WealthTech

Mexican FinTech Clara joins unicorn club

Clara, a Mexico-based corporate spend management solution, has joined the unicorn club following the close of a $70m Series B.

Rio Ferdinand-backed Sokin unveils subscription payments platform in UK, Europe

London-based PayTech firm Sokin has introduced the first subscription-based global payments solution in the UK and European markets.

Singapore-Based neobank StashFin snags $40m in Series B extension

Singapore-based neobanking startup, StashFin completed the extension of its Series B equity financing of $40m.

OakNorth closes $30m investment from Japan’s SMBC

OakNorth, an AI software developer, has received a $30m investment from Japan-based bank Sumitomo Mitsui Banking Corporation (SMBC).

German prosecutors have arrested the chief executive of Wirecard’s Dubai unit Cardsystems

The highly publicised collapse of Wirecard has taken another turn with German prosecutors having arrested the head of the company's Dubai-based subsidiary.

Empower raises $20m Series A as challenger bank market continues to ripen

US challenger bank Empower has collected $20m in its Series A round as the appetite for digital banks continues to rise.

Indian online lending marketplace Namaste Credit is becoming a neobank

Namaste Credit is joining the digital banking revolution by announcing plans to turn the online lending marketplace, into a “fully-fledged digital-only bank” for micro, small and medium-sized enterprises.
fintech-news

Personal finance education for kids Pigzbe closes ICO on $8.85m hard cap

London-based digital wallet platform Pigzbe has closed its ICO after hitting its $8.85m hardcap.

Oregon-based Bumped closes Series A round on $14.1m

Bumped, a stock market and ownership mobile app, has closed its Series A on $14.1m.

New York-based DailyPay nets $9m Series B

DailyPay, which enables employees to have real-time access to their wages, has closed a $9m Series B funding round.

News Stories

FinTech

FinTech investment sees uptick following two sluggish weeks

There was a climb in investment in the FinTech sector this week, with FinTech Global reporting on a total of $399m being raised across...
compliance

Will 2024 be the year of compliance technology?

As technologically-driven solutions continue to firmly pierce the financial industry and how it runs, the need for firms to maintain compliance amongst a deluge...
ZeroEyes joins Lloyd's Lab for pioneering InsurTech against gun violence

ZeroEyes joins Lloyd’s Lab for pioneering InsurTech against gun violence

In an unprecedented move, ZeroEyes, known for its pioneering AI gun detection technology, has been welcomed into the coveted Lloyd's Lab Accelerator program, marking a significant stride in InsurTech innovation.
Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb Personal Risk Services (PRS), known for its commitment to providing exceptional insurance services, has announced the launch of an innovative self-service Flood Insurance System.
Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint venture

Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint...

Bishop Street Underwriters, a notable entity within the RedBird Capital Partners' portfolio, has formally announced a groundbreaking joint venture with Topsail Reinsurance SPC, Ltd....

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