Tag: financial technology
ACI Worldwide forecasts large $7.6bn rise in APP scam losses by...
ACI Worldwide has published its 2024 Scamscope report in collaboration with GlobalData, a foremost data and analytics firm. The report predicts a significant rise...
Revolut surpasses 50 million global customers, aims for 100m milestone
Revolut, the UK-based FinTech giant and licensed European bank, has announced a major milestone, reaching 50m customers globally. Of these, 10m are based in the UK, solidifying the company’s position as a leader in digital banking.
Achieve secures $186.4m in AAA-rated personal loan securitisation
Achieve, a leader in digital personal finance, has closed a $186.4m securitisation deal backed by its Achieve Acceleration Loans.
Global RegTech deal activity bounced back as investors focus on smaller...
Key RegTech investment stats in Q3 2024: Global RegTech deal activity on the bounce back with increase of 34% QoQ
Average deal value dropped...
Trolley gears up with $23m Series B for global expansion of...
Trolley, an end-to-end global payouts platform, today announced it has successfully secured a Series B growth equity investment totaling $23m USD.
UK increased its hold on the European WealthTech market as investors...
Key European WealthTech investment stats in Q3 2024: European funding dropped by 91% YoY as investors grow cautious
UK increased its hold on the...
Satispay secures €60m to expand mobile payment and investment services
Satispay, the mobile payment giant, has successfully closed a new funding round, securing €60m.
UK FinTech investments dropped by 15% YoY as deals under $100m...
Key UK FinTech investment stats in Q3 2024: UK FinTech investments dropped by 15% YoY
Deals under $100m halved as investors focus on smaller...
How AI is shaping the future of financial crime prevention strategies
As artificial intelligence (AI) continues to advance, its role in financial crime prevention is growing, with organisations now considering AI as a foundational element in their risk management strategies.
California cements its place as the hub for WealthTech in US...
Key US WealthTech investment stats in Q3 2024: US WealthTech funding increased by 42% in Q3 QoQ
By accounting for over 20% of all...