Tag: Financial Services

nsave SA, a Swiss FinTech company, has successfully closed its first round of seed funding, securing a significant $4m investment.

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 funding

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.

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 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.

Earnix, the premier provider of AI-based Software-as-a-Service (SaaS) solutions for the financial services sector, has joined forces with Sollers Consulting, an international operational advisory and software integrator specialized in the financial domain.

Trampay, a pioneering FinTech dedicated to serving gig workers, has successfully secured a $250K pre-seed investment from Potencia Ventures.

Griffin, a groundbreaking full-stack Banking as a Service (BaaS) platform, has officially announced its transition to a fully operational bank.

This research was derived from a 2023 survey conducted by McKinsey and The Institute of International Finance of 37 financial services companies around the...