WealthTech

Danish FinTech Cardlay lands €8m from former Mastercard president

Copenhagen-based FinTech Cardlay has secured €8m in capital from Global PayTech Ventures, venture fund managed by former Mastercard executive Javier Perez.

Facial recognition for securing payments to exceed 1.4bn users by 2025, study finds

A study from Juniper Research has discovered the number of users of software-based facial recognition to secure payments will exceed 1.4bn people globally by 2025.

Research finds FinTech apps outperformed banks during pandemic

Research by mobile analytics platform App Annie has discovered mobile FinTech apps outperformed banks by a factor of up to 10.8x during the COVID-19 pandemic.

Indian FinTech Zeta might join growing list of unicorns with funding by SoftBank Vision...

Neobanking startup Zeta is said to be close to joining the burgeoning unicorn club in India with Softbank-led funding round, which is currently being finalised with the Japanese investor.

Ikano taps TruNarrative to support global fraud prevention strategy

Swedish bank Ikano has chosen UK RegTech platform TruNarrative to provide digital onboarding and fraud risk management services for its company.

SumUp collaborates with ZSL on new contactless fundraising tech

UK-headquartered FinTech SumUp has partnered with the Zoological Society of London (ZSL) to develop a digital in-house fundraising technology to make contactless donations.

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.

ECB consultation finds privacy is key in future digital euro

A consultation conducted by the European Central Bank found privacy would be valued most in consideration of a potential future digital euro.

Troygold said to raise funding from Crossfin Ventures

Troygold, which digitises ownership of physical gold, has reportedly closed an investment from Crossfin Ventures.

Revix scores $4m investment to support launch of investing mobile app

South Africa-based cryptocurrency investment platform Revix has raised R58.5m ($4m) in its latest funding round.

News Stories

Over $3bn raised in this week's 29 FinTech funding rounds

Over $3bn raised in this week’s 29 FinTech funding rounds

Over $3bn was raised by FinTech companies this week, supercharged by a colossal €1.5bn raised by UK-based SumUp. 
Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena, a pioneering FinTech company known for its cloud-native, API-led microservices-based multi-product platforms, has appointed Rajesh Mehta to its Growth Advisory Board.
League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League Data and Mambu have embarked on a groundbreaking journey to transform the Canadian financial landscape by introducing advanced cloud banking solutions to credit unions.
Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint, known as the world's most accurate device intelligence platform, is partnering with Oscilar, a leader in AI-driven risk and fraud management.
Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English, an online English-learning platform operating in over 30 countries, and dLocal, a leading cross-border payment platform specializing in high-growth markets, have recently announced a significant partnership.

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