average in October 2022 – reaching the highest level in five years.

Cloud security company Lacework raises $42m in funding round

Lacework, a cloud security platform, has raised $42m in funding round Sutter Hill Ventures and Liberty Global Ventures.

InsurTech Pivot Health teams up with Quotit Corporation

Technology-powered health insurance solution Pivot Health has teamed up with software developer Quotit Corporation to improve agents offerings for customers.
Robeco

Robeco and Swiss Pension Group forge sustainable investment partnership

Robeco has joined forces with the Swiss Association for Responsible Investments, a pivotal player in the realm of responsible investment.

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.

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