Personal Finance

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Smartr365 rakes in £1m in funding from Fig

Personal finance solution provider Smartr365 has raked in £1m in a funding round from Fig VC.

Singapore-based Endowus raise $35m in latest funding round 

Singapore-based wealth management platform Endowus has recently raised $35m in a Series C funding round. 

Akulaku mulls going public

Indonesia-based digital finance platform Akulaku is considering a merger with special purpose acquisition company (SPAC) Catcha Investment Corp, according to a report by PYMNTS.

India-based FypMoney App said to raise $2m in seed funding

FypMoney App has reportedly collected $2m in a seed funding round, which will help it deepen its product development.

WealthTech startup NextCapital closes $30m round

Personal finance app NextCapital has scored $30m in its growth funding round.

HSBC Qatar introduces mobile payments service in banking digitisation push

HSBC Qatar has unveiled a new mobile payments and collections service for its customers as it continues its investment into digitising banking services.

PictureWealth closes AUD $12m in late-seed round alongside acquisition of NEO Financial Solutions

Australia-based Picture Wealth, which is boosting the financial education of consumers, has closed AUD $12m ($8.2m) in its late-seed round.
FinTech-Frost-raises-£1-emoney-finances

Frost gears up for growth with £1.1m funding

Frost, an e-money institution helping people take back control over their finances, has raised a total £1.1m in funding and named Andrew Jennings as CSO.

Mono secures $15m on its mission to help consumers in Africa link financial accounts

Nigeria-based Mono, which helps consumers connect their financial accounts in a single place, has raised $15m in its Series A.
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Personal finance education for kids Pigzbe closes ICO on $8.85m hard cap

London-based digital wallet platform Pigzbe has closed its ICO after hitting its $8.85m hardcap.

News Stories

How the world's top banks and insurers are adopting GenAI tools

How the world’s top banks and insurers are adopting GenAI tools

In recent years, the integration of generative artificial intelligence (GenAI) tools within the financial sector has seen remarkable growth. A study conducted by ORX, a leading operational risk association, reveals that 75% of the world’s major banks and insurers are now utilizing external GenAI applications in their operations.
UK-based PeppercornAI bags £3.25m for AI-driven insurance solutions

UK-based PeppercornAI bags £3.25m for AI-driven insurance solutions

PeppercornAI, an InsurTech specialising in conversational artificial intelligence, has successfully raised £3.25m.
Encompass Corporation welcomes Stuart Barnard as new CFO

Encompass Corporation welcomes Stuart Barnard as new CFO

Encompass Corporation, a pioneer in Corporate Digital Identity (CDI), has recently announced the appointment of Stuart Barnard as its first Chief Financial Officer (CFO).
Unlocking the power of KYC Portal CLM in modern due diligence

Unlocking the power of KYC Portal CLM in modern due diligence

In the complex world of finance, due diligence is essential for protecting a company’s reputation and financial well-being. As customer demands for convenience increase and regulatory scrutiny intensifies, finding a balance is more important than ever. The solution lies in an innovative tool—KYC Portal Customer Lifecycle Management (CLM). The RegTech company recently compiled a guide on its role in enhancing due diligence processes.
Apax Digital Funds backs IANS Research with new investment to boost InfoSec services

Apax Digital Funds backs IANS Research with new investment to boost InfoSec services

IANS Research, a leading provider of independent research and advisory services for the information security industry, has just secured a significant investment from Apax Digital Fund II. 

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