Personal Finance

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SalaryFinance secures £40m funding led by Legal & General, Blenheim Chalcot

Employee benefits financial wellbeing business SalaryFinance has secured a £40m investment led by Legal & General and Blenheim Chalcot.

Planto, Cogo partner to bring carbon footprint tool to Hong Kong banks

Personal finance management app Planto has teamed up with carbon footprint tracking platform Cogo with the goal to promote sustainability within banks.

LendInvest lands ?150m Barclays, HSBC partnership to aid UK property market

PropTech company LendInvest has secured a partnership with banking giants HSBC and Barclays that will funnel ?150m into the UK property space.

Brazil’s Facio said to raise $5m in its seed round

Brazil-based Facio, which provides tools to improve the financial wellbeing of employees, has reportedly raised $5m in its seed round.

Prudential Financial acquires Assurance in deal worth $2.35bn

Prudential Financial has agreed to health and financial wellness solution Assurance in a deal worth $2.35bn.

Goldman Sachs acquires personal finance app Clarity Money

Goldman Sachs Bank USA has acquired personal finance platform Clarity Money.
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CompareAsiaGroup picks up $50m Series B

Southeast Asia CompareAsiaGroup has picked up a $50m Series B funding round, led by IFC who committed $15m to the investment.

Betterfly becomes first Latin American social unicorn

Betterfly, which claims to have become the first Latin American “social” unicorn, has raised $125m in its Series C funding round.Glade Brook Capital led...

Rapyd to acquire payments firm Valitor for $100m

US payments network Rapyd is set to purchase Icelandic company Valitor from Arion Bank in a $100m deal.

Revolut unveils open banking feature for retail and business customers in Ireland

Neobank Revolut boasts having over one million retail and business customers who can from now on enjoy the FinTech unicorn's new open banking feature.

News Stories

Validata and Temenos enhance bank reconciliation with extended technology partnership

Validata and Temenos enhance bank reconciliation with extended technology partnership

Validata, a leading provider in AI-driven reconciliation and data management tools, has partnered with Temenos, a banking software developer. 

Corpay boosts market presence with strategic Paymerang acquisition

Corpay, which offers corporate payments, has officially announced its intent to acquire Paymerang, a top provider of accounts payable automation solutions.
Canadian sustainable fixed income funds excel in early 2024

Canadian sustainable fixed income funds excel in early 2024

Canadian sustainable fixed income funds have made a robust start to the year, with the Morningstar Canada Sustainable Fund Landscape for Q1 2024 reporting an impressive $193.3m in inflows.
Pomelo and Thunes innovate cross-border finance with new digital wallet solution

Pomelo and Thunes innovate cross-border finance with new digital wallet solution

Bloomberg today unveiled a groundbreaking tool on the Bloomberg Terminal that enables investors to scrutinize portfolios, funds, and indices through sustainability thresholds tailored by the users themselves.
“The top 10 banks for AI talent currently account for 51% of the overall banking industry talent pool—a huge advantage when it comes to AI adoption. This concentration of AI talent has real consequences. If the banks that lag behind cannot close the gap, the race to implement AI will become an uphill struggle.”

US banks are surpassing European counterparts in AI talent growth

In the past six months, the world's foremost banks have expanded their AI talent by 9%, a rate that doubles their overall headcount growth, according to a survey from Evident.

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