Sector Updates

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Uber partners with Betterment to offer drivers retirement accounts

Uber is increasing the financial services that it offers its drivers through a partnership with robo-advice company Betterment.

AliPay and WeChat granted Hong Kong digital wallet licenses

Two of China biggest mobile payments players AliPay and WeChat, have won approval to operate digital wallets in Hong Kong. It seen as a major step towards international expansion.

Momfo takes $14m for property financing platform

Momfo, a Shanghai-based property financing platform has raised ?95m ($14m) in a Series A round of funding led by Gobi Partners and Kaitai Capital.

Lending Club snaps up Wall Street execs to win investor

Peer-to-peer lending firm Lending Club is bringing new senior staff on board in an attempt to once again win favour with investment banks.
fintech insurtech wealthtech regtech ai cybertech esg news

WestPac leverages DataRepublic for exchange platform

Australian bank Westpac is making use of its investment in DataRepublic, with the launch of a new service allowing corporate clients to store and exchange anonymised customer data.
fintech insurtech wealthtech regtech ai cybertech esg news

Ginmon gains Passion Capital backing for robo-advisor

Ginmon, a Frankfurt-based robo-advisor, has raised a new round of funding led by London VC Passion Capital. The size of the round is undisclosed.

MC Payments lands $4.4m for digital payments

Singapore-based payments solutions Mobile Credit Payment (MC Payment) has raised S$6m ($4.4m) in Series B financing.

SelfScore pockets $7.1m to serve international students

SelfScore, a financial services startups for international students, has raised $7.1m in a new round of funding led by Pelion Venture Partners.
fintech insurtech wealthtech regtech ai cybertech esg news

Ignition Wealth raises $762,000 from financial planning veteran

Robo-advisor Ignition wealth has raised Aus$1m ($762,000) in its first round of venture funding from financial planning expert Barry Lambert.

Meniga takes $8.2m for white-label personal finance

Meniga, an Icelandic startup offering white-label personal finance solutions, has raised $8.2m in a new round of funding.

News Stories

FinCEN’s AML shake-up: why AI compliance must deliver

For decades, passing a US anti-money laundering (AML) audit meant proving a programme existed. Write the policies, appoint the officer, train the staff, complete...

CPF lifecycle scheme: why FinTech infrastructure wins

With Singapore's CPF Lifecycle Investment Scheme provider selection expected in early 2027, FinTech analytics firm Kidbrooke is warning that the window to build a...

How EXANTE’s product owner cut release time in half with AI

EXANTE product owner Nastya has shared a detailed account of how integrating AI tools into her daily workflow has fundamentally restructured the pace and...
Wise acquires Expatica to expand support for people living abroad

Wise acquires Expatica to expand support for people living abroad

Wise, the global financial technology company specialising in cross-border payments, has acquired expat platform Expatica to expand support for people living and working abroad.   The acquisition combines Wise’s international money management services...
Intellect's modular fix for legacy underwriting pain

Intellect’s modular fix for legacy underwriting pain

For decades, insurers have been sold a particular story: that unlocking modern capabilities means tearing out their core system and starting from scratch. Intellect...

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