Tag: financial technology
FinLocker secures $17m in Series B to enhance homeownership journey
FinLocker, a prominent developer of financial readiness applications, has recently completed a significant milestone by closing its Series B funding round, securing $17m.
Basware expands financial sccuracy with AP matching acquisition
Basware, a pioneering entity in AP automation and invoice processing, has recently acquired AP Matching, enhancing its position in the financial technology landscape.
Bloomberg unveils innovative tool for sustainable investment screening tool
Bloomberg today unveiled a new sustainable investment screening tool available on the Bloomberg Terminal.
GradGuard expands coverage: New tuition protection program includes loss of employment
In a bid to bolster its tuition protection program, GradGuard, a leading provider of college tuition and renters insurance programs, has unveiled a significant enhancement.
League data and Mambu revolutionize Canadian credit unions with new digital...
League Data and Mambu have embarked on a groundbreaking journey to transform the Canadian financial landscape by introducing advanced cloud banking solutions to credit unions.
SumUp secures record €1.5bn in one of Europe’s largest private credit...
SumUp, a leading global FinTech company, recently raised €1.5bn from private credit lenders in a significant funding round led by Goldman Sachs. This transaction marks one of the largest European private credit deals in recent years.
Global instant payments set to hit $58tn by 2028, outpacing card...
Instant payments, where funds are received in 10 seconds or less and payment confirmation is available within a minute, are poised to redefine the financial transactions landscape.
Chilean FinTech pioneer Fintoc secures $7m for bold Mexican market expansion
Chilean FinTech startup Fintoc, which specialises in instant payments via APIs, has successfully raised $7m in a Series A funding round. The investment is earmarked...
How the world’s top banks and insurers are adopting GenAI tools
In recent years, the integration of generative artificial intelligence (GenAI) tools within the financial sector has seen remarkable growth. A study conducted by ORX, a leading operational risk association, reveals that 75% of the world’s major banks and insurers are now utilizing external GenAI applications in their operations.
Trustly introduces an initiative to boost checkout efficiency across Europe
Trustly, a prominent payments company, has recently announced a significant initiative aimed at propelling business growth throughout Europe.