SquadTrip, an automated payment solution for both large and small group trips, has successfully secured $1.5m in funding.

We've been living through periods of extreme conditions for the past few years, with global pandemics, wildfires, flooding, ice storms, and the looming possibility of international conflict becoming alarmingly frequent. While we could easily brush these years off as a statistical anomaly, data analysis presents a starkly different narrative. It suggests that we are transitioning towards accepting these extremes as our new reality.

Wolters Kluwer has integrated ESG standards into its Corporate Performance & ESG  solution, a part of its cloud-based TeamMate+.

Fenergo FinTalks podcast has released its latest episode where it aims to offer the newest insights into the world of RegTech, compliance, and anti-money laundering (AML).

Key UK FinTech investment stats in H1 2023 • UK FinTech deal activity reached 246 deals in H1 2023, a 14% decrease from H1 2022 • UK FinTech companies raised a combined $1,389m in H1 2023, an 80% drop YoY • WealthTech was the most active UK FinTech subsector with a 18% share of total deals The UK experienced negative results in H1...

In an era of growing operational costs, it has become a pressing necessity for banks to embrace efficient Know Your Customer (KYC) practices. The global spend on regulatory technology (RegTech) is predicted to ascend to $207bn by 2028, a forecast that urges banks to channel their investment into automating their manual KYC processes.

German neobanks have grown in popularity within the country and has the second largest neobanking transaction value which reached $50 billion in 2021. Despite the increasing prominence of open banking and the integration of digital-only neobanks into the European Union's financial landscape, these FinTechs have encountered challenges in achieving sustained profitability. Some have even faced issues related to anti-money...

There were 33 funding rounds in the FinTech space this past week, with the biggest deal seeing a whopping £345m investment for business credit firm TP24. Other key funding rounds this week were seen in the cryptocurrency space, with cryptonative investment firm CoinFund pulling in $158m in its seed funding. More than $1.3bn was raised in total funding this...

Key Global FinTech acquisition stats in H1 2023 • FinTech acquisition activity halved in H1 2023 YoY reaching 174 acquisitions in total • FinTech acquisition activity dropped 20 percentage points more than the general market • The average FinTech acquisition size was $844m in H1 2023 up three-fold from H1 2022 The number of FinTech acquisitions in H1 2023 decreased by 50% compared...

In a bid to accelerate and refine their quotation process, Source Insurance, a leading provider of general insurance quotations, has fortified its partnership with WhenFresh, renowned property data specialists.