Trading Platforms

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.

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.

Fintor banks $2.5m to make real estate investing more accessible

California-based fractional real estate investing platform Fintor closed a $2.5m seed funding round.

Dispersion Holdings eye AQSE market floatation

DeFi enterprise Dispersion Holdings is planning to apple for admission of its shares to trading on the Access segment of Aquis Stock Exchange Growth Market (AQSE) in London.

Sustainable investment app Clim8 bags $8m to tackle climate change

UK-based investment platform Clim8 Invest raised $8m in funding alongside launching its app for retail investors.

Vybe bags $2.9m to launch teen challenger bank

French FinTech startup Vybe has raised $2.9m from a funding round to build a challenger bank service for teenagers.

Atom Bank valuation halves after £40m funding raise, gears up for future IPO

UK challenger Atom Bank has established a £40m fund raise at 60p-a-share, which is just under half the price it raised equity in in 2019.

Investment app Groww earns the unicorn horn after latest $83m fundraise

Stock investment platform Groww’s latest $83m Series D round catapulted it into the unicorn club.

Why digitalisation is key for success in wealth management

As new technologies and digitalisation continue to change the way wealth managers operate, it’s more essential now than ever to understand the changing needs and requirements of clients and capitalise on client-centricity and digitally-enabled interaction channels.

News Stories

The $bn water risk problem insurers can no longer ignore

The billion dollar water risk problem insurers can no longer ignore

Water damage remains one of the most underestimated risks facing modern buildings, creating significant challenges for insurers, property owners and facilities managers as hidden...
FinTech

Investors turn up the heat with $1.9bn raised in FinTech this week

Across the 19 deals reported on by FinTech Global this week, there was a grand total of $1.95bn raised by FinTech firms, reflecting a...
Why banks can't afford years-long payments overhauls

Why banks can’t afford years-long payments overhauls

Payments modernisation has become the defining boardroom debate in banking, and according to Tieto, the banks that move in months rather than years will...
Why the annual review may become a premium service

Why the annual review may become a premium service

The annual review is itself under review, and according to WealthTech provider Ortec Finance, the commercial consequences could be profound. The Financial Conduct Authority's consultation...
Why affidavits of unchanged status matter for W-8 compliance

Why affidavits of unchanged status matter for W-8 compliance

Firms handling cross-border payments face mounting pressure to keep payee documentation accurate, and according to compliance specialist Comply Exchange, affidavits of unchanged status are...

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