MioTech closes $7m Series A round led by Horizons Ventures
Financial institutional AI platform MioTech has closed a $7m Series A funding round led by Horizons Ventures.Other contributions to the round came from ZhenFund...
Canada-based Layer 6 acquired by TD Bank Group
Canada-based AI solution Layer 6 has been acquired by TD Bank Group.
UK FinTech TurinTech said to close £1m seed from IQ Capital
TurinTech, an AI-powered research solution, has reportedly raised £1m in a seed round from IQ Capital.
Automation FinTech Hyperscience closes its second series round of 2020
Automation software developer Hyperscience has closed its Series D round on $80m to take advantage of on its three-times year-over-year growth.
UK finance sector ninth biggest CO2 emitter in the world, report finds
A Greenpeace-led report has found UK banks and assets managers were responsible for 805m tonnes of CO2 in 2019 – making it the ninth largest carbon emitter worldwide.
Chubb develops Pay-As-You-Roam travel insurance service
Swiss property and casualty insurance firm Chubb has revealed it is creating a Pay-As-You-Roam (PAYR) travel insurance service.
German FinTechs merge to create business-to-consumer savings juggernaut
German FinTechs Raisin and Deposit Solutions have merged in a move that will see the creation of Raising DS – a new market-leading B2C savings company.
Digital banking use to exceed half of global population in 2026, study finds
A study by Juniper Research has found around 53% of the global population will access digital banking services in 2026.
Emerging markets set to lead mobile wallet uptake by 2025
A global study by Boku has found that emerging markets in Latin America and Africa and the Middle East are set to see the largest uptake in mobile wallets by 2025.
Prepaid Technologies snares $96m from Edison Partners-led growth round
Prepaid digital payment solution provider Prepaid Technologies has secured $96m in new growth financing.
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