Tag: 2023 FinTech

LXA, a Singapore-based FinTech company, has announced the completion of a $10m funding round that was led by New Enterprise Associates, Inc. (NEA).

Broadridge Financial Solutions, Inc. has revealed a further expansion to its Shareholder Disclosure offering which will allow it to meet regulatory requirements in the UK, Australia and Hong Kong markets.

Paylink has announced a secure automated debt consolidation solution that has already saved has already saved UK customers over £10m.

MPOWER Financing has successfully closed a debt financing round, catapulting its total lending capacity to over $300m, as they look to support the education of international students.

In the quest for financial empowerment in underserved communities, technology is emerging as a powerful catalyst for change. Rather than continuing to ignore the need to include financially illiterate communities, industry leaders are urging for wide-spread regulatory changes to break down the barriers to entry for the pariahs of the financial world.

Many insurance companies offer their customers the convenience of scanning and submitting claims-related documents through dedicated mobile apps. While this approach works well for many, not all users want to download additional applications. Fortunately, there's an alternative solution that combines efficiency and user-friendliness – implementing a Web SDK for document scanning directly through browsers.

KYND Limited, a leader in cyber risk management has launched a pioneering new product designed to bolster the ways in which firms can identify areas of risk.

The insurance industry relies heavily on efficient data communication, and two key terms, the Core Data Record (CDR) and the Market Reform Contract (MRC), play significant roles in standardising this communication. While distinct, both concepts contribute to insurance processing and documentation, streamlining operations in the sector.

Dragonfly Financial Technologies Corp. has launched a new solution allows to enhance their digital banking offerings.

FinTech funding fell dramatically this week to $364.9m, but despite the lack of big deals, the USA continued to rule the roost, producing two-thirds of the total deals.