Robo Advisors

How the coronavirus will affect different segments of the FinTech industry

As COVID-19 rages on across the world, the affects on the FinTech segment of the economy is already letting itself be known.

DriveWealth signs deal with Wealthface which will enable it to enter the Middle East...

US-based DriveWealth will give access to its digital trading technology to UAE-based WealthTech company Wealthface.

Publishing assessment of value statements is bound to become a headache for asset management...

UK authorities are enforcing stricter reporting rules for the asset management industry. But navigating the regulations can be tricky.

AI chatbot Kasisto collects $7m in Series B round

Kasisto, a startup helping to digitalize financial services, has raised $7m in a Series B funding round.

SoftBank-backed OPay struggles with service outages and its customers are not happy about it

Customers of OPay, the Nigerian-based PayTech company, were left unable to tap into their account through the company’s app over the weekend.

Berenberg launches new WealthTech portal together with Backbase

Digital banking infrastructure company Backbase has helped the 400-year-old bank Berenberg launch a new customer-centric digital wealth management portal.

Wealth Wizards forms open banking partnership with Moneyhub

Financial advisor Wealth Wizards will use Moneyhub Enterprise data APIs to provide customers with holistic advice that is backed by real-time consent driven personal data.

Aumni scores $10m in Series A funding round

Having filled its coffers, Aumni is aiming to change the private capital market ecosystem.

Swiss insurance broker Swiss Risk & Care successfully taps Nucoro for wealth management project

Nucoro, the London-based WealthTech startup, has used its development skills to service its first client in the insurance industry.

Plum scores $3m in funding, alongside release of app for Android smartphones

Plum, an AI-powered personal finance management chatbot, has scored $3m in funding to support European expansion.

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

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