Tencent, a global technology conglomerate headquartered in China, has partnered with Visa to introduce palm recognition payment technology to international markets. This strategic partnership will initially launch in Singapore, allowing Visa cardholders from participating banks, including DBS, OCBC, and UOB, to test the service as part of a pilot programme. The aim of the partnership is to revolutionise the payment experience...

Key Singaporean FinTech investment stats in Q3 2024: Singaporean FinTech deal activity halved in Q3 YoY Average deal value dropped to $13.7m as investors focus on smaller deals SDAX, a digital assets exchange specialising in regulated investment and trading of fractionalised institutional-grade assets, secured the biggest FinTech deal in Singapore with a $50m Series B2 funding round In Q3 2024,...

This week, FinTech Global reported on 25 deals across the FinTech industry, with big players like J.P Morgan and Allianz providing key funding. Over $966m was raised across all funding rounds this week, highlighting a strong and stable interest on the FinTech sector remaining. Here are this week’s deals. Sunbit partners with J.P. Morgan for a $355m debt facility Sunbit, a prominent...

Despite economic challenges, the WealthTech sector continues to attract large interest from financial institutions and investment firms.  A recent report from FinTech Global found that $17.7bn has been invested across 958 deal since the start of the year. With the sector generating a lot of investment, FinTech Global sat down with Fredrik Davéus, the CEO and co-founder of Kidbrooke, about...

Jumio, a leading provider of automated, AI-powered identity verification, compliance, and risk management solutions, has entered into a strategic partnership with LatticeFlow AI, a Swiss-based company dedicated to enhancing the safety and trustworthiness of AI systems.

Toronto-Dominion Bank Group (TD), one of North America's largest banks by assets, has partnered with TouchBistro, a leading provider of POS and restaurant management solutions, to offer Canadian restaurant owners an all-in-one payment and management platform.

Marygold & Co., the UK’s leading emotionally intelligent money management app, has partnered with Griffin, a UK-based bank tailored to FinTech companies.

Groov, an embedded lending platform, has announced the completion of its £1.5m seed funding round.

The 2024 U.S. presidential election, one of the most closely watched and contentious in recent history, has culminated in Donald Trump’s re-election as the 47th president. With the nation sharply divided over key issues—from economic policies and immigration to the future of democracy—this election has underscored the deepening polarisation in the U.S. political landscape. As ballots are counted and...

Advisor attrition is a critical challenge in the wealth management industry, and yet most firms are not doing enough to prevent it, according to a new report from Fligoo.