WealthTech

Gridwise, an app that helps drivers and couriers manage their earnings, has raised $12.7m in a funding round.

Capital raising solution developer HUBX has teamed up with Finastra to help corporate lenders during the loan syndication process by reducing manual workloads.

Kuwaiti-based Boubyan Bank has introduced a digital-centric, Sharia-compliant bank in the UK.

Indian investment platform Finvasia has raised an undisclosed round of funding in its pre-launch phase. The investment comes from Indian VC Intrinsic and values the company at Rs150 crore ($22m).

UK neobank Monzo has launched two types of business accounts after a 12-month trial period.

AGM Group Holdings, a trading platform developer for financial institutions, has closed its IPO on $6.53m.

Finshape, a vanguard in the FinTech solutions landscape, has proudly announced its strategic alliance with Arab National Bank (ANB), a seminal financial institution renowned for its innovative approach in Saudi Arabia.

Business intelligence firm Ipreo is expanding its service into private companies as more highly-valued firms choose to hold off IPOs.

A whitepaper by the Emerging Payments Association (EPA) has detailed that a stronger focus on digital identity could help combat soaring cases of financial crime.

UK retail bank NatWest will not accept payments in cryptocurrencies, according to the company’s head of risk Morten Friis.