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.

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