Tag: FinTech 2023

Evaluating the business line of potential clients is a key part of Know Your Customer (KYC) procedures in commercial relationships. However, analysts often spend substantial time utilising search engines and other manual processes to establish a client's Line of Business. This allows them to assess the risk involved in onboarding records or transactions.

Bank of America, a global financial powerhouse, has launched Bank of America Breakthrough Lab accelerator to create economic opportunities for entrepreneurs from underrepresented communities.

Standard Chartered, a leading international banking group with a strong presence in Asia, Africa and the Middle East, and Worldpay from FIS®, the world's largest merchant acquirer, have unveiled a strategic alliance.

Obie, a leading InsurTech startup, has today declared the successful raising of $25.5m in a Series B funding round.

Percent, the company behind the groundbreaking private credit market platform, has successfully wrapped up an oversubscribed Series B funding round, generating nearly $30m.

Paytronix, the pioneer in guest engagement for restaurants and convenience stores, has recently disclosed its integration with Square, a company renowned for making commerce and financial services effortlessly accessible.

Melbourne's online mortgage broker, Finspo, has reportedly secured a $2.55m Series D funding round.

San Francisco-based FinTech firm, Cardless, Inc., a pioneer in the creation of custom co-branded credit card products, has announced securing a substantial credit facility.

Spiff, a provider of sales commission software for revenue and sales organisations, has scored $50m in a Series C funding round.

Finastra, an esteemed international supplier of financial software applications and marketplaces, has partnered with BKN301 Group, a FinTech firm dedicated to dismantling financial barriers.