Tag: 2023 FinTech

Scottish FinTech Know-it to expand into Australia in 2024

Scottish FinTech Know-it has revealed it will enter the Australian market in 2024, as part of its global expansion strategy. 

Terrapay secures EMI in Italy, plans EU expansion 

Terrapay has announced it has secured authorisation as an EMI in Italy, and now plans to expand its operation further into the EU. 

Klar secures $100m debt facility from Victory Park Capital  

Digital financial services platform Klar has announced that it has secured a $100 million credit facility from Victory Park Capital. 

Vesttoo files for bankruptcy protection amidst fraud scandal 

Israeli FinTech Vesttoo has filed for Chapter 11 bankruptcy protection amidst the company's ongoing fraud scandal. 

Coinrule Launches Revolutionary AI Marketplace 

Coinrule has launched a revolutionary AI marketplace designed to empower investors to trade with ease. 

Praxent, Insurance Systems link to deliver custom digital experiences for insurers

InsurTech Praxent has revealed it has partnered with Insurance Systems Inc. to offer custom digital experiences for insurers. 

Wells Fargo launches down payment grant program 

Wells Fargo Home Lending has announced that it will offer $10,000 Homebuyer Access grants to help bridge the homeownership gap. 

India to add AI-powered conversational payments to UPI 

The Reserve Bank of India has set out plans for the development of AI-powered "conversational" payments on the country's UPI system. 

Horizon3.ai Raises $40M in Series C funding 

Horizon3.ai has announced a $40M cash inject in Series C funding led by Craft Ventures. It was also participated in by Signal Fire.

Sharia-compliant investment platform Mnaara raises pre-seed funds 

Mnaara, a FinTech specialising in offering investors access to global private funds while complying with Islamic finance principles, has successfully raised $500,000 in a pre-seed round. 

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