WealthTech

Tide said to close a multi-million round from Apex Digital, valuing it at $350m

British FinTech Tide is said to be closing in on a £350m valuation following a fresh cash injection from the growth arm of private equity giant Apax Partners.

Nubank nabs $750m in a Berkshire-led round at a valuation of $30bn

Warren Buffett’s Berkshire Hathaway Inc invested $500m in Brazil’s Nubank, boosting the fast-growing FinTech firm's aim to expand across Latin America.

PwC study finds digital transactions are outpacing cash payments

A study by PricewaterhouseCoopers (PwC) has found cashless transaction volumes are expected to outpace cash payments going into 2030.

Dave enters acquisition agreement to speed up IPO plans

US banking app Dave has entered into a partnership with acquisition firm VPC Impact Acquisition Holdings that will result in the former becoming a publicly-traded company.

Ziina said to collect $7.5m in seed round

Ziina, a Dubai-based mobile wallet, has reportedly has collected $7.5m in seed round of funding.

SoftBank invests in GBM to accelerate democratisation of investments in Mexico

Investment platform in the Mexican stock market Grupo Bursátil Mexicano (GBM)secured up to $150m investment from SoftBank.

How Latin American startups and InsurTechs stole the show among the 37 FinTech investments...

InsurTech companies continued their winning streak last week among the 37 FinTechs that raised big rounds.

Starling secures lender accreditation for UK Recovery Loan Scheme

Starling Bank has received accreditation by the British Business Bank to be a lender under the UK government-backed Recovery Loan Scheme (RLS).

Fintech Working Group taps Boston for new financial innovation hub

The Massachusetts Fintech Working Group is set to launch a new FinTech innovation centre aimed at making the most of the states’ tech-heavy economy.

Standard Chartered unveils plans to launch cryptocurrency trading venture

Standard Chartered is planning to establish a UK-based cryptocurrency brokerage and exchange for clients in the UK and Europe.

News Stories

Slow week for FinTech with $557m raised across 16 deals

Slow week for FinTech with $557m raised across 16 deals

The UK leads the way in a slow week for FinTech, with just 16 deals completed globally and a total of $557.5m raised.  In a...
Glia introduces online calculator for benchmarking customer interactions in finance

Glia introduces online calculator for benchmarking customer interactions in finance

Glia, a pioneering force in customer interaction technology, has unveiled its latest innovation—the Unified Interactions Index Online Calculator.
TrueLayer lands $50m boost to pioneer pay-by-bank innovation in Europe

TrueLayer lands $50m boost to pioneer pay-by-bank innovation in Europe

TrueLayer, recognised as Europe's premier pay-by-bank network, has recently completed a significant fundraising milestone by securing an additional $50m.
Standard Life and Raindrop launch revolutionary free pension tracing service

Standard Life and Raindrop launch revolutionary free pension tracing service

Paysend, a pioneering UK-based FinTech company, has launched a new remittance solution, Paysend Libre, aimed at bolstering financial inclusion across Northern Central America.
WTW bolsters UK wealth management influence with strategic stake in Atomos

WTW bolsters UK wealth management influence with strategic stake in Atomos

WTW has announced its acquisition of a stake in Atomos, a prominent, advice-led wealth manager operating in the UK.

120,000+ FinTech leaders get exclusive industry stories delivered every week

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2024 with details on each solution