Tag: Fintech

Radian Group, a leading company in mortgage and real estate services, announced a strategic investment in FinLocker, a revolutionary app designed to assist in personal financial fitness and homeownership.

2023 was a pivotal year in digital communications governance. In the US, regulatory bodies imposed hundreds of millions in fines, extending their reach from banks to broker-dealers, investment advisers, and credit rating agencies. Similar actions were observed in the UK, with regulatory bodies sanctioning banks and fining firms for non-compliance in trading communications.

The European InsurTech deals sector suffered a sharp downturn in fortune in 2023, but the United Kingdom (UK) remained the pre-eminent force on the continent.

PortX, a leading financial infrastructure and integration technology, has announced a strategic partnership with Plaid, a key player in the digital financial ecosystem.

American Express has partnered with OVO, an energy company in the UK, to offer customers a more straightforward way to pay their energy bills.

Conta Simples, a Brazilian company specialising in expense management and corporate card services, has recently closed its Series B funding round on $41.5m.

Grip Invest, an alternative investment platform, has successfully raised $10m in its latest funding round. The round was a mix of equity and debt, spearheaded by Stride Ventures.

Mylapay, a PayTech company based in India, recently announced a successful seed funding round.

Salmon, a Southeast Asian FinTech startup, has received regulatory approval to acquire the controlling interest in Rural Bank of Sta. Rosa (Laguna), making it a licensed bank in the Philippines.

Keepit, a Copenhagen-based leader in SaaS backup and recovery, has raised a $40m injection from HSBC Innovation Banking in collaboration with The Export and Investment Fund of Denmark (EIFO).