WealthTech

Finfra

Indonesian FinTech pioneer Finfra attracts $1m investment round

Finfra, a platform for businesses seeking to launch white-labelled lending services in Indonesia, has disclosed a successful funding round.

EQ Bank partners with TransferWise to boost its international money transfer offerings

Canadian challenger bank Equitable Bank has integrated TranferWise’s APIs into its digital platform.

Deutsche Bank Wealth Management to implement Finantix’s KYC solution

Deutsche Bank Wealth Management has selected software builder Finantix to help enhance its client onboarding and KYC processes.
FundPark secures $500m in asset-backed facility from Goldman Sachs

FundPark secures $500m in asset-backed facility from Goldman Sachs

FundPark, a trailblazing FinTech company specialising in empowering digital entrepreneurs, has successfully closed an impressive asset-backed securitisation facility amounting to $500m.

FinTech startup Point snares $46.5m in Peter Thiel-backed Series B

Reward-based debit card startup Point has closed a $46.5m Series B funding round that was led by the Peter Thiel-owned Valar Ventures.

Acorns rakes in $300m after scrapping SPAC

Online investing platform Acorns has raised $300m in Series F funding, propelling it to a $1.9bn valuation.

Mentum scores $4.2m for its LatAm investing APIs

Mentum, which stylises itself as the investment API for Latin America, has raised $4.2m in seed funding led by Gradient Ventures.
Global payments provider Visa has partnered with Expel to bolster their clients' protection against cyber security threats.

Visa taps US security operations provider Expel for MDR capabilities

Global payments provider Visa has partnered with Expel to bolster their clients' protection against cyber security threats.

Why wealth managers need to focus on the young investor

Wealth managers typically focus on older people, as that is where the money is. However, young investors hold the wealth of tomorrow and capturing them early will stop them going elsewhere.

IBM and Bank of China strengthen their partnership to create a new FinTech global...

Bank of China and IBM Garage are launching China’s first global innovation lab, promising to make it a new and innovative model.

News Stories

Aeropay secures $20m in Series B funding for A2A payments expansion

Aeropay secures $20m in Series B funding for A2A payments expansion

Aeropay, a leading provider of Pay-By-Bank solutions for businesses, announced $20m in Series B financing.
INSTANDA and UnderwriteMe partner to revolutionise life insurance with no-code tech

INSTANDA and UnderwriteMe partner to revolutionise life insurance with no-code tech

INSTANDA, a leading global provider of SaaS platform technology for life insurance distribution and policy administration, has announced an integration with UnderwriteMe, a comprehensive SaaS underwriting platform provider for the life insurance industry.
Irish AI startup Numra secures €1.5m to launch finance assistant Mary

Irish AI startup Numra secures €1.5m to launch finance assistant Mary

Irish AI startup Numra, previously known as Autonifai, has announced a €1.5m funding round to introduce its AI finance assistant, Mary, to the market.
Cache Valley Bank partners with Finastra to enhance digital banking

Cache Valley Bank partners with Finastra to enhance digital banking

Cache Valley Bank, a community bank with $2.9bn in assets serving Utah and Southern Idaho, has expanded its collaboration with Finastra, a financial software provider, to enhance its digital banking infrastructure.
Work payments platform Native Teams raises €6.2m to expand into Asia

Work payments platform Native Teams raises €6.2m to expand into Asia

Native Teams, a work payments platform for freelancers, remote workers, and business owners, has successfully raised €6.275m to further its ambitious plans of becoming the go-to platform for work payments.

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