Amidst growing acknowledgment of AI's prowess in uncovering fraud and financial crime, there remains a gap between those financial institutions (FIs) recognising its potential and those implementing it.

With the UK set to crown its new King, FinTech Global has looked back at the FinTechs that had a royally good start to the year.   The UK is currently in the middle of celebrating the coronation of King Charles III. With the limelight on the UK, it is worth celebrating the strong FinTech sector. With one of the biggest...

African FinTech investment stats in Q1 2023: • African FinTech deal activity in Q1 2023 reached 37 deals, a 69% drop YoY • African FinTech funding ended the quarter at $331m, a 17% reduction from Q1 2022 • Nigeria was the most active country for FinTech dealmaking in Africa during Q1 with 12 deals, a 32% share of total deals African FinTech deal...

Key Australian FinTech investment stats in Q1 2023: • Australian FinTech deal activity reached 22 deals in Q1 2023, a 56% drop from Q1 2022 • Australian FinTech funding ended the quarter at $226m in Q1 2023, a 62% decline compared to the same period last year • PayTech and RegTech were the most active FinTech subsectors in Australia during Q1 2023 Australian...

This week saw a total of 24 deals closed, raising $700m collectively. The majority of fundraises were modest in size.

Liquido, the next generation payments company for Latin America, has emerged from stealth mode, aiming to modernize and democratize digital payments access for the region's businesses. The company has raised $26m in funding, with investors including Index Ventures, Base Partners, Restive Ventures, Mantis VC, and UpHonest Capital, all of whom are recognized for supporting innovative FinTechs globally. Liquido offers a comprehensive...

The North American Pet Health Insurance Association (NAPHIA) released its 2023 State of the Industry (SOI) Report showing the North American pet health insurance sector grew by 23.5% in In-Force GWP over 2022.

Akur8, the next generation insurance pricing solution powered by transparent machine learning, has been selected by NEXT Insurance to help scale pricing capability framework.

Nymbus, a premier provider of cutting-edge financial technology solutions, has announced significant strategic investments from Curql Collective and Reseda Group. Curql Collective is a Credit Union Service Organization (CUSO) that drives FinTech innovation for credit unions through its flagship Curql Fund, while Reseda Group is a wholly-owned CUSO of MSU Federal Credit Union (MSUFCU), an existing Nymbus client. The investments will...

Sunnova Energy International, a US Energy as a Service (EaaS) provider, has partnered with Amica Insurance to expand the reach of its clean, affordable and reliable energy services.