Tag: Financial Services
Italian FinTech remains resilient with only a slight 4% drop in...
Key Italian FinTech investment stats in 2023
• Italian FinTech deal activity reached 61 transactions in 2023, a 4% reduction from 2022
• Italian FinTech companies...
Bavest secures €1.1m in pre-seed funding to enhance AI-driven FinTech solutions
Bavest, a pioneering B2B FinTech company based in Germany, has announced a significant milestone in its journey with the closure of a €1.1m pre-seed funding round.
Latin American Lending Tech companies reported trend defying 6% increase in...
Key Latin American Lending Technology stats in 2023:
• Latin American Lending Technology deal activity reached 76 deals in 2023, a 6% increase from 2022
•...
Fintech Sandbox welcomes new data partners to empower startups worldwide
In an exciting development for early-stage FinTech startups globally, Fintech Sandbox has announced a significant expansion of its data access offerings.
Swiss FinTech nSave secures $4m in seed funding to support financial...
nsave SA, a Swiss FinTech company, has successfully closed its first round of seed funding, securing a significant $4m investment.
One in four Financial Institutions plans to invest in third party...
As financial services organizations transition from proof of concept to real-world impact with AI projects, there is a growing consensus to continue investing. Key...
Philippine neobank Zed introduces pioneering “no-fee” credit card, securing $6m in...
Philippine neobank Zed introduces pioneering "no-fee" credit card, securing $6m in funding
nCino acquires DocFox to revolutionise banking onboarding and account opening
nCino, a trailblazer in cloud banking for the global financial services industry, has announced its plan to acquire DocFox, a front-runner in automating the onboarding experience for commercial and business banking.
Revolutionising finance: The rise of embedded finance in 2024
As we delve deeper into 2024, the embedded finance phenomenon continues to reshape the financial services sector. A Capgemini survey from 2021 revealed that over 70% of banking executives view embedded finance as a catalyst for innovation, customer base expansion, and cost reduction, predicting its market value to soar to $588bn by 2030 from $22bn in 2020. This trend positions embedded finance as a key strategic channel for banks.
Perfios, India’s premier FinTech SaaS innovator, secures $80m investment
Perfios, India's leading B2B SaaS FinTech company, has successfully raised $80m in a funding round led by Teachers' Venture Growth (TVG), the late-stage venture and growth investment arm of the Ontario Teachers’ Pension Plan.