Institutional Investment & Trading

Forge Global nets $150m as it receives FINRA approval

Forge Global, a private securities marketplace, has netted $150m in funding, alongside getting approval from FINRA to operate as a single broker dealer.

Klarna bolsters UK presence with key regional market expansions

FinTech juggernaut Klarna has expanded its footprint in the UK with a new office in London and larger premises in Manchester.

Corporate spend management firms and celebrity-backed companies among the 42 FinTech rounds raised last...

A Jared Leto-backed startup, family-focused FinTech firms and corporate spend management companies were among the big winners of the 42 funding rounds reported on last week.

MAS launches RegTech and digital schemes, commits S$42m to boost adoption

The Monetary Authority of Singapore (MAS) has introduced a RegTech grant scheme and an enhanced digital acceleration grant (DAG) program to boost tech use in the financial sector.

Three ways FinTechs are leaning into PayTech innovation

In the wake of COVID-19, research suggests FinTech companies are experiencing a strong growth spurt giving them the opportunity to innovate like never before.

Saudi Payments teams with IBM, Mastercard to launch instant payment system

Saudi Arabia’s only financial payments company Saudi Payments (SP) has introduced ‘sarie’ – an instant payments system – in collaboration with IBM and Mastercard.

Avaloq, Adviscent partner to accelerate financial services transformation

Zurich-based WealthTech100 firm Avaloq has entered a partnership with compatriot FinTech Adviscent to provide smart content solutions for wealth managers and private banks.

Cadence rebrands to Percent following Series A close

Private investing platform Cadence has rebranded to Percent alongside the close of a $12.5m Series A round.

PensionBee makes London Stock Exchange debut with £365m IPO

UK fintech PensionBee has debuted on the London Stock Exchange (LSE) with its shares priced at 165p per share.

IRA platform Alto inks $17m in a Series A round

Alto Solutions, the self-directed IRA platform for individuals to access and invest in alternative assets using their retirement funds, closed a $17m Series A funding.

News Stories

EFRAG and IFRS Foundation collaborate to simplify sustainability reporting

The IFRS Foundation, in conjunction with the EFRAG, has released guidance aimed at facilitating the adoption of sustainability reporting.
IBM

IBM boosts ESG reporting capabilities with Envizi’s CSRD module launch

IBM has recently unveiled the latest advancements in its ESG data platform, IBM Envizi.
Sylvera

Sylvera launches new tool for enhanced carbon credit procurement

Sylvera has recently introduced an addition to its platform aimed at simplifying and expediting the process of filtering and comparing carbon projects.
Ushur, a leader in AI-powered Customer Experience Automation (CXA), has introduced a new self-service solution tailored for financial institutions to automate Know Your Customer (KYC) and paperless enrolment processes.

Ushur unveils AI-powered self-service solution for financial institutions

Ushur, a leader in AI-powered Customer Experience Automation (CXA), has introduced a new self-service solution tailored for financial institutions to automate Know Your Customer (KYC) and paperless enrolment processes.

Altruist hits $1.5bn valuation with $169m Series E fundraise

Altruist, a modern custodian tailored for RIAs, has recently announced a significant milestone in its funding journey.

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