Aon, a prominent global professional services firm, has announced it has acquired Humn.ai's technology assets and intellectual property in a bid to fortify its commercial fleet proposition.
NatWest is set to axe its Buy Now Pay Later (BNPL) option less than two years after its initial rollout.
On International Womens Day 2024, FinTech Global spoke to several key industry players in the FinTech space.
Key Indian FinTech investment stats in 2023:
• Indian FinTech companies raised a combined $3.2bn in 2023, a 49% drop from 2022
• Indian FinTech deal activity totalled at 275 deals in 2023, a 40% drop from the previous year
• Lending Technology was the most active Indian FinTech subsector in 2023 with 58 transactions, a 21% share of total In 2023, Indian...
IDfy, an innovative player in the identity verification space, has recently announced a significant financial boost, raising $27m in a recent investment round.
Banking Infrastructure
Peppermint Innovation secures A$1.1m for AI and customer experience advancements
Peppermint Innovation, an ASX-listed FinTech company, has successfully raised AUD $1.102m in a recent funding round. The investment came through a placement to sophisticated and professional investors, showcasing strong market confidence in Peppermint's vision and strategy, according to a report from Australian FinTech. This placement involved the issuance of 73,500,000 fully paid ordinary shares at a price of 1.5 cents...
Lettuce Financial, a pioneering company in the FinTech sector, has just announced a significant milestone in its journey to democratise accounting and tax services for solopreneurs.
Claroty, a leader in the protection of cyber-physical systems, has successfully completed a strategic growth financing round, securing $100m.
Overall there were two new FinTech unicorns in February 2024, double the amount in January and a 22% share of total new unicorns in the month. These new companies reaching unicorn status were Kin Insurance, a US-based, digital, direct-to-consumer home insurance provider, which secured $15m in financing to take its value past the $1bn-mark. This latest funding round, led...
Altro, a groundbreaking credit-building and financial literacy app, has announced a significant expansion, now serving 47 U.S. states.
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