With MiFID II set to come into force in just a few days, UBS has initiated a project to use Ethereum smart contracts for compliance.
Digital current account company Loot has raised £2.2m in a series A funding round.
Investment in Canada-based FinTech companies more than tripled YoY reaching $251m across 16 deals in Q3 2017 Since dropping to $50.4m in Q1 2017, FinTech funding in Canada has increased for the second quarter running. Q3 2017 saw $250.7m invested in Canadian FinTech companies making it the strongest quarter to date. The growth in investment is mainly driven by...
Gift card provider Smartbox Group has received €167m in senior debt financing led by AIB.
Digital wallet Colu has reportedly raised $14.5m in a new wave of funding from IDB Development Corporation.
Mobile Marketing Automation solutions FollowAnalytics has raised an $11m Series B round.
UK-based machine learning solution Pace has closed a ?2.5m seed investment led by InterGlobe.
Point-of-sale-financing solution Financeit has received an investment from existing shareholder Goldman Sachs.
Digital mortgage company Guaranteed Rate has closed an undisclosed investment from Thomas H. Lee Partners.
Online payment solution Paddle has raised $12.5m in funding led by Notion.

News Stories

Napier AI names top markets for AI-driven AML compliance

Napier AI names top markets for AI-driven AML compliance

Financial crime compliance is undergoing a significant transformation, and according to Napier AI, the markets that are making the most meaningful progress are those...

FinTech funding continues strong run with over $800m raised this week

There was 22 deals recorded in the FinTech sector this week, with a total of $806.2m raised across all deals. This represented a considerable...

SEC settlement: what investment managers must know

The US Securities and Exchange Commission (SEC) has settled with a Florida-based investment manager over fraud and misleading investor disclosures, serving as a stark...
AI in wealth management: closing the implementation gap

AI in wealth management: closing the implementation gap

Despite widespread recognition of artificial intelligence as the defining technology of our era, the wealth management sector remains caught in a frustrating paradox: ambition...
CaixaBank launches GlobalView wealth aggregator

CaixaBank launches GlobalView wealth aggregator

CaixaBank has launched GlobalView, a financial positions aggregator that allows its wealth management clients to consolidate and analyse holdings across multiple financial institutions through a...

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