Tag: Financial Services

Selma Finance, a Switzerland-based WealthTech platform, recently concluded a successful crowdinvesting campaign. This innovative digital financial advisor secured more than €1.3m from its vibrant community of supporters, exceeding its original fundraising target by a significant 30%.

Unlocking the potential for commercial success, dynamic financial crime risk assessments offer a multitude of benefits for financial institutions. Acuminor, a RegTech company explained that these benefits serve to bolster the financial health, stability, and long-term growth of these institutions.

ACA has launched a new offering that enables investment firms to outsource their performance measurement and reporting functions.

Amsterdam-based Backbase, a global leader in engagement banking software, has announced the acquisition of Nucoro, a digital wealth platform based in the UK. The terms of the deal remain undisclosed, bringing together two key players in the world of FinTech.

Levine Leichtman Capital Partners (LLCP), an international private equity firm, has made a significant investment in cleversoft Group GmbH, or cleversoft, a top-tier provider of regulatory software for the financial services sector.

The new generation of UK bank users are turning away from traditional brick-and-mortar banks in favour of digital banking, leading a major shift across Europe.

In a recent post by Currencycloud, the company provided a review on a talk regarding gender equality in the banking sector.

OneMain, a firm specializing in loans for people with "nonprime" credit histories, has been fined by the New York DFS due to cyber lapses.

Nymbus, a leading provider of financial technology solutions, has announced the culmination of its Series D funding round, amounting to $70m.

The Financial Conduct Authority (FCA) has disclosed its findings from a review of 14 fair value frameworks ahead of the Consumer Duty implementation in less than three months. RegTech platform Novatus Advisory has reviewed this and outlined the key takeaways for firms.